Is DeFi actually safer than exchanges?

Ceteris: “When you’re depositing your capital into the DEX... it’s not like you’re purely self custody at that point.

So you have a bunch of money in Hyperliquid and there’s a bug in Hyperliquid and all the USDC gets drained...

Circle had a number where they would freeze. Apparently, $800 million is above the number.

If it happened to Hyperliquid, hopefully that would be frozen extremely quickly too.”

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