# Introduction

The Web3 Security Problem

* In 2024 alone:
  * **332,000+ wallets drained**
  * **$494M lost** due to malware, phishing, and malicious approvals
* Most users only realize they've been exploited **after** it happens.

#### Why Traditional Security Falls Short

* Manual revokes and audits are reactive, not preventive.
* Static solutions can’t keep up with evolving threats.
* No user-centric monitoring tools exist at wallet-level granularity.

#### Hexly's Purpose

* Provide **real-time, AI-driven wallet defense**
* Bridge the gap between human oversight and invisible on-chain threats
* Empower users with actionable protection—not just alerts


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