Welcome to the resource topic for 2021/1628
Title:
SoK: Mitigation of Front-running in Decentralized Finance
Authors: Carsten Baum, James Hsin-yu Chiang, Bernardo David, Tore Kasper Frederiksen, and Lorenzo Gentile
Abstract:Front-running is the malicious, and often illegal, act of both manipulating the order of pending trades and injecting additional trades to make a profit at the cost of other users. In decentralized finance (DeFi), front-running strategies exploit both public knowledge of user trades from transactions pending on the network and the miner’s ability to determine the final transaction order. Given the financial loss and increased transaction load resulting from adversarial front-running in decentralized finance, novel cryptographic protocols have been proposed to mitigate such attacks in the permission-less blockchain setting. We systematize and discuss the state-of-the-art of front-running mitigation in decentralized finance, and illustrate remaining attacks and open challenges.
ePrint: https://eprint.iacr.org/2021/1628
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