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Agreement protocols are crucial in various emerging applications, spanning from distributed (blockchains) oracles to fault-tolerant cyber-physical systems. In scenarios where sensor/oracle nodes measure a common source, maintaining output…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-05-08 Akhil Bandarupalli , Adithya Bhat , Saurabh Bagchi , Aniket Kate , Chen-Da Liu-Zhang , Michael K. Reiter

In this review, we evaluate the mechanisms behind the decentralized finance protocols for generating stable, passive income. Currently, such savings interest rates can be as high as 20% annually, payable in traditional currency values such…

Computers and Society · Computer Science 2021-08-16 Hakwan Lau , Stephen Tse

Microfinance, despite its significant potential for poverty reduction, is facing sustainability hardships due to high default rates. Although many methods in regular finance can estimate credit scores and default probabilities, these…

General Finance · Quantitative Finance 2022-12-13 Christian Kurniawan , Xiyu Deng , Adhiraj Chakraborty , Assane Gueye , Niangjun Chen , Yorie Nakahira

Decentralized Finance (DeFi), a blockchain powered peer-to-peer financial system, is mushrooming. Two years ago the total value locked in DeFi systems was approximately 700m USD, now, as of April 2022, it stands at around 150bn USD. The…

Cryptography and Security · Computer Science 2022-09-16 Sam M. Werner , Daniel Perez , Lewis Gudgeon , Ariah Klages-Mundt , Dominik Harz , William J. Knottenbelt

This empirical study presents the Decentralized Exchanges Comparison Service (DECS), a novel tool developed by 1inch Analytics to assess exchange efficiency in decentralized finance. The DECS utilizes swap transaction monitoring and…

Trading and Market Microstructure · Quantitative Finance 2024-11-05 Evgenii Onishchuk , Maksim Dubovitskii , Eduard Horch

Decentralised exchanges (DEXs) have transformed trading by enabling trustless, permissionless transactions, yet they face significant challenges such as impermanent loss and slippage, which undermine profitability for liquidity providers…

Trading and Market Microstructure · Quantitative Finance 2025-04-10 Oliver Tronn Scott-Simons , Chris Colman , FrostByte

As cloud computing and microservice architectures become increasingly prevalent, API rate limiting has emerged as a critical mechanism for ensuring system stability and service quality. Traditional rate limiting algorithms, such as token…

Machine Learning · Computer Science 2025-11-06 Ning Lyu , Yuxi Wang , Ziyu Cheng , Qingyuan Zhang , Feng Chen

There have been various attempts at token standards on numerous blockchain platforms today to fundamentally change the way assets are traded in the traditional capital markets, but there is a lack of research and resolution on regulatory…

Computers and Society · Computer Science 2026-04-01 Jinwook Kim , Jonghun Hong

Deep learning models are widely used in decision-making and recommendation systems, where they typically rely on the assumption of a static data distribution between training and deployment. However, real-world deployment environments often…

Machine Learning · Computer Science 2025-11-04 Bo-Yi Liu , Zhi-Xuan Liu , Kuan Lun Chen , Shih-Yu Tsai , Jie Gao , Hao-Tsung Yang

Blockchain technology and decentralized finance (DeFi) are reshaping global financial systems. Despite their impact, the spatial distribution of public sentiment and its economic and geopolitical determinants are often overlooked. This…

General Economics · Economics 2025-02-04 Yuqi Chen , Yifan Li , Kyrie Zhixuan Zhou , Xiaokang Fu , Lingbo Liu , Shuming Bao , Daniel Sui , Luyao Zhang

Federated learning enables learning from decentralized data sources without compromising privacy, which makes it a crucial technique. However, it is vulnerable to model poisoning attacks, where malicious clients interfere with the training…

Cryptography and Security · Computer Science 2023-07-19 Sungwon Park , Sungwon Han , Fangzhao Wu , Sundong Kim , Bin Zhu , Xing Xie , Meeyoung Cha

Federated learning (FL) is a promising paradigm that enables collaboratively learning a shared model across massive clients while keeping the training data locally. However, for many existing FL systems, clients need to frequently exchange…

Networking and Internet Architecture · Computer Science 2023-01-18 Qiong Wu , Xu Chen , Tao Ouyang , Zhi Zhou , Xiaoxi Zhang , Shusen Yang , Junshan Zhang

Decentralised automated market makers (AMMs) have gained significant attention recently. We propose an adaptive and automated Dynamic Function Market Maker (DFMM) that addresses challenges in this space. Our DFMM protocol includes a data…

General Finance · Quantitative Finance 2023-07-26 Arman Abgaryan , Utkarsh Sharma

Compound Finance is a decentralized lending protocol that enables the secure and efficient borrowing and lending of cryptocurrencies, utilizing smart contracts and dynamic interest rates based on supply and demand to facilitate…

Risk Management · Quantitative Finance 2024-10-08 Rik Ghosh , Samrat Gupta , Arka Datta , Abhimanyu Nag , Sudipan Sinha

Automated Market Makers (AMMs) have cemented themselves as an integral part of the decentralized finance (DeFi) space. AMMs are a type of exchange that allows users to trade assets without the need for a centralized exchange. They form the…

Machine Learning · Computer Science 2022-11-29 Dev Churiwala , Bhaskar Krishnamachari

Decentralized learning has emerged as an alternative method to the popular parameter-server framework which suffers from high communication burden, single-point failure and scalability issues due to the need of a central server. However,…

Machine Learning · Computer Science 2023-12-19 Guojun Xiong , Gang Yan , Shiqiang Wang , Jian Li

Decentralized federated learning (DFL) has attracted significant attention due to its scalability and independence from a central server. In practice, some participating clients can be mobile, yet the impact of user mobility on DFL…

Machine Learning · Computer Science 2025-05-27 Md Farhamdur Reza , Reza Jahani , Richeng Jin , Huaiyu Dai

In many resource allocation problems, a centralized controller needs to award some resource to a user selected from a collection of distributed users with the goal of maximizing the utility the user would receive from the resource. This can…

Information Theory · Computer Science 2016-04-20 Bradford D. Boyle , Jie Ren , John MacLaren Walsh , Steven Weber

Federated learning is a distributed machine learning paradigm through centralized model aggregation. However, standard federated learning relies on a centralized server, making it vulnerable to server failures. While existing solutions…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-10-03 Hongliang Zhang , Fenghua Xu , Zhongyuan Yu , Shanchen Pang , Chunqiang Hu , Jiguo Yu

In recent days, the proliferation of several existing and new cyber-attacks pose an axiomatic threat to the stability of financial services. It is hard to predict the nature of attacks that can trigger a serious financial crisis. The…

Cryptography and Security · Computer Science 2023-03-24 Pushpita Chatterjee , Debashis Das , Danda B Rawat