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    REVIEW

    A Review on the Security of the Ethereum-Based DeFi Ecosystem

    Yue Xue1, Dunqiu Fan2, Shen Su1,3,*, Jialu Fu1, Ning Hu1, Wenmao Liu2, Zhihong Tian1,*

    CMES-Computer Modeling in Engineering & Sciences, Vol.139, No.1, pp. 69-101, 2024, DOI:10.32604/cmes.2023.031488

    Abstract Decentralized finance (DeFi) is a general term for a series of financial products and services. It is based on blockchain technology and has attracted people’s attention because of its open, transparent, and intermediary free. Among them, the DeFi ecosystem based on Ethereum-based blockchains attracts the most attention. However, the current decentralized financial system built on the Ethereum architecture has been exposed to many smart contract vulnerabilities during the last few years. Herein, we believe it is time to improve the understanding of the prevailing Ethereum-based DeFi ecosystem security issues. To that end, we investigate the Ethereum-based DeFi security issues: 1)… More >

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