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How Sayfer Enhances Security in DeFi

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by Giorgi Kostiuk

2 days ago


The decentralized finance (DeFi) sector faces serious risks related to vulnerabilities in smart contracts. As users incur billions in losses, real-time monitoring of smart contracts becomes critically important.

Why DeFi Needs Real-Time Monitoring

DeFi has introduced significant opportunities but has also become a target for high-profile attacks. Since 2020, losses from incidents like bZx and Cream Finance attacks have exceeded $5.7 billion.

How Does Sayfer Work?

Sayfer is a cybersecurity platform providing real-time monitoring of smart contracts, allowing developers to detect potential threats proactively. Key features include event tracking, anomaly detection, and customizable alert rules.

Comparing Sayfer to Other Security Tools

Sayfer stands out by emphasizing real-time threat detection. Unlike many other tools focused on post-incident analysis, Sayfer offers customizable alerts and supports multi-chain operations.

Sayfer offers a crucial layer of security for DeFi projects, enhancing response to threats in real time. The role of such tools in the DeFi ecosystem is expected to grow given the increasing risks and attacks.

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