Exploit mitigation refers to strategies and techniques used to minimize the risk of security vulnerabilities in blockchain systems and applications. As these systems involve financial transactions and sensitive data, ensuring their security is crucial.Common exploit mitigation methods include regular code audits, which help identify and fix potential vulnerabilities before they can be exploited. Another important approach is the use of formal verification methods, ensuring that smart contracts behave as intended through mathematical proofs.Developers might also employ multi-signature wallets, requiring multiple approvals for transactions, thereby reducing the risk of unauthorized access. Limiting access to sensitive areas of the code and using up-to-date libraries and frameworks can help close off potential attack vectors.Additionally, implementing robust monitoring systems allows for real-time detection of unusual activity, enabling a quicker response to potential threats. Overall, these strategies work together to create a more secure environment, protecting assets and maintaining user trust.