Safety Check

Security is essential when interacting with any DeFi protocol. Use this checklist to protect your funds when using SNAP.

Before you act

• Verify all contract addresses from official sources.

• Confirm the site URL matches the official domain.

• Use a hardware wallet for larger balances.

• Limit token approvals to the minimum required, and regularly revoke unused approvals.

Common risks

• Smart contract risk: Bugs or vulnerabilities may exist in deployed code.

• Market volatility: Rapid price swings can affect position value.

• Liquidity migration: Shifts in liquidity may increase slippage.

• Operational issues: Bridge errors, RPC downtime, or wallet mismanagement can cause disruptions.

Best practice

Only commit funds you can afford to lose, and stay informed through official communication channels.