As of December 2025, on-chain finance is navigating one of its most turbulent periods yet. Liquidity cycles feel increasingly fragile, with sudden outflows exposing the vulnerabilities in overleveraged systems. Market confidence remains cautious, scarred by past rug pulls and unsustainable yield farms. Users have grown savvy, peering behind the allure of sky-high APYs to uncover the hidden risks--impermanent loss, oracle failures, and protocol exploits--that lurk in the shadows. In this high-sta
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As of December 2025, on-chain finance is navigating one of its most turbulent periods yet. Liquidity cycles feel increasingly fragile, with sudden outflows exposing the vulnerabilities in overleveraged systems. Market confidence remains cautious, scarred by past rug pulls and unsustainable yield farms. Users have grown savvy, peering behind the allure of sky-high APYs to uncover the hidden risks--impermanent loss, oracle failures, and protocol exploits--that lurk in the shadows. In this high-sta