Pinto Extends Protocol Security With Hypernative

Pinto, a censorship-resistant low-volatility money protocol, will be leveraging Hypernative's real-time threat monitoring and response solution to maximize its security for the foreseeable future.

Pinto was deployed in November 2024 as a successor to Beanstalk, a permissionless fiat stablecoin protocol. Building on the full Beanstalk ecosystem code base, Pinto restructured the original Beanstalk debt to push the envelope on solving the stablecoin trilemma. Hypernative has worked with Beanstalk for years and, as operations expanded with Pinto, the security coverage expanded with them.

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Hypernative has consistently demonstrated best-in-class preventative security services in DeFi. After years of working with them to secure Beanstalk and Pinto, we are excited to expand their security coverage of both protocols and extend our collaboration.
Ben Weintraub
Co-creator @ Pinto & Beanstalk

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By tapping into the Hypernative Platform's continuous monitoring, high-accuracy alerts, and automated response capabilities since its November launch, Pinto has provided best-in-class active security for its users. As part of the partnership extension, Hypernative will continue to assist with:

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• setting automated operational procedures;
• creating pre- and post-incident measures;
• detecting threats and issuing alerts in real time;
• providing incident response;
• identifying exploit root causes and suggesting monitoring methods & real time mitigation actions;
• war room management;
• community communications and post mortem.
  
  

Hypernative and Pinto are also considering an even deeper security collaboration, to be announced at a later date.

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"As stablecoins boom, Pinto is proving there’s another path: low-volatility money that values censorship resistance and resilience over perfect pegs. With Hypernative securing the protocol in real time, we’re excited to push this experiment forward and show what network-native money can look like."
Gal Sagie
Co-founder & CEO @ Hypernative

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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 $2B of funds to date.

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Pinto is just one of over 250 Web3 projects that rely on Hypernative’s real-time enterprise-grade platform that monitors over $100B worth of digital assets across more than 70 chains. The list includes Amber, Aptos, Balancer, Blockdaemon, Chainlink, Circle, Consensys, Ethena, eToro, Galaxy, Kraken, Linea, Morpho, Quantstamp, Reown, Solana, Starknet, and Uniswap.

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

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Secure everything you build, run and own in Web3 with Hypernative.

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