Altitude Upgrades Protocol Security With Hypernative

Altitude, a protocol dedicated to helping users get the best borrow rates in DeFi, is upgrading its security with Hypernative's real-time threat monitoring and response solution.

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DeFi borrow rates vary and constantly fluctuate across lending pools as they respond to utilization rates. Altitude is a decentralized protocol on Ethereum that optimizes collateralised lending, ensuring both the lowest possible cost of borrowing as well as generating yield from users’ dormant collateral. 

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"Altitude is committed to security, and we take a proactive, all-encompassing approach to safeguarding our users’ assets. After carefully evaluating multiple solutions, we found Hypernative to be the best choice for elevating our security practices to achieve this goal."
Tobias
Altitude, Co-founder

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By tapping into the Hypernative Platform's continuous monitoring, high-accuracy alerts and automated response capabilities, Altitude is adding an active security layer for its users. As part of the partnership, Hypernative will also assist with:

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• 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.

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"Lending and borrowing are the backbone of DeFi, and enhancing capital efficiency in this space has the potential to transform the entire Web3 ecosystem. That’s why we’re excited to partner with Altitude—to protect their users and help fulfill DeFi’s promise of enabling billions to achieve financial freedom."
Gal Sagie
Hypernative, co-founder

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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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Altitude joins over 200 Web3 projects that rely on Hypernative’s real-time enterprise-grade platform that monitors over $100B worth of digital assets across more than 50 chains. The list includes Balancer, Blockdaemon, Chainlink, Circle, Consensys, Ethena, ether.fi, Galaxy, Kraken, Linea, Quantstamp, Solana, Starknet, and Uniswap.

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

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