Phylax Systems signs Lighter and Derive as security clients
Phylax says it will protect $800M in assets on Lighter and $167M on Derive as an independent security layer for contract upgrades and withdrawals.
What we know
Phylax says it is poised to protect $800M in assets on Lighter, and it also said it is securing $167M for Derive, guarding contract upgrade logic and withdrawals.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
@ercwl
“poised to protect $800M in assets onchain”
View post →@Crypto_McKenna
“securing $167M as an independent security layer”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.