SUI builds security infrastructure for evolving DeFi risks
Summary
Sui is advancing its security approach in decentralized finance (DeFi) by emphasizing the need for ongoing analysis beyond initial audits. Recognizing that applications often update features and permissions after deployment, Sui aims to mitigate security risks by developing tools that monitor changes and assess risks continuously. This strategy is critical as DeFi protocols are interdependent, meaning that vulnerabilities can arise not only from an application’s own code but also from the permissions and governance of shared resources. In response to security incidents faced by various DeFi applications, the Sui Foundation has also established a $10 million fund to enhance the ecosystem's security through builder audits and other initiatives.