🔍 DeFi | Smart Contract Risks
· Definition: Once a smart contract is deployed on-chain, it executes according to its code. If attackers exploit a vulnerability, assets may be stolen and difficult to recover.
· Why: An audit doesn’t guarantee security. Audits are limited in scope and time, so they can only reduce the likelihood of common vulnerabilities—not rule out every issue.
· Practical tip: Remember to revoke token approvals for protocols you rarely use.
$ETH 2493.09(+0.032%)
Stay rational and manage your position size.
· Definition: Once a smart contract is deployed on-chain, it executes according to its code. If attackers exploit a vulnerability, assets may be stolen and difficult to recover.
· Why: An audit doesn’t guarantee security. Audits are limited in scope and time, so they can only reduce the likelihood of common vulnerabilities—not rule out every issue.
· Practical tip: Remember to revoke token approvals for protocols you rarely use.
$ETH 2493.09(+0.032%)
Stay rational and manage your position size.