Contract Scanner

Contract Scanners are automated tools that scan smart contracts deployed on blockchain networks to provide transparency, security, and insights for DeFi traders. The ALTARA App integrates this feature in order to monitor the code and activities of contracts to verify their functionality, track transactions, and identify potential risks. They play a crucial role in helping traders make informed decisions and avoid potential pitfalls in the DeFi ecosystem.

Key Functions:

• Security Audits: Contract scanners identify vulnerabilities and potential exploits in smart contracts, reducing the risk of contract failures or hacks.

• Transaction Tracking: They monitor transactions and provide real-time updates on contract activity, enabling traders to stay informed about asset movements.

• Risk Assessment: Contract scanners assess the overall risk associated with specific contracts, helping traders make decisions based on comprehensive data.

• Liquidity Analysis: These tools can also analyze liquidity pool balances, detecting imbalances and providing insights into potential arbitrage opportunities.