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Beta users can try new tools for free and earn $HKLS rewards.
fighting sandwich attacks
DeFi security providers, hacklessintroduces new tools to help combat sandwich attacks against BNB chains and Ethereum. This solution allows do a safer swap By avoiding public mempools and sending transactions directly to miners.
Leveling up DeFi security
With the rapid development of decentralized exchanges and the increase in hacking, it has become clear that security needs to be improved urgently. In traditional finance this has always been a corporate responsibility, but in DeFi users can and should also contribute.
Hackless has designed security solutions for both DeFi projects and developers, as well as individual users, to protect against targeted exploits, including sandwich attacks.
What is a sandwich attack?
It wasn’t that long ago that Explorers started running sandwich attacks, but it has become a very popular and profitable front-and-backrunning strategy. As published in a TarLogic report, a total of 457,691 sandwich attacks were detected between May 2020 and April 2022, with an average ROI of over 4%.
A closer look at this type of attack shows that, if played smart, performing just two transactions can bring the abuser a substantial profit. To do this, attackers typically monitor the mempool for potentially pinched high-value transactions. Once detected, the attacker creates a purchase transaction of the same token before the user’s transaction to boost the asset price. This will force users to buy the asset at a higher price. Immediately after the user’s transaction is executed, the attacker sells the coin and pockets the difference.
Individual anti-sandwich protection for BNB chains
Consider checking out if you want to exchange assets on the BNB chain without the risk of getting caught and losing money Hackless anti-sandwichesTransactions are not visible in the public mempool, so not only does it provide hackers with a free tool to make them invisible, but it also offers a very easy interface and intuitive experience even for beginners. Simply connect your Metamask wallet, select the token you want to swap with the BNB chain network, and sign the transaction. Once signed, it will automatically be sent to your private miner.
A corporate anti-sandwich run on the BNB chain
Hackless anti-sandwiches Perfect for blockchain projects that focus on the user’s product experience. This solution has already proven effective in a play-and-earn platform that integrates customized Hackless widgets for users.
The Anti-Sandwich widget offers several advantages for DeFi projects.
- User experience is improved and users never leave the platform to exchange project tokens.
- Leverage security while avoiding potential sandwich attacks while swapping.
- smooth integration with NPM libraryand brand customization.
10,000 $HKLS airdrop pool for beta users
Beta users will definitely benefit from getting up early. Not only do they have the opportunity try the service for freeNot only that, but you can also participate in exclusive airdrop activities. shine.
About Hackless
Winner of the 2021 ETHLisbon Hackathon, Hackless offers comprehensive security aimed at protecting the DeFi world from targeted exploits and safely migrating funds from individual wallets and protocols under attack. I have designed the platform. So far, he’s helped save nearly $500,000 for compromised businesses and individual customers.
To learn more about Hackless and how it can enhance your DeFi security, visit project siteJoin the community at discord When telegram.
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