General DeFi project reviews and protocol security.
View All TagsAbracadabra, the multi-chain lending protocol behind the MIM stablecoin, was exploited in early October 2025 for about 1.7 to 1.8 million dollars. The attacker abused a logic bug in Cauldron V4's cook() batch flow that let the final solvency check be skipped.
In July 2025, a single overlooked detail in GMX's smart contracts drained $42 million in a matter of hours. Countless audits and trusted tools failed to see it coming. For developers and decision makers alike, the most unsettling part was this: the vulnerability was not obvious, yet it was enough to shake one of the largest DeFi protocols.
In the world of Web3, security is everything. Yet, time and again, we see major projects fall victim to exploits that, in hindsight, seem devastatingly simple. The recent hack of the NFT platform SuperRare is a textbook example. A vulnerability in their RareStaking contract allowed an attacker to drain approximately $730,000 in RARE tokens.
Yield farming (a.k.a. liquidity mining) is a DeFi strategy in which users lock assets in protocols—lending pools, AMMs, automated vaults—to earn rewards such as interest, fees, or governance tokens. Farmers constantly shift capital in search of the best returns, so smart-contract reliability is critical. Manual reviews are slow, and many legacy static-analysis tools drown teams in false positives.