Solana dev shop Anza aims to double blockspace and enhance efficiency in 2025 through incremental upgrades like improving the Agave client, scaling Turbine, and adopting a faster hashing algorithm. 

The S&P 500 gained 0.49%, driven by a tech rebound after a weaker inflation report. Gold rose 0.63% to $2,933, driven by safe-haven demand, Fed rate cut bets, and central bank buying, with $2,950 as the next target. The Coindesk Indices, which tracks the broader crypto market, rose by 1.87%, with Bitcoin and Ether down by 0.22% and 2.38% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is TIA, up 12.1% following Citrea’s launch of bitcoin appchains with Celestia integration.

Celestia (TIA), launched in May 2017, is a modular blockchain network that provides a secure data availability and consensus layer, enabling blockchains to publish transactions and operate efficiently. 

, leveraging Celestia for scalable data availability while maintaining Bitcoin’s liquidity and security. The deployment of BlobstreamX enhances secure DA proofs for Bitcoin applications, reducing fees and increasing transactions. Developers can now build and test custom OP Stack rollups using Citrea’s detailed guide.

Check out the latest prices, charts, and data of 

Solana dev shop Anza aims to double blockspace and enhance efficiency in 2025 through incremental upgrades like improving the Agave client, scaling Turbine, and adopting a faster hashing algorithm. The block limit will rise from 48M to 50M compute units, while further optimizations are expected as Solana’s read layer undergoes an overhaul.

Yesterday, BTC Spot ETFs saw $60.4M in net inflows, with GBTC losing $11.8M while non-GBTC funds gained $72.2M.

, backed by Polygon, Spartan Group, and HashKey, has launched its Loyalty Points Program, where users can earn Moon Beams by completing tasks and securing a spot in the confirmed airdrop. To participate, users must join the dashboard, claim badges, and complete regular tasks, with no cost to join.

Beginner

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Anza’s 2025 roadmap boosts Solana efficiency and blockspace

Goggles (GOGLZ) is the top Sonic meme coin skyrocketing in value, driven by community hype and Solana’s turbulence. Discover its rise, NFT launch, and future.

In recent weeks, things have been turbulent for the 

, especially for some of its meme coins. Toward the end of February 2025, Argentina-linked Solana-based meme coin 

 (LIBRA) underwent a catastrophic drop of over 95% of its value, which caused nervous ripples in the crypto market. Other 

 that have brewed controversy recently are HARRYBOLZ and VIGI, both of which also saw rapid price plunges after skyrocketing in value.

Due to this turbulence on Solana, crypto enthusiasts and investors have been looking for alternative chains with potential trading opportunities for meme coins. One such chain is 

 (formerly Fantom), which is viewed as a potential alternative, leading to the emergence of various meme coins.

 on Sonic is Goggles (GOGLZ), an ideal choice for fun-loving investors.

What is the Goggles crypto token (GOGLZ)?

 (GOGLZ) is a Sonic-based meme coin that uses humor to engage its community and drive adoption.

 Its mascot is a fun-looking blue penguin who wears goggles and a cape. The project has a vibrant community on X and Telegram, and currently ranks at the top among Sonic meme coins in terms of liquidity, with a market cap of $3.25 million (as of Mar 12, 2025).

GOGLZ has a maximum supply of 32,285,420 tokens, all of which are in circulation. Its 

 are locked on the Sonic chain. The team behind Goggles has renounced its smart contract address, which means they've given up ownership of the contract. Hence, it can't be modified.

You can buy GOGLZ on Sonic through various DEXs on the chain, such as Shadow, SwapX and Equalizer. In addition, you can 

 or from any EVM-compatible chain. To bridge, connect your wallet and set the destination chain as Sonic. Proceed to select 

Fantom rebranded to Sonic in August 2024. Since then, Sonic Chain has been making waves in the crypto space by offering high speeds (it can process up to 10,000 

 with instant finality) without sacrificing 

Unlike Solana, which operates using its own unique architecture, Sonic allows developers to seamlessly migrate Ethereum-based applications while benefiting from its ultrafast processing speeds. This blend of speed and accessibility — coupled with the familiarity of the EVM — has positioned Sonic as a top contender among developers. Sonic also offers low fees, fast finality and a robust liquidity ecosystem, making it an attractive alternative for traders looking to escape congestion and inefficiencies on other chains.

Meanwhile, Solana’s reputation has taken a hit. Recent reports assert that Solana has become a hotspot for 

 and illicit activity, leading to a 40% drop in active users. Many traders and developers are now questioning the long-term reliability of the Solana ecosystem, especially as capital outflows from Solana continue.

In a surprising turn of events, Goggles (GOGLZ), a relatively unknown cryptocurrency, experienced a remarkable price surge beginning in mid-February 2025. The token, which had been trading at modest levels for months, skyrocketed seemingly overnight, capturing the attention of traders and analysts worldwide.

The rally began around Feb 15, 2025, with an initial 80% jump in value within 24 hours. This momentum only intensified in the following days, with the GOGLZ token gaining over 500% by the end of the month.

Coincidentally, while GOGLZ was surging, LIBRA and other Solana-based meme coins were tumbling, leading to a heavy capital outflow from the Solana network. As these coins’ investors moved out, GOGLZ was one of the meme coins that gained from the outflow.

Goggles has also recently launched its own NFT collection, GOGGLES.EXE. Within just 24 hours of its launch on Mar 7, 2025, the collection rapidly shot up among top NFTs in terms of trading volume on the Sonic-based Paintswap NFT marketplace, further bolstering investors' confidence in GOGLZ.

As of Mar 13, 2025, GOGLZ's current price is $0.128, an 80.5% drop from its all-time high of $0.65 on Feb 21, 2025, and a 170.6% rise from its all-time low of $0.047 on Jan 27, 2025.

Price prediction platforms are conservatively bullish on GOGLZ’s price. According to technical analysis by crypto forecasting platform CoinCodex, 

 of $0.16 in 2027 and gradually increase to $0.57 by 2030.

Another price forecasting platform, DigitalCoinPrice, 

 $0.46 by 2027 and increase to $0.69 by 2030.

Note that these price predictions are not investment advice, and they don't guarantee the future price of GOGLZ. We highly recommend 

 (DYOR) before investing in GOGLZ or any other meme coins.

Goggles (GOGLZ) has captured the crypto world’s attention, skyrocketing from nowhere to dominate the meme coin space in a matter of weeks. What began as a meme coin has evolved into a movement fueled by speculation and social media hype.

As Sonic continues to shape up to its potential as the key player in the crypto industry, Goggles (GOGLZ) is emerging as a cultural phenomenon that blends humor and community-driven momentum. Nevertheless, given the volatility of the crypto market and the relative newness of this token, is Goggles just another flash in the pan — or could it grow to be the top meme coin on the Sonic blockchain?

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Goggles (GOGLZ): The meme coin igniting the Sonic boom

In our latest Learn 101 livestream session, crypto experts shared insights on the surge in altcoin ETF applications and whether they could spark a bull run.

Several top altcoins are projected to be available via altcoin ETFs. This presents great opportunities for new investors to get into cryptocurrency, and for established crypto traders to trade in different ways. Given the decline in the crypto market recently, many wonder if altcoin ETFs will break the trend and trigger a bull run. In the 21st episode of our 

 provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Mar 11, 2025, were two distinguished guests: Paz Gonzalez, Trader and Founder of 

 magazine; and Kendrick, Product Manager at Bybit. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores 

Litecoin, XRP, Polkadot Spot ETFs: Game-changers — or another non-event?

With Bitcoin’s price dropping substantially in recent weeks, traders are turning to altcoins for potential opportunities. Can altcoins revive the crypto market — or is this just another wave of hype?

Several new ETF applications have been submitted to the SEC for 

 and Dogecoin. Paz Gonzalez sees this trend as a reflection of past crypto cycles, while Kendrick is particularly bullish on XRP and Solana. Given XRP’s legal battle with the SEC last year (in which a federal judge ruled in Ripple Labs’ favor), Kendrick believes XRP has an edge over other altcoins when it comes to ETF approval. Numerous investment firms have already filed for XRP ETFs, and its use as a payment solution gives it strong real-world utility.

Kendrick notes that Solana (SOL) is the next-strongest contender. It boasts more use cases than XRP, but lacks the regulatory advantage and sheer number of ETF applications. Meanwhile, critics point to Solana’s relatively small validator set and to concerns over its potential centralization.

Paz Gonzalez agrees with Kendrick that XRP is the most likely crypto asset to receive the first spot ETF approval. However, she sees Litecoin (LTC) as next in line. Often referred to as Bitcoin’s “little sister,” Litecoin has long been positioned as a payment-focused cryptocurrency.

Speculation, barriers to institutional acceptance — andhype

Retail speculation tends to be higher for altcoins than for Bitcoin, and Gonzalez attributes the recent surge in altcoin activity to this trend. pointing out that institutions have historically been cautious and have taken years to fully embrace Bitcoin. Before backing altcoins, they need to see substantial trading volume and a shift in market sentiment.

Kendrick predicts that the altcoins currently being considered for ETFs may experience speculative spikes in the short term. He cites Dogecoin’s price surge following ETF-related news, which was quickly followed by a decline. He expects this pattern to hold across other altcoins, but foresees a sustained long-term rise after ETF approvals are finalized.

However, Gonzalez remains skeptical about meme coins securing ETFs, arguing that they lack real utility. The only exception, she suggests, might be Dogecoin — given Elon Musk’s influence and ties to Donald Trump. Even then, she believes an ETF would only be viable if Dogecoin eventually finds adoption as a legitimate payment method, or serves another functional purpose.

Can altcoin ETFs receive the same support as blue-chip crypto ETFs?

Kendrick highlights Bitcoin’s status as the crypto market’s staple cryptocurrency. Even with the rise of altcoin ETFs, he remains confident that Bitcoin will continue to dominate the market.

Gonzalez points out that the introduction of crypto ETFs has created greater regulation and centralization within the crypto market — shifting away from the original principles of decentralization on which cryptocurrency was built. She believes that as more ETFs are introduced and adoption grows, this trend toward regulation and centralization will only accelerate.

According to Gonzalez, the primary purpose of crypto ETFs is to bring institutional investors into the crypto space. Moreover, she notes that ETFs serve as an entry point for retail traders. Many traditional investors are hesitant to put their money into an industry that still operates in a legal gray area, thus making regulated ETFs a more appealing option.

Traditional investors typically take a conservative approach, prioritizing diversification in order to manage risk. Kendrick highlights the potential for a crypto index ETF, similar to those in the stock market, which often outperform individual stocks over time. He believes it’s only a matter of time before an index ETF is introduced for cryptocurrencies.

Gonzalez reinforces this idea, noting that investing in individual stocks — or cryptos — requires extensive research in order to understand their fundamentals. For many investors, this process can be overwhelming. An index ETF simplifies the decision-making process, offering a diversified and lower-risk approach to crypto exposure.

Gonzalez also brings up the classic trading mantra, “Buy the rumor, sell the news.” She and Kendrick both agree that XRP is a strong candidate for one of the first altcoin spot ETFs. From Gonzalez’s perspective, buying early could maximize potential gains. But even without a potential ETF approval, she sees XRP as a solid long-term investment, and emphasizes the importance of using 

Could ETFs ignite the next bull run? How to position yourself

Recently, both Bitcoin and altcoins have faced turbulence, with altcoin spot ETFs now taking center stage. Gonzalez and Kendrick take a step back to examine the broader macroeconomic landscape. Gonzalez notes that altcoins are moving in sync with the overall market — which isn’t in great shape. While crypto remains a strong and innovative sector, it’s still a niche market, and with the general economy in decline, conditions aren’t ideal for altcoin ETFs in the short term, though they do hold long-term potential.

Many investors have been anticipating a bull run, but Gonzalez cautions against comparing the current market to events of four years ago. The crypto landscape is still evolving, and it’s crucial to adapt. Trying to predict market movements with past cycles in mind isn’t always reliable. Instead, she believes success in a bear market comes down to having the right strategy. For her, that means executing quick buy-and-sell trades to capture small, consistent profits.

Kendrick, however, takes a different approach. He favors a buy-and-hold strategy, supplemented by 

 to hedge against downside risk. He also steers clear of highly volatile tokens unless he’s trading on a short-term basis.

This Learn 101 livestream took a deep dive into Altcoin spot ETFs to consider whether they might be the spark for the next bull run. While they have the potential to shake up the market, the reality is that conditions are still volatile. Investors need to stay sharp, keep learning and adapt to the ever-changing crypto landscape. Whether you're in it for the long haul or playing the short game, understanding the market’s movements is key to making smarter trades.

Intermediate

Bybit Learn livestream: Altcoin ETFs: Bull Run Trigger? featured image

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Learn Live ICYMI: Altcoin ETFs — bull run trigger?

Our monthly report delves into insights from options volatility to inspire your next crypto move.

: February 2025 experienced significant volatility spikes at the start and end, with a calm mid-month period indicating market sensitivity to external factors.

: US president Donald Trump's tariff announcements drove sharp reactions in crypto and traditional markets, highlighting the interconnectedness of these asset classes.

: Despite a trend of decreasing volatility, low levels can precede sharp price movements. Traders must stay informed about macroeconomic developments that could impact market dynamics.

Please check out the report’s highlights.

February 2025 presented a unique landscape for cryptocurrency volatility, particularly for Bitcoin (BTC). The month can be divided into three distinct phases: a volatile beginning, a calm middle and a tumultuous end. At the outset, BTC witnessed significant price corrections due to macroeconomic factors, particularly President Trump’s announcements regarding tariffs on neighboring countries. These announcements triggered sharp reactions within both crypto and traditional markets, leading to a spike in realized volatility.

Midway through the month, however, BTC's volatility dropped to a historically low level of 29%. This period of subdued volatility was notable, as it marked the lowest level of realized volatility BTC had experienced in nearly 18 months. This calm phase belied the underlying tensions in the market, as traders remained cautious but still anticipated further developments regarding economic policies. The low volatility during this period reflected a temporary stabilization, but it was clear that external factors were still at play, creating an environment ripe for speculation.

As February 2025 drew to a close, volatility surged again, largely driven by macroeconomic uncertainty and specific developments in the crypto space. By the end of the month, Bitcoin’s price had fallen below $80K, and Ethereum (ETH) had lost all of its gains since the November 2024 US elections. This dramatic shift underscored the volatile nature of the crypto market, and highlighted the speed with which market sentiment can change in response to new information.

February’s volatility wasn’t merely a product of internal market dynamics: it was also heavily influenced by macroeconomic events. President Trump's tariff policies created significant uncertainty, affecting traditional markets and the crypto space. The market reacted sharply to these announcements, with crypto assets often acting as leading indicators for broader market movements. The initial announcement of tariffs led to a wave of selling, as traders sought to de-risk their positions ahead of anticipated market corrections.

Throughout the month, several key announcements contributed to volatility. For example, the tariffs on steel and aluminum and the uncertainty over their implementation created a speculative environment. Traders were particularly sensitive to these developments, leading to pronounced price movements in both crypto and equities. This interconnectedness illustrates the growing relationship between crypto markets and traditional financial systems, as macroeconomic factors can have profound impacts on asset prices across the board.

The volatility patterns observed during February 2025 also reflect a broader trend whereby external economic factors shape market sentiment. The anticipation of policy changes and macroeconomic developments created an environment of hypervigilance for traders, who were ready to react to any news that could influence market conditions. This heightened sensitivity underscores the need for market participants to stay informed about macroeconomic trends and policy announcements, as these factors are likely to continue influencing volatility in the future.

Persistent sensitivity to external catalysts

Despite a long-term trend of decreasing volatility in the crypto market, February 2025 made it clear that significant macroeconomic and policy-driven catalysts can still provoke sharp price movements. The month began and ended with pronounced volatility spikes driven by uncertainty surrounding Trump’s trade policies, demonstrating that even in a generally declining volatility environment, external factors can have outsized impacts.

Low volatility levels experienced in the middle of February, when BTC's realized volatility dropped to 29%, serve as a reminder that calm periods can be deceptive. The historical context of this floor level indicates that such low volatility often precedes significant reversals. As market participants observed the rising volatility toward the end of February, it became evident that the calm was likely temporary — and that uncertainty was increasing.

Looking ahead, expectations of volatility in the crypto market have rebounded in response to ongoing economic uncertainties. The announcement regarding Trump’s proposed strategic crypto asset stockpile further complicated market dynamics. Initially, traders anticipated new demand for crypto assets, but the clarification that the stockpile wouldn't involve new purchases led to disappointment and a swift decline in implied volatility — a scenario that illustrates the complex interplay between market expectations and actual policy actions.

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Bybit X Block Scholes options volatility report (February 2025): Market braces for imminent volatility

DeFi

Flash loans are surging in popularity. Unfortunately, there are those who seek to exploit this. Here's how to prevent a flash loan attack. Flash loans are surging in popularity. Unfortunately, there are those who seek to exploit this. Here's how to prevent a flash loan attack.

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The way people view and use cryptocurrencies has changed a lot since the development of decentralized finance (

), especially with independent financial platforms offering different types of 

, which in turn provides a lot of value to both borrowers and lenders.

One such loan type that has surged in popularity in the 

 ecosystem is the flash loan, as it allows borrowers to benefit from arbitrage opportunities quickly. It provides the borrowed funds to purchase a crypto asset, sell it, pay back the loan and make a profit.

Unfortunately, while the idea is excellent and works well, there are those who exploit this form of lending. Keep reading to learn more about flash loan attacks — and how to prevent them.

A flash loan attack is an abuse of the smart contract security of a particular platform in which an attacker usually borrows a lot of funds that don’t require collateral. They then manipulate the price of a crypto asset on one exchange and quickly resell it on another one.

The process is swift, and the attacker repeats the process multiple times before finishing and leaving without a trace.

The development of the DeFi lending space has made crypto lending very popular. Because they leverage the full power of currently available technologies, flash loans have become a very appealing form of lending.

The term flash loan describes when a borrower takes a loan without needing collateral. You might wonder: How is this possible? Using a platform’s 

, the whole lending and returning process occurs within a single transaction on the blockchain.

That means that the borrower has to act quickly and return the loan within a short time. If the lender defaults in any way, the whole transaction is annulled as if nothing had happened at all.

The principle is simple and very practical. Unlike traditional, secured loans, you don’t need any collateral, credit score or administration to process an unsecured loan. You can get your hands on large amounts of 

 in a matter of seconds — and use it to your benefit just as quickly.

That’s what some traders on various DeFi platforms are doing. For example, 

 users can get such loans, use the funds on an arbitrage opportunity, give back the loan, and keep the profits.

The borrowing and lending process is automated, and when everything works out, both the lender and borrower benefit from the loan. If anything goes wrong, the transaction is canceled, and there’s no profit for either one of the parties.

Given how the technology is still evolving, DeFi flash loan attacks are currently common. Currently, over 70 DeFi exploits been used to steal massive amounts, to the tune of around

. The trend will likely continue in the years to come, because making a platform’s security impenetrable is a challenging task.

The first challenge comes down to the developer’s inability to cover all of the possible weaknesses, since blockchain technology is fairly new. Another problem is that systems are developed quickly, and a lot of money is in each of these projects. The stakes are high, and many developers try different methods to find the bugs in the system. Some flash loan attackers leverage incorrect calculations of liquidity pools. Still others are miner attacks, or coding mistakes.

Unfortunately, the thing that makes everything possible is also the weakness. 

The challenge with smart contracts is that they have complete control over DeFi protocols. Once the attackers understand how these operate in minute detail, they can manipulate a contract’s shortcomings and use them to their advantage.

That means that DeFi’s security is a delicate balance: the skill of the protocol’s contract creator on one side, and the hacker on the other.

Another vulnerability comes down to the platform’s pricing data. As there are plenty of exchanges worldwide, finding one true price for crypto digital assets is practically impossible. This difference in pricing is what makes arbitrage trading appealing. Following markets is a great way to earn profits, due to legitimate price fluctuations. However, flash loan attacks manipulate prices and exploit the sudden shift in them. 

When the attacker gets the flash loan, they create an artificial sell-off, causing a sharp drop in the price of a crypto asset.

Luckily, there are systems already in place to prevent such abuse of uncollateralized loans. We’ll touch upon that right after we explore a couple of examples of flash loan attacks.

So far, there have been dozens of occurrences of flash loan attacks. Here’s just some of the biggest ones.

C.R.E.A.M. Finance has been under attack multiple times in 2021. One of the biggest heists involved 

. The culprits stole CREAM liquidity tokens, amounting to millions of dollars over an undisclosed amount of time. All the losses are visible 

, and the culprits have yet to be caught.

Luckily, the loophole was only a part of Cream’s DeFi system, as the platform of their merging partner, Yearn Finance, remained safe. As with the majority of DeFi protocol hacks, the attackers used multiple flash loans and manipulated the pricing of the 

With the help of Yearn’s team, the platform quickly patched the vulnerability.

In February 2021, a hack on the Alpha Homora protocol resulted in a loss of 

. The flash loan attacker also used C.R.E.A.M. Finance’s Iron Bank through a series of flash loans. The Iron Bank is the lending arm of the Alpha Homora protocol. 

The hackers repeated the process multiple times until they amassed CreamY USD (or cyUSD), then used the tokens to borrow other cryptocurrencies. The hack was quite complex and involved numerous steps. Essentially, the attacker heavily manipulated the sUSD pool of HomoraBank v2.

They performed a series of transactions and flash loans, allowing them to abuse the lending protocol between HomoraBank v2 and the Iron Bank. You can explore the 

 in greater detail to see what hackers did.

Additionally, they exploited the rounding miscalculation of the borrowing calculations in situations when there’s a single borrower. 

There are cases when gaming the protocols requires the right timing and manipulation of prices. That was the case with a dYdX exploit early in 2020. The attacker used the platform to get the flash loan, then split up the funds and used them on two trading platforms — Fulcrum and Compound.

The first part was used on Fulcrum in exchange from ETH to WBTC. In the process, the Kyber Network got the order in through Uniswap’s 

Simultaneously, the attacker used the second part of the loan on the Compound platform to get a WBTC flash loan. As the price skyrocketed on Uniswap, the attacker quickly made the exchange — and a significant illegal profit.

In May 2021, a hacker put the PancakeBunny platform to the test by stealing close to 

. The hacker first leveraged PancakeSwap to get a big BNB loan. During the attack, the hacker manipulated the BUNNY/BNB and USDT/BNB trading pairs.

After that, a large flash loan provided the hacker with an enormous amount of BUNNY tokens, which he immediately dumped, paying back BNB and disappearing with the profits. The whole ordeal led to a shocking drop in PancakeBunny’s price from $146 to $6.17.

As more attacks keep occurring, security experts are learning more about various flash loan exploits. All the vulnerabilities in the examples mentioned above have been patched, and their occurrences have given birth to two popular solutions.

As most flash loan attacks depend on price manipulation, it’s necessary to counter this approach with decentralized pricing oracles. Good examples are 

. These platforms keep all protocols safe by presenting the accurate pricing of different cryptocurrencies.

For example, DeFi attacks like the one that happened to dYdX won’t be possible because the protocols won’t get their price feed from a single 

Alpha Homora now uses Alpha Oracle Aggregator to prevent history from repeating itself. We’ll see more systems like this as the 

Implementation of DeFi Security Platforms

The DeFi ecosystem uses cutting-edge technologies that are reshaping the outlook of international financial systems. This kind of attention puts a great burden on the whole system.

The good news is that there are already specific platforms which tackle the current security challenges. 

 is the perfect example. Its role in the whole ecosystem is to protect smart contracts and DeFi platforms as a whole.

Aside from smart contract auditing capabilities, solutions such as the 

 provide ongoing protection from flash loan attacks. Developers can use the tool to automate their defense strategies, quickly pausing whole systems and deploying fixes.

That kind of quick response is essential for mitigating the possible damage that a flash loan attack can incur.

Big players such as Yearn.finance, Foundation Labs, dYdX, Opyn, The Graph, PoolTogether and many others are already using the platform to neutralize attacks on their systems.

When everything’s running as intended, flash loans are entirely risk-free. The borrower and the lender can benefit from the transaction if they meet all the smart contract conditions.

From the lender’s perspective, they’re never giving away any money. It’s all artificial and becomes a part of the blockchain information if the borrower takes all of the necessary steps. If the borrower defaults, the same transaction is simply rejected.

The lender still has their funds, and the borrower doesn’t owe any money to anyone.

On the other hand, the borrower can only make a profit. They can use the borrowed funds to make a profit from an arbitrage in the crypto market. If the transaction falls through, the money simply goes back to the lender.

Ideally, the design of the system ensures risk-free, instant borrowing and lending. However, to ensure that everything is risk-free, smart contracts need to cover all of the transaction details. That way, there are no susceptibilities for attackers to exploit.

Therefore, when it comes to flash loans, the biggest risks that currently plague the DeFi ecosystem are data leaks, plus smart contract bugs that allow these attacks.

Even though things aren’t looking perfect now, over time, these systems will ultimately become secure. With platforms such as Chainlink and OpenZeppelin, flash loan attacks will likely become a part of history.

Flash loans are another great addition to the DeFi ecosystem. While they’re currently prone to attack, the tide will turn in the future. 

As developers write better smart contracts, and more systems deploy security tools and decentralized oracles for pricing, we’ll see a decreasing number of attacks coming from hackers.

If you’re thinking about whether flash loans are a good investment, we believe the answer is yes. Remember, there’s always at the very least a low risk of a flash loan attack, so carefully use your cryptocurrencies when lending them on DeFi platforms.

Eager to learn more about DeFi lending? You can find all the specifics in a 

What Is a Flash Loan Attack — and How Do I Prevent It?

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