Spot an exploit, stop the attacker, secure the assets. TL;DR: It works!

About a month ago, we deployed 0x5af00b07, our experimental exploit-detecting bot on Arbitrum. It is designed to monitor potential exploits and intervene before any real damage could be done. 

This system recently proved its value in a real-world scenario. Our bot successfully recovered 54k that would otherwise have been stolen from [redacted]. While it may seem like a small victory, this is a huge validation of our approach and fills us with optimism to expand the solution to other networks.

Failed attack:

In this case, the bot was able to frontrun the attacker and secure the assets for safekeeping. After following the procedures defined in the Safe Harbor Agreement and the protocol was secured, the funds were returned to the rightful owners.

This successful recovery highlights how crucial it is to have this last line of active defense. We’re excited to expand our bot’s coverage to other networks and continue refining the detection and prevention algorithms. Our ultimate goal is to reduce the number of successful exploits on EVM blockchains and make decentralized ecosystems safer for everyone.