DeFi had quite a week, Aug 23โ28.
@HyperliquidX pushed AQAv2, Circle launched CCTP V2 on
@Aptos , and
@Revolut started rolling out a euro stablecoin.
But the security side was harder to ignore.
3 incidents, $50M+ in reported losses and liquidations across Term Labs, Pendle and Moonwell.
What caught my attention is that none of this really comes down to "bad cryptography."
Governance, oracles, market parameters, operational controls.
Sometimes the boring parts are where the risk sits.