DeFi has become a key force driving market development since June 2020. It uses blockchain technology to rebuild TradFi, attracting numerous investors with its characteristics such as non-custodial, open, and transparent. The total locked value soared from $800 million in early June 2020 to nearly $190 billion in mid-September 2021, showing remarkable rise momentum.

However, the rapid development of DeFi has also brought many security issues. The De.Fi development team manually verified more than 2,500 cases of fraud and vulnerabilities since 2017, with a total loss of over $1.5 billion. For example, the hacking attack on Polynetwork in August 2021 resulted in a loss of $602 million.
These security incidents have not only caused huge losses to investors, but also hindered the widespread application of blockchain technology. The De.Fi team has also been deceived, with a loss of 1.2 million US dollars due to fraud on the Compounder platform. However, they are not discouraged, but are determined to become a protective force for DeFi, by developing security tools and services to escort DeFi investors. The cryptocurrency market is constantly evolving, with the rise of $DEFI spot trading. On the Gate.io platform, click the link https://www.gate.io/trade/DEFI_USDT to conduct $DEFI spot trading.
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