Decentralized Finance (DeFi): A Survey

• DOI: 10.48550/arxiv.2308.05282
• Publication Date: 2023-01-01
• Authors: Erya Jiang; Bo Qin; Qing K. Wang; Zhipeng Wang; Qianhong Wu; Jian Weng; Xinyu Li; Chenyang Wang; Yuhang Ding; Yanran Zhang
• Keywords: FOS: Computer and information sciences; Computer Science - Cryptography and Security; Cryptography and Security (cs.CR)

Decentralized Finance (DeFi) is a new paradigm in the creation, distribution, and utilization of financial services via integration blockchain technology. Our research conducts comprehensive introduction meticulous classification various DeFi applications. Beyond that, we thoroughly analyze these risks from both technical economic perspectives, spanning multiple layers. We point out gaps revenues, covering advancements, innovative economics, sociology ecology optimization.