#黑客攻击与安全风险 Recently focusing on the DeFi moves, a few details are worth pondering.

The UNI burn arbitrage case looks exciting—exchanging 4,000 UNI for $39,500 worth of assets, netting $14,500 profit. But this is a classic example of "front-running," with a high threshold. No visual GUI, requiring self-written contracts for interaction, gas costs need careful calculation, and 99% of retail investors simply can't react in time. Opportunities like this are akin to hacking vulnerabilities—discovery windows are very short, and participants are usually only those with technical expertise.

Even more caution is needed regarding Ondo tokenized stock liquidity magic. On the surface, xTSLA/USDC shows only 0.03% slippage, but actual on-chain liquidity is only $7,000, and real slippage can spike up to 45%. It turns out—liquidity is mainly provided by off-chain makers during US stock trading hours, and almost disappears after hours. What does this imply? The risk lies in custody and execution itself; the costs you pay might not be worth it at all.

From a copy-trading perspective, recent operators are also adjusting. Those focusing on mainstream assets (ETH, BTC) tend to have more stable returns. Chasing DeFi arbitrage or tokenized assets requires a deep understanding of on-chain data and liquidity structures; even a slight misjudgment can trap you.

Advice: If you want to follow such opportunities, you must work with traders who have real-time on-chain data analysis capabilities. Otherwise, just stick to mainstream assets and wait for market logic to truly stabilize. The balance between safety and returns is never equal in the crypto world.