This means that there's ample room for criminal activity as well--which makes it all fascinatingly easy to leverage against someone who doesn't know what they're doing or how risky this type of investment can be.

While DeFi is a game-changer in the crypto space, it is very risky as it has security flaws. Looking at 2021 alone, billions of dollars have been stolen by hackers leaving users and founders rekt. Sadly, DeFi hacks doesn't appear to be stopping soon because there are still criminals in the space.

It then becomes necessary that as a DeFi protocol user, you apply maximum security measures so as to enable you be on a safe side.