Press release
Bullbit partners with security "Unicorn" Hacken: Establishing Institutional-grade safety standards for the Derivatives market
Bullbit, a next-generation decentralized derivatives trading platform, today officially announces a strategic partnership with Hacken - a world-renowned security auditor.This move not only marks an important milestone in the Mainnet roadmap, but is also a firm statement regarding Bullbit's position: We choose partners who are Public Entities to establish Institutional-grade safety standards for the App Rollup infrastructure.
Why Hacken? The Status of a "Public Company"
While most auditors in the market still operate as "Private Labs," Hacken has chosen a completely different path: Transparency according to the standards of companies listed in the US.
Hacken is a pioneer in the Web3 security industry implementing a Crypto IPO and Equity Tokenization roadmap. This means that all their financial activities, operational processes, and audit quality are subject to strict supervision by public shareholders, similar to technology corporations on the NASDAQ or NYSE.
"Partnering with Hacken, Bullbit is not just buying a technical report. We are buying the endorsement of an organization operating with the highest legal and financial standards of the West," shared a Bullbit representative. "For Korean investors and large funds, having an audit partner with a transparent profile like a securities firm is a key factor for capital disbursement."
App Rollup: An infrastructure game, not a Dapp game
Bullbit is not building a simple Dapp on someone else's platform. We are building App Rollup - a Sovereign Infrastructure.
According to this architecture, According to this architecture, Bullbit owns a separate Execution Layer operating On-RAM, where Sequencers are responsible for matching orders with millisecond speed, equivalent to the experience on leading CEXs. However, all transaction results (Settlement) are securely anchored On-chain.
The complexity of this model requires an auditing entity of Hacken's stature - those who have protected ecosystems for "giants" like NEAR, 1inch, and Binance.
"Zero Critical Bug": Endorsement from a world-class team
One of the key highlights before entering the formal Penetration Testing phase is the confidence in the system architecture. Based on initial internal reports, Bullbit's App Rollup architecture is rated as "Zero Critical Bug by Design."
This means that right from the design stage, the Bullbit team has eliminated common risks such as Rug-pull or Oracle Manipulation.
Particularly, the "Inclusion Queue" mechanism - a feature that helps users withdraw funds directly from L1 even if the Exchange stops operating - has received special attention from Hacken. This is a mandatory feature to achieve the "Trustless" standard required by major financial institutions.
Ready for Institutional - grade capital
The 2026 Crypto market is no longer a playground of ambiguity. The partnership between Bullbit and Hacken sends a strong signal:
Global Standards: Bullbit plays by international rules, choosing a partner with "Public Company" status.
Absolute Capital Safety: Liquidity Provider (LP) assets are protected by Smart Contracts that have undergone the most rigorous testing processes.
Comprehensive Transparency: We commit to making the entire Verifier source code and Audit reports (including Internal Reports) public, in line with Hacken's spirit of transparency.
The infrastructure is ready, and the era of App Rollup Trading has only just begun.
globe pr wire
Hacken is a leading Web3 security audit company, a pioneer in the Crypto IPO and Equity Tokenization (RWA) model, operating with financial transparency equivalent to companies listed in the US. With a team of world-class experts, Hacken has protected the Web3 ecosystem from thousands of potential threats.
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