VDEX
  • overview
    • Introduction
    • What is VDEX?
    • Core Features
      • Omnichain Trading
      • Full Self-Custody
      • Sustainable BTC Yield
      • ZeroGas Transactions
      • Sub-Millisecond Finality
      • No KYC, No VPN Restrictions
  • Trade
    • Platform
      • Getting Started
      • Platform Navigation
      • Deposit and Withdraw
      • Supported Collateral
      • Pairs
      • Finality Time
      • Perps
      • Orders
      • CLOB
      • Margin
      • Leverage
      • Liquidations
      • Fee Schedule
      • Gas Fees
      • Funding Rate
      • Insurance Fund
    • Access
      • Chain Abstraction
      • No VPN, No KYC
    • Beta
    • Market Making
    • Security
      • VDEX Fund Protection
      • Dispute Resolution Mechanism
      • Oracle and Collusion Safeguards
  • Yield
    • Virtual Market Maker
    • Volatile Asset Collateral
    • Fund Strategy
  • Ecosytem
    • Overdrive
      • Overdrive: The Ultimate Trading Advantage
        • Activating Overdrive
        • Key Participants
      • Market Makers-Overdrive
      • Traders-Overdrive
    • Bug Bounty Program
    • Bug Reporting Guidelines
    • Contact & Support Channels
    • FAQ
    • Whitepaper
    • Definition of Terms
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  1. Trade
  2. Security

VDEX Fund Protection

At VDEX, we take security very seriously. To ensure the safety of your funds, we have several safeguards in place.

Self-Custodial Trading

Unlike centralized exchanges, VDEX operates on a self-custodial model, giving you full control over your assets at all times.

  • No Custody Risk: Your funds never leave your wallet unless you are actively engaged in a trade.

  • Direct Ownership: You maintain ownership and control over your private keys, thus reducing the risk of platform insolvency or unauthorized access.

Decentralized Smart Contracts

All trades and transactions on VDEX are executed through audited and decentralized smart contracts.

  • Immutable Code: Smart contracts ensure transparency and tamper-proof execution.

  • Third-Party Audits: Our contracts undergo rigorous security audits by industry-leading firms to eliminate vulnerabilities

Advanced Encryption

Your data and transactions are protected by end-to-end encryption, ensuring privacy and security.

  • Data Privacy: VDEX does not store sensitive personal information, thus minimizing exposure to data breaches.

  • Transaction Security: All on-chain interactions are encrypted, reducing the likelihood of interception or exploitation.

Multi-Signature Wallets

For platform-managed funds such as the insurance fund, VDEX uses multi-signature wallets.

  • Shared Responsibility: Multiple parties must approve transactions, reducing single points of failure.

  • Tamper Resistance: Unauthorized access is significantly more difficult, ensuring funds are safeguarded.

Real-Time Monitoring and Alerts

VDEX employs real-time monitoring tools to detect suspicious activity.

  • AI-Driven Analytics: We have systems in place that identify abnormal trading patterns and take necessary actions, thus preventing potential exploits.

  • Immediate Alerts: Users and administrators receive notifications of unauthorized or high-risk activities.

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Last updated 23 days ago