DeFiNovember 18, 2025•8 min read
Understanding DeFi Security: Best Practices
Learn how to safely interact with decentralized finance protocols while keeping your assets secure.
MR
Mike Rodriguez
DeFi Security Expert
Decentralized Finance (DeFi) has revolutionized how we interact with financial services, but it also comes with unique security challenges. Here's how to navigate DeFi safely with your Ledger device.
Common DeFi Risks
- • Smart contract vulnerabilities
- • Phishing attacks and fake websites
- • Impermanent loss in liquidity pools
- • Rug pulls and exit scams
- • Front-running attacks
Best Practices for DeFi Security
Always verify transactions on your Ledger device screen before confirming. The device will show you exactly what contract you're interacting with and what permissions you're granting.
Published on November 18, 2025