An Anti-Sandwich Tool for Ethereum and BSC - With 10,000 $HKLS Airdrop Pool for Beta Users | HackerNoon

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An Anti-Sandwich Tool for Ethereum and BSC - With 10,000 $HKLS Airdrop Pool for Beta Users | HackerNoon
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DeFi security provider, Hackless, is introducing a new tool that helps fight sandwich attacks on BNB Chain and Ethereum. Try safe swaps with AntiSandwich - defi defisecurity

We tasked ourselves with designing a comprehensive security platform that aims to protect the DeFi world from targeted exploits, as well as safely migrate funds from individual wallets and protocols under attack.

As stated in the REKT Database, DeFi protocols have lost $6 billion in total, due to hacks and exploits of different kinds, sandwich attacks included.Between May 2020 and April 2022, a total of 457,691 sandwich attacks were detected with an average ROI above 4%, as calculated by a TarLogic’s report. Why such big numbers? To understand this, let’s dig a little deeper into the mechanics of sandwich attacks.

An attacker buys a certain amount of the same token before a user’s transaction is executed to pump the price.An attacker sells purchased assets at a higher price, pocketing the difference.

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