Immunefi’s Post

What is the ideal setup for a DeFi protocol? "As interest in DeFi continues to soar, developers are presented with a plethora of options when it comes to building DeFi protocols. Choosing the right development framework is crucial for ensuring scalability, security, and interoperability." Read more on our blog! #defi #decentralizedframework #ethereum #binance #polkadot #weborigo #blog

🤯 Back to Life? Prisma Finance Proposes Plan to Resume Protocol After $11.6M Hack 🤯 #PrismaFinance #Hacked #Crypto In the wake of a significant security breach that resulted in the theft of $11.6 million, Prisma Finance, a decentralized finance (DeFi) protocol, has proposed a plan to safely resume operations... Full Story 📌 https://lnkd.in/e2Kvgnjq

Why #OpenSource is the Future of Finance? ✅ Open source eliminates hidden risks; all can see the financial plumbing ✅ More developers = more eyes on vulnerabilities ✅ Seamless integration & innovation across platforms For a secure future at #OSN https://lnkd.in/dgwgMH9e #Crypto #Finance

Dark pools offer numerous compelling advantages for institutional crypto traders, preserving privacy and protecting trading strategies. Yet, the industry's adoption has been slow. Why? In our latest article, we explore why dark pools are not more widely adopted: reasons that range from regulatory compliance, to perceived associations with illegal activities, through to prevailing attitudes about handling large transactions. Despite these obstacles, the potential benefits of dark pools are significant. They offer privacy, prevent market manipulation, and ensure secure, reliable, large-scale trades. Dark pools have the potential to be a game-changer for institutional DeFi investors. Read the full article here👇 https://lnkd.in/eCfhQTeF

4 Hacks Steal Over $88M in January In January, over $88 million was stolen across 4 DeFi hacks. Below is a break down each incident by , including: @ConcentricFi: $1.8M was lost due to a private key compromise. MangoFarm: $1M rug pull exploiting user trust. @RDNTCapital: $4M price manipulation vulnerability. @orbitbridge: $81.6M was stolen via the owner's key compromise. Get in-depth analysis and actionable insights to protect your DeFi investments; https://lnkd.in/dvvpRQ_Z

Over the past year, DeFi has become one of the crucial venues for price discovery and execution. Within a range of $20m-$100m AUM, DeFi is a necessary function in the order execution management systems for liquid funds.  With the yields coming back to DeFi with new primitives, such as re-staking and yield trading, DEXs and aggregators are the must-have avenues for traders.  One of the crucial points to facilitate this movement is having functional privacy infrastructure that enables custom setups for different types of trades. CEX traders looking to move to DeFi can find an answer in privacy. https://lnkd.in/g_PbKg5E

Audit alone falls short in thwarting hacks in blockchain applications; businesses must prioritize prevention-first solutions like the one we provide.

🏦💡 Aave: Redefining Decentralized Lending and Borrowing 🚀💰 Inception and Purpose: 🔥 Origins of Aave: Aave emerges as a groundbreaking decentralized finance (DeFi) protocol, aimed at revolutionizing lending and borrowing in the crypto space. Founded on principles of transparency, efficiency, and accessibility, Aave seeks to democratize access to financial services and empower users with greater control over their assets. 💡 Empowering DeFi: Aave is driven by a vision to transform traditional lending and borrowing by leveraging blockchain technology and smart contracts. By providing users with a permissionless, non-custodial platform, Aave enables seamless access to liquidity, capital efficiency, and innovative financial products in the decentralized economy. Technology and Features: 🔗 Protocol Governance: Aave introduces a decentralized governance model that empowers token holders to participate in the decision-making process. Through community-driven governance proposals and voting mechanisms, Aave fosters transparency, inclusivity, and decentralization in protocol governance. ⚙️ Money Market Protocol: Aave operates as a decentralized money market protocol, allowing users to deposit assets into liquidity pools and earn interest or borrow assets against collateral. With its innovative flash loan functionality and automated market-making mechanisms, Aave offers users flexibility and efficiency in managing their assets. Adoption and Community: ⚡ Driving DeFi Adoption: Aave actively drives adoption by collaborating with developers, liquidity providers, and ecosystem partners to expand its reach and enhance its offerings. Through strategic partnerships, integrations, and community initiatives, Aave fosters innovation and growth within the DeFi ecosystem. 🌐 Vibrant Community: Aave's vibrant and engaged community comprises developers, traders, investors, and enthusiasts passionate about DeFi and blockchain technology. This diverse community contributes to the evolution of Aave's protocol, driving innovation, and fostering collaboration across the decentralized finance landscape. Category: Protocol Date of launch:2017 Founder:Stani Kulechov Link to the CoinMarketCap:https://lnkd.in/et6rWTjh Link to the Website:https://lnkd.in/eCvcskjM 🚀💰 #Aave #DeFi #BlockchainInnovation

Ticks are like price points on Uniswap’s liquidity curve. Each tick represents a 0.01% price change. It’s how Uniswap allows liquidity providers to concentrate their funds in specific price ranges. Pretty neat, huh? But here’s where it gets interesting. How do you think Uniswap represents these prices internally? Regular decimals? Integers? Nope!!! Enter Q64.96 numbers world... Check out my article: "Uniswap’s Q64.96 Explained: Essential Security Tips for Hook Developers" https://lnkd.in/dyMecFmQ