Merkle Science, a predictive platform for crypto risk and intelligence, has announced that it has now expanded its support to over 1.2000 ERC-20 tokens. This additional coverage allows users to have better visibility in a significant portion of DeFi space, allowing them to track cash flows through some of the most popular DeFi tokens and stable coins.
Some of the added tokens included 1inch (1INCH), BitBase (BTBS), Bean Protocol (BEAN), Compound USD Coin (CUSDC), DeFIRE (CWAP), DeFinity (DEFX), Huobi BTC (HBTC), NFTrade (NFTD), Unify (NIF), Orion Protocol (ORN), Wrapped BTC (WBTC), Compound Dai (CDAI), Solidity (SOLIDITYLABS), Baby Shiba (BABYSHIB), Badger DAO (BADGER), DAO Maker (DAO), Cream (CREAM) , MoonSwap (MOON), Wrapped Ether (WETH), DeFi Chain (DFI), with a complete list that can be found here.
“As the DeFi sector grows, fraud activities also continue to grow – both in scope and complexity. In 2021, the amount of cryptocurrencies stolen through DeFi platforms was $ 2.2 billion, an increase of 1,300% compared to 2020. To that end, Merkle Science is accelerating product development and adding host DeFi tokens and stable coins to our crypto risk and intelligence prediction platform. This will allow users to observe transaction activities and addresses that are likely to be associated with previously undetected criminal activities. Our rapidly expanding universe of covered digital assets provides us with broader datasets that enhance our capacity to track transaction activities. ”
– Merkle’s science team
Merkle Science offers a package of solutions for monitoring blockchain transactions, click here to learn more.