Metridex QuickScan for Polkadot – Grant Application

[omarakhmedov-web]

Project Abstract

Metridex QuickScan is a cross-chain risk and intel engine that gives traders and ecosystem teams a fast, opinionated snapshot of any token or asset: basic liquidity security, holder concentration, contract/asset age, website/domain checks and simple LP/ownership signals. Today it is live as a Telegram bot and HTML report generator focused on several EVM chains (Ethereum, BNB Chain, Polygon, Base).

This grant application covers the implementation of a first-class Polkadot / AssetHub / parachain module: a reusable Substrate-based risk library, HTTP API and integration into the existing Metridex Telegram bot, with initial support for Polkadot, AssetHub and two parachains (Moonbeam and Astar). The goal is to make Polkadot risk snapshots accessible to regular users inside Telegram while providing an open, reusable module that wallets, bots and dashboards in the Polkadot ecosystem can integrate.

Grant level

• Level 1: Up to $10,000, 2 approvals
• Level 2: Up to $30,000, 3 approvals
• Level 3: Unlimited, 5 approvals (for >$100k: Web3 Foundation Council approval)

Application Checklist

• The application template has been copied and aptly renamed (project_name.md).
• I have read the application guidelines.
• Payment details have been provided (Polkadot AssetHub (USDC & DOT) address in the application and bank details via email, if applicable).
• I understand that an agreed upon percentage of each milestone will be paid in vested DOT, to the Polkadot address listed in the application.
• I am aware that, in order to receive a grant, I (and the entity I represent) have to successfully complete a KYC/KYB check.
• The software delivered for this grant will be released under an open-source license specified in the application.
• The initial PR contains only one commit (squash and force-push if needed).
• The grant will only be announced once the first milestone has been accepted (see the announcement guidelines).
• I prefer the discussion of this application to take place in a private Element/Matrix channel. My username is: @_______:matrix.org (change the homeserver if you use a different one)

[github-actions]

CLA Assistant Lite bot All contributors have signed the CLA ✍️ ✅

[omarakhmedov-web]

I have read and hereby sign the Contributor License Agreement.

[keeganquigley]

Hi @omarakhmedov-web thanks for the application. How would your solution's features compare to other popular token sniffers such as Solsniffer? What is the advantage of using a TG bot over these browser-based solutions? Are there any competitors in the Ethereum world that are taking off?

[omarakhmedov-web]

Hi @omarakhmedov-web thanks for the application. How would your solution's features compare to other popular token sniffers such as Solsniffer? What is the advantage of using a TG bot over these browser-based solutions? Are there any competitors in the Ethereum world that are taking off?

Hi Keegan,

Thanks a lot for taking the time to review our application and for the thoughtful questions. Let me clarify how Metridex compares to existing tools and why we’re building it as a Telegram-first product.

1. Compared to Solsniffer and other “token sniffers”
   Solsniffer is a strong, specialized security and analytics platform for Solana, with a focus on token risk scoring, wallet analytics and liquidity/authority checks on that ecosystem.
   Metridex is designed for a different stack and a different usage pattern:

Chains & scope: We are EVM-first and, in the context of this grant, explicitly focused on bringing the same kind of automated “rug-check” to Polkadot / Substrate ecosystems (AssetHub and major parachains), rather than to Solana.

Explainable QuickScan: Our core output is a compact QuickScan that combines liquidity / LP status, holder concentration, contract metadata, on-chain patterns and basic website/domain checks into a single risk band with explicit “Signals / Why++” instead of only a numeric score. The idea is that moderators can quickly see why a token looks risky, not just that it scored 18/100.

Reporting layer: On top of the one-line scan, the bot can generate a more detailed HTML/PDF-style report that community leads can pin or share when they need to justify a decision in front of their users.

Moderation workflow: Every part of the product is optimized for how chats actually work: a contract address dropped into a group → one tap → QuickScan → (optionally) a deep report that can be forwarded back into the same thread.

In short, our emphasis is less on a heavy browser dashboard and more on fast, interpretable risk intel that can live inside the chat where the risk actually appears.

2. Why a Telegram bot instead of a browser-only UX?
   For Polkadot and the wider crypto ecosystem, Telegram is effectively the main control plane: most retail users, teams and community mods already coordinate there. Building Metridex as a TG bot gives us a few concrete advantages:

Zero-friction, especially on mobile: Users don’t have to open a new tab, connect a wallet or log in. They paste or tap a contract address inside Telegram and get a scan back in a few seconds – which matters in fast-moving chats and on phones.

Fits existing moderation flows: Group admins can respond directly to a suspicious CA or link in chat, trigger a scan with an inline command, and then forward the result as an “official verdict” to the same channel.

Push instead of pull: Watchlists and alerts allow us to send relevant updates (e.g. meaningful changes in LP or ownership) into the groups that care, instead of hoping that users remember to visit a website.

Easy ecosystem integrations: Other bots and infrastructure in the Polkadot ecosystem can call our API and receive Telegram-ready, human-readable QuickScan messages as output, so Metridex can act as a shared “risk-intel layer” for multiple tools.

We still maintain a web layer for docs and sample reports, but we see Telegram as the most natural “front-end” for this kind of tooling in the Polkadot ecosystem.

3. Competitors in the Ethereum world and how we differ
   On Ethereum and other EVM chains there are several well-known scanners gaining adoption (e.g. TokenSniffer, De.Fi’s scanner, GoPlus’ token security APIs, various honeypot checkers). These products clearly validate the demand for automated token risk analysis, but they are typically:

Browser-centric or API-centric: great as websites or back-end services, but not designed primarily as Telegram-native tools.

Generic EVM-wide: focused on Ethereum/BSC/etc., not on Polkadot / Substrate assets or on the specific needs of Polkadot ecosystem communities.

Less chat-workflow aware: optimized for an individual user in a browser, rather than for moderators operating inside busy group chats who need to make and justify decisions quickly.

Metridex builds on the same underlying idea (fast automated token risk checks), but our goal is to:

Bring this capability to Polkadot and its parachains,

Wrap it in a Telegram-first UX built around real community workflows, and

Keep the output highly explainable and shareable (QuickScan + reasons + optional deep report) so that decisions can be communicated clearly inside chats.

Happy to share concrete examples of the TG UX or sample reports if that would be helpful for the evaluation. Thanks again for your time and for considering our application.

[keeganquigley]

Thanks for the explanations @omarakhmedov-web I will mark as ready for review so the rest of the committee can comment. In my opinion though, I would say that a TG signal bot such as this would be more in line with Velocity's DeFi Builders Program, since it is mainly degen focused :)

You could try checking there, as I don't think this quite meets our guidelines regarding tangible DOT demand. That being said, will leave it open for a few days to see if any other committee members have comments.