Recent discussions about DeFi security incidents have prompted me to share my thoughts.

In the field of decentralized finance, being hacked is not exactly new. But what is truly rare? Funds can be recovered. A series of events from 2025 until now has shown us a reality — in most cases, once assets are compromised, the outcome is essentially permanent loss.

Therefore, when re-evaluating various DeFi protocols, I no longer believe in the saying "audit = absolute safety." Audits are indeed important, but they are just the starting point of the defense line, far from being a protective charm. Security is fundamentally an ongoing process; a certificate alone cannot solve it.

This shift in understanding has greatly influenced how I assess and choose protocols.