DeFiSafety
@DefiSafety
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Your guide to a safer DeFi
Web 3.0
Joined July 2020
I just published Why DeFiSafety Scores Matter
rex2.medium.com
New data shows the link between transparency, security, and long-term protocol survival.
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Got a protocol, need $$$ from an LP? A protocol review will make that easier, cause they know their money will be safe
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One thing DeFiSafety offers is security opsec consulting. Let our 5 years of DeFi experience help you operate safely. Want to know how to set your business up for stablecoins transfers? What security steps make sense for personal DeFi transactions? What are the pros and
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NEW REPORT PUBLISHED: @TermMaxFi a new fixed income protocol has excellent overall security. Solid on all areas! https://t.co/vxwgERSUrh Key Findings: 93% Awesome solid score.🛠👥 Code and Team 100%, perfect. Code Documentation: 70% Little architecture docs and thin
defisafety.com
DeFiSafety description
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We’re thrilled to announce our close collaboration with the @modelguardnet team! Modelguard is a project launching on @virtuals_io to bring insurance to the agentic economy. Over the past months, we’ve brought our technical risk expertise to help build the core
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We’re thrilled to announce our close collaboration with the @modelguardnet team! Modelguard is a project launching on @virtuals_io to bring insurance to the agentic economy. Over the past months, we’ve brought our technical risk expertise to help build the core
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Euler Finance V2 is still solid in almost every way. Their docs are are a bit thin but otherwise good. Key Findings: 83% Excellent solid score.🛠👥 Code and Team 100%, perfect. Code Documentation: 46% Little architecture docs and thin software docs.📄🔍 Testing: 0%.
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Long delayed, please find the next installment in our Guide to DeFi - Tools for Transactions
medium.com
In this article we cover the tools needed to transact on chain safely. First, get the tools, then set them up for use.
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If you do big $$ Transaction on chain USE A SEPARATE SIGNING COMPUTER. This is relevant to ByBIT and Radiant Capital and others.
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HyperLiquid has no transparency and doesn't care. They are proudly closed source and expect users to trust their anon founders. And with 1.7 billion TVL, it seems users don't care about transparency either. Their DeFiSafety score is 7%. https://t.co/0cV5xy26Rz Transparency is
defisafety.com
DeFiSafety description
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Usual Finance has distinct weak points. No tests and almost no Access Control docs drives the score down to 49%. Code documentation and security is good, though. Key Findings: 50% No tests visible. Limited admin controls and docs 🛠👥 Code Documentation: 92% No complaints
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Solana’s Raydium Finance’s transparency has stayed substandard! Score 50%. Code documentation is limited and no tests are visible. Good audit and bug bounty though. This is the second review of Radium. The one from 2022 was about the same score. Key Findings: 50% No tests
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I just published another part of our DeFi Guide Pt 2 — Chains https://t.co/DGCh6fLRcF Next I dive into the wallet and transactions.
link.medium.com
Tl;dr Just use Arbitrum or Optimism unless you have specific reasons for another chain.
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We just published our next article on the DeFi guide - Exchanges. The next one will be on chains.
medium.com
DeFi involves doing transactions on chain. To do that, first you must put some of your money on chain. That needs an exchange. While…
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The second chapter to our Guide to DeFi answers the Why:
medium.com
As we start moving into the DeFi ecosystem, we are met with many choices. By understanding why we’re investing in DeFi, we have a basis to…
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We published the Intro to our Guide to DeFi;
medium.com
DeFiSafety will write a guide to DeFi. This guide will give practical guidance to small business and retail investors that plan to use…
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Sticking with staking apps, let’s look at Jito, Solana’s staking choice Jito’s Score: 50%. a fail, though not a bad one. 📊 No documentation, weak testing, no admin controls but good audits Key Findings: 83% Code and team is strong. The devs did not respond at all. 🛠👥
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We are going back to weekly reports and will start off with this powerhouse of restaking. Eigan’ Score: 78%. Pretty good, a pass 📊 Key Findings: 90% Code and team is strong. The devs did not respond promptly. This is the only weak spot. 🛠👥 Code Documentation: 87% They
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Our team is also looking at more effort on "how to" discussions because the public info seems unspecific and old (no L2 info). Are there users who would appreciate that? We would be very specific and current. How to use an exchange, how to transfer funds, how to swap with very
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DeFi's Biggest Security Problem
linkedin.com
DeFi has a massive process problem. Fortunately this is definitely fixable.
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