Hypernative provides a real-time monitoring platform that utilizes AI to detect and prevent a wide range of web3 security threats before they can cause damage. By automating alerts and on-chain responses, the platform significantly reduces the risk of exploits, having detected 99.5% of hacks in 2023, saving over $500 million in potential losses.
Funding
$16M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
QFounders
Product
Problem
Web3 protocols and decentralized applications (dApps) are vulnerable to a wide range of security threats, including exploits, hacks, and malicious transactions, which can result in significant financial losses. Traditional security measures like audits and bug bounties are often insufficient to prevent real-time attacks. The reactive nature of these measures leaves Web3 projects exposed to zero-day vulnerabilities and sophisticated attack vectors.
Solution
Hypernative offers a real-time threat detection and prevention platform that utilizes AI to identify and mitigate Web3 security risks before they result in damage. The platform monitors on-chain data and off-chain sources to detect a wide range of threats, including zero-day exploits, frontend hacks, and state actor attacks. By providing automated alerts and enabling on-chain responses, Hypernative allows protocols, chains, and funds to proactively safeguard their assets and protect their users from financial losses. The platform's high accuracy and low false positive rate ensure that security teams can focus on genuine threats, minimizing operational overhead.
Target Audience
Hypernative targets Web3 protocols, Layer-1 and Layer-2 chains, DeFi projects, NFT platforms, crypto funds, and other organizations that require robust, real-time security solutions to protect their assets and users from evolving threats.
Features
- Real-time monitoring of on-chain transactions and off-chain data sources for comprehensive threat detection
- AI-powered anomaly detection to identify suspicious activities and potential exploits
- Automated alerts and on-chain actions to mitigate threats before they cause damage
- Security Oracle that prevents malicious interactions without degrading user experience
- Address Screener to identify and assess risks associated with specific addresses across multiple chains
- Support for a wide range of Web3 protocols, chains, and assets
- Customizable dashboards and reporting tools for security teams to track and manage threats