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Another exploit. Another post-mortem. Same mistakes.

DeFi isn’t failing because audits don’t exist; it’s failing because incentives reward speed over survival. Known bugs get deprioritized, governance shortcuts slip through, and composability turns small errors into chain-wide damage.

Crypto feels unusually calm right now, and that’s exactly what’s making traders nervous.

Bitcoin has been pinned around $101K–$103K all week, but beneath the surface, leverage is stacking up. With over $8.5B in BTC and ETH options expiring this Friday, even a small move could trigger outsized reactions.

This doesn’t feel like fear.

It feels like tension, the kind that usually breaks one way or another.