ChainCatcher news, according to The Block, Uniswap Labs has collaborated with web3 security company Blockaid to develop a new on-chain detection and response system to protect DEX users from malicious token attacks. If users interact with tokens that are flagged as potentially malicious, Blockaid's tool will alert them.

The tool will be launched on Uniswap's web version, mobile version, and self-custody crypto wallet extensions. It combines static (comparing contract source code with known viruses) and dynamic (using virtual environments to trigger contracts) verification heuristic methods as well as various machine learning capabilities to help verify the legitimacy of tokens.