Hypernative
Date/Time
21.5.2024
16:00

ZeroLend Enhances Protocol Security in Partnership With Hypernative

The leading Layer 2 lending platform is adding real-time threat monitoring and response to protect its $346 million market

Hypernative is partnering with ZeroLend to protect the leading Layer 2 lending market with the most trusted real-time threat monitoring and response solution in Web3.

ZeroLend's decentralized non-custodial liquidity market has emerged as the most efficient and dominant lending platform on Linea, zkSync, Blast, and Manta. As one of the fastest-growing multi-chain lending protocols, ZeroLend focuses on Liquid Restaking Tokens (LRTs), Real World Assets (RWAs), privacy, and account abstraction.

ZeroLend is tapping Hypernative Platform's continuous monitoring, high-accuracy alerts and automated response capabilities to protect its $346 million market with more than $209 million of value locked and over 457,000 unique addresses. As part of the partnership, Hypernative will also assist with:

  • setting standard 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 remedies;
  • war room management;
  • community communications and post-mortem.

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 over 25 chains, covering 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.

ZeroLend joins over 80 leading Web3 projects that rely on Hypernative’s real-time enterprise-grade platform that monitors over $37 billion worth of digital assets across 25 chains. The list includes Karpatkey, Starknet, Flare, Messari, Chainalysis, Circle, Galaxy Digital, Ether.fi, Radiant Capital, 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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