SoK: A Taxonomic Analysis of DeFi Rug Pulls: Types, Dataset, and Tool Assessment

Rug pulls present a critical threat in Decentralized Finance (DeFi), causing substantial financial losses and eroding ecosystem trust. Despite research advances, effective detection remains hampered by fragmented taxonomies, limited datasets, and inadequate tool evaluations. Through systematic analysis of academic and industry sources, we develop a comprehensive taxonomy of 35 distinct rug pull types, including 9 previously undocumented variants. Our analysis reveals significant detection gaps: existing datasets cover only 20% of known types, leading us to create an enhanced dataset of 2,391 instances that increases coverage to 82.9%. Evaluation of 13 detection tools shows substantial capability variation (25.7% to 62.9%), with 9 types completely undetectable. Most critically, tool performance degrades significantly when facing complex attacks, with maximum detection rates dropping from 55.6% for single-vector cases to 31.3% for compound scenarios. These findings provide essential insights for developing more robust security testing approaches for smart contract vulnerabilities in decentralized systems.

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Journal
Proceedings of the ACM on software engineering.
Published
2025-06-22
DOI
https://doi.org/10.1145/3728900
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

SoK: A Taxonomic Analysis of DeFi Rug Pulls: Types, Dataset, and Tool Assessment

Wei Ma, Liming Nie, Yang Liu, Dianxiang Sun
Proceedings of the ACM on software engineering.
Blockchain Technology Applications and Security
article

SoK: A Taxonomic Analysis of DeFi Rug Pulls: Types, Dataset, and Tool Assessment

Wei Ma, Liming Nie, Yang Liu, Dianxiang Sun
article en

Abstract

Rug pulls present a critical threat in Decentralized Finance (DeFi), causing substantial financial losses and eroding ecosystem trust. Despite research advances, effective detection remains hampered by fragmented taxonomies, limited datasets, and inadequate tool evaluations. Through systematic analysis of academic and industry sources, we develop a comprehensive taxonomy of 35 distinct rug pull types, including 9 previously undocumented variants. Our analysis reveals significant detection gaps: existing datasets cover only 20% of known types, leading us to create an enhanced dataset of 2,391 instances that increases coverage to 82.9%. Evaluation of 13 detection tools shows substantial capability variation (25.7% to 62.9%), with 9 types completely undetectable. Most critically, tool performance degrades significantly when facing complex attacks, with maximum detection rates dropping from 55.6% for single-vector cases to 31.3% for compound scenarios. These findings provide essential insights for developing more robust security testing approaches for smart contract vulnerabilities in decentralized systems.

Proceedings of the ACM on software engineering.Vol. 2(ISSTA)
Nanyang Technological University (SG), Shenzhen Technology University (CN), Singapore Management University (SG)
Openalex Percentile: Top 79%
Blockchain Technology Applications and Security
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SoK: A Taxonomic Analysis of DeFi Rug Pulls: Types, Dataset, and Tool Assessment — Wei Ma, Liming Nie, et al. · Proceedings of the ACM on software engineering. (2025) | TGRS Research Map | TGRS