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5 ways to lessen personal and financial risks from DeFi exploits

The burgeoning DeFi sector remains one of the riskiest parts of both finance and the internet. Here’s how to stay protected.

5 ways to lessen personal and financial risks from DeFi exploits

Cover art/illustration via CryptoSlate

The buzzing world of Decentralized Finance (DeFi) has racked up its fair share of brickbats and bouquets ever since rising to popularity in 2020.

It broadly refers to non-custodial, peer-to-peer financial services built on smart contract-enabled protocols, usually for services like lending, flash loans, trading, insurance, and many others.

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