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Layer 2 rollups are rapidly absorbing DeFi activity, securing over $40 billion and accounting for nearly half of Ethereum's DEX volume by Q1 2025, yet their MEV dynamics remain understudied. We address this gap by defining and quantifying…

Computational Engineering, Finance, and Science · Computer Science 2025-08-07 Ozan Solmaz , Lioba Heimbach , Yann Vonlanthen , Roger Wattenhofer

Block space on the blockchain is scarce and must be allocated efficiently through block building. However, Ethereum's current block-building ecosystem, MEV-Boost, has become highly centralized due to integration, which distorts competition,…

Cryptography and Security · Computer Science 2026-02-05 Mengqian Zhang , Sen Yang , Kartik Nayak , Fan Zhang

Many cryptocurrency platforms are vulnerable to Maximal Extractable Value (MEV) attacks, where a malicious consensus leader can inject transactions or change the order of user transactions to maximize its profit. A promising line of…

Cryptography and Security · Computer Science 2022-12-26 Dahlia Malkhi , Pawel Szalachowski

The Ethereum blockchain is essentially a globally replicated public database. Programs called smart contracts can access this database. Over 10 million smart contracts have been deployed on the Ethereum blockchain. Executing a method of a…

Software Engineering · Computer Science 2019-07-23 Pieter Hartel , Mark van Staalduinen

As one of the representative blockchain platforms, Ethereum has attracted lots of attacks. Due to the existed financial loss, there is a pressing need to perform timely investigation and detect more attack instances. Though multiple systems…

Cryptography and Security · Computer Science 2020-10-26 Lei Wu , Siwei Wu , Yajin Zhou , Runhuai Li , Zhi Wang , Xiapu Luo , Cong Wang , Kui Ren

The use of blockchain and smart contracts have not stopped growing in recent years. Like all software that begins to expand its use, it is also beginning to be targeted by hackers who will try to exploit vulnerabilities in both the…

Cryptography and Security · Computer Science 2024-02-07 Antonio López Vivar , Ana Lucila Sandoval Orozco , Luis Javier García Villalba

Ethereum is a permissionless blockchain ecosystem that supports execution of smart contracts, the key enablers of decentralized finance (DeFi) and non-fungible tokens (NFT). However, the expressiveness of Ethereum smart contracts is a…

Cryptography and Security · Computer Science 2023-01-24 Nikolay Ivanov , Qiben Yan , Anurag Kompalli

The inherent determinism of blockchain technology poses a significant challenge to generating secure random numbers within smart contracts, leading to exploitable vulnerabilities, particularly in decentralized finance (DeFi) ecosystems and…

Cryptography and Security · Computer Science 2025-10-22 Hadis Rezaei , Ahmed Afif Monrat , Karl Andersson , Francesco Flammini

Smart contracts hold digital coins worth billions of dollars, their security issues have drawn extensive attention in the past years. Towards smart contract vulnerability detection, conventional methods heavily rely on fixed expert rules,…

Machine Learning · Computer Science 2021-06-18 Zhenguang Liu , Peng Qian , Xiang Wang , Lei Zhu , Qinming He , Shouling Ji

This study analyzes proposer-builder data and MEV-Boost payment data following the Ethereum merge in September 2022 to identify patterns of multi-block MEV. Our findings reveal fewer multi-slot sequences of builders than predicted by a…

Computer Science and Game Theory · Computer Science 2025-01-23 Pascal Stichler

Due to the risks associated with vulnerabilities in smart contracts, their security has gained significant attention in recent years. However, there is a lack of open datasets on smart contract vulnerabilities and their fixes that allows…

Cryptography and Security · Computer Science 2022-12-22 Majd Soud , Ilham Qasse , Grischa Liebel , Mohammad Hamdaqa

With the escalating prevalence of malicious activities exploiting vulnerabilities in blockchain systems, there is an urgent requirement for robust attack detection mechanisms. To address this challenge, this paper presents a novel…

Blockchains protect an ecosystem worth more than $500bn with strong security properties derived from the principle of decentralization. Is today's blockchain decentralized? In this paper, we empirically studied one of the least…

Cryptography and Security · Computer Science 2025-05-01 Sen Yang , Kartik Nayak , Fan Zhang

Smart contracts extended blockchain functionality beyond simple transactions, powering complex applications like decentralized finance (DeFi). However, this complexity introduces serious security challenges, including price manipulation and…

Cryptography and Security · Computer Science 2026-04-21 Bowen Cai , Weiheng Bai , Hangyun Tang , Youshui Lu , Kangjie Lu

The rise of decentralized applications (dApps) has made smart contracts imperative components of blockchain technology. As many smart contracts process financial transactions, their security is paramount. Moreover, the immutability of…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-07-24 Khalid Hassan , Saeed Moradi , Shaiful Chowdhury , Sara Rouhani

Traditional single-proposer blockchains suffer from miner extractable value (MEV), where validators exploit their serial monopoly on transaction inclusion and ordering to extract rents from users. While there have been many developments at…

Cryptography and Security · Computer Science 2025-09-30 Pranav Garimidi , Joachim Neu , Max Resnick

Due to the immutable and decentralized nature of Ethereum (ETH) platform, smart contracts are prone to security risks that can result in financial loss. While existing machine learning-based vulnerability detection algorithms achieve high…

Cryptography and Security · Computer Science 2023-07-18 Christoph Sendner , Ruisi Zhang , Alexander Hefter , Alexandra Dmitrienko , Farinaz Koushanfar

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

Ethereum is a distributed blockchain that can execute smart contracts, which inter-communicate and perform transactions automatically. The execution of smart contracts is paid in the form of gas, which is a monetary unit used in the…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-10-25 Kirk Baird , Seongho Jeong , Yeonsoo Kim , Bernd Burgstaller , Bernhard Scholz

Recently, blockchain has gained momentum in the academic community thanks to its decentralization, immutability, transparency and security. As an emerging paradigm, Multi-access Edge Computing (MEC) has been widely used to provide…

Networking and Internet Architecture · Computer Science 2020-01-23 Dinh C Nguyen , Pubudu N Pathirana , Ming Ding , Aruna Seneviratne
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