DeFi keeps getting safer, while CeFi faces growing security issues! In 2024, losses in DeFi dropped by 40%, while CeFi losses doubled, to hit $694 million  🤯

Look behind the numbers 👇
https://blog.1inch.io/defi-safer-than-cefi/

Why is DeFi safer?
Open systems = better security. DeFi’s transparency means continuous upgrades and stronger platforms.

1inch boosts security even further with:
🎯 dApp scanning
🎯 Transaction simulation
🎯 Malicious token filtering

💬 “As more time passes, more eyes examine DeFi systems’ code. So, in well-funded systems that have been on the market longer, the risk of a new hack is significantly reduced” – says 1inch Chief Blockchain Officer Mikhail Melnik.