Hexagate Enhances Developer Security on Base: Building Secure Developer Applications for Onchain Builders

Hexagate is partnering with Coinbase to provide access to real-time security threat detection and risk analytics to every app and protocol built on Base. This partnership is a significant step towards enabling developers to build the most secure apps and protocols on Base.

Hexagate: A Leader in Web3 Security

Hexagate was founded with the mission of providing Web3 organizations with the tools they need to protect their users from financial losses stemming from cyber and financial exploits. Hexagate offers a Web3 threat prevention and risk intelligence platform that acts like "run-time security" for chains, bridges, protocols, and asset managers. The company secures over $50 billion in total value locked (TVL) across multiple chains and has earned the trust of big names in the industry, such as Coinbase, EigenLayer, Securitize, Uniswap, Consensys, Linea, Immutable, Polygon, and many others.

Hexagate's Expertise Benefits Base

Over the past year, Coinbase has partnered with Hexagate to strengthen the security of the Base L2 chain through a comprehensive onchain monitoring framework. This framework, powered by Hexagate's Web3 security platform, safeguards Base's operational integrity against various potential threats, including cyber exploits, suspicious contract operations, account balance issues, abnormal state changes, invariant violations and more. 

Coinbase utilizes Hexagate's capabilities to proactively detect security risks, a capability recently demonstrated in a SEAL wargame simulation. In a commitment to enhancing onchain security across the industry, Coinbase and Hexagate intend to share their L2 security best practices with the broader ecosystem in the near future.

Shashank Agrawal, Blockchain Security Engineering Manager at Coinbase, says “Hexagate’s collaboration with Coinbase will help us further strengthen the security of the Base ecosystem. Hexagate brings access to real-time threat monitoring and analytics for every app and protocol on Base, at no cost."

Empowering Base Builders with Hexagate

Coinbase is now making Hexagate's platform available to all builders on Base at no cost. This will allow builders to find threats early and take steps to reduce risk. Base builders will have access to Hexagate's Ecosystem Tier, which includes:

• Real-time, ML-based threat monitoring for up to 10 contracts on Base — plus 5 custom monitors for known threats for these contracts for free
• Real-time alerts that can be forwarded through channels like Slack, Telegram, or email
• Documentation and tutorials on setting up monitors, triage alerts, and responding to incidents.

Starting today, anyone can apply for the Hexagate Ecosystem Tier here.

Building a Secure Onchain Future

The partnership between Coinbase and Hexagate is a major step towards enabling developers to create and build more secure and robust apps and protocols on Base. Coinbase and Hexagate are working together to provide real-time threat monitoring and risk analytics that will empower developers to innovate with confidence. Both companies are excited to build a secure onchain economy that fosters creativity, innovation, and freedom.

‍

*Please note that all services and tools are provided by Hexagate, and Coinbase and its affiliates assume no liability for their use or performance.

‍

‍