OKX CEX Security Monthly Report (April)

1, Funds Security

OKX Assets Proof of Reserves (POR)

OKX has published proof of reserves data 6 times, as of April 22, 2023

BTC user assets total 127,238 coins

ETH user assets total 1,282,117 coins

USDT user assets total 4,254,525,678 coins

OKX proof of reserves uses the new zk-STARK verification method, now covering up to 21 currencies.

OKX Wallet Assets and Reserve Ratio

Published Wallet Assets

BTC: 130,782 coins

ETH: 1,320,230 coins

USDT: 4,374,962,628 coins

Reserve Ratio

BTC: 103%

ETH: 103%

USDT: 103%

OKX Comprehensive Protection Fund

Currently accumulated over 1 billion USD, OKX will use this fund and industry-leading asset security risk control systems to provide strong protection for all new and existing users, safeguarding asset security.

2, Trading Security

Trading Risk Control

In April, anti-phishing risk control intercepted 499 withdrawal transactions for 471 users, recovering approximately 120,300 USDT in assets.

Total risk reserve fund reached 1.013 billion USD, triggering approximately 231,400 times in April, continuously helping users avoid liquidation losses.

API Security

In April, 1,167 API Keys were created through Fast API, 1,109 API Keys bound to third-party applications were created, and 7,957 API Keys that were inactive for 14 days and not bound to IP addresses were deleted.

Novice Protection Program

In April, 15,080 users enabled the contract cooling-off period, avoiding losses from impulsive trading.

Protecting User Mistaken Deposits

In April, 117 cases of user mistaken deposits were manually processed, with total valuation of 192,800 USDT;

For mistaken deposits of currencies not supported by OKX, the automatic deposit/withdrawal function processed 154 cases in April, with total valuation of 9,468,600 USDT.

Disclaimer

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