HAPI Protocol is an on-chain cybersecurity protocol designed to enhance the security of the decentralized finance (DeFi) ecosystem. The primary focus of HAPI is to prevent and notify entities within its network about potential threats such as money laundering, hacking, and other unauthorized transactions of funds. It provides two main services: a notification system for suspicious addresses and a binary risk categorization system.
One of HAPI's key objectives is to become a security standard for various DeFi classes, including DEXs, lending protocols, and derivatives protocols. By doing so, it aims to prevent illicit funds from entering any off-ramp destinations. HAPI achieves this by marking and categorically dividing each address into tiers of potential fraudulence.
At its core, HAPI is a set of cross-chain smart contracts that are embedded into DeFi products. These smart contracts receive information from various sources about suspicious addresses and then automatically share them, serving as an aggregator of illicit addresses. This information is publicly distributed across centralized exchanges (CEXs) and decentralized exchanges (DEXs), enabling these platforms to blacklist suspicious addresses.
HAPI Protocol offers various plans and tools for different user needs, including API access, a terminal for accessing the protocol, and different business plans for more extensive use.
