The first DeFi hack mitigation tool for token creators.
Lossless Protocol freezes fraudulent transaction based on a set of fraud identification parameters and returns stolen funds back to the owner’s account.
Our code detects fraud, freezes and reverses stolen funds.
Token creators insert Lossless code into their protocol to mitigate the losses suffered from exploits & hacks.
Lossless API allows hack-spotting bots to detect and freeze fraudulent transactions, securing rewards for the bot’s creator.
The Lossless committee overviews frozen transactions, validates fraud and makes a decision to freeze the receipt address permanently.
Reversing stolen funds
The committee enacts a proposal for transaction reversal, and the code reverts stolen funds back to the owner’s address.
Two levels of loss mitigation.
A community of white hat hackers build hack-spotting bots, scan transactions and freeze hacks using the Lossless dashboard.
Lossless Decision Making Body
The affected token’s creator, the Lossless committee and independent third-party auditors validate a hack and take action to revert stolen funds back to their rightful owners.
How we mitigate hacks.
Our stake-based reward system incentivizes the community to develop increasingly efficient hack-spotting mechanisms - the spotter who took action first gets the reward.
Designed by the
minds behind Wix.
Transparent reward system
Guarantees high levels of participation and innovation
An intuitive dashboard gives access to perform manual transaction overview.
Lossless Committee Establishment
Lossless Solidity Standard
Public Security Audit
Lossless Hack Monitoring Toolkit
Loss Token Governance
Lossless Platform Launch
Out-Of-The-Box Token Relaunch Toolkit
Wrapped Major ERC-20 Tokens With Lossless Code (L-BTC; L-ETH)