Manuel Aráoz, co-founder of crypto security firm OpenZeppelin, said that he now considers "all of DeFi" unsafe.
In a Tuesday post on the social media platform X, Aráoz wrote that he has been personally advising friends and family to exit all DeFi positions. This includes lower-risk positions in "blue chip" protocols such as Aave, MakerDAO, and Compound.
Aráoz pointed to the ongoing asymmetry between attackers and defenders in security incidents.
"Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric," Aráoz said. "Defenders need to fix every bug while attackers need just one exploit to steal funds."
The OpenZeppelin founder's comments reflect heightened concerns over DeFi security amid a series of major breaches in recent months.
