Decoding Decentralized Finance Transactions Through Ego Network Motif Mining

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Decentralized Finance (DeFi) is increasingly studied and adopted for its potential to provide accessible and transparent financial services. Analyzing how investors use DeFi is important for reaching a better understanding of their usage and for regulation purposes. However, analyzing DeFi transactions is challenging due to often incomplete or inaccurate labeled data. This paper presents a method to extract ego network motifs from the token transfer network, capturing the transfer of tokens between users and smart contracts. Our results demonstrate that smart contract methods performing specific DeFi operations can be efficiently identified by analyzing these motifs while providing insights into account activities.

Original languageEnglish
Title of host publicationComplex Networks and Their Applications XIII - Proceedings of The 13th International Conference on Complex Networks and Their Applications
Subtitle of host publicationCOMPLEX NETWORKS 2024 - Volume 2
EditorsHocine Cherifi, Murat Donduran, Luis M. Rocha, Chantal Cherifi, Onur Varol
PublisherSpringer Science and Business Media Deutschland GmbH
Pages150-162
Number of pages13
ISBN (Print)9783031824302
DOIs
Publication statusPublished - 1 Jan 2025
Event13th International Conference on Complex Networks and their Applications, COMPLEX NETWORKS 2024 - Istanbul, Turkey
Duration: 10 Dec 202412 Dec 2024

Publication series

NameStudies in Computational Intelligence
Volume1188 SCI
ISSN (Print)1860-949X
ISSN (Electronic)1860-9503

Conference

Conference13th International Conference on Complex Networks and their Applications, COMPLEX NETWORKS 2024
Country/TerritoryTurkey
CityIstanbul
Period10/12/2412/12/24

Keywords

  • blockchain data
  • decentralized finance
  • ego network
  • graph mining
  • network motifs
  • transaction network

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