OKX Web3 Earn integrates CertiK Skynet security ratings to further protect the Web3 world
After the integration of CertiK's Skynet security score into OKX Web3 Earn, users can easily identify projects that prioritize security at their core.Author: GlobeNewswire
As a leading Web3 security institution in the industry, CertiK officially announces the integration of the Skynet security rating into the OKX Web3 Earn DeFi aggregator. OKX is one of the second-largest exchanges in the Web3 currency industry and a leading Web3 technology company, while CertiK is a pioneer in blockchain security solutions.
The Skynet security rating from CertiK uses a weighted average score of a series of security indicators to assess the security status of Web3 projects, enabling users to easily and clearly evaluate the safety of the projects. By combining indicators such as code audits, operational resilience, market stability, and the background of development teams, the Skynet security rating provides investors with valuable supplementary information.
OKX Web3 Earn is a multifunctional all-in-one platform. This platform helps users fully leverage the advantages of decentralized finance, allowing them to find, compare, and manage lucrative investment opportunities across different DeFi protocols using a single, streamlined interface. By using Web3 Earn, users can find optimal earning paths across 9 different chains and over 80 DeFi protocols. Moreover, more protocols are set to join soon.
A comprehensive due diligence process is crucial; however, analyzing the security of Web3 projects is not as straightforward as it seems. With the integration of CertiK's Skynet security rating into OKX Web3 Earn, users can easily identify projects that prioritize security at their core.
"We are excited to partner with OKX," said Jason Jiang, Chief Business Officer of CertiK. "With our extensive expertise, we believe our partnership will set a standard for enhancing security and transparency in the DeFi space."
Jason Lau, Chief Innovation Officer of OKX, stated, "At OKX, we prioritize enhancing user transparency and security. While OKX's industry-leading proof of reserves system has provided transparency for assets held on the platform, we also aim to enhance transparency for users with self-custodied assets. We are pleased to implement rigorous security protocols and integrate CertiK's Skynet security rating to provide users with a simplified rating and additional confidence in assessing the safety of Earn protocols."
CertiK's mission is to elevate the security standards and transparency of Web3, and the collaboration with OKX is an important step towards a safer and more open ecosystem.
About CertiK
CertiK is a pioneer in blockchain security, utilizing state-of-the-art formal verification technology, AI auditing techniques, and expert human audits to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by two professors from Yale University and Columbia University, CertiK extends cutting-edge innovations from academia to the industry, enabling mission-critical software and applications to be built in a sufficiently secure and correct environment, thereby protecting the Web3 world.
To date, CertiK has audited over 4,000 Web3 projects, safeguarding digital assets worth over $36 billion from loss, and has identified nearly 70,000 code vulnerabilities. Notable clients include leading projects such as Aave, Polygon, Binance Smart Chain, Yearn Finance, and Chiliz.
Additionally, CertiK has received support from industry leaders including Insight Partners, Sequoia Capital, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank Vision Fund, Hillhouse Capital, Goldman Sachs, Coinbase Ventures, Binance, Shunwei Capital, IDG Capital, Wing, Lenovo Star, and Danhua Capital.
For more information about CertiK, please visit certik.com or follow CertiK's official WeChat account.
About OKX
OKX is a world-leading technology company building the future of Web3. OKX's Web3 currency exchange is recognized as the fastest and most reliable Web3 currency trading platform for investors and professional traders worldwide, ranking as the second-largest Web3 currency exchange by trading volume.
OKX's leading self-custody solutions include the Web3-compatible OKX wallet, which allows users to have better control over their assets while expanding access to DEXs, NFT markets, DeFi, GameFi, and thousands of dApps. OKX collaborates with many of the world's top brands and athletes, including Premier League champions Manchester City Football Club, McLaren Formula 1 Racing, Tribeca Festival, golfer Ian Poulter, Olympic athlete Scotty James, and F1 driver Daniel Ricciardo.
OKX is committed to transparency and security, publishing its proof of reserves monthly.
