July 25, 2024
Hypernative News

Jellyverse Switches on Real-Time Protection for Defi 3.0 With Hypernative

Jellyverse is joining the ecosystem-wide security umbrella offered in partnership between Hypernative and the Sei network.

Hypernative

Hypernative is proud to announce that our real-time threat detection and response platform is now helping secure Jellyverse, which is building the future of decentralized finance on the Sei blockchain by merging the power of DeFi and real-world assets (RWAs).

Jellyverse, Balancer’s exclusive partner on Sei, has recently launched its JellySwap decentralized exchange, JellyStake staking offering and is developing a synthetics protocol where users can create tokens and track price feeds of RWAs, including stocks to commodities. Jellyverse's community-governed DeFi ecosystem is powered by $JLY, a governance and utility token.

Jellyverse is joining the ecosystem-wide security umbrella offered in a partnership between Hypernative and Sei that covers a broad range of attack surfaces and risk vectors including bridges, internal infrastructure smart contracts, multisig wallets, treasury and token allocations, and more. Projects building on Sei get access to the Hypernative Platform and receive assistance in configuring and setting up security monitoring and prevention flows.

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. The 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.

The 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. The Platform detected 99.5% of hacks last year with less than 0.001% false positive rate and saved more than $100M of customer funds to date.

Jellyverse joins over 100 Web3 projects that rely on Hypernative’s real-time enterprise-grade platform that monitors over $37B worth of digital assets across 40 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.

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