DeFi '22

Abstract

Powered by blockchains, Decentralized Finance (DeFi) has grown to a significant economy covering exchanges, borrowing/lending, margin trading, derivatives, and more. While DeFi systems are gaining significant traction (e.g., they already manage tens of billions of dollars worth of assets), making them secure has proven exceptionally challenging---a staggering $1.9 billion was stolen in various hacks in the first seven months of 2022 alone.[4]