Curve founder criticizes frequent vulnerabilities in DeFi: single points of failure pose a hidden danger, calls for unified security standards.

Curve founder Michael Egorov stated in an article on the X platform that DeFi will remain the future of the global financial system, but recent security incidents, many of which could have been avoided (due to centralized single points of failure), are severely damaging the industry's development. He cited the Aave and rsETH incidents as examples, pointing out that while multiple parties claimed the "system was operating normally," users were unable to withdraw funds, exposing infrastructure dependence and issues of dispersed responsibility. Egorov emphasized that the industry should mitigate single points of failure risk beforehand and disperse trust when unavoidable, while sharing best practices and security experiences. He called for the establishment of unified DeFi security standards and suggested that ecosystem organizations, including the Ethereum Foundation and the Solana Foundation, take the lead in developing principles and standards for building and verifying security.