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Trading on decentralized exchanges has been one of the primary use cases for permissionless blockchains with daily trading volume exceeding billions of U.S.~dollars. In the status quo, users broadcast transactions and miners are responsible…

Computer Science and Game Theory · Computer Science 2023-10-31 Matheus V. X. Ferreira , David C. Parkes

Yield farming represents an immensely popular asset management activity in decentralized finance (DeFi). It involves supplying, borrowing, or staking crypto assets to earn an income in forms of transaction fees, interest, or participation…

Portfolio Management · Quantitative Finance 2022-12-16 Jiahua Xu , Yebo Feng

We introduce the State Twin: a typed, in-memory, replayable replica of an on-chain automated market maker (AMM) pool that serves as a substrate for agentic reasoning over decentralized finance (DeFi) protocols. Agentic DeFi stacks today…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-05-13 Ian C. Moore

Technological advancement drives financial innovation, reshaping the traditional finance landscape and redefining user-market interactions. The rise of blockchain and Decentralized Finance (DeFi) underscores this intertwined evolution of…

Computational Finance · Quantitative Finance 2024-11-27 Xihan Xiong , Zhipeng Wang , Tianxiang Cui , William Knottenbelt , Michael Huth

Incentive mechanisms are central to the functionality of permissionless blockchains: they incentivize participants to run and secure the underlying consensus protocol. Designing incentive-compatible incentive mechanisms is notoriously…

Cryptography and Security · Computer Science 2020-08-06 Charlie Hou , Mingxun Zhou , Yan Ji , Phil Daian , Florian Tramer , Giulia Fanti , Ari Juels

We argue that trustworthy AI agents, especially in high-stakes and policy-governed domains, should make execution conditional on certified traces rather than rely only on stronger generative models, output-level guardrails, or post-hoc…

Computational Engineering, Finance, and Science · Computer Science 2026-05-26 Xiao-Yang Liu Yanglet , Xiaodong Wang , Agostino Capponi

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

Cross-chain bridges are a type of middleware for blockchain interoperability that supports the transfer of assets and data across blockchains. However, several of these bridges have vulnerabilities that have caused 3.2 billion dollars in…

Cryptography and Security · Computer Science 2025-09-09 André Augusto , Rafael Belchior , Jonas Pfannschmidt , André Vasconcelos , Miguel Correia

Blockchain is a growing decentralized system built for transparency and immutability. There have been several major attacks on blockchain-based systems, leaving a gap in the trustability of this system. This article presents a comprehensive…

Cryptography and Security · Computer Science 2024-09-17 Joydip Das , Syed Ashraf Al Tasin , Md. Forhad Rabbi , Md Sadek Ferdous

Cryptocurrency trading increasingly depends on timely integration of heterogeneous web information and market microstructure signals to support short-horizon decision making under extreme volatility. However, existing trading systems…

Computer Vision and Pattern Recognition · Computer Science 2026-01-09 Ali Kurban , Wei Luo , Liangyu Zuo , Zeyu Zhang , Renda Han , Zhaolu Kang , Hao Tang

Bitcoin's limited programmability and transaction throughput have historically prevented native Bitcoin from participating in decentralized finance (DeFi) applications. Existing solutions depend on honest-majority thresholds, or centralized…

Cryptography and Security · Computer Science 2026-03-30 Cian Lalor , Matthew Marshall , Antonio Russo

Decentralized Finance (DeFi) is built on a fundamentally different paradigm: rather than having to trust individuals and institutions, participants in DeFi potentially only have to trust computer code that is enforced by a decentralized…

General Economics · Economics 2022-07-14 Kanis Saengchote , Talis Putniņš , Krislert Samphantharak

Decentralized Finance (DeFi) platforms are often governed by Decentralized Autonomous Organizations (DAOs) which are implemented via governance protocols. Governance tokens are distributed to users of the platform, granting them voting…

Cryptography and Security · Computer Science 2023-08-09 Maya Dotan , Aviv Yaish , Hsin-Chu Yin , Eytan Tsytkin , Aviv Zohar

The financial sector's adoption of technology-driven data analysis has enhanced operational efficiency and revenue generation by leveraging personal sensitive data. However, the inherent characteristics of blockchain hinder decentralized…

Cryptography and Security · Computer Science 2023-11-13 Zhuangtong Huang , Jiawei Zhu , Zhongyu Huang , Yixin Xu , Jerome Yen , Ye Wang

Over the past decade, the Bitcoin P2P network protocol has become a reference model for all modern cryptocurrencies. While nodes in this network are known, the connections among them are kept hidden, as it is commonly believed that this…

Cryptography and Security · Computer Science 2021-07-28 Federico Franzoni , Xavier Salleras , Vanesa Daza

Intent-based cross-chain bridges have emerged as an alternative to traditional interoperability protocols by allowing off-chain entities (\emph{solvers}) to immediately fulfill users' orders by fronting their own liquidity. While improving…

Cryptography and Security · Computer Science 2026-02-23 André Augusto , Christof Ferreira Torres , André Vasconcelos , Miguel Correia

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

Decentralized Finance (DeFi) is a new paradigm in the creation, distribution, and utilization of financial services via the integration of blockchain technology. Our research conducts a comprehensive introduction and meticulous…

Cryptography and Security · Computer Science 2023-12-04 Erya Jiang , Bo Qin , Qin Wang , Zhipeng Wang , Qianhong Wu , Jian Weng , Xinyu Li , Chenyang Wang , Yuhang Ding , Yanran Zhang

Agentic AI failures need post-hoc reconstruction: what the agent did, on whose authority, against which policy, and from what reasoning. Cross-regime feasibility remains unmeasured under one property-level schema. We apply the Decision…

Software Engineering · Computer Science 2026-05-13 Oleg Solozobov

Current resource allocation paradigms, particularly in academic evaluation, are constrained by inherent limitations such as the Matthew Effect, reward hacking driven by Goodhart's Law, and the trade-off between efficiency and fairness. To…

Computers and Society · Computer Science 2026-01-21 Xing Yang
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