Common SpookySwap Mistakes and How to Avoid Losing Funds
Quick answer: Most losses on SpookySwap come from user errors—wrong network, malicious tokens, excessive slippage, and unsafe approvals. Learn the common mistakes, why they matter, and exact steps to prevent or limit losses. Understand key attack vectors: rug pulls , front-running , impermanent loss , and unsafe wallet approvals. Adopt pre-trade checks, conservative slippage, minimal approvals, and verified contracts to protect funds. Keep tools ready: token explorers, approval revokers, and a recovery plan for accidental swaps. SpookySwap is a popular decentralized exchange on the Fantom network that uses an automated model to match trades—but it’s also a place where avoidable mistakes can cost you real money. This guide, Common SpookySwap Mistakes and How to Avoid Losing Funds, explains the specific errors users make on SpookySwap, why those mistakes lead to losses, and concrete, actionable defenses you can use right away. For quick access, use the offic...