The rapid evolution of Web3 technology has ushered in a new era of decentralized applications, smart contracts, and blockchain-based projects. However, this growth comes with a significant challenge: security. Web3 builders face constant threats, from vulnerabilities in smart contracts to sophisticated cyberattacks. The lag in traditional code audits and inefficient security processes leaves many projects exposed, creating barriers to innovation and collaboration. Developers and project teams need efficient, reliable, and comprehensive solutions to secure their projects throughout the development lifecycle.

MetaTrust Labs steps in as a game-changer for Web3 security. Combining advanced AI-driven automation with deep expertise in blockchain technology, MetaTrust provides robust security tools and services tailored for developers. MetaTrust ensures that builders can innovate without fear of exploitation, from automated security scanning to intelligent code auditing. By shifting security to the forefront of the development process and offering scalable solutions, MetaTrust empowers Web3 creators to build with confidence and reliability.

What is MetaTrust Labs?

MetaTrust Labs is a leading Web3 security platform focused on providing AI-powered solutions to developers and stakeholders in the blockchain ecosystem. Incubated at Nanyang Technological University, Singapore, the platform brings together world-class security researchers and industry experts to address the unique challenges of Web3 security. Its offerings include automated security scanning, intelligent code auditing, and tools designed to simplify the security management process.

MetaTrust Labs has positioned itself as a builder-first company, prioritizing the needs of Web3 developers through a comprehensive range of SaaS tools. These solutions cater to the entire software development lifecycle (SDLC), ensuring that security is not an afterthought but an integral part of the development process. By combining years of research and innovative technology, MetaTrust is shaping the future of secure Web3 infrastructure.

The Mission and Vision Of MetaTrust Labs

MetaTrust Labs’ mission is to create a secure and prosperous Web3 ecosystem where builders can confidently innovate. The platform focuses on delivering high-quality security tools that are accurate, efficient, and easy to use. Through continuous research and development, MetaTrust aims to provide DevSecOps best practices and empower developers with the resources needed to manage security seamlessly.

Its vision extends beyond individual projects. MetaTrust aspires to promote security awareness and best practices across the open-source and blockchain industries. By collaborating with partners, defining vulnerability standards, and integrating cutting-edge automation, the company seeks to set the benchmark for Web3 security. MetaTrust envisions a world where security concerns no longer hinder the growth and potential of decentralized technology.

Use Cases of MetaTrust Labs

MetaTrust Labs offers a suite of security solutions tailored for the Web3 ecosystem, addressing various challenges faced by developers, project stakeholders, and users.

• Smart Contract Vulnerability Detection: MetaTrust’s MetaScan tool employs a multi-engine approach to identify vulnerabilities within smart contracts. By integrating static code analysis, AI-driven logic detection, and code quality assessments, it ensures comprehensive security coverage. This method enhances the detection of potential threats, including logic flaws and code duplication, thereby reducing the risk of exploits.
• Runtime Monitoring of Decentralized Applications (dApps): With MetaScout, MetaTrust continuously monitors dApps and smart contracts. This service includes transaction analysis to detect governance attacks, monitoring market price volatility, and assessing social sentiment. Additionally, it offers real-time alerts for abnormal behaviors such as flash loan attacks, front-running, and bridge exploits, enabling prompt responses to potential threats.
• Security Assessment and Rating: MetaScore delivers comprehensive security assessments and ratings for Web3 projects. By integrating multiple proprietary engines, it provides a visual representation of a project’s security posture across various dimensions. This tool aids investors and stakeholders in making informed decisions by offering real-time risk alerts and maintaining confidence in the project’s security measures.
• Secure Smart Contract Development: Through the MetaTrust Package Manager (MPM), developers gain access to trustworthy libraries and templates for smart contract development. This open-source package manager streamlines the development process by providing secure and reliable resources, thereby reducing the likelihood of introducing vulnerabilities during development.
• Security Auditing Services: MetaTrust offers fast, effective, and affordable auditing services with a team of top-notch security researchers. These services are designed to identify and mitigate vulnerabilities in smart contracts and decentralized applications, ensuring that projects adhere to best security practices before deployment.

By addressing these critical areas, MetaTrust Labs builds a more secure and reliable Web3 ecosystem, empowering developers and stakeholders to innovate confidently.

Technology Behind MetaTrust Labs

MetaTrust Labs is at the forefront of Web3 security, offering AI-driven tools and services to safeguard decentralized applications (dApps) and smart contracts. Their technology stack integrates advanced AI algorithms with comprehensive security protocols to address the unique challenges of the Web3 ecosystem.

AI-Powered Security Solutions

At the core of MetaTrust’s offerings is integrating artificial intelligence to enhance security measures. By leveraging AI, MetaTrust can analyze vast amounts of code and transaction data to identify potential vulnerabilities and threats. This approach allows for more accurate and efficient detection of security issues compared to traditional methods.

Key Products and Services

• MetaScan: This tool provides automatic security vulnerability scanning for Web3 applications. It employs a multi-engine approach, including static code analysis, AI-driven logic vulnerability detection, and code quality assessments, to ensure comprehensive security coverage. By integrating these advanced scanning engines, MetaScan delivers unparalleled speed and precision, safeguarding all aspects of an application beyond the smart contract layer.
• MetaScout: Offering 24/7 runtime security monitoring, MetaScout focuses on real-time detection of on-chain attacks and risks associated with deployed Web3 projects. It monitors various attack vectors, including governance attacks, market price volatility, and social sentiment, providing developers with timely alerts to mitigate potential threats.
• MetaScore: This service provides comprehensive security and risk assessments for Web3 applications. By integrating multiple proprietary engines, MetaScore offers detailed security ratings and scores, helping developers and stakeholders understand the security posture of their projects and make informed decisions.
• MetaTrust Package Manager (MPM): An open-source package manager, MPM facilitates the publication, discovery, installation, and development of secure smart contracts. It ensures developers can access trustworthy libraries and templates, promoting secure coding practices within the Web3 community.

Research and Development

MetaTrust Labs invests heavily in research to advance Web3 security. Their team has contributed to various publications, including studies on static application security testing tools for smart contracts and the integration of AI in program analysis. This commitment to research ensures that their solutions remain at the cutting edge of security technology.

Collaborations and Partnerships

MetaTrust Labs collaborates with industry leaders to enhance cross-chain financial privacy and security. For instance, their partnership with ChainSwap aims to boost cross-chain financial privacy through innovative solutions and technologies.

Products and Services of MetaTrust Labs

MetaTrust Labs offers a suite of security solutions tailored for the Web3 ecosystem, focusing on enhancing the security and reliability of decentralized applications (dApps) and smart contracts. Their primary offerings include:

MetaScan

MetaScan is an automated security assessment platform designed to identify vulnerabilities within smart contract code. It employs a multi-engine approach, integrating various security scanning tools to provide comprehensive coverage. Key features of MetaScan include:

• Security Analyzer: Performs static code analysis to detect potential security vulnerabilities.
• GPTScan: Utilizes AI technology, such as ChatGPT, to identify logic vulnerabilities, adapting to various code variations and enhancing detection accuracy.
• Code Quality Assessment: Evaluates code quality to identify and address informational and low-level vulnerabilities.
• Security Prover: Focuses on identifying vulnerabilities related to contract execution and fixed logic flaws, aiming to reduce false positives in static detection.
• Code Clone Detection: Employs techniques to identify code clones, preventing security risks associated with code duplication.
• Open Source Analyzer: Assesses the security of open-source libraries integrated within applications.

These features collectively enhance the security posture of smart contracts by providing a thorough and automated analysis of the codebase.

MetaScout

MetaScout offers 24/7 runtime security monitoring for deployed Web3 projects. It continuously monitors smart contracts and dApps to detect on-chain attacks and potential risks, providing real-time alerts to stakeholders. This proactive monitoring ensures that any security threats are promptly identified and addressed, maintaining the integrity and trustworthiness of the application.

MetaScore

MetaScore provides comprehensive security and risk assessments for Web3 applications. It evaluates the overall security posture of a project, offering detailed reports and rankings based on identified vulnerabilities and risks. This assessment aids developers and stakeholders in understanding the security strengths and weaknesses of their applications, facilitating informed decision-making and prioritization of remediation efforts.

MetaTrust Package Manager (MPM)

MPM is an open-source package manager designed for the secure development of smart contracts. It enables developers to publish, discover, install, and manage secure smart contract libraries and templates. MPM streamlines the development process by providing a repository of vetted and secure packages and reduces the risk of introducing vulnerabilities through third-party code.

Auditing Services

MetaTrust Labs offers fast, effective, and affordable auditing services from a team of top-notch security researchers and developers. These services include comprehensive code reviews and vulnerability assessments, ensuring that smart contracts and dApps meet high-security standards before deployment.

Security Consulting

For projects seeking tailored security strategies, MetaTrust Labs provides consulting services covering secure Web3 development practices. This includes guidance on coding conventions, security design, and framework adoption, assisting teams in building robust and secure decentralized applications.

Through these products and services, MetaTrust Labs addresses the critical security challenges faced by Web3 developers and stakeholders, fostering a safer and more reliable decentralized ecosystem.

MetaTrust Labs Fundraising

MetaTrust Labs, a leading provider of Web3 AI security tools and code auditing services, has successfully raised approximately $10 million in a seed funding round.

Prominent investors, including Redpoint Ventures, GGV Capital, and M Ventures led the funding round. Other notable investors in this round include ABCDE Capital, AimTop Ventures, Bing Ventures, Fellows Fund, Granite Asia, Hash Global, M23, SNZ, Yunqi Partners, and LongHash.

This substantial investment underscores investors’ confidence in MetaTrust Labs’ innovative approach to enhancing security within the Web3 ecosystem. The funds are expected to accelerate the development and deployment of MetaTrust’s AI-driven security solutions, further solidifying its position as a leader in the Web3 security space.

MetaTrust Labs Team

MetaTrust Labs is a leading provider of Web3 AI security tools and code auditing services, dedicated to building a secure infrastructure for Web3 developers. The company was founded in 2021 by Yang Liu and Xinhua Liu, who serve as the CEO and Co-Founder.

The team comprises highly skilled security researchers and seasoned professionals from both academia and industry. This diverse expertise enables MetaTrust Labs to offer a range of automation tools and security services to assist Web3 developers and project stakeholders in achieving a secure development environment.

In addition to its core team, MetaTrust Labs has established partnerships with several prominent organizations, including Bybit, Uni, WhaleChain, UpChain, Ide, Insurace, KTX, Shiba Original Vision, BingX, Nest, Scroll, ByteTrade, Dot-Bit, Orbit, Uniswap, XHash, DeSyndro, HackShamster, Afflux, MoleDAO, Particle Network, and GoPlus. The company’s commitment to security is further demonstrated through its active participation in Capture The Flag (CTF) events, such as the MetaTrust Web3 Security CTF. This involvement highlights MetaTrust Labs’ dedication to staying at the forefront of security challenges in the Web3 space.

Through its team of experts and strategic collaborations, MetaTrust Labs continues to drive innovation in Web3 security, providing developers with the tools and support needed to build secure and reliable applications.

Conclusion

MetaTrust Labs is revolutionizing Web3 security with its suite of innovative tools, including MetaScan, MetaScout, and MetaScore. These products provide comprehensive security solutions for Web3 developers, offering features like automatic vulnerability scanning, real-time monitoring, and in-depth risk assessment. By leveraging advanced technologies like AI and multi-engine scanning, MetaTrust Labs simplifies security challenges and enhances the development of decentralized applications. With a developer-first approach and strong backing, MetaTrust Labs is set to play a pivotal role in ensuring the integrity and security of Web3 projects, fostering growth and confidence in the decentralized ecosystem.