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Related papers: Why Trick Me: The Honeypot Traps on Decentralized …

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Decentralized Finance (DeFi) is emerging as a peer-to-peer financial ecosystem, enabling participants to trade products on a permissionless blockchain. Built on blockchain and smart contracts, the DeFi ecosystem has experienced explosive…

Cryptography and Security · Computer Science 2023-09-07 Peng Qian , Rui Cao , Zhenguang Liu , Wenqing Li , Ming Li , Lun Zhang , Yufeng Xu , Jianhai Chen , Qinming He

The prosperity of decentralized finance motivates many investors to profit via trading their crypto assets on decentralized applications (DApps for short) of the Ethereum ecosystem. Apart from Ether (the native cryptocurrency of Ethereum),…

Cryptography and Security · Computer Science 2022-07-06 Dabao Wang , Hang Feng , Siwei Wu , Yajin Zhou , Lei Wu , Xingliang Yuan

Decentralized finance (DeFi) has the potential to disrupt centralized finance by validating peer-to-peer transactions through tamper-proof smart contracts, thus significantly lowering the transaction cost charged by financial…

General Economics · Economics 2023-12-04 Ziqiao Ao , Lin William Cong , Gergely Horvath , Luyao Zhang

Electronic bait (honeypots) are network resources whose value consists of being attacked and compromised. These are often computers which do not have a task in the network, but are otherwise indestinguishable from regular computers. Such…

Cryptography and Security · Computer Science 2007-05-23 Maximillian Dornseif , Felix C. Gaertner , Thorsten Holz

Blockchains, and specifically smart contracts, have promised to create fair and transparent trading ecosystems. Unfortunately, we show that this promise has not been met. We document and quantify the widespread and rising deployment of…

Cryptography and Security · Computer Science 2019-04-11 Philip Daian , Steven Goldfeder , Tyler Kell , Yunqi Li , Xueyuan Zhao , Iddo Bentov , Lorenz Breidenbach , Ari Juels

Trust mechanisms diverge between centralized and decentralized exchanges, representing distinct sociotechnical governance paradigms. However, quantifying trust dynamics and their redistribution between these architectures remains…

General Economics · Economics 2026-05-04 Xintong Wu , Wanlin Deng , Yutong Quan , Lin William Cong , Luyao Zhang

Fooling adversaries with traps such as honeytokens can slow down cyber attacks and create strong indicators of compromise. Unfortunately, cyber deception techniques are often poorly specified. Also, realistically measuring their…

Cryptography and Security · Computer Science 2024-08-21 Mario Kahlhofer , Stefan Achleitner , Stefan Rass , René Mayrhofer

The efficiency of decentralized exchanges (DEXs) and the influence of token routing algorithms on market performance and stakeholder outcomes remain underexplored. This paper introduces the concept of Standardized Total Arbitrage Profit…

Trading and Market Microstructure · Quantitative Finance 2025-08-06 Yu Zhang , Claudio J. Tessone

Lending pools are decentralized applications which allow mutually untrusted users to lend and borrow crypto-assets. These applications feature complex, highly parametric incentive mechanisms to equilibrate the loan market. This complexity…

Cryptography and Security · Computer Science 2020-12-25 Massimo Bartoletti , James Hsin-yu Chiang , Alberto Lluch-Lafuente

Improving transaction throughput is one of the main challenges in decentralized payment systems. Attempts to improve transaction throughput in cryptocurrencies are usually a trade-off between throughput and security or introduce a central…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-16 Rowel Gündlach , Jaap-Henk Hoepman , Remco van der Hofstad , Tommy Koens , Stijn Meijer

This document analyzes price discovery in cryptocurrency markets by comparing centralized and decentralized exchanges, as well as spot and futures markets. The study focuses first on Ethereum (ETH) and then applies a similar approach to…

Trading and Market Microstructure · Quantitative Finance 2025-06-11 Juan Plazuelo Pascual , Carlos Tardon Rubio , Juan Toro Cebada , Angel Hernando Veciana

By analogy with the developed cryptographic theory of discrete logarithm problems, we define several hard problems in Entropoid based cryptography, such as Discrete Entropoid Logarithm Problem (DELP), Computational Entropoid Diffie-Hellman…

Cryptography and Security · Computer Science 2021-04-13 Danilo Gligoroski

Cyber-systems are under near-constant threat from intrusion attempts. Attacks types vary, but each attempt typically has a specific underlying intent, and the perpetrators are typically groups of individuals with similar objectives.…

Cryptography and Security · Computer Science 2025-03-21 Francesco Sanna Passino , Anastasia Mantziou , Daniyar Ghani , Philip Thiede , Ross Bevington , Nicholas A. Heard

Keyloggers remain a serious threat in modern cybersecurity, silently capturing user keystrokes to steal credentials and sensitive information. Traditional defenses focus mainly on detection and removal, which can halt malicious activity but…

Cryptography and Security · Computer Science 2025-08-07 Md Sajidul Islam Sajid , Shihab Ahmed , Ryan Sosnoski

As one of the most popular blockchain platforms supporting smart contracts, Ethereum has caught the interest of both investors and criminals. Differently from traditional financial scenarios, executing Know Your Customer verification on…

Social and Information Networks · Computer Science 2023-01-03 Dan Lin , Jiajing Wu , Qishuang Fu , Zibin Zheng , Ting Chen

Decentralized Finance (DeFi) applications introduce novel financial instruments replicating and extending traditional ones through blockchain-based smart contracts. Among these applications, DeFi derivatives protocols enable the creation…

Computer Science and Game Theory · Computer Science 2026-05-05 Luca Pennella , Pietro Saggese , Fabio Pinelli , Letterio Galletta

Non-fungible tokens (NFTs) are decentralized digital tokens to represent the unique ownership of items. Recently, NFTs have been gaining popularity and at the same time bringing up issues, such as scams, racism, and sexism.…

Computers and Society · Computer Science 2025-08-11 Yunpeng Xiao , Bufan Deng , Siqi Chen , Kyrie Zhixuan Zhou , Ray LC , Luyao Zhang , Xin Tong

Deception plays a critical role in the financial industry, online markets, national defense, and countless other areas. Understanding and harnessing deception - especially in cyberspace - is both crucial and difficult. Recent work in this…

Cryptography and Security · Computer Science 2015-06-23 Jeffrey Pawlick , Quanyan Zhu

A decentralized application (dapp for short) refers to an application that is executed by multiple users over a decentralized network. In recent years, the number of dapp keeps fast growing, mainly due to the popularity of blockchain…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-02-14 Kaidong Wu

Current tools and systems of detecting vulnerabilities simply alert the administrator of attempted attacks against his network or system. However, generally, the huge number of alerts to analyze and the amount time required to update…

Cryptography and Security · Computer Science 2016-11-11 Abdeljalil Agnaou , Anas Abou El Kalam , Abdellah Ait Ouahman , Mina De Montfort