Code Audit: Verify third-party audits (e.g., Trail of Bits) and bug bounty programs.
Team Credibility: Evaluate developers’ track record and transparency.
Protocol Metrics: Analyze TVL, tokenomics, and liquidity depth.
Security History: Check past exploits and response efficacy.
Governance: Assess decentralization and community control.
Market Risks: Consider volatility and regulatory exposure.
Prioritize audited projects with robust governance and proven resilience to minimize losses from vulnerabilities.