Abhimanyu Nag

Profile

I'm a Researcher in Mathematical Statistics and Computational Economics recently within Finance and AI. I have worked on theoretical and practical developments in Stochastic Processes and Dynamical Systems in academia through my background in Statistics. In the industry I have worked on Decentralized Exchange Security and Risk Management, Mechanism Design, Financial Cryptography and Attack Mitigation in Governance Protocols. My research interests are in Applied Probability, Stochastic Processes, Dynamical Systems, Algorithmic Game Theory (Mechanism design, Information Economics and Contract Theory), Differential Privacy and Economics of Security in Decentralized Systems. I am currently in my predoc era and I am working on doing some original math, developing frameworks for analyzing and improving security protocols in coordination systems (such as DeAI, DeFi and Blockchains). I am also very interested in Data Privacy and Algorithms.

I got cited in the Ethereum Yellow Paper in 2022 for my work on Ethereum Improvement Proposal 5133 where I accurately predicted the delay of the difficulty bomb of Ethereum in order to incentivize optimal movement of users from PoW to PoS. At the University of Alberta, I worked under Dr. Mike Kouritzin at ScotiaBank funded Kouritzin Lab and wrote my bachelor's thesis using a novel hidden markov model called Markov Observation Models and I also worked under Dr. Arno Berger where I helped develop a new proof of the Saint Venant Inequality using complex analysis

Professionally I started my career at Nethermind in 2022 as an intern and subsequently promoted to Junior Data Scientist. There I mostly did research and developed mathematical models and stress tests for TwinStake, along with modelling MEV using MEV-boost. After that I spent a year at then supercomputing now decentralized AI startup HyperspaceAI as researcher where I worked on incentive design on EigenLayer (where I was also a research fellow) and optimal transaction dissemination. Then most recently I was Chief Scientist at Chainrisk Labs where I spearheaded projects for the company and helped develop risk methodologies for partner DeFi protocols like Compound Finance and others (I also got a first hand taste of fundraising). During my time there I developed a method to visualize and predict governance attacks in DeFi protocols using Multi Agent Influence Diagrams (MAIDs) and I had a chance to talk about it during ETH Tokyo and Coinfest Bali. See more in publications.

Stuff that I have put out :

What Am I Doing Now? : Taking classes and research at Duke University. I am currently at TanX and I am consulting them on Simulation Engineering and also at Dextr Exchange where I am working on Intent Based Markets.

What's Next? : Incoming Research Associate at the University of Alberta to work under George Tokarsky and Arno Berger on the infamous Illumination Problem from the Summer. Joining Kouritzin Lab as MITACS Fellow in July 2025. Publishing papers, presenting talks and working in high agency environments.


UPDATE : "Economic Security of Multiple Shared Security Protocols" is out now and has been accepted to MARBLE 2025. See you in Greece this July.

Publications

Economic Security of Multiple Shared Security Protocols

Economic Security of Multiple Shared Security Protocols

Abhimanyu Nag*, Dhruv Bodani, Abhishek Kumar

The 6th International Conference on Mathematical Research for Blockchain Economy

Multi Agent Influence Diagrams (MAIDs) for DeFi Governance

Multi Agent Influence Diagrams (MAIDs) for DeFi Governance

Abhimanyu Nag*, Samrat Gupta

ETH Tokyo

Predicting Healthcare Insurance Fraud using Markov Observation Models

Predicting Healthcare Insurance Fraud using Markov Observation Models

Michael Gyimah, Abhimanyu Nag*, Michael Kouritzin

Working Paper

A Complex Analytical Proof of the Saint Venant Inequality

Abhimanyu Nag*, Arno Berger

Working Paper

Compound V3 Economic Audit Report

Compound V3 Economic Audit Report

Rik Ghosh, Samrat Gupta, Arka Datta, Abhimanyu Nag*, Sudipan Sinha

On-Chain Credit Risk Score (OCCR Score) in DeFi

Rik Ghosh, Arka Datta, Vidhi Aggarwal, Sudipan Sinha, Abhimanyu Nag*