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This paper studies liquid staking tokens (LSTs) on automated market makers (AMMs), both theoretically and empirically. LSTs are tokenized representations of staked assets on proof-of-stake blockchains. First, we model LST-liquidity on AMMs…

Cryptography and Security · Computer Science 2024-07-22 Krzysztof Gogol , Robin Fritsch , Malte Schlosser , Johnnatan Messias , Benjamin Kraner , Claudio Tessone

Cross-chain asset exchange is crucial for blockchain interoperability. Existing solutions rely on trusted third parties and risk asset loss, or use decentralized alternatives like atomic swaps, which suffer from grief attacks. Griefing…

Cryptography and Security · Computer Science 2025-08-07 Kirti Singh , Vinay J. Ribeiro , Susmita Mandal

Designing automated market makers (AMMs) for prediction markets on combinatorial securities over large outcome spaces poses significant computational challenges. Prior research has primarily focused on combinatorial prediction markets…

Computer Science and Game Theory · Computer Science 2024-11-15 Prommy Sultana Hossain , Xintong Wang , Fang-Yi Yu

Autonomous Market Makers (AMMs) rely on arbitrage to facilitate passive price updates. Liquidity fragmentation poses a complex challenge across different blockchain networks. This paper proposes FluxLayer, a solution to mitigate fragmented…

Computational Finance · Quantitative Finance 2025-05-15 Xin Lao , Shiping Chen , Qin Wang

Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-24 Enrique Fynn , Alysson Bessani , Fernando Pedone

This paper formalizes the proves the security of the Bridgeless protocol, a protocol able to bridge tokens between various chains. The Bridgeless protocol is run by a set of validators, responsible for verifying deposit transactions on the…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-25 Orestis Alpos , Oleg Fomenko , Dimitris Karakostas , Oleksandr Kurbatov , Andrey Sabelnikov

Multi-agent distributed consensus optimization problems arise in many signal processing applications. Recently, the alternating direction method of multipliers (ADMM) has been used for solving this family of problems. ADMM based distributed…

Systems and Control · Computer Science 2015-06-18 Tsung-Hui Chang , Mingyi Hong , Xiangfeng Wang

Bitcoin, as well as many of its successors, require the whole transaction record to be reliably acquired by all nodes to prevent double-spending. Recently, many blockchains have been proposed to achieve scale-out throughput by letting nodes…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-18 Zhijie Ren , Kelong Cong , Taico V. Aerts , Bart A. P. de Jonge , Alejandro F. Morais , Zekeriya Erkin

The growing usage of renewable energy resources has introduced significant uncertainties in energy generation, enlarging challenges for Regional Transmission Operators (RTOs) in managing transmission congestion. To mitigate congestion that…

Systems and Control · Electrical Eng. & Systems 2024-10-04 Weihang Ren , Alinson S. Xavier , Fengyu Wang , Yongpei Guan , Feng Qiu

Electronic cash (e-cash) is a digital alternative to physical currency that allows anonymous transactions between users and merchants. Typically, coins in an e-cash scheme are only dispensed through a central bank. A drawback of this…

Cryptography and Security · Computer Science 2026-04-14 Anrin Chakraborti , Qingzhao Zhang , Jingjia Peng , Morley Mao , Michael K. Reiter

Taprootized Atomic Swaps is an extension for Atomic Swaps that enables the untraceability of transactions in a particular swap. Based on Schnorr signatures, Taproot technology, and zero-knowledge proofs, the taprootized atomic swaps hide…

Cryptography and Security · Computer Science 2024-02-27 Oleksandr Kurbatov , Dmytro Zakharov , Anton Levochko , Kyrylo Riabov , Bohdan Skriabin

In decentralized finance ("DeFi"), automated market makers (AMMs) enable traders to programmatically exchange one asset for another. Such trades are enabled by the assets deposited by liquidity providers (LPs). The goal of this paper is to…

Computer Science and Game Theory · Computer Science 2023-11-29 Jason Milionis , Ciamac C. Moallemi , Tim Roughgarden

Decentralized Finance (DeFi) has revolutionized financial markets by enabling complex asset-exchange protocols without trusted intermediaries. Automated Market Makers (AMMs) are a central component of DeFi, providing the core functionality…

Mathematical Finance · Quantitative Finance 2026-02-03 Marco Dessalvi , Massimo Bartoletti , Alberto Lluch-Lafuente

This paper introduces and analyzes \emph{defensive rebalancing}, a novel mechanism for protecting constant-function market makers (CFMMs) from value leakage due to arbitrage. A \emph{rebalancing} transfers assets directly from one CFMM's…

Computer Science and Game Theory · Computer Science 2026-01-29 Sam Devorsetz , Maurice Herlihy

The emergence of new applications brings multi-class traffic with diverse quality of service (QoS) requirements to wide area networks (WANs), motivating research in traffic engineering (TE). In recent years, novel centralized and…

Networking and Internet Architecture · Computer Science 2023-11-21 Hao Wu , Jian Yan , Linling Kuang

We present V0LVER, an AMM protocol which solves an incentivization trilemma between users, passive liquidity providers, and block producers. V0LVER enables users and passive liquidity providers to interact without paying MEV or incurring…

Computer Science and Game Theory · Computer Science 2023-02-16 Conor McMenamin , Vanesa Daza

In this paper, we present a protocol for facilitating trust-less cross-chain cryptocurrency transfers that preserve privacy of bridge withdrawals. We leverage zero-knowledge primitives that are commonly used to design cryptocurrency mixing…

Cryptography and Security · Computer Science 2021-02-10 Drew Stone

Automated market makers (AMMs) are a new type of trading venues which are revolutionising the way market participants interact. At present, the majority of AMMs are constant function market makers (CFMMs) where a deterministic trading…

Trading and Market Microstructure · Quantitative Finance 2024-07-25 Marcello Monga

Sharding is a way to address scalability problem in blockchain technologies. Ethereum, a prominent blockchain technology, has included sharding in its roadmap to increase its throughput. The plan is also to include multiple execution…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-05-19 Raghavendra Ramesh

As blockchain technology gains traction for enhancing data security and operational efficiency, traditional centralized authentication systems remain a significant bottleneck. This paper addresses the challenge of integrating decentralized…

Cryptography and Security · Computer Science 2024-12-03 Faisal Haque Bappy , Joon S. Park , Kamrul Hasan , Tariqul Islam
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