DeFi Security Fundamentals

The DeFi Security course includes video lectures divided into different modules. You will also find engaging insights from an expert instructor on DeFi security basics and practical examples and demos to help you familiarize yourself with DeFi security concepts effortlessly.  

The target audience for the new course on DeFi security obviously includes anyone who wants to learn DeFi security from experts. However, it is a must-have course for professionals actively involved in the domain of DeFi. For example, smart contract developers, DeFi consultants and advisors, and DeFi investors should highly consider registering for this course. 

The decentralized finance DeFi security course is open to anyone interested in learning about DeFi security. Therefore, you don’t have to worry about fulfilling any mandatory prerequisites to register for this course. At the same time, prior knowledge of DeFi basics and its applications can be helpful before diving into DeFi security. 

The burden of DeFi hacks amounted to almost $1.3 billion in 2021, and within the first half of 2022, hackers have already compromised over $1.6 billion worth of assets from DeFi projects. Therefore, the demand for DeFi blockchain security professionals will increase considerably in the future. The new course on DeFi security can help you gain a competitive advantage with an in-demand skill crucial for DeFi professionals. 

The topics covered in the DeFi security online course include an overview of the basic concepts related to DeFi. After learning the basics, the course dives into common security risks in DeFi projects along with real-world examples of how DeFi hacks exploit security vulnerabilities. This course also shares insights on best practices for mitigating common security risks in DeFi. 

The DeFi Security Fundamentals training course includes professional support from our experts. Learners can reach us at all times to receive expert support and get answers to their queries regarding the course and related topics.  

The DeFi security training course offers the benefit of flexible learning so there is no deadline to finish the course (for as long as you are a professional member). Flexible learning ensures learners can access the course at any time, and from any device they choose. As a result, our learners can find the perfect time and the right environment that is necessary to master the skills of DeFi security. 

The exploits and scams in DeFi have been imposing a major impact on users, especially with over $1.6 billion stolen already in 2022.

The importance of DeFi security becomes clearly evident when you think of the fact that the DeFi ecosystem has almost $50 billion worth of assets locked in different protocols. Therefore, DeFi security best practices are essential for safeguarding your valuable assets in DeFi protocols.  

The different types of DeFi risks include smart contract risks, custodial risks, regulatory risks, oracle risks, and environmental risks. Each type of risk bears distinct implications for the DeFi landscape. For example, the custody risk points out the necessity of third-party services for safeguarding the private keys of users. 

The risks for DeFi blockchain security can also emerge from coding mistakes that can lead to compromised assets worth millions of dollars. Some of the common coding mistakes in DeFi smart contract code include an incorrect number of digits, function permission, or typo errors. A missing or incorrect variable value assignment can also affect DeFi security from the code aspect. 

The overview of DeFi security fundamentals would also draw attention to flash loans and their role in DeFi. Flash loans enable people to borrow large sums of money from a specific DeFi protocol. Therefore, flash loans are more susceptible to price manipulations and could result in compromised assets.