AlphaPepe Aims to Prevent DeFi Hacks with Contract-Risk Intelligence

DeFi hacks have sent billions of dollars towards safer custody options, stablecoins, and established protocols. These hacks exposed users to catastrophic losses due to vulnerabilities in bridges, contracts, and compromised keys.

AlphaPepe aims to address the information gap that often occurs before traders understand which permissions or liquidity structures made a protocol vulnerable. The platform's contract-risk intelligence feature appears before users complete a decentralized trade through AlphaSwap.

The damage from DeFi hacks can occur before users are even aware of the vulnerabilities in their chosen protocols. Smart contracts, for instance, may contain malicious or poorly designed functions that can prevent selling, allow privileged wallets to mint tokens, or change transaction conditions after buyers enter.