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DeFi audits fail to prevent recent protocol exploits. Despite undergoing multiple audits, two DeFi protocols, Raft Finance and KyperSwap, experienced catastrophic exploits that resulted in the draining of funds. Raft Finance fell victim to an infinite mint bug, while KyperSwap had its liquidity pools drained.

DeFi audits fail to prevent recent protocol exploits. Despite undergoing multiple audits, two DeFi protocols, Raft Finance and KyperSwap, experienced catastrophic exploits that resulted in the draining of funds. Raft Finance fell victim to an infinite mint bug, while KyperSwap had its liquidity pools drained.
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