DeFi Gaurdian

This project gives DeFi protocols an opportunity to give depositors additional safety guarantees to prevent hacks and minimize losses. We achieve this by tracking the inflow and outflow of tokens and using existing rate limiting heuristics to determine if a transaction is a probable hack.

This smart contract acts like a proxy between the defi protocol and the broader chain. Using this proxy, we can determine if a token outflow is a likely hack. For example in the euler hack, 99% of the TVL disappeared in a few blocks, this is something we can surely detect using smart contracts. Additionally, we created a web app to monitor the inflow and outflows as well as some quick actions for the admin in the even of a hack.

We leverage push notifications to quickly notify the relevant parties.