Hypernative
Date/Time
5.7.2024
16:00

Hypernative: The Security Distributed Secure Service (DSS) on Karak

Hypernative is also building a security cloud application using Karak's DSS

Karak, a universal restaking layer powered by the entire digital economy across every asset and every chain, has integrated Hypernative's real-time monitoring and response platform as its security DSS.

Karak makes providing cryptoeconomic security with any asset easy and empowers developers to seamlessly and securely create innovative infrastructure designs. Karak enables protocols to tap into robust and secure trust networks from day one, significantly lowering the barrier to securing new protocols and eliminating the need to incentivize their own validator sets, making the process of bootstrapping security more scalable, accessible, and affordable.

With Hypernative, Karak will be able to receive real-time alerts about emerging attacks, use onchain response to automatically stop hacks, and use over 200 ready-made templates for mitigating specific market risks. The Hypernative security umbrella also includes protection from phishing and scams, tracking user activity for sanctioned and suspicious addresses, monitoring treasury, governance decisions and token holders, and more.

As part of the partnership, Hypernative will be the security provider and DSS for projects building on top of Karak. Hypernative will also use Karak's DSS to build a security cloud application that will allow many more projects to easily leverage the power of real-time threat monitoring and detection. More details will be announced at a later date.

Smart contracts call for smarter security. Hypernative monitors both onchain and offchain data sources in real time to stop hacks with the fastest and most-reliable threat detection and response in Web3. Hypernative Platform accurately identifies over 200 risk types from smart contract hacks and bridge security incidents to frontend compromises, market manipulations and private key theft.

Hypernative Platform uses battle-tested, sophisticated machine learning models, heuristics, simulations, and graph-based detections to identify threats with high accuracy and give customers precious minutes to respond before exploits can do damage. The system monitors security, technical, financial, governance and other risks. Hypernative Platform detected 99.5% of hacks last year with less than 0.001% false positive rate and saved more than $50 million of funds to date.

Karak joins over 100 Web3 projects that rely on Hypernative’s real-time enterprise-grade platform that monitors over $37 billion worth of digital assets across more than 30 chains. The list includes Balancer, Berachain, Chainalysis, Chainlink, Circle, Ethena, Ether.fi, Flare, Galaxy Digital, Karpatkey, Linea, Messari, OlympusDAO, Radiant Capital, Sei Networks, Starknet, Woo Finance, and more.

Reach out for a demo of Hypernative’s platform, tune into Hypernative’s blog and our social channels to keep up with the latest on cybersecurity in Web3.

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