RE: DE-FI Hacks Are On The Rise

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that contracts have been audited (not that this is a guarantee of security)

For the most part, isn't the audit suppose to help check for vulnerabilities and this make it less likely to be hacked? I know it isn't a guarantee and I personally am not using any other Defi platforms besides CUB right now.

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Yes less likely but as more variables are added and connections to different assets and chains are added it opens up new attack vectors. Many of these platforms are also so focused on growth that security gets skimped on as they compete with one another for liquidity

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