Section 01
PEFT-Arena: Re-examining Parameter-Efficient Fine-Tuning from the Stability-Plasticity Perspective
The Chinese University of Hong Kong, Westlake University, and the Max Planck Institute jointly proposed the PEFT-Arena benchmark, which for the first time systematically evaluates the trade-off between target task adaptation and pre-trained capability retention of parameter-efficient fine-tuning (PEFT) methods, revealing the advantages of Orthogonal Fine-Tuning (OFT) at the stability-plasticity frontier. This study fills the gap in the current PEFT evaluation paradigm that ignores pre-trained capability retention, providing a new perspective for understanding PEFT methods.