Back to Blog

BlockSec Phalcon Explorer: Empowering TVL Growth for the EVM Chain

Phalcon
August 24, 2023

L1/L2 competition is becoming increasingly fierce. According to DefiLlama, there are currently over 200 chains, with 120 of them being EVM chains, including star projects like Arbitrum, Optimism, and Base.

Attracting and retaining users, developers, and projects to sustain and thrive the ecosystem is a challenge faced by every blockchain ecosystem. Airdrops and similar “money-distribution” models can naturally attract a large influx of users, but how do you retain the true builders after the initial wave?


Statistics show that in a blockchain ecosystem, the top 3 protocols generate 50% of the Total Value Locked (TVL), and 99% of the TVL is generated by 0.3% of traders.

Attracting and retaining top-tier project developers and traders is key to increasing the overall TVL of the ecosystem.

And Phalcon Explorer has precisely those top-tier developers and traders! 😉

What is BlockSec Phalcon Explorer?

Phalcon Explorer is an essential blockchain explorer for advanced players in the blockchain space. As protocols become increasingly complex, a single transaction can involve thousands of trace lines and hundreds of addresses with nested contract calls. At this point, existing browser platforms like Etherscan cater to the general users but fall short in meeting the needs of developers and traders for transaction analysis and debugging.

With Phalcon Explorer, you can input any address and immediately display all the information within a transaction. This includes:

  • Invocation flow
  • Source code
  • Balance changes
  • State changes
  • Fund flow chart
  • Gas profiler

You can also switch to multi-screen debug mode with a single click in the Invocation Flow section. Additionally, Phalcon Explorer supports transaction simulation at any block height and position, allowing you to preview the execution result in advance.


Phalcon Explorer fully considers the various analysis, debugging, simulation, and collaboration needs of advanced users. It can:

  • Help developers optimize gas usage and facilitate collaborative debugging.
  • Assist traders in simulating transactions and dissecting others’ strategies to make better trading decisions.
  • Moreover, it is a powerful tool for security researchers to analyze attacks, scams, and other security incidents, enabling quick problem identification and preventing further losses.

Achievements

Since its launch in September last year, Phalcon Explorer has attracted over 20,000 monthly active users, processing nearly 10,000 transaction addresses per day. It has a user base covering over 160 countries and regions worldwide, with 75% of users coming from countries such as the United States, China, Singapore, Japan, the United Kingdom, Germany, and France.


Get Started Now

Currently, the platform supports 9 public chains, including EVM, BSC, Arbitrum, Optimism, and more, with several others being integrated.

Take a crucial step toward the top-tier blockchain ecosystem by integrating Phalcon Explorer today!

👨🏻‍💻 Give it a try: https://phalcon.blocksec.com/explorer/

📖 User manual

✉️ For integration inquiries: [email protected]

About BlockSec

BlockSec is a pioneering blockchain security company established in 2021 by a group of globally distinguished security experts. The company is committed to enhancing security and usability for the emerging Web3 world in order to facilitate its mass adoption.

To this end, BlockSec provides smart contract and EVM chain security auditing services, the Phalcon platform for security development and blocking threats proactively, the MetaSleuth platform for fund tracking and investigation, and MetaDock extension for web3 builders surfing efficiently in the crypto world.

To date, the company has served nearly 300 esteemed clients such as MetaMask, Compound, Forta, and PancakeSwap, and secured over tens of millions of US dollars in two rounds of financing from preeminent investors including Matrix Partners, Vitalbridge Capital, and Fenbushi Capital.

Sign up for the latest updates
Tether Freezes $6.76M USDT Linked to Iran's IRGC & Houthi Forces: Why On-Chain Compliance is Now a Geopolitical Battlefield
Security Insights

Tether Freezes $6.76M USDT Linked to Iran's IRGC & Houthi Forces: Why On-Chain Compliance is Now a Geopolitical Battlefield

Looking ahead, targeted freezing events like this $6.76M USDT action will only become more common. On-chain data analysis is improving. Stablecoin issuers are also working closely with regulators. As a result, hidden illicit financial networks will be exposed.

Weekly Web3 Security Incident Roundup | Mar 2 – Mar 8, 2026
Security Insights

Weekly Web3 Security Incident Roundup | Mar 2 – Mar 8, 2026

During the week of March 2 to March 8, 2026, seven blockchain security incidents were reported with total losses of ~$3.25M. The incidents occurred across Base, BNB Chain, and Ethereum, exposing critical vulnerabilities in smart contract business logic, token deflationary mechanics, and asset price manipulation. The primary causes included a double-minting logic flaw during full token deposits that allowed an attacker to exponentially inflate their balances through repeated burn-and-mint cycles, a price manipulation vulnerability in an AMM-based lending market where artificially inflated vault shares created divergent price anchors to incorrectly force healthy positions into liquidation, and a flawed access control implementation relying on trivially spoofed contract interfaces that enabled attackers to bypass authorization to batch-mint and dump arbitrary tokens.

Weekly Web3 Security Incident Roundup | Feb 23 – Mar 1, 2026
Security Insights

Weekly Web3 Security Incident Roundup | Feb 23 – Mar 1, 2026

During the week of February 23 to March 1, 2026, seven blockchain security incidents were reported with total losses of ~$13M. The incidents affected multiple protocols, exposing critical weaknesses in oracle design/configuration, cryptographic verification, and core business logic. The primary drivers included oracle manipulation/misconfiguration that led to the largest loss at YieldBloxDAO (~$10M), a crypto-proof verification flaw that enabled the FOOMCASH (~$2.26M) exploit, and additional token design and logic errors impacting Ploutos, LAXO, STO, HedgePay, and an unknown contract, underscoring the need for rigorous audits and continuous monitoring across all protocol layers.