FORTUSDT
FORT / Tether USD
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Forta is a real-time detection network for security & operational monitoring of blockchain activity. It provides relevant alerts so protocols and investors are able to react quickly to neutralize threats and prevent or minimize loss of funds. Forta monitors over $30 billion in TVL from its users. Projects like Lido, Maker and Compound, among others are already using Forta to monitor their smart contracts. The Forta Network has two main components: Detection bots Nodes Detection bots are pieces of logic (scripts) that look for certain transaction characteristics or state changes (e.g. anomaly detection) on smart contracts across any Layer 1, Layer 2, or sidechain. Nodes run detection bots against each block of transactions. When the bots detect a specific condition or event, the network emits an alert which is stored on IPFS and linked on a public blockchain. Protocols, DAOs, investors and individuals can use Forta to monitor transaction activity and receive alerts on security, financial, operational and governance related events.