Recently, I have been reviewing discussions about DeFi security incidents and wanted to share my thoughts.
In the decentralized finance space, being hacked is not exactly a new phenomenon. But what is truly rare? Funds can be recovered. The series of events from 2025 to now tell us a reality—most of the time, once assets are compromised, the outcome is essentially permanent loss.
So, when re-evaluating various DeFi protocols now, I no longer fully believe 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, not something that can be guaranteed by a certificate.
This shift in understanding has greatly influenced how I evaluate and choose protocols.
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EthSandwichHero
· 12-17 12:09
Once the funds are gone, they're really gone. That audit report isn't as valuable as you might think.
If you're hacked, you have to accept it. It's become the norm... It's better to manage your own risk.
An audit is just the passing line; living depends on luck.
To put it simply, it's about betting that the agreement won't have issues. If something goes wrong, no one can save you.
The "security" these project teams talk about is purely marketing. Don't trust it too much.
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OffchainOracle
· 12-17 02:25
To be honest, I stopped trusting that audit report a long time ago; it’s just psychological comfort.
DeFi is just a casino, betting on whether the protocol will be targeted by hackers.
Fund recovery? Dream on, only large amounts might attract attention.
In the past two years, I’ve seen so many protocols fail after audits, and what’s the result?
Now I just try to use as little as possible; even if I do put money in, it’s only at the bean level.
You’re right, continuous protection is the real key, but are the protocol teams really that diligent?
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Ser_Liquidated
· 12-15 16:52
Really, we've seen enough of those audit certificates. A bunch of projects just flaunt their audit reports to deceive people.
Hackers can break through anyway. Once the money is gone, it's gone. Trying to recover? Haha, dream on.
This is how DeFi is—you need to keep your eyes open.
Continuous risk management is the right way. Not just taking a look at the audit once and then going to sleep.
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GasFeeSobber
· 12-15 16:51
Audit is just a piece of paper; a truly reliable protocol depends on ongoing maintenance and operation.
If funds are stolen, chasing them back is difficult... you need to be more cautious yourself.
You can't rely solely on a report for security; you need to keep a close eye on things.
Recovering funds? Ha, these days, that's considered a great blessing.
Passing an audit ≠ never having problems; this common sense should be ingrained in your mind.
DeFi is like this—things might be fine today, but could vanish tomorrow.
Anyway, it's better to diversify your funds and insure them.
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MrRightClick
· 12-15 16:48
The notion that an audit guarantees a permanent get-out-of-jail-free card should have been debunked long ago, really.
One audit = a permanent immunity badge? Wake up, everyone.
Funds haven't been recovered many times, and you should understand the rules of this game.
DeFi is gambling; you're betting on whether the team is reliable.
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SignatureDenied
· 12-15 16:43
Auditing is really mythologized. Can a piece of paper guarantee insurance? Ha
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Permanent loss, my friend. This is the real game rule of DeFi.
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In simple terms, you need to be more cautious and not blindly trust certificates.
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Fund recovery? Dream on. It's usually a dead end.
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Changing your mindset is good, but you also need to change your approach to entering the market.
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Auditing is just a compliance show; true security depends on your own risk management.
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This is the attitude that a sensible player should have. Most people are still dreaming.
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Recovering funds is a rare exception. Don't count on it.
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SolidityNewbie
· 12-15 16:43
I’ve long lost faith in that audit document, really.
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Recover funds? Ha, just a dream.
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A continuous process, it sounds simple but actually is just gambling with luck.
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Once you've been hacked, you understand it; no need to learn it a second time.
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So now it all depends on whose code review is the toughest.
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Certificates are just a facade; what really matters is the team’s history.
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It feels like DeFi is always stumbling into pitfalls, never truly safe.
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This is the right mindset; don’t be fooled by those sales pitches.
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TokenomicsPolice
· 12-15 16:40
Audits can't save projects that want to fly; reality is this cruel.
A bloody lesson is worth a hundred audit reports.
Once the money is gone, it's gone; don't expect to recover it. This is the real truth of DeFi.
So we still have to keep our eyes open and look at projects beyond just the audit report.
Continuous risk control > a certificate. The logic is simple, but most people still fall for it.
No matter how much the protocol team brags, you need to look at actual operations—don't be fooled.
Multiple risk models are the real deal; relying solely on audits is truly naive.
Recently, I have been reviewing discussions about DeFi security incidents and wanted to share my thoughts.
In the decentralized finance space, being hacked is not exactly a new phenomenon. But what is truly rare? Funds can be recovered. The series of events from 2025 to now tell us a reality—most of the time, once assets are compromised, the outcome is essentially permanent loss.
So, when re-evaluating various DeFi protocols now, I no longer fully believe 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, not something that can be guaranteed by a certificate.
This shift in understanding has greatly influenced how I evaluate and choose protocols.