🔍 DeFi|Smart Contract Risks
· What it is: Once deployed, smart contracts execute according to their code. If a code vulnerability is exploited, assets may be transferred out and be difficult to recover.
· How to understand it: Contracts that have been running for a long time and have been tested with large amounts of funds are generally considered more reliable, but that doesn’t mean they have no vulnerabilities.
· Note: When reviewing audit reports, pay attention to the date, scope of coverage, and issues that haven’t been fixed. Don’t just look for the words “audited.”
$ETH 2314.7(-2.05%)
· What it is: Once deployed, smart contracts execute according to their code. If a code vulnerability is exploited, assets may be transferred out and be difficult to recover.
· How to understand it: Contracts that have been running for a long time and have been tested with large amounts of funds are generally considered more reliable, but that doesn’t mean they have no vulnerabilities.
· Note: When reviewing audit reports, pay attention to the date, scope of coverage, and issues that haven’t been fixed. Don’t just look for the words “audited.”
$ETH 2314.7(-2.05%)