How HAL and Aldrin are helping to keep crypto assets secure during bear markets By Cointelegraph

How HAL and Aldrin are helping to keep crypto assets secure during bear markets

CryptocurrencyMar 08, 2022 06:00PM ET

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How HAL and Aldrin are helping to keep crypto assets secure during bear markets

Crypto bear markets are known for their downturns and their liquidations for investors who are trading with leverage. On top of that, decentralized finance, or DeFi, projects can become targeted by hacks or suffer rug pulls, leading to enormous losses for investors of their tokens. Now new software seeks to alert investors in real-time about potential risks to their positions.

Users and executives from two such services, HAL and Aldrin, explain. HAL is a Web3 data infrastructure tool allowing companies or traders to track, monitor and trigger data. HAL recently launched simple API notifications on Avalanche (AVAX), which seeks to enable users on the blockchain to automate notifications of risky positions. Meanwhile, Aldrin is the first fully-audited decentralized exchange, or DEX, on Solana (SOL).

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