DeFi
DeFi Dynamics. Exploring the Future of Finance.
OpenCover pfp

@opencover

What Good Protocol Protection Should Feel Like in DeFi Risk exists everywhere, offchain and onchain. In DeFi, protocol risk is embedded throughout the stack. It starts at the code layer, where smart contract vulnerabilities can sit unnoticed until exploited, as seen in the recent ~$110M Balancer v2 incident. It extends to economic design flaws, such as the $100M oracle manipulation of Mango Markets, where price feeds were the attack vector. It takes the form of liquidation and accounting failures, such as Stream Finance’s $93M collapse. And it reaches governance and centralization risks, like Beanstalk’s $180M flash loan governance attack. In a composable ecosystem, failures can cascade. A single exploit can create second-order losses across vaults, aggregators, and downstream protocols. Even well-audited protocols remain exposed because risk does not live in a single contract. It is structural.
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@monteluna

Is exploiting structures in blockchain capital markets to make money a crime? I do think this question needs to be answered in DeFi and crypto because retail will not tolerate capital destruction from arbitrage trade. We can say no crying in the casino, but eventually people will stop coming into the building. https://x.com/zerohedge/status/2026155452795371778
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@monteluna

By the way, the key word here is "profitable".
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@monteluna

It's the point.
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Monteluna pfp

@monteluna

Bruh they just had an oracle error back in November. Again!?!? https://forum.moonwell.fi/t/mip-x43-cbeth-oracle-incident-summary/2068
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brad.base.eth pfp

@b05

If you are building in DeFi, you are going to need to reset everything if you want to win the future. You are no longer building an app, you are building your idea into API, functions, data, and onchain access. Apps are dead. All of compute will be AI. Once you dive into it, you are going to be blown away by how much freedom you gain and how much power you are giving to users. Protocols that embrace this completely, right now, can dominate the future of finance. Don't worry about your token. Worry about your revenue and realize that everything has changed you've been given an amazing gift. Take it and run with it.
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Monteluna pfp

@monteluna

As an unapologetic money mechanics guy I find this kind of financialization hilarious.
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OpenCover pfp

@opencover

📈 COVERED YIELD SPOTLIGHT 📈 Superform Flagship @base.base.eth USDC → 7.86 % Covered APY Get @superform covered yield with @aave, @euler, and @morpho underlying strategies protected 👇
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Monteluna pfp

@monteluna

9/11 for $100K auditoooooors that still get hacked anyways.
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Monteluna pfp

@monteluna

gmonad! https://x.com/stacy_muur/status/2024144634218467777?s=20
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OpenCover pfp

@opencover

The Onchain Risk Map: Understanding Threats Before They Strike Proactive risk management is foundational for long-term resilience across DeFi. In a complex, interconnected, and constantly evolving landscape, the Onchain Risk Map offers the first unified framework to understand, identify and manage onchain risk. It maps DeFi threats into six primary categories:
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@dawufi

lot of defi protocols going to learn trust is worth more than 50bps on ur stables this year turns out tradfi runs on more than servers
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OpenCover pfp

@opencover

Mapping Onchain Risk: A New Industry Standard DeFi has matured into a system securing hundreds of billions in value, yet its risk landscape remains hard to map. Today, that changes. We just launched the Onchain Risk Map, the first unified framework for understanding onchain risk. A step toward more disciplined, institutional-grade risk practices across the ecosystem. Developed in partnership with @nexusmutual, the Onchain Risk Map equips protocols, institutions, and sophisticated DeFi users with a structured methodology for identifying, categorizing, and managing risk.
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Monteluna pfp

@monteluna

This is quite interesting if you think about securities laws. https://www.reddit.com/r/CryptoCurrency/comments/1r2xz65/israelis_arrested_over_alleged_insider_polymarket/
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Monteluna pfp

@monteluna

Good or bad?
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