A BATTLETESTED EXCHANGE
Since 2014, we've lost zero crypto.
Ensuring our exchange is safe, secure, and reliable is at the centre of all our operations.
We're an exchange built by and for real derivatives traders. Our positions and margins are checked multiple times a minute, with balances cross-checked against on-chain records.
We also welcome the reporting of security issues through our bug bounty programme.
All assets are secured via secure multi-party-computation (MPC).
Put short, no private key is ever held in one place. The creation, signing and revocation are done in a trustless distributed manner between a threshold of co-signing components.
All transfers are additionally protected by transaction rules that are enforced to assure that any attack is blocked at a policy level.
We place a tremendous amount of focus on the segregation of duties. No one actor in the system can successfully sign a withdrawal from the system.
You deploy your funds, not us. Client funds remain safely in our wallets.
They are securely segregated at the account level and ring-fenced from company assets thereby providing industry leading protection.
They aren’t lent, staked, or traded.
We’re not a trading house, we’re an exchange, with no exposure to VC money or any other liabilities. For more, you can read our risk disclosure statement here.
We have one of the highest Insurance Funds in the industry, to ensure all our traders are protected from deleveraging events.
You won't ever have to worry about exchange solvency, with our verifiable Proof of Reserves and Liabilities.
What if there is an intrusion?
Our positions and margins are checked multiple times a minute. With balances cross-checked against on-chain records. Bugs, flaws, or intrusions, causing positions not to match, will raise alerts and ultimately halt our exchange.
What about custody for customer assets?
All customer assets are secured via secure multi-party-computation (MPC). Put short, no private key is ever held in one place. The creation, signing and revocation are done in a trustless distributed manner between a threshold of co-signing components.
How do you safeguard your transactions?
All transfers are additionally protected by transaction rules that are enforced to assure that any attack is blocked at a policy level. We place a tremendous amount of focus on the segregation of duties. No one actor in the system can successfully sign a withdrawal from the system.
What about the segregation of funds?
You deploy your funds, not us. Client funds remain safely in our wallets. They are securely segregated at the account level and ring-fenced from company assets thereby providing industry leading protection. They aren’t lent, staked or traded. We’re not a trading house, we’re an exchange, with no exposure to VC money or any other liabilities. For more, you can read our risk disclosure statement here.