How safe is money stored in on-chain smart contracts?
Once deployed, smart contracts execute according to their code. If an attacker exploits a vulnerability, your assets could be stolen and may be difficult to recover.
Here’s the key point: only put money into DeFi that you can afford to lose, and consider spreading larger investments across different protocols.
Ethereum, where $ETH is located, was one of the earliest public blockchains to support general-purpose smart contracts.
Understanding how it works can help you avoid pitfalls, but it can’t replace sound position management.