A Novel Approach to Predicting Rug-Pull Risks in ERC-20 Smart Contracts
This research proposes two data collection methods, Whole Observation Data (WOD) and 7 Days (7D), for identifying rug-pull risks within ERC-20 smart contracts deployed on the Ethereum blockchain. The WOD method offers a comprehensive, long-term analysis of token activity, while the 7D method focuses on a shorter time frame to detect emerging fraudulent behaviors. Through rigorous experimentation and evaluation, this research demonstrates both methods' reliability, applicability, and predictive capabilities. The findings contribute to a deeper understanding of rug-pull risks and provide valuable insights for developing robust countermeasures to protect in-vestors and maintain the integrity of the cryptocurrency market.
Authors
- Cong Nguyen-Thanh
- Ngoc Tran-Bao
- Trinh Le-Khanh
Institutions
- VNU University of Science (VN)
Publication Details
- Published
- 2024-12-21
- DOI
- https://doi.org/10.1109/rivf64335.2024.11009094
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00