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Solana Projects to Benefit from Unified Hack Response System

Solana Projects to Benefit from Unified Hack Response System

The non-profit Solana Foundation has unveiled the security framework STRIDE and the incident response network SIRN

The STRIDE initiative, developed in collaboration with the Web3 firm Asymmetric Research, is described as a “structured program for assessing, monitoring, and enhancing the security measures of Solana projects.” 

The framework evaluates protocol security across eight areas:

“Protocols are independently assessed, and the results are published openly. This ensures genuine transparency for users, investors, and the entire ecosystem regarding the security of interactions with platforms,” stated Asymmetric Research.

STRIDE will continuously monitor operational security and active threats for protocols with a TVL exceeding $10 million that undergo assessment. All expenses will be covered by the foundation. 

Projects with figures over $100 million will receive funding from the Solana Foundation for formal verification—a proof-based mathematical method. It checks all possible states and execution paths of a smart contract, ensuring its correctness.

Simultaneously, the foundation announced the creation of SIRN, which will unite security companies for real-time response to hacking attacks on the Solana network.

Participants will exchange threat information, coordinate actions, and “contribute to the ongoing development of STRIDE,” according to the release. 

The new announcement from Solana Foundation follows the hack of the DeFi protocol Drift involving $280 million. The incident was one of the largest in the industry’s history. 

Earlier, on April 5, the team disclosed details of the attack. Developers concluded that North Korean hackers were behind it. 

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