May 27, 2024
Case Studies

How Re7 Capital Uses Hypernative to Guard Against Emergent DeFi Risks

A case study detailing how Re7 Capital uses Hypernative Platform to monitor over 200 DeFi protocols across 20+ chains.

Hypernative

Re7 Capital uses the Hypernative Platform to monitor various risk vectors in the DeFi market all in one place. The flexibility of the platform allowed Re7 to expand its usage beyond exploit detection to reduce operational overhead and complexity and free up precious technical resources.

Scope

  • 200+ DeFi protocols across 20+ chains
  • 9-figure AUM
  • Exploit detection, price deviation, key contract events, and more

About Re7

Since 2019, Re7 has been providing DeFi liquidity having deployed over $100M of assets. Re7 brings practical experience to risk management from years of managing stablecoin and ETH yield strategies as well as its Liquid Token fund. As DeFi-native managers, Re7 focuses on enabling yield strategies, providing early liquidity to various DeFi protocols and working closely with teams to grow DeFi liquidity while managing risk.

"Having been a DeFi operator for three cycles, we have seen hacks and exploits of all kinds: from smart contract risk to economic attacks and governance takeovers. Hypernative is a best-in-class blockchain monitoring system that delivers even more than promised. Insights from the platform have proved invaluable to managing our portfolios and tracking developing risks in the DeFi space."

Royce,
Research @ RE7

Hypernative Offering

Re7 uses the Hypernative Platform to monitor important information like transfer activity, contract upgrades and potential exploit vectors. This allows Re7 to track the ever-changing DeFi market conditions and stay responsive across their wide range of DeFi positions.

Re7's usage of the Hypernative Platform goes beyond security to leverage the full scope of the system's intelligence and monitoring capability:

  • Exploit detection;
  • Governance changes;
  • Price deviations;
  • Large supply changes;
  • Asset movements;
  • Contract monitoring.

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 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 $50M of customer funds to date.

Over 100 Web3 projects already rely on Hypernative’s real-time enterprise-grade platform that monitors over $37B worth of digital assets across more than 30 chains. The list includes Balancer, Berachain, Chainalysis, Chainlink, Circle, Ethena, Ether.fi, Flare, Galaxy Digital, Karpatkey, Linea, Messari, OlympusDAO, Radiant Capital, Sei Networks, Starknet, Woo Finance, 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.

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

Website | X (Twitter) | LinkedIn

Hypernative can protect you from zero-day vulnerabilities, frontend hacks, state actor threats and much more.

Book a demo