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As decentralized finance (DeFi) evolves, distinguishing between user behaviors - liquidity provision versus active trading - has become vital for risk modeling and on-chain reputation. We propose a behavioral scoring framework for Uniswap…

General Finance · Quantitative Finance 2025-07-29 Dhanashekar Kandaswamy , Ashutosh Sahoo , Akshay SP , Gurukiran S , Parag Paul , Girish G N

Decentralized finance introduces new business models and use cases as part of digital finance. Restaking has recently emerged as a transformative mechanism in DeFi, promising extra yields but introducing complex and interconnected risks.…

General Finance · Quantitative Finance 2026-04-17 Hasret Ozan Sevim , Christof Ferreira Torres

We introduce the Clockwork Finance Framework (CFF), a general purpose, formal verification framework for mechanized reasoning about the economic security properties of composed decentralized-finance (DeFi) smart contracts. CFF features…

Cryptography and Security · Computer Science 2023-05-22 Kushal Babel , Philip Daian , Mahimna Kelkar , Ari Juels

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

While previously a nascent theoretical construct, decentralized autonomous organizations have grown rapidly in recent years. DAOs typically emerge around the management of decentralized financial applications and thus benefit from the rapid…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-08 Henrik Axelsen , Johannes Rude Jensen , Omri Ross

Blockchain technology relies on decentralization to resist faults and attacks while operating without trusted intermediaries. Although industry experts have touted decentralization as central to their promise and disruptive potential, it is…

Cryptography and Security · Computer Science 2025-06-04 Harang Ju , Ehsan Valavi , Madhav Kumar , Sinan Aral

Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and democratizing systems. Yet, a unified definition for decentralization remains elusive. Our Systematization of Knowledge (SoK) seeks to bridge this…

General Economics · Economics 2023-08-21 Luyao Zhang , Xinshi Ma , Yulin Liu

Decentralized data sources are prevalent in real-world applications, posing a formidable challenge for causal inference. These sources cannot be consolidated into a single entity owing to privacy constraints. The presence of dissimilar data…

Machine Learning · Computer Science 2024-05-31 Thanh Vinh Vo , Young lee , Tze-Yun Leong

In Decentralized Finance (DeFi), automated market makers typically implement liquidity provisioning protocols. These protocols allow third-party liquidity providers (LPs) to provide assets to facilitate trade in exchange for fees. This…

Computer Science and Game Theory · Computer Science 2025-07-29 Adithya Bhaskara , Rafael Frongillo , Maneesha Papireddygari

Financial institutions face increasing cyber risk while operating under strict regulatory oversight. To manage this risk, they rely heavily on Cyber Threat Intelligence (CTI) to inform detection, response, and strategic security decisions.…

Cryptography and Security · Computer Science 2026-03-25 Emir Karaosman , Advije Rizvani , Irdin Pekaric

Decentralized Finance (DeFi) has reshaped the possibilities of reserve banking in the form of the Collateralized Debt Position (CDP). Key to the safety of CDPs is the money supply architecture that enables issued debt to maintain its value.…

Risk Management · Quantitative Finance 2024-07-19 Yuval Boneh

Automated Market Makers (AMMs), as a core infrastructure of decentralized finance (DeFi), uniquely drive on-chain asset pricing through a deterministic reserve ratio mechanism. Unlike traditional markets, AMM price dynamics is triggered…

Machine Learning · Computer Science 2026-04-23 Huaiyu Jia , Jiehshun You , Yizhi Luo , Jingyu Liu , Shuo Sun

Decentralized Finance (DeFi), in which digital assets are exchanged without trusted intermediaries, has grown rapidly in value in recent years. The global DeFi ecosystem is fragmented into multiple blockchains, fueling the demand for…

Cryptography and Security · Computer Science 2024-10-16 Daniël Reijsbergen , Bretislav Hajek , Tien Tuan Anh Dinh , Jussi Keppo , Henry F. Korth , Anwitaman Datta

Despite the tremendous advances achieved over the past years by deep learning techniques, the latest risk prediction models for industrial applications still rely on highly handtuned stage-wised statistical learning tools, such as gradient…

Machine Learning · Computer Science 2023-08-08 Yancheng Liang , Jiajie Zhang , Hui Li , Xiaochen Liu , Yi Hu , Yong Wu , Jinyao Zhang , Yongyan Liu , Yi Wu

Asset custody is a core financial service in which the custodian holds in-safekeeping assets on behalf of the client. Although traditional custody service is typically endorsed by centralized authorities, decentralized custody scheme has…

Cryptography and Security · Computer Science 2021-07-14 Zhaohua Chen , Guang Yang

Financial institutions of all sizes are increasingly adopting Large Language Models (LLMs) to enhance credit assessments, deliver personalized client advisory services, and automate various language-intensive processes. However, effectively…

Computational Engineering, Finance, and Science · Computer Science 2025-04-04 Ahmadreza Tavasoli , Maedeh Sharbaf , Seyed Mohamad Madani

Frontier models are currently developed and distributed primarily through two channels: centralized proprietary APIs or open-sourcing of pre-trained weights. We identify a third paradigm - Protocol Learning - where models are trained across…

Machine Learning · Computer Science 2024-12-12 Alexander Long

We introduce a decentralised, algorithmic framework for permissionless, multi-strategy capital allocation via tokenised, automated vaults. The system is designed to function analogously to a multi-strategy asset management company, but…

General Finance · Quantitative Finance 2025-09-25 Arman Abgaryan , Utkarsh Sharma , Joshua Tobkin

Rapid advances in Artificial Intelligence Generated Content (AIGC) have enabled increasingly sophisticated face forgeries, posing a significant threat to social security. However, current Deepfake detection methods are limited by…

Computer Vision and Pattern Recognition · Computer Science 2025-09-09 Changtao Miao , Yi Zhang , Man Luo , Weiwei Feng , Kaiyuan Zheng , Qi Chu , Tao Gong , Jianshu Li , Yunfeng Diao , Wei Zhou , Joey Tianyi Zhou , Xiaoshuai Hao

As data is an essential asset for any DeFi application, selecting an oracle is a critical decision for its success. To date, academic research has mainly focused on improving oracle technology and internal economics, while the drivers of…

Cryptography and Security · Computer Science 2026-03-26 Giulio Caldarelli
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