Within just four years, the blockchain-based Decentralized Finance (DeFi) ecosystem has
accumulated a peak total value locked (TVL) of more than 253 billion USD. This surge in …

The future of the internet is moving toward decentralization, with decentralized networks and
blockchain technology playing essential roles in different sectors. Decentralized networks …

We compare the market quality of centralized crypto exchanges (CEXs) such as Binance
and Kraken to decentralized blockchain-based venues (DEXs) such as Uniswap v2 and v3 …

The decentralized approach of blockchain technology has resulted in innovations across
various industries, including finance which is facing challenges due to the rise of …

Trade execution on Decentralized Exchanges (DEXes) is automatic and does not require
individual buy and sell orders to be matched. Instead, liquidity aggregated in pools from …

Decentralized Exchanges (DEXes) enable users to create markets for exchanging any pair
of cryptocurrencies. The direct exchange rate of two tokens may not match the cross …

We present a measurement study on compositions of Decentralized Finance (DeFi)
protocols, which aim to disrupt traditional finance and offer services on top of distributed …

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 …

The boom of liquidity mining has attracted enormous attention, which has brought tens of
times increment in total value locked (TVL) to decentralized finance (DeFi) community …

Decentralized exchanges are revolutionizing finance. With their ever-growing increase in
popularity, a natural question that begs to be asked is: how efficient are these new markets …