Dossier
Bridge exploits
Coverage of Bridge exploits in the Nexus archive.
- DeFi hacks shake institutional confidence as risks outpace yields
Institutional investors are losing confidence in DeFi due to repeated bridge exploits and declining yields that no longer justify the associated risks. Symbiotic's Putiatin highlights the growing concern that DeFi returns are becoming insufficient to offset security vulnerabilities and potential losses.
- The recent bridge exploits are a wake-up call: how are we actually supposed to hedge SOL yield safely?
The article discusses the risks of cross-chain bridge exploits, highlighting a recent incident where hundreds of millions were lost due to a compromised verifier setup. It critiques the fragility of retail DeFi infrastructure on Solana and contrasts it with institutional strategies using closed-door, gold-backed yield systems to hedge volatility without bridging assets.