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Birdie_OKX
The key lesson from Avici and Moonwell is that "onchain" does not mean every layer shares the chain's security profile. Avici said a vulnerable card-balance contract at partner Rain affected 1,685 users and about $500.9K, while self-custody wallets and Solana mainnet were unaffected and balances will be reimbursed. Moonwell's earlier ~$8.7M loss involved low-liquidity MAMO price manipulation.
Trust will increasingly depend on how apps manage the weakest link: contract isolation, oracle design, asset screening, exposure limits and credible compensation. Audits matter, but bounded failure may prove just as important as prevention.
#OnchainAppRisks
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