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Glossary

Circuit breaker

A control that halts or throttles a protocol’s operations when activity crosses a predefined threshold.

Why it matters

Most large losses are extracted in minutes. A cap on outflow per interval, or a pause that a guardian can trigger, converts a total loss into a partial one — at the cost of introducing an address that can stop the system, which is itself a power worth knowing about.

What you can check

If a pause function exists, who may call it and whether that authority is a single key, a multisig or a governance vote are all readable on-chain. Documentation should state what conditions are expected to trigger it, and what unpauses it.

Not advice. Definitions are for understanding, not instruction. Nothing here is financial, legal, tax or security advice.