How Risk Control and Compliance Teams Use Chainbase to Set Up Early Warning Systems
The on-chain world is full of risks that can arise quickly, such as contract vulnerabilities, project scams, and large whale fund movements, which can often result in losses within just a few minutes. The risk control team needs real-time, comprehensive, and structured data support to detect problems early.
The capabilities provided by Chainbase are precisely what support the establishment of a risk control system. For example, the exchange team can monitor the inflow and outflow of funds in a new coin pool based on on-chain events; once an unusually large transfer occurs, an alert can be triggered. The compliance team can utilize historical data to conduct full-chain tracing of fund flows from suspicious addresses, quickly mapping out the fund paths and even creating standardized reports to meet audit or regulatory requirements directly.
More importantly, Chainbase eliminates the cumbersome steps of building nodes and indexing. The risk control team can directly set rules for which events need to be closely monitored, which addresses should be included on watchlists, and which trading volume thresholds should trigger alerts. This way, engineering personnel do not have to expend energy on underlying data operations, and strategy personnel can update rules more flexibly.
In reality, many institutions have shifted from post-incident investigation to pre-incident monitoring after adopting similar solutions, moving from passive remediation to active management. This capability may be a decisive competitive advantage in the frequently risky cryptocurrency market.
