OAuth Scopes
OAuth Scopes are specific permissions defined within an authorization framework that limit the actions an application can perform on behalf of a user. Instead of granting full access to an entire account, scopes allow a user to grant only the necessary privileges, such as viewing account balances or placing limit orders.
This principle of least privilege reduces the impact if an application is compromised or acts maliciously. In the crypto-derivatives space, this is essential for connecting third-party portfolio trackers or tax software without exposing trade execution rights.
It creates a granular security layer that enhances user control over their digital assets. By restricting the scope, users maintain the integrity of their trading strategies and capital.