WalletLabels reduces development barriers by providing an API that allows developers to easily access and integrate wallet identity data into their projects. This integration improves efficiency for use cases such as compliance, anti-money laundering (AML), and fraud detection by offering pre-labeled wallet data for analysis, eliminating the need for developers to build their own labeling systems from scratch.

For example, our labeling API is used by more than 20+ companies and they use it to reduce compliance costs  thanks to its ability to quickly identify flagged wallet addresses. WalletLabels also enhances the security of Web3 projects by helping in the early detection of potentially malicious activity. We currently serve over 200 million labels, significantly increasing coverage and reducing the risks associated with unidentified wallets.