In 2024, for example, several incidents exposed security flaws in smart contracts, blockchain bridges, and oracle manipulation attacks, resulting in immense losses for many, including myself.

On the other hand, the solution to this problem lies in adopting more rigorous code audits and a well-structured modular security model.

Specialized companies, such as CertiK, conduct detailed analyses to identify vulnerabilities before protocols are launched. Furthermore, fragmenting functionality into "modules" allows flaws in one part of the ecosystem to prevent the entire fund from being compromised, a significant contributor to one of the biggest problems in the market.

 Another crucial measure is the use of bug bounty programs, which ethically reward hackers for finding and reporting security flaws. Collaboration between developers and the community is key to making the DeFi space safer and more sustainable.

While problems exist, and there are many, there are solutions for all of them.