What measures can market makers like Wintermute take to prevent losses in DeFi hacks?

1 answers

• Nov 24, 2021 · 3 years ago
  Wintermute, a market maker in the DeFi space, recognizes the need for robust security measures to prevent losses in hacks. They employ a combination of technical and operational safeguards to protect their assets. This includes implementing secure coding practices, conducting regular security audits, and maintaining a strong incident response plan. Wintermute also collaborates with reputable cybersecurity firms to identify and address potential vulnerabilities. By staying proactive and continuously improving their security infrastructure, Wintermute aims to minimize the impact of DeFi hacks and ensure the safety of their assets and users.
  646323