To what extent does the collapse of a digital token spread contagion across cryptocurrency
markets? How do markets incorporate information in this turbulent setting? We examine …

To what extent does the collapse of a commercial bank spread contagion across
cryptocurrency markets? How do markets behave around bankruptcy if digital assets remain …

Perpetual futures--swap contracts that never expire--are the most popular derivative traded
in cryptocurrency markets, with more than\$100 billion traded daily. Perpetuals provide …

How does stablecoin design affect market behavior during turbulent periods? Stablecoins
attempt to maintain a “stable” peg to the US dollar, but do so with widely varying structural …

This paper studies determinants of interest rates on Decentralized lending protocols. Using
transaction level data, we show these protocols are being used to make long or short …

Purpose Our analysis is targeted at researchers in the fields of economics and finance, and
we place emphasis on the incremental contributions of each paper, key research questions …

This paper studies the monthly expiration effect in the bitcoin markets. The emergence of
trading in bitcoin futures in regulated markets is an ideal occasion to test this effect on an …

This paper provides a first economic analysis of liquid staking tokens, which are derivatives
representing a share of staked tokens in Proof‐of‐Stake blockchains. We document …

This study presents a groundbreaking Systematization of Knowledge (SoK) initiative,
focusing on an in-depth exploration of the dynamics and behavior of traders on perpetual …

We address the calibration issues of the weighted-indexed semi-Markov chain (WISMC)
model applied to high-frequency financial data. Specifically, we propose to automate the …