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Related papers: Detecting Rug Pulls in Decentralized Exchanges: Ma…

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Total value locked (TVL) is widely used to measure the size and popularity of decentralized finance (DeFi). However, TVL can be easily manipulated and inflated through "double counting" activities such as wrapping and leveraging. As…

General Finance · Quantitative Finance 2025-07-08 Yichen Luo , Yebo Feng , Jiahua Xu , Paolo Tasca

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 \$77 billion. However, detection methods for malicious…

Cryptography and Security · Computer Science 2024-05-21 Wenkai Li , Xiaoqi Li , Yuqing Zhang , Zongwei Li

Applications of blockchain technologies got a lot of attention in recent years. They exceed beyond exchanging value and being a substitute for fiat money and traditional banking system. Nevertheless, being able to exchange value on a…

Cryptography and Security · Computer Science 2019-08-22 Michal Ostapowicz , Kamil Żbikowski

We explored the ubiquitous phenomenon of serial scammers, each of whom deployed dozens to thousands of addresses to conduct a series of similar Rug Pulls on popular decentralized exchanges. We first constructed two datasets of around…

Cryptography and Security · Computer Science 2025-02-11 Phuong Duy Huynh , Son Hoang Dau , Nicholas Huppert , Joshua Cervenjak , Hoonie Sun , Hong Yen Tran , Xiaodong Li , Emanuele Viterbo

Integrating sharded blockchain with IoT presents a solution for trust issues and optimized data flow. Sharding boosts blockchain scalability by dividing its nodes into parallel shards, yet it's vulnerable to the $1\%$ attacks where…

Cryptography and Security · Computer Science 2024-01-02 Zixu Zhang , Guangsheng Yu , Caijun Sun , Xu Wang , Ying Wang , Ming Zhang , Wei Ni , Ren Ping Liu , Andrew Reeves , Nektarios Georgalas

In this work, we perform a longitudinal analysis of the BNB Smart Chain and Ethereum blockchain from their inception to March 2022. We study the ecosystem of the tokens and liquidity pools, highlighting analogies and differences between the…

Computers and Society · Computer Science 2024-09-04 Federico Cernera , Massimo La Morgia , Alessandro Mei , Francesco Sassi

Decentralized exchanges (DEXs) are a cornerstone of decentralized finance (DeFi), allowing users to trade cryptocurrencies without the need for third-party authorization. Investors are incentivized to deposit assets into liquidity pools,…

Artificial Intelligence · Computer Science 2023-09-20 Haochen Zhang , Xi Chen , Lin F. Yang

Decentralised Finance (DeFi) applications constitute an entire financial ecosystem deployed on blockchains. Such applications are based on complex protocols and incentive mechanisms whose financial safety is hard to determine. Besides,…

Software Engineering · Computer Science 2022-09-19 Massimo Bartoletti , James Chiang , Tommi Junttila , Alberto Lluch Lafuente , Massimiliano Mirelli , Andrea Vandin

Decentralized finance (DeFi) applications depend on accurate price oracles to ensure secure transactions, yet these oracles are highly vulnerable to manipulation, enabling attackers to exploit smart contract vulnerabilities for unfair asset…

Cryptography and Security · Computer Science 2025-02-12 Bo Gao , Yuan Wang , Qingsong Wei , Yong Liu , Rick Siow Mong Goh , David Lo

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

The Open Network (TON) blockchain employs an asynchronous execution model that introduces unique security challenges for smart contracts. A primary concern is race conditions arising from unpredictable message processing order. While…

The rapid advancement of large language models (LLMs) demands increasingly reliable evaluation, yet current centralized evaluation suffers from opacity, overfitting, and hardware-induced variance. Our empirical analysis reveals an alarming…

Artificial Intelligence · Computer Science 2026-02-10 Yifan Yang , Jinjia Li , Kunxi Li , Puhao Zheng , Yuanyi Wang , Zheyan Qu , Yang Yu , Jianmin Wu , Ming Li , Hongxia Yang

Tokenized U.S. Treasuries have emerged as a prominent subclass of real-world assets (RWAs), offering cryptographically secured, yield-bearing instruments issued across multi-chain Web3 infrastructures, with growing significance for…

Computational Finance · Quantitative Finance 2026-04-21 Junliang Luo , Katrin Tinn , Samuel Ferreira Duran , Di Wu , Xue Liu

With the evolution of blockchain technology, the issue of transaction security, particularly on platforms like Ethereum, has become increasingly critical. Front-running attacks, a unique form of security threat, pose significant challenges…

Cryptography and Security · Computer Science 2023-11-27 Yuheng Zhang , Pin Liu , Guojun Wang , Peiqiang Li , Wanyi Gu , Houji Chen , Xuelei Liu , Jinyao Zhu

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

Blockchain-based decentralised lending is a rapidly growing and evolving alternative to traditional lending, but it poses new risks. To mitigate these risks, lending protocols have integrated automated risk management tools into their smart…

Risk Management · Quantitative Finance 2025-10-02 Erum Iftikhar , Wei Wei , John Cartlidge

Blockchain offers a decentralized, immutable, transparent system of records. It offers a peer-to-peer network of nodes with no centralised governing entity making it unhackable and therefore, more secure than the traditional paper-based or…

Cryptography and Security · Computer Science 2019-11-27 Harsh Jot Singh , Abdelhakim Senhaji Hafid

Decentralized exchanges (DEXs) form a cornerstone of the decentralized finance (DeFi) ecosystem, processing token trades worth billions of dollars daily. Yet, a significant fraction of these trades are suboptimal: alternative routing paths…

Computational Engineering, Finance, and Science · Computer Science 2025-09-26 Yu Zhang , Claudio J. Tessone

The rapid development of blockchain technology has driven the widespread application of decentralized applications (DApps) across various fields. However, DApps cannot directly access external data and rely on oracles to interact with…

Computational Engineering, Finance, and Science · Computer Science 2025-02-25 Hengyang Zhang , Shike Li , Hang Bao , Sixing Wu , Jianbin Li

Cryptoassets such as cryptocurrencies and tokens are increasingly traded on decentralized exchanges. The advantage for users is that the funds are not in custody of a centralized external entity. However, these exchanges are prone to…

Cryptography and Security · Computer Science 2021-02-16 Friedhelm Victor , Andrea Marie Weintraud