counterparty risk

Holding funds on a centralised exchange exposes you to counterparty risk from the exchange's own operations.将资金存放在中心化交易所会让你暴露于来自交易所自身运营的对手方风险之中。

DeFi's non-custodial design eliminates counterparty risk from human actors but introduces smart contract risk instead.DeFi 的非托管设计消除了来自人类参与者的对手方风险，但取而代之的是引入了智能合约风险。