According to DeFillama, the TVL in DeFi has grown exponentially attracting global attention and adoption. 250% in the last 12 months. However, this explosive growth of the DeFi space has left huge loopholes in security.
Therefore, this vulnerability makes it possible for nefarious individuals to exploit this truly innovative yet nascent space. In this article, you will learn how you can protect your funds when you are using DeFi protocols.