Objective
To implement a comprehensive, scalable security monitoring solution across Solo Labs' growing portfolio of blockchain networks, replacing their existing monitoring system with a more flexible and user-friendly solution that could support their expanding multi-chain operations.
Challenge
Solo Labs faced significant limitations with their existing security monitoring setup:
- Limited blockchain network support from their current provider (OpenZeppelin)
- Inability to influence which chains would be supported in the future
- Time-consuming and cumbersome workflow when setting up monitoring for new strategies
- Need to manually load ABIs repeatedly for each new monitor
- Critical requirement to monitor pause/unpause events across numerous strategy contracts
- Supporting specialized chains like Hedera that have unique hybrid architectures
- Managing costs effectively while scaling to numerous blockchain networks
The Solution
Strategy
Guardrail designed a custom monitoring solution focused on:
- Expanding chain coverage to include all of Solo Labs' priority networks
- Simplifying the monitoring setup process with an intuitive UI
- Creating a business-aligned pricing model that scaled with Solo Labs' needs
- Establishing reliable alert systems through Telegram integration
- Supporting specialized chains like Hedera, Sonic, and others
Implementation
Guardrail worked with Solo Labs to:
- Configure event monitoring guards to detect pause/ unpause events across all strategy contracts
- Set up Telegram notification channels for immediate alerting
- Fine-tune the monitoring system to properly identify and report critical events
- Address specific requirements for displaying contract addresses in alert messages
- Create a scalable approach that Solo Labs could self-manage for future expansion
Tools & Resources
- Guardrail's event monitoring platform with multi-chain support
- Custom event guards tailored to Solo Labs' contract architecture
- Telegram integration for real-time alerts
- Simulation tools to validate monitoring configurations
Results
- Successfully extended monitoring to 12 key blockchain networks at launch
- Reduced new strategy monitoring setup time from takes forever to minutes
- Achieved 85% coverage of Solo Labs' client liquidity through priority chain support
- Established a scalable platform that can grow with Solo Labs' chain expansion