September 4, 2023
Partnerships

Hypernative Partners with Idle Finance to Optimize the DeFi Landscape

We are thrilled to announce a significant partnership between Hypernative and Idle Finance, two leaders in the cryptocurrency and decentralized finance (DeFi) space.

Gal Sagie

Merging Strengths for a
Safer, Refined DeFi Ecosystem

By merging strengths, Hypernative and Idle Finance are dedicated to shaping a safer, refined DeFi ecosystem. Hypernative's security and risk aversion will enhance asset safety via Idle's yield automation, while Idle's algorithms will help maximize returns and manage risks.

Together, we believe this collaboration will redefine security and efficiency in DeFi, helping users and enterprises optimize idle capital while ensuring utmost protection against cyber threats and economic risks.

About Hypernative

Hypernative is a premier Web3 and crypto security and risk mitigation platform. It is adept at preventing zero-day cyber attacks, identifying on-chain anomalies, and protecting digital assets, protocols, and Web3 applications from major threats. With accurate exploit detection, customized automated playbooks and alerts, and over 200+ risk types, Hypernative has earned the trust of leading chains, projects, and asset managers such as Polygon, Starknet, OlympusDAO, Zetachain, Messari, Quantstamp, Karpatkey DAO, Chainalysis, and more.

Learn more at hypernative.io or follow us on X @HypernativeLabs for the latest news, updates, and research.

About Idle Finance

Idle Finance is a decentralized protocol and Decentralized Autonomous Organization (DAO) that elevates DeFi by reimagining how risks and yields are managed. It enables users to optimize digital asset allocation across top DeFi protocols, whether they want to maximize it or keep tabs on their risk-return profile.

Idle offers two core products:

  1. Yield Tranches: These innovative primitives allow segmenting risks and yields on any DeFi yield source, appealing to a diverse range of users by offering two risk-return profiles: Senior and Junior YTs. Senior holders withhold part of their yield in exchange for funds coverage. That yield is routed to Junior holders in exchange for the coverage given to Senior funds. This way, Senior YTs provide built-in protection, whilst Junior YTs provide boosted returns.
  2. Best Yield Vaults: These vaults are “set-and-forget” strategies that pool deposits together and automatically route them across multiple underlying markets with similar risk exposure to always provide the highest yield available. Junior BYs feature a higher risk and provide boosted returns, in fact they aggregate multiple Junior Yield Tranches. Senior BYs feature a conservative risk exposure and built-in protection, in fact they aggregate top-tier protocols such as Aave and Compound and multiple Senior Yield Tranches.

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Hypernative can protect you from zero-day vulnerabilities, frontend hacks, state actor threats and much more.

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