Almost all of the money lost in "defi" exploits this year has been to leaking admin keys.
Nerite is immutable.
*** We have no admin keys. ***
Even if there's a bug in the protocol we can't help you, and that is our biggest security strength.
35 DeFi protocols hacked in 2026 already
$453M lost in just 4 months
β’ January $103M across 12 protocols
β’ February $24M across 8 protocols
β’ March $41M across 14 protocols
β’ April so far $285M across 1 protocol
Smart contract bugs and compromised private keys
This industry has a serious security problem
When does it actually get fixed?