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Risk-free uncollateralized lending in decentralized markets : an introduction to flash loans / Jack Mandin.FB3-6/2025-6E-PDF

"A flash loan is a special type of uncollateralized loan with zero default risk that is native to blockchain ecosystems. Since its inception in 2018, the technology has seen significant adoption across decentralized finance markets, having facilitated over US$2 trillion in lending activity in 2024 on Ethereum-Virtual-Machine-compatible (EVM-compatible) blockchains. Despite their high levels of adoption, flash loans are not well understood by academics and central bank researchers"--Abstract, page ii.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.951239&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleRisk-free uncollateralized lending in decentralized markets : an introduction to flash loans / Jack Mandin.
Series title
  • Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2025-6
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: March 21, 2025."
  • ISSN assigned to different series.
  • Includes bibliographical references (pages 40-41).
  • Includes abstracts in English and French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2025.
  • ©2025
Author / Contributor
  • Mandin, Jack, author.
Description1 online resource (ii, 41 pages) : illustrations, graphs.
Catalogue number
  • FB3-6/2025-6E-PDF
Subject terms
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