The Correct Way to Ensure Wallet Security: Why DEX Robot Products Must Meet Exchange-Level Protection Standards

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【Chain Wen】 Regarding the recent DeBot wallet theft incident, a senior executive from a leading exchange shared their views on social media. He pointed out that wallet mishandling generally falls into a few common scenarios.

When it comes to DEX robot-type products, there is a hidden pitfall—centralization risk of private keys. These products often upload user private keys to servers for storage, either in plaintext or in decryptable form. It may sound like a minor issue, but once hackers compromise the server, the risk level is essentially no different from an exchange being attacked. Therefore, the security standards for such products must be designed at an exchange-level; otherwise, it’s playing with fire.

Self-custody wallets also have their own issues—there could be vulnerabilities in the code, and developers might have malicious intent. On the user side, risks include hacking of computers or mobile devices, and data leaks. Additionally, automated trading strategies often rely structurally on private key custody, and once problems occur, everything is over.

He concluded by emphasizing that the correct development path for wallet security is not choosing between private key security and usability, but ensuring both are well implemented. This is the way forward.

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InfraVibesvip
· 12-29 18:13
Storing private keys on a server—aren't you just asking for trouble? Truly. --- DeBot is nothing new anymore. People keep rushing into it every time, as if nothing has changed. --- If a robot product could truly achieve exchange-level security, wouldn't it be necessary to emphasize it? It shows that it hasn't been achieved yet. --- Self-custody wallets aren't safe, and exchanges aren't safe either. So what the hell am I supposed to do? --- Playing automated trading means betting on luck—that's the reality. --- In one sentence, the security standards for small projects are a joke, that's all. --- Ultimately, it's because private keys are just too hot to handle; no one can truly keep them safe.
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FlashLoanKingvip
· 12-29 18:06
I'm f***ing fed up. It's the same old trick of uploading private keys to the server. It should have been dead years ago. Wait, do DEX bots also need exchange-level security? That would cost a lot of money, and small teams would just drop out. Automated trading is fun for a while, but private key cremation is a bloody lesson. Isn't there enough of that? Honestly, this DeBot incident was well-deserved. Who the hell told you to hand over your keys to others? The problem is users can't tell which ones are truly compliant, it's all just luck. So you still have to manage your keys yourself; being passive only leads to death.
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ShitcoinConnoisseurvip
· 12-28 09:28
Once again, it's been stolen. This time, learn from it and don't throw money into those shady bots anymore. Uploading private keys to the server? That's just telling hackers to come and steal, it's ridiculous. It seems I need to go back to self-hosting, but then I have to be extra careful myself, so annoying. Exchange-level protection? Ha, exchanges have already been hacked before, who can I trust? DEX bot products should have been regulated long ago. Now the risk is ridiculously high. It's better to learn how to securely store your own wallet and not rely on shortcuts. Instead of stressing over these, it's better to research whether the project itself is worth it.
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bridgeOopsvip
· 12-28 09:25
Really, after reading so many news about wallets being hacked, no one seems to learn their lesson... Just toss the private key to the server and it's done? Isn't that playing with fire? This DEX bot setup is a trap. It sounds good as automatic trading, but in reality, you're handing over your vital assets. Just like an exchange, it's fragile—why trust it? It's better to HODL yourself. More tinkering often leads to more issues. I'm now cautiously keeping my assets in a cold wallet—troublesome but at least I sleep peacefully. These developers really need to review security standards properly. Don't always think about rushing to launch. On the user side too, wanting everything automated ultimately makes you the most passive. This logic is truly brilliant.
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ForkYouPayMevip
· 12-28 09:15
Another theft incident, really need to learn from this Just toss your private key to the server and call it a day? That's basically suicidal custody DEX bots seem convenient, but in reality, it's gambling on the team's integrity—playing with fire It feels like there's no absolute security now; choosing any option is a gamble Managing your private key yourself is also risky, handing it to a platform is even more dangerous—it's a dilemma How can there still be people willing to upload their private keys in plaintext? That's so reckless Self-managed wallets are more reliable; even if it's more trouble, it's better than being robbed
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