MDEX Passes CertiK Security Audit with Flying Colors
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MDEX Passes CertiK Security Audit with Flying Colors

THELOGICALINDIAN - Singapore March 30 2024 Arch decentralized barter MDEX afresh acquired a 94 aegis analysis account on CertiK a arch blockchain aegis close Its aerial account indicates it is amidst the safest arch DeFi decentralized accounts projects

CertiK is a arch all-around blockchain aegis company, founded by computer science advisers from Yale and Columbia Universities. By leveraging cutting-edge technology and expertise, CertiK has performed added than 400 audits and anchored over $10 billion in agenda asset value. It has conducted audits for top crypto exchanges Binance, Huobi, OKEx, and added than 100 top-shelf blockchains and DeFi protocols such as Tera, Bancor, Shapeshift, and Blockstack.

MDEX Passes CertiK Security Audit with Flying Colors

MDEX acute affairs accept undergone CertiK’s aegis accident audits and academic verification, casual with aerial colors. 

At the time of this writing, an overview of MDEX aegis audit shows that it has denticulate 97% in Static Analysis, with accessory vulnerability & aegis analysis issues; 100% in On-chain Monitoring, with advantageous real-time transactional tracking systems; 92% in Social Sentiment, based on a absolute affect analysis; 96% in Governance & Autonomy, a ‘Strong’ account in arrangement blockage and action archetype over decentralized practices; 100% in Market Volatility, acceptation it has able-bodied indicators over trading volume/liquidity/depth; and 88% in Assurance Assessment, a ‘Good’ account based on fact-based and multi-faceted assurance evaluations.

The CertiK analysis (download articulation here)  letters that, overall, MDEX “source cipher is able-bodied accounting with aegis practices” and that the “business argumentation is absolute and implemented accordingly.” Having done circuit of communications with MDEX over abeyant improvements, CertiK addendum that “the MDEX aggregation has bound the questions promptly”. 

Security is Paramount for DeFi Smart Contract Protocols

While aegis is important for both CeFi (centralized finance) environments, it is analytical for DeFi environments.

Centralized advice systems are anchored by the companies that accommodate them. In the DeFi world, instead of agreement assurance in the accumulated entities, smart affairs are entrusted to administer cipher that could be administration billions or millions in funds.

Being that acute affairs are abiding already deployed, aegis risks in the cipher charge be abounding to afore release. Bugs or aegis vulnerabilities can advance to a corruption of funds or betrayal the acute affairs for hacking opportunities.

MDEX Continues Commitment to Security

MDEX, an automated market-making DEX, currently accouterments a bifold alternation and bifold mining apparatus of clamminess and adaptation mining, alms low-to-zero fees and fast transactions, which has accepted its position as the leading DEX on both Coinmarketcap and Coingecko.

One of the better decentralized protocols deployed and maintained at HECO, MDEX  acutely understands that decentralization goals cannot be accomplished after absolute assurance throughout all facets of blockchain. 

As MDEX continues in its ambition of actuality the blended DeFi ecosystem that integrates DEX, IMO and DAO, the aegis and definiteness of its acute affairs and blockchain-based protocols will abide advanced and center. 

For added capacity about MDEX, amuse appointment the Official Website: https://mdex.com/#/

MDEX Official Channels:

Twitter: https://twitter.com/Mdextech

Telegram: https://t.me/MixDex

Medium: https://mdex.medium.com/

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