Yang Liu

Yichen Luo, Yebo Feng, Jiahua Xu et al.

The launch of \$Trump coin ignited a wave in meme coin investment. Copy trading, as a strategy-agnostic approach that eliminates the need for deep trading knowledge, quickly gains widespread popularity in the meme coin market. However, copy trading is not a guarantee of profitability due to the prevalence of manipulative bots, the uncertainty of the followed wallets' future performance, and the lag in trade execution. Recently, large language models (LLMs) have shown promise in financial applications by effectively understanding multi-modal data and producing explainable decisions. However, a single LLM struggles with complex, multi-faceted tasks such as asset allocation. These challenges are even more pronounced in cryptocurrency markets, where LLMs often lack sufficient domain-specific knowledge in their training data. To address these challenges, we propose an explainable multi-agent system for meme coin copy trading. Inspired by the structure of an asset management team, our system decomposes the complex task into subtasks and coordinates specialized agents to solve them collaboratively. Employing few-shot chain-of-though (CoT) prompting, each agent acquires professional meme coin trading knowledge, interprets multi-modal data, and generates explainable decisions. Using a dataset of 1,000 meme coin projects' transaction data, our empirical evaluation shows that the proposed multi-agent system outperforms both traditional machine learning models and single LLMs, achieving 73% and 70% precision in identifying high-quality meme coin projects and key opinion leader (KOL) wallets, respectively. The selected KOLs collectively generated a total profit of \$500,000 across these projects.

Weipeng Jiang, Xiaoyu Zhang, Juan Zhai et al.

Emoticons are widely used in digital communication to convey affective intent, yet their safety implications for Large Language Models (LLMs) remain largely unexplored. In this paper, we identify emoticon semantic confusion, a vulnerability where LLMs misinterpret ASCII-based emoticons to perform unintended and even destructive actions. To systematically study this phenomenon, we develop an automated data generation pipeline and construct a dataset containing 3,757 code-oriented test cases spanning 21 meta-scenarios, four programming languages, and varying contextual complexities. Our study on six LLMs reveals that emoticon semantic confusion is pervasive, with an average confusion ratio exceeding 38%. More critically, over 90% of confused responses yield 'silent failures', which are syntactically valid outputs but deviate from user intent, potentially leading to destructive security consequences. Furthermore, we observe that this vulnerability readily transfers to popular agent frameworks, while existing prompt-based mitigations remain largely ineffective. We call on the community to recognize this emerging vulnerability and develop effective mitigation methods to uphold the safety and reliability of the LLM system.