Chainalysis noted that with more than $2.17 billion reportedly stolen from crypto services in the first half of 2025, protecting decentralized finance or DeFi and web3 protocols from hackers, operational faults, governance attacks, and financial exploits has become more urgent. This requires investment in more proactive prevention, including data security infrastructure, tooling, and collaboration across the ecosystem.
To strengthen the ecosystem, Chainalysis says they are teaming up with blockchain foundations to “not only secure the chains themselves but also offer free access to a tailored version of Hexagate for developers building protocols on those networks.”
Hexagate is described as being a runtime security platform for on-chain environments that detects active attacks and “helps teams stop them before losses occur.”
Where traditional cybersecurity protects servers and clouds, Hexagate “protects smart contracts, transactions, and assets on-chain – the part legacy tools can’t reach.”
Chain security teams face a critical and mission in “safeguarding infrastructure and treasuries.”
Blockchain analytics firm Chainalysis are now pleased to partner with Base, Avalanche, Plasma, MegaETH, Polygon, Cronos, Immutable, and more.
Building a web3 protocol is a significant task.
As a builder, clients must balance a landscape of product innovation, user experience, sustainable tokenomics, efficient onboarding, and scaling.
Yet, the entire foundation rests on security.
It is the single most critical and challenging frontier, where “a single exploit can lead to catastrophic financial losses and destroy user trust.”
Through their partnership with blockchain foundations, they are prepared to offer builders on select chains “tailored access to Hexagate.”
This benefit equips your project with “proactive security infrastructure at no cost.”
For those who are developing on one of the following chains, their project may qualify for free access to Hexagate:
- Base
- Avalanche
- MegaEth
- Plasma
Their collective goal is to build a resilient ecosystem. Hexagate’s commitment to proactive protection and “clear visibility into ecosystem security enhances trust and transparency for all participants.”
By securing individual protocols and the chain infrastructure, they aim to effectively “prevent users from becoming victims of exploits that could impact the wider network.”
Malicious on-chain activity is said to be increasing in overall frequency and complexity.
Chainalysis has now concluded that phishing schemes and various social engineering exploits are a serious issue, and different threat actors are adapting, and so must the defenses.