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Since the inception of permissionless blockchains with Bitcoin in 2008, it became apparent that their most well-suited use case is related to making the financial system and its advantages available to everyone seamlessly without depending…

General Finance · Quantitative Finance 2023-06-16 Georgios Palaiokrassas , Sandro Scherrers , Iason Ofeidis , Leandros Tassiulas

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

Existing jailbreak defense paradigms primarily rely on static detection of prompts, outputs, or internal states, often neglecting the dynamic evolution of risk during decoding. This oversight leaves risk signals embedded in decoding…

Cryptography and Security · Computer Science 2026-04-10 Cheng Liu , Xiaolei Liu , Xingyu Li , Bangzhou Xin , Kangyi Ding

DeFi, or Decentralized Finance, is based on a distributed ledger called blockchain technology. Using blockchain, DeFi may customize the execution of predetermined operations between parties. The DeFi system use blockchain technology to…

Cryptography and Security · Computer Science 2023-04-27 Wenkai Li , Jiuyang Bu , Xiaoqi Li , Hongli Peng , Yuanzheng Niu , Yuqing Zhang

Smart contract is the building block of blockchain systems that enables automated peer-to-peer transactions and decentralized services. With the increasing popularity of smart contracts, blockchain systems, in particular Ethereum, have been…

Cryptography and Security · Computer Science 2021-05-24 Huiwen Hu , Yuedong Xu

Recently, the birth of non-fungible tokens (NFTs) has attracted great attention. NFTs are capable of representing users' ownership on the blockchain and have experienced tremendous market sales due to their popularity. Unfortunately, the…

Software Engineering · Computer Science 2023-08-07 Shuo Yang , Jiachi Chen , Zibin Zheng

Smart contracts in Decentralized Finance (DeFi) platforms are attractive targets for attacks as their vulnerabilities can lead to massive amounts of financial losses. Flash loan attacks, in particular, pose a major threat to DeFi protocols…

Cryptography and Security · Computer Science 2025-03-05 Abdulrahman Alhaidari , Balaji Palanisamy , Prashant Krishnamurthy

We explore the adoption of graph representation learning (GRL) algorithms to investigate similarities across services offered by Decentralized Finance (DeFi) protocols. Following existing literature, we use Ethereum transaction data to…

Statistical Finance · Quantitative Finance 2024-04-25 Junliang Luo , Stefan Kitzler , Pietro Saggese

Smart contracts written in Solidity are widely used in different blockchain platforms such as Ethereum, TRON and BNB Chain. One of the unique designs in Solidity smart contracts is its state-reverting mechanism for error handling and access…

Software Engineering · Computer Science 2024-06-25 Zeqin Liao , Sicheng Hao , Yuhong Nan , Zibin Zheng

In recent years, smart contracts have suffered major exploits, costing millions of dollars. Unlike traditional programs, smart contracts are deployed on a blockchain. As such, they cannot be modified once deployed. Though various tools have…

Cryptography and Security · Computer Science 2020-03-16 Christof Ferreira Torres , Mathis Baden , Robert Norvill , Beltran Borja Fiz Pontiveros , Hugo Jonker , Sjouke Mauw

Smart contracts enable contract terms to be automatically executed and verified on the blockchain, and recent years have witnessed numerous applications of them in areas such as financial institutions and supply chains. The execution logic…

Software Engineering · Computer Science 2025-12-16 Lantian Li , Yuyu Chen , Jingwen Wu , Yue Pan , Zhongxing Yu

The rapid growth of Decentralized Finance (DeFi) boosts the Ethereum ecosystem. At the same time, attacks towards DeFi applications (apps) are increasing. However, to the best of our knowledge, existing smart contract vulnerability…

Cryptography and Security · Computer Science 2021-05-03 Siwei Wu , Dabao Wang , Jianting He , Yajin Zhou , Lei Wu , Xingliang Yuan , Qinming He , Kui Ren

Smart contracts are essential to decentralized finance (DeFi) and blockchain ecosystems but are increasingly vulnerable to exploits due to coding errors and complex attack vectors. Traditional static analysis tools and existing…

Cryptography and Security · Computer Science 2025-02-20 Jun Kevin , Pujianto Yugopuspito

Smart contracts power decentralized financial (DeFi) services but are vulnerable to security exploits that can lead to significant financial losses. Existing security measures often fail to adequately protect these contracts due to the…

Cryptography and Security · Computer Science 2026-04-22 Zhiyang Chen , Sidi Mohamed Beillahi , Pasha Barahimi , Cyrus Minwalla , Han Du , Andreas Veneris , Fan Long

Decentralized Finance (DeFi) is a prominent application of smart contracts, representing a novel financial paradigm in contrast to centralized finance. While DeFi applications are rapidly emerging on mainstream blockchain platforms, their…

Software Engineering · Computer Science 2024-01-12 Wei Ma , Chenguang Zhu , Ye Liu , Xiaofei Xie , Yi Li

Decentralized finance (DeFi) protocols are crypto projects developed on the blockchain to manage digital assets. Attacks on DeFi have been frequent and have resulted in losses exceeding $80 billion. Current tools detect and locate possible…

Cryptography and Security · Computer Science 2025-11-04 Xiaoqi Li , Wenkai Li , Zhiquan Liu , Yuqing Zhang , Yingjie Mao

Smart contracts govern billions of dollars in decentralized finance (DeFi), yet automated vulnerability detection remains challenging because many vulnerabilities are tightly coupled with project-specific business logic. We observe that…

Cryptography and Security · Computer Science 2026-03-30 Ziqiao Kong , Wanxu Xia , Chong Wang , Yi Lu , Pan Li , Shaohua Li , Zong Cao , Yang Liu

Smart contracts, integral to blockchain ecosystems, enable decentralized applications to execute predefined operations without intermediaries. Their ability to enforce trustless interactions has made them a core component of platforms such…

Cryptography and Security · Computer Science 2025-06-10 Mesut Ozdag

An important problem in smart contract security is understanding the likelihood and criticality of discovered, or potential, weaknesses in contracts. In this paper we provide a summary of Ethereum smart contract audits performed for 23…

Software Engineering · Computer Science 2020-01-13 Alex Groce , Josselin Feist , Gustavo Grieco , Michael Colburn

Reliable detection of deceptive behavior in Large Language Model (LLM) agents is an essential prerequisite for safe deployment in high-stakes agentic contexts. Prior work on scheming detection has focused exclusively on black-box monitors…

Computation and Language · Computer Science 2026-03-17 Snehasis Mukhopadhyay