Lava Network Taps Hypernative to Upgrade Protocol Security

Lava Network is partnering with Hypernative to secure the protocol’s $1M+ in incentive pools, which support critical infrastructure for 40+ chains.

Lava is a marketplace for blockchain infrastructure, which gives participants a chance to earn tokens from different ecosystems. Chains such as NEAR and Cosmos Hub create incentive pools on Lava, which reward LAVA stakers and infrastructure providers for serving fast and reliable infrastructure. Live and upcoming pools amount to almost $2M in ARR, with $1M+ already deposited in incentive pools on the Lava blockchain.

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The first infrastructure rewarded on Lava is RPC (Remote Procedure Call). This is the core set of APIs that allows users and developers to connect and interact with blockchains. Basic actions such as swaps, transactions and checking wallet balances require making an RPC request to an RPC provider. Lava’s incentive pools have already attracted 400+ providers. 

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“Every blockchain needs secure infrastructure and Lava is the provider of that infrastructure across 40+ chains. It makes sense then, that Lava is working with Hypernative to ensure that the network is watertight. Lava is increasingly supporting more chains, hosting incentive pools worth $1M+ and onboarding more LAVA stakers. Security is paramount.”
Omer Mishael 
CTO, Lava Foundation

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Hypernative enhances Lave Network's security with threat monitoring that covers a broad range of attack surfaces and risk vectors including bridges, internal infrastructure smart contracts, multisig wallets, treasury and tokens allocations, and more. Hypernative will also create a risk dashboard and a dedicated support channel for the Lava's team to ensure the protocol's ongoing security.

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"We are very proud to support Lava in its all-important mission to give developers access to any data on every blockchain. Hypernative is the only security solution with the breadth of coverage capable of accommodating Lava's scope of over 40 supported chains."
Gal Sagie
Co-founder, Hypernative

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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 $500M of funds to date.

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Lava joins over 150 Web3 projects that rely on Hypernative’s real-time enterprise-grade platform that monitors over $100B worth of digital assets across more than 45 chains. The list includes Balancer, Blockdaemon, Chainalysis, Chainlink, Circle, Consensys, Ethena, Etherfi, Galaxy, 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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