The Real-Time Advantage: Security as Strategy

Web3 is a fascinating case study in how open innovation accelerates both progress and peril. The same qualities that fuel rapid development—transparency, composability, financial incentives—also ensure that no vulnerability stays hidden for long. Security in this context isn’t a moat. It’s a treadmill.

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"It takes all the running you can do, to keep in the same place."
Red Queen, Alice in Wonderland

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Web3 security is subject to what evolutionary biologists call the Red Queen Effect: to survive in an environment where competitors, predators, and parasites are constantly adapting, you must evolve just as fast. But the goal isn’t just to keep pace—it’s to get ahead. Real-time threat monitoring offers something biological species have chased for millennia but never achieved: the ability to stay one step ahead of your adversaries, perpetually.

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The Power of Real-Time Monitoring

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Real-time threat monitoring refers to the continuous, automated observation and analysis of blockchain ecosystems, smart contracts, dApps, and related infrastructure to detect and respond to potential security threats or vulnerabilities as they happen. When combined with automated actions, including pausing a contract, moving funds to cold storage, and changing protocol parameters, it provides a proactive approach to Web3 security and allows for swift responses and mitigation strategies, minimizing the impact of exploits.

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Key benefits of real-time monitoring:

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• Early Detection: Real-time monitoring systems can detect suspicious activities, price anomalies, and malicious contract deployments before they escalate into full-blown exploits.
• Rapid Response: Timely alerts can be connected to automated responses onchain to prevent attacks taking place, far faster than human-led interventions could ever hope to coordinate.
• Threat Intelligence: Real-time monitoring provides valuable data and insights into emerging threats and attack vectors, allowing for advancement in security research.
• Reduced Losses: By detecting and responding to threats quickly, real-time monitoring can significantly reduce financial losses and protect user funds.

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The Cost of Falling Behind

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For many Web3 projects, security begins and ends with an audit. While audits are necessary, they alone are not enough. The real battle begins after the audited smart contracts go live, and that's where monitoring solutions come into play. The evolving nature of blockchain technology requires continuous vigilance and there is no substitute for proactive monitoring of emerging threats.

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In 2024, Hypernative detected over $2.2 billion of losses from hacks, exploits, phishing, and fraud—a 22% jump from the previous year. Following the $1.4 billion Bybit hack in February, the industry is on track for another record-breaking year of security failures. Attackers are also getting more sophisticated, with AI rapidly amplifying the scale and speed of threats.

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The consequences of these exploits for individual projects can be devastating. Last year, UwU Lend, Sonne Finance, and Velocore saw their TVL drop 95%+ following a hack and never recover. For Web3 as a whole, an endless string of hacks and exploits undermines trust in the industry and erodes confidence in blockchain technology at a time when the space is poised to break into mainstream use.

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Hypernative: Leading the Charge in Real-Time Monitoring

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Hypernative is at the forefront of Web3 security, offering cutting-edge solutions that leverage battle-tested AI that not only detects, but prevents hacks, exploits, and fraud in real-time.

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Here's how Hypernative makes a difference:

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• Comprehensive Coverage: Hypernative continuously monitors every contract, event, and transaction on 60+ blockchains
• Advanced Analytics: Our platform uses sophisticated algorithms and machine learning to identify suspicious patterns and anomalies in blockchain data that is proven to alert you to an exploit 2 minutes before the first hacked transaction takes place
• Actionable Alerts: Hypernative provides clear and targeted alerts to any channel like Slack, OpsGenie, and more, enabling swift responses to potential threats.
• Automated Actions: Our platform can trigger automated actions, such as pausing protocols, unwinding positions, or moving funds to cold storage in order to mitigate attacks in real-time.

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Real-World Impact: Hypernative in Action

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Hypernative has a proven track record of detecting and preventing Web3 exploits. Here are just a few examples:

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• Oct. 31, 2024 -- Kinetic Market, the premier lending protocol on the Flare Network, was able to save $5M thanks to a detection by Hypernative that alerted the protocol to an exploit in progress.
• Sept. 21, 2024 -- Hypernative detected unusual activity related to one of Olympus DAO's utility contracts. Within 3 minutes early on Saturday morning U.S. time, Hypernative notified the Olympus team, greatly limiting the damage.
• Sept. 24, 2024 -- Clearstar Labs was able to automatically unwind their position in a hacked DeFi protocol, where they were providing liquidity, in time to save funds thanks to an automated exit strategy they had set up less than a week prior.
• March 5, 2024 -- Hypernative's real-time monitoring system detected an attack on WOOFi and notified the protocol, enabling them to pause contracts and save $4M+ in user funds.

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In just two years since launch, the platform has prevented over $2B in losses, detecting 99.5% of hacks with less than 0.001% false positive rate. Today, more than 200 customers rely on Hypernative to safeguard $100B+ in assets, a list that includes Amber, Aptos, Balancer, Blockdaemon, Chainlink, Circle, Consensys, Ethena, eToro, Galaxy, Kraken, Linea, Morpho, Quantstamp, Reown, Solana, Starknet, and Uniswap.

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Web3 rewards speed—of innovation, of capital, of attack. Breakthroughs and break-ins evolve in lockstep. Every optimization invites scrutiny. Every new primitive becomes a test case for exploitation. In this environment, security isn’t a fixed achievement. It’s a continuous practice. Real-time monitoring is not a luxury, but a must.

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Hypernative is committed to empowering the Web3 community with the tools and intelligence needed to navigate this challenging landscape. Contact us today to learn how we can help protect your project and contribute to a safer Web3 for everyone.

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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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