Design and development of a MEV-Resistant de-centralized multi-collateral CDP platform
Σχεδίαση και ανάπτυξη αποκεντρωμένης πλατφόρμας θέσεων χρέους πολλαπλών ενέχυρων ανθεκτικής σε επιθέσεις MEV

Master Thesis
Author
Papagiannopoulos, Spyridon
Παπαγιαννόπουλος, Σπυρίδων
Date
2026-03View/ Open
Keywords
Decentralized Finance (DeFi) ; Collateralized Debt Positions (CDPs) ; Maximal Extractable Value (MEV) ; Smart contract architecture ; MEV-Resistant mechanismsAbstract
This dissertation presents the design and implementation of a multi-collateral, MEV-resistant CDP platform, featur-ing a novel liquidation engine based on a commit–reveal cryptographic scheme. Unlike traditional auctions, the proposed mechanism decouples bid submission from bid revelation: liquidators submit encrypted bids (commit phase) which are revealed only after a secure block interval. This architecture effectively eliminates the pre-execution visibility of prices, rendering opportunistic arbitrage by searchers and validators economically infeasible.


