wash trading in NFT market

As emerging digital assets, NFTs are susceptible to anomalous trading behaviors due to the lack of stringent regulatory mechanisms, potentially causing economic losses. In this study, we conduct the first systematic analysis of four non-fungible token (NFT) markets, each operating under different rules.

作为新兴数字资产，非同质化代币（Non-Fungible Token，NFT）因缺乏严格的监管机制，极易出现异常交易行为，进而可能引发经济损失。本研究首次对四个运行规则各不相同的NFT市场开展系统性分析。