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We carry the deadline-resolved Information Leakage Score (ILS-dl) framework of Nechepurenko (2026a, 2026b) from a single-case proof of concept to a population-scale evaluation across 12,708 Polymarket markets, October 2020 to April 2026. We…

交易与市场微观结构 · 定量金融 2026-05-04 Maksym Nechepurenko

ForesightFlow is an Information Leakage Score (ILS) framework for detecting informed trading on decentralized prediction markets. For an event-resolved binary market, the score quantifies the fraction of the terminal information move priced…

交易与市场微观结构 · 定量金融 2026-05-15 Maksym Nechepurenko

The growing reliance on prediction markets as epistemic infrastructures has positioned platforms like Polymarket as providers of objective, real-time probabilistic truth, yet the signals they produce often obscure uncertainty, strategic…

计算机与社会 · 计算机科学 2026-02-06 Yasaman Rohanifar , Syed Ishtiaque Ahmed , Sharifa Sultana

Prediction markets are markets for trading claims on future events, such as presidential elections, and their prices provide continuously updated signals of collective beliefs. In decentralized platforms such as Polymarket, the market…

机器学习 · 计算机科学 2026-04-23 Huaiyu Jia , Luofeng Zhou , Wentao Zhang , Lin William Cong , Siguang Li , Shuo Sun

We study the microstructure of Polymarket, the largest on-chain prediction market, using a continuous tick-level archive of the public order-book feed (30 billion events over 52 days) joined to the authoritative on-chain trade record. On a…

交易与市场微观结构 · 定量金融 2026-05-15 Philipp D. Dubach

Link prediction is a fundamental problem in network science, aiming to infer potential or missing links based on observed network structures. With the increasing adoption of parameterized models, the rigor of evaluation protocols has become…

其他统计学 · 统计学 2026-04-09 Xinshan Jiao , Yuxin Luo , Yilin Bi , Tao Zhou

This paper reports an end-to-end empirical evaluation of the deadline-Information Leakage Score (ILS-dl) extension introduced in the companion methodology paper. The deadline-ILS extends the original ILS to deadline-resolved…

交易与市场微观结构 · 定量金融 2026-05-15 Maksym Nechepurenko

We study strategic interactions in a broker-mediated market in which agents learn and exploit each other's private information. A broker provides liquidity to an informed trader and to noise traders while managing inventory in a lit market.…

交易与市场微观结构 · 定量金融 2026-01-21 Alif Aqsha , Fayçal Drissi , Leandro Sánchez-Betancourt

Large language models (LLMs) are increasingly deployed in multi-agent settings where communication must balance informativeness and secrecy. In such settings, an agent may need to signal information to collaborators while preventing an…

计算与语言 · 计算机科学 2026-04-01 Adar Avsian , Larry Heck

Predicting real-world events from live market signals demands systems that fuse qualitative news with quantitative order-book dynamics under strict temporal discipline -- a challenge existing benchmarks fail to capture. We present…

计算金融 · 定量金融 2026-04-17 Pu Cheng , Juncheng Liu , Yunshen Long

Amid the expanding use of pre-training data, the phenomenon of benchmark dataset leakage has become increasingly prominent, exacerbated by opaque training processes and the often undisclosed inclusion of supervised data in contemporary…

计算与语言 · 计算机科学 2024-04-30 Ruijie Xu , Zengzhi Wang , Run-Ze Fan , Pengfei Liu

Training deep neural networks via federated learning allows clients to share, instead of the original data, only the model trained on their data. Prior work has demonstrated that in practice a client's private information, unrelated to the…

密码学与安全 · 计算机科学 2021-06-01 Fan Mo , Anastasia Borovykh , Mohammad Malekzadeh , Hamed Haddadi , Soteris Demetriou

Deployed large language models (LLMs) often rely on speculative decoding, a technique that generates and verifies multiple candidate tokens in parallel, to improve throughput and latency. In this work, we reveal a new side-channel whereby…

计算与语言 · 计算机科学 2026-02-12 Jiankun Wei , Abdulrahman Abdulrazzag , Tianchen Zhang , Adel Muursepp , Gururaj Saileshwar

Vulnerability of Frontier language models to misuse and jailbreaks has prompted the development of safety measures like filters and alignment training in an effort to ensure safety through robustness to adversarially crafted prompts. We…

密码学与安全 · 计算机科学 2024-10-31 David Glukhov , Ziwen Han , Ilia Shumailov , Vardan Papyan , Nicolas Papernot

Skill ecosystems have emerged as an increasingly important layer in Large Language Model (LLM) agent systems, enabling reusable task packaging, public distribution, and community-driven capability sharing. However, despite their rapid…

计算与语言 · 计算机科学 2026-04-16 Haichuan Hu , Ye Shang , Quanjun Zhang

Market integrity monitoring is difficult because suspicious price/volume behavior can arise from many benign mechanisms, while modern detection systems often rely on opaque models that are hard to audit and communicate. We present AIMM-X,…

风险管理 · 定量金融 2026-01-23 Sandeep Neela

This paper presents PolySwarm, a novel multi-agent large language model (LLM) framework designed for real-time prediction market trading and latency arbitrage on decentralized platforms such as Polymarket. PolySwarm deploys a swarm of 50…

人工智能 · 计算机科学 2026-04-07 Rajat M. Barot , Arjun S. Borkhatariya

Matching markets are often organized in a multi-stage and decentralized manner. Moreover, participants in real-world matching markets often have uncertain preferences. This article develops a framework for learning optimal strategies in…

计算机科学与博弈论 · 计算机科学 2021-12-21 Xiaowu Dai , Michael I. Jordan

Multi-agent LLM systems are entering production -- processing documents, managing workflows, acting on behalf of users -- yet their resilience to prompt injection is still evaluated with a single binary: did the attack succeed? This leaves…

密码学与安全 · 计算机科学 2026-04-13 Haochuan Kevin Wang , Zechen Zhang

Although the automation and digitisation of anti-financial crime investigation has made significant progress in recent years, detecting insider trading remains a unique challenge, partly due to the limited availability of labelled data. To…

社会与信息网络 · 计算机科学 2025-12-23 Gian Jaeger , Wang Ngai Yeung , Renaud Lambiotte
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