Last year, after the Cetus theft incident.

I published an article titled "Decentralization is Not the Dark Forest," which received 250,000 views.

The day before yesterday, a fan who often plays with Dex points told me that @paradex was also hacked, losing 20,000 USDT. (It wasn't hacked, just a downtime)

I followed up on this incident, and the conclusion is as shown in the chart: user funds are safe, abnormal transactions are rolled back, and involved funds are actively compensated.

It's hard to defend rights. I face gatekeeping in rights protection, project teams either scam me like gate and then use a 50 USDT matrix account to cover public opinion, or it's "soon and soon"—damn, no one is managing this.

And how did the paradex team respond:

No disappearance, no silence, no ambiguity, no overnight issues, no backlog of cases.

You don't even need to defend your rights, just submit the documentation.

$65 USD, 200 accounts, no need to open a ticket, no need to prove losses, the money is transferred directly.

In the era of DeFi summer, my investment principle is that besides narratives and data, a protocol that carries funds must undergo tests to survive to the next round.

Decentralization is not the dark forest, but maintaining reasonable rights and interests in a world of shared governance, ensuring fair rights.

In this era where various TGE projects are everywhere pua, and users are becoming a mainstream way for exchanges to distribute interaction data and show user engagement.

It's truly valuable.