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As cross-chain interoperability advances, decentralized finance (DeFi) protocols enable illicit funds to be reorganized into uniform liquid assets that flow throughout the cryptocurrency market. Such operations can bypass monitoring…

Cryptography and Security · Computer Science 2026-04-15 Shuyi Miao , Wangjie Qiu , Shengda Zhuo , Fei Shen , Dan Lin , Xingtong Yu , Chua Tat-Seng , Zhiming Zheng

Smart contracts underpin high-value ecosystems such as decentralized finance (DeFi), yet recurring vulnerabilities continue to cause losses worth billions of dollars. Although numerous security analyzers that detect such flaws exist,…

Cryptography and Security · Computer Science 2026-03-03 Tamer Abdelaziz , Salma Alsaghir , Karim Ali

Smart contract transactions associated with security attacks often exhibit distinct behavioral patterns compared with historical benign transactions before the attacking events. While many runtime monitoring and guarding mechanisms have…

Cryptography and Security · Computer Science 2024-07-16 Zhiyang Chen , Ye Liu , Sidi Mohamed Beillahi , Yi Li , Fan Long

Decentralized Exchanges (DEXs), leveraging blockchain technology and smart contracts, have emerged in decentralized finance. However, the DEX project with multi-contract interaction is accompanied by complex state logic, which makes it…

Software Engineering · Computer Science 2024-05-16 Zongwei Li , Wenkai Li , Xiaoqi Li , Yuqing Zhang

Cross-chain bridges are essential decentralized applications (DApps) to facilitate interoperability between different blockchain networks. Unlike regular DApps, the functionality of cross-chain bridges relies on the collaboration of…

Cryptography and Security · Computer Science 2025-03-04 Jiajing Wu , Kaixin Lin , Dan Lin , Bozhao Zhang , Zhiying Wu , Jianzhong Su

Smart contracts are Turing-complete programs running on the blockchain. They are immutable and cannot be modified, even when bugs are detected. Therefore, ensuring smart contracts are bug-free and well-designed before deploying them to the…

Software Engineering · Computer Science 2021-03-24 Jiachi Chen , Xin Xia , David Lo , John Grundy , Xiapu Luo , Ting Chen

Blockchain platforms and smart contracts are vulnerable to security breaches. Security breaches of smart contracts have led to huge financial losses in terms of cryptocurrencies and tokens. In this paper, we present a systematic survey of…

Cryptography and Security · Computer Science 2022-12-16 S. Vani , M. Doshi , A. Nanavati , A. Kundu

Adversarial smart contracts, mostly on EVM-compatible chains like Ethereum and BSC, are deployed as EVM bytecode to exploit vulnerable smart contracts for financial gain. Detecting such malicious contracts at the time of deployment is an…

Cryptography and Security · Computer Science 2025-11-17 Yating Liu , Xing Su , Hao Wu , Sijin Li , Yuxi Cheng , Fengyuan Xu , Sheng Zhong

Smart Contracts are programs running logic in the Blockchain network by executing operations through immutable transactions. The Blockchain network validates such transactions, storing them into sequential blocks of which integrity is…

Software Engineering · Computer Science 2024-03-13 Francesco Salzano , Simone Scalabrino , Rocco Oliveto , Remo Pareschi

In recent years, Decentralized Finance (DeFi) grows rapidly due to the development of blockchain technology and smart contracts. As of March 2023, the estimated global cryptocurrency market cap has reached approximately $949 billion.…

Software Engineering · Computer Science 2024-03-05 Zewei Lin , Jiachi Chen , Zibin Zheng , Jiajing Wu , Weizhe Zhang , Yongjuan Wang

The rise of Decentralized Finance ("DeFi") on the Ethereum blockchain has enabled the creation of lending platforms, which serve as marketplaces to lend and borrow digital currencies. We first categorize the activity of lending platforms…

Trading and Market Microstructure · Quantitative Finance 2022-06-08 Michael Darlin , Georgios Palaiokrassas , Leandros Tassiulas

With the booming development of blockchain technology, smart contracts have been widely used in finance, supply chain, Internet of things and other fields in recent years. However, the security problems of smart contracts become…

Cryptography and Security · Computer Science 2026-02-03 Huanhuan Zou , Zongwei Li , Xiaoqi Li

Smart contracts are central to a myriad of critical blockchain applications, from financial transactions to supply chain management. However, their adoption is hindered by security vulnerabilities that can result in significant financial…

Cryptography and Security · Computer Science 2025-09-30 Dalila Ressi , Alvise Spanò , Lorenzo Benetollo , Carla Piazza , Michele Bugliesi , Sabina Rossi

We identify the slow liquidity drain (SLID) scam, an insidious and highly profitable threat to decentralized finance (DeFi), posing a large-scale, persistent, and growing risk to the ecosystem. Unlike traditional scams such as rug pulls or…

Cryptography and Security · Computer Science 2025-08-07 Minh Trung Tran , Nasrin Sohrabi , Zahir Tari , Qin Wang , Minhui Xue , Xiaoyu Xia

Turing completeness has made Ethereum smart contracts attractive to blockchain developers and attackers alike. To increase code security, many tools can now spot most known vulnerabilities$-$at the cost of production efficiency. Recent…

Cryptography and Security · Computer Science 2024-10-23 Tommaso Oss , Carlos E. Budde

Decentralized Finance (DeFi) is increasingly studied and adopted for its potential to provide accessible and transparent financial services. Analyzing how investors use DeFi is important for reaching a better understanding of their usage…

Social and Information Networks · Computer Science 2024-08-23 Natkamon Tovanich , Célestin Coquidé , Rémy Cazabet

DEX, or decentralized exchange, is a prominent class of decentralized finance (DeFi) applications on blockchains, attracting a total locked value worth tens of billions of USD today. This paper presents the first large-scale empirical study…

Cryptography and Security · Computer Science 2024-01-23 Jiaqi Chen , Yibo Wang , Yuxuan Zhou , Wanning Ding , Yuzhe Tang , XiaoFeng Wang , Kai Li

Permissionless distributed ledgers provide a promising approach to deal with the Internet of Things (IoT) paradigm. Since IoT devices mostly generate data transactions and micropayments, distributed ledgers that use fees to regulate the…

Cryptography and Security · Computer Science 2021-04-08 Vidal Attias , Luigi Vigneri , Vassil Dimitrov

The rapid growth of decentralized finance (DeFi) has led to the widespread use of automated agents, or bots, within blockchain ecosystems like Ethereum, Binance Smart Chain, and Solana. While these bots enhance market efficiency and…

Cryptography and Security · Computer Science 2025-01-22 Ahmed Mounsf Rafik Bendada , Abdelaziz Amara Korba , Mouhamed Amine Bouchiha , Yacine Ghamri-Doudane

Ethereum smart contracts hold tens of billions of USD in DeFi and NFTs, yet comprehensive security analysis remains difficult due to unverified code, proxy-based architectures, and the reliance on manual inspection of complex execution…

Cryptography and Security · Computer Science 2025-09-04 Shuzheng Wang , Yue Huang , Zhuoer Xu , Yuming Huang , Jing Tang
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