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Research corpusCredit and stable valueBLC-STUDY-0184

ERC-3156: Flash Loans

A flash lender sends assets to a receiver and requires that the same transaction returns them, plus a fee. If it does not, the transaction reverts. There is no default in the credit sense, because there is no time.

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Record

Authors
Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams
Date
2020
Publisher
Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams
Version
Source cited by the 2020 study. The study is the reading. This page does not add a second essay.
Document ID
BLC-STUDY-0184
DOI
None recorded
Last reviewed
1 October 2026
Licence
No licence recorded. Rights status under review.

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Direct answer

A flash lender sends assets to a receiver and requires that the same transaction returns them, plus a fee. If it does not, the transaction reverts. There is no default in the credit sense, because there is no time.

Where to read

Metadata and commentary only. The reading is the study page.

Full text

Full text is not published on this page. Public availability is not a licence to republish a document. Blockchain Lab has not recorded a licence that permits an HTML transcription, a training set, or a retrieval corpus of the paper. Text on this page is Blockchain Lab's own wording, or a pointer to a study that is also Blockchain Lab's wording.

What changed

A reading of the public document. Not a copy of it, and not a claim about a later network that reused the name.

Relationships

Cite this record

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Author–date

Cañada, A. C., Kobayashi, F., fubuloubu, & Williams, A. (2020). ERC-3156: Flash Loans. Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams. https://eips.ethereum.org/EIPS/eip-3156

BibTeX

@techreport{flashloans2020,
  title = {ERC-3156: Flash Loans},
  author = {Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams},
  year = {2020},
  institution = {Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams},
  url = {https://eips.ethereum.org/EIPS/eip-3156},
  note = {Rights status: Official external source only. Blockchain Lab record: https://blockchainlab.com/research/corpus/papers/flash-loans}
}

RIS

TY  - RPRT
TI  - ERC-3156: Flash Loans
AU  - Alberto Cuesta Cañada
AU  - Fiona Kobayashi
AU  - fubuloubu
AU  - Austin Williams
PY  - 2020
PB  - Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams
UR  - https://eips.ethereum.org/EIPS/eip-3156
N1  - Rights status: Official external source only
ER  -

CSL-JSON

[
  {
    "type": "report",
    "id": "BLC-STUDY-0184",
    "title": "ERC-3156: Flash Loans",
    "author": [
      {
        "literal": "Alberto Cuesta Cañada"
      },
      {
        "literal": "Fiona Kobayashi"
      },
      {
        "literal": "fubuloubu"
      },
      {
        "literal": "Austin Williams"
      }
    ],
    "issued": {
      "date-parts": [
        [
          2020
        ]
      ]
    },
    "publisher": "Alberto Cuesta Cañada, Fiona Kobayashi, fubuloubu, Austin Williams",
    "URL": "https://eips.ethereum.org/EIPS/eip-3156",
    "note": "Rights status: Official external source only. Not a licence to republish the paper."
  }
]

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Rights record

Source status
Official source
Use status
Metadata and commentary only. The reading is the study page.
Rights
Official external source only
Training and retrieval
Not permitted from this site. There is no rights-cleared full text to retrieve or to train on.

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