What it means

Approvals are common in swaps and DeFi apps.

Why it matters

Risky or unlimited approvals can expose funds if a contract is malicious or compromised.

Related pages

Continue with Revoke approval or return to the crypto glossary.

How to use this term

Use token approval knowledge before connecting a wallet to DeFi apps or swaps.

What to check

Check what token, spender and limit you approve, then revoke permissions you no longer need.