Everyone fears hacks. But the biggest risks in crypto don't happen in headlines - they happen quietly.
Counterparty Risk
Every CEX, custodian, and bridge holds your funds under their control.
When they fail - you learn that "not your keys" wasn't just a slogan.
FTX, Mt. Gox, and dozens of smaller collapses prove it every cycle.
Liquidity Risk
You can own millions in altcoins - and still be unable to sell.
Liquidity pools shrink fast in fear. Low-volume tokens become prisons.
Paper gains ≠ real gains until you exit.
Smart Contract Risk
DeFi runs on code. Code has bugs.
Exploits hit even audited protocols - Euler, Curve, Ronin, Wormhole.
No audit is a guarantee. Every contract is a probability.
Oracle Risk
Oracles connect the blockchain to reality.
When they fail or are manipulated, massive liquidations follow.
Your vault could liquidate because of a price feed error.
Governance Risk
DAOs are only as fair as their token distribution.
Whales vote. Whales control. Whales change the rules.
Decentralization doesn't mean democracy.
Protocol Rot
Even good projects can decay.
Team exits. Dev activity fades. TVL drops. Security degrades.
Track GitHub commits, not just token prices.
Regulatory Capture
Governments move slowly - but they move.
Stablecoins, DeFi, and DEXs face growing pressure globally.
A compliant project today could be a restricted one tomorrow.
The Hidden Risk Stack
You're never exposed to just one risk.
- Your wallet uses a DEX → contract risk
- That DEX depends on oracles → oracle risk
- Liquidity is thin → liquidity risk
- Bridge involved → counterparty risk
Risk compounds silently. Diversification reduces stacking.