HAPI – Liquidity Pool Monitoring. Liquidity pools are the targets for… | by Dona Mara | I am #HAPI

Liquidity pools are the goals for exploits and hacks. Pools are often subject to cash outflows and other manipulations that lead to asset imbalances in the pool and unexpected result of trading for a user. Aside from exploits, which by their nature are quite visible and pervasive, there are some events that go unnoticed in the liquidity pools, these include:

• money laundering
• exploits
• Intelligent contract manipulation

Therefore, pool monitoring is a feature that gets to the point allows pre-emptive identification of the risk of manipulation of the liquidity pool, as well as viewing comprehensive analysis about what is currently happening in the specified pool.

With HAPI’s liquidity pool monitoring DeFi protocols (DEXes, Lending Protocols, etc.) are essentially able to track pool activity in real-timeconfigure Alerts for specific events in the pool B. A sharp increase in liquidity in the pool for a specific token or tracking the interaction of a specific address in the pool.

Liquidity pool monitoring is operational Non-invasive by connecting to liquidity pools by accessing RPC nodes. An indexer is used to analyze transactions and display relevant analytics. The data is then visualized using data visualization tools. Notifications can also be easily set up in the dashboard and configured according to the needs of the customer.

The current key figures for liquidity pool monitoring include an extensive data set:

• Total trading volume per token in a pool: sum of all traded amounts
• Total number of transactions by pool
• Number of unique address transactions by pool
• Current LP price by pool
• Liquidity increase through tokens in a pool
• Liquidity reduction through tokens in a pool
• Share increase by pool
• Share reduction per pool
• Total number of system smart contract operations by type (re-deployments, admin calls, etc.)
• Total number of pool configuration actions by pool

Notifications can be attached to each Metric and severity of change for alarm triggering can also be configured. For example, if the deviation from the norm is too large, an alarm is triggered. Specific thresholds can also be applied.

Liquidity pool monitoring covers The following blockchains at the time of writing: NEAR, Ethereum, BNB Chain.

Liquidity pool monitoring has multiple levels of support (business plans). The payment system will be worked out after the tests are completed. Some plans include direct assistance from HAPI Labs, as well as manual investigation and monitoring, and risk identification and reporting.

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