At Bitunix, protecting user assets is a core priority. As we continue to advance the Bitunix Ultra trading experience, security remains fundamental to our commitment to users.
Our security framework combines a $50 million USDC Care Fund, institutional-grade custody, verifiable reserves, and continuous risk monitoring to strengthen asset protection and transparency.
$50 Million USDC Care Fund
As an additional financial safeguard against unexpected incidents, Bitunix maintains a dedicated $50 million USDC Care Fund to support user asset protection.
On-Chain Transparency: The fund's publicly disclosed wallet address allows users to independently check on-chain holdings through Etherscan.
User Protection: The fund supports potential compensation in eligible incidents, subject to investigation, verification, and applicable procedures.
Verify Bitunix Official Care Fund Address on Etherscan
Institutional-Grade Asset Custody
Bitunix strengthens asset protection through Fireblocks and Cobo Custody, established providers of institutional-grade digital asset security infrastructure.
Established Industry Experience: Fireblocks has facilitated over $3 trillion in digital asset transfers, while Cobo has provided digital asset custody solutions since 2017.
Advanced MPC Security: Fireblocks uses Multi-Party Computation (MPC) technology to distribute cryptographic key shares across secure environments, reducing single points of failure and private key exposure.
Multi-Layer Transaction Protection: Policy-based controls and multi-party approval mechanisms help mitigate unauthorized access and transaction risks.
Proof of Reserves (PoR)
Bitunix follows a 1:1 user asset reserve principle, supported by publicly available Proof of Reserves information.
Verifiable Reserves: Users can independently verify that their balances are included in published reserve snapshots through Merkle Tree verification.
Privacy Protection: Cryptographic verification enables users to confirm their records without exposing other users' asset information.
Verify Bitunix Proof of Reserves
Real-Time Risk Monitoring
Bitunix integrates Elliptic KYT to strengthen blockchain transaction monitoring and compliance risk controls.
Real-Time Monitoring: Identifies suspicious transaction patterns and potentially high-risk wallet activity.
Risk Detection: Supports the identification of potentially illicit fund flows and other activities requiring further review.
Independent Security Assessments
Bitunix works with independent security firms, including Hacken and Salus, to assess and improve its security infrastructure.
Vulnerability Assessments: Independent reviews help identify potential security weaknesses.
Continuous Improvement: Assessment findings inform ongoing security enhancements and risk mitigation efforts.
Additional Insurance Protection
Beyond the Care Fund, Bitunix has disclosed additional insurance arrangements to strengthen its broader protection framework.
$42.5 Million Coverage: Insurance protection addressing specified digital asset crime and operational risks.
Additional $5 Million Policy: Supplementary insurance with Nemean Services, subject to applicable policy terms and conditions.
Our Commitment to User Protection
At Bitunix, a better trading experience starts with trust. We remain committed to strengthening asset protection, security infrastructure, and transparency as we continue to enhance Bitunix Ultra.
Better Liquidity, Better Trading.
