Computer Engineering Commons^™

Nftdisk: Visual Detection Of Wash Trading In Nft Markets, Xiaolin Wen, Yong Wang, Xuanwu Yue, Feida Zhu, Min Zhu

Research Collection School Of Computing and Information Systems

With the growing popularity of Non-Fungible Tokens (NFT), a new type of digital assets, various fraudulent activities have appeared in NFT markets. Among them, wash trading has become one of the most common frauds in NFT markets, which attempts to mislead investors by creating fake trading volumes. Due to the sophisticated patterns of wash trading, only a subset of them can be detected by automatic algorithms, and manual inspection is usually required. We propose NFTDisk, a novel visualization for investors to identify wash trading activities in NFT markets, where two linked visualization modules are presented: a radial visualization module with …