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📖 Module
📖 1 min read
DeFi Security Essentials
Protect your assets in the world of decentralized finance
DeFi Security Essentials
Wallet Security
Hardware Wallets
- Use Ledger or Trezor for large amounts
- Never enter seed phrase online
- Verify transactions on device
Hot Wallet Hygiene
- Separate wallets for different purposes
- Revoke unused approvals regularly
- Use Rabby or similar for warnings
Smart Contract Safety
Before Interacting
- Check if audited
- Verify contract on explorer
- Start with small amounts
- Check TVL and age
Red Flags
- Anonymous team
- No audit
- Too-good-to-be-true APY
- Locked liquidity concerns
Tools
- revoke.cash - Approval management
- DeFiSafety - Protocol ratings
- Tenderly - Transaction simulation
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