TL;DR
- Bitget and BlockSec defined the UEX standard with a security framework for exchanges that integrate crypto, tokenized assets, and traditional markets.
- The standard sets five technical pillars covering verifiable solvency, multi-asset risk isolation, data protection, AI-driven monitoring, and infrastructure security.
- Bitget backs the framework with a 163% Proof of Reserves and a protection fund close to $580 million.
Bitget and BlockSec published the report The UEX Security Standard: From Proof to Protection, a technical document that defines a security framework for Universal Exchanges (UEX). The report targets platforms that integrate crypto assets, tokenized assets, and traditional financial markets under unified account structures and shared risk systems.
Bitget outlines an operational shift in exchange infrastructure. UEX platforms no longer operate on a single asset type or on isolated custody and settlement models. The security framework spans custody, pricing, settlement, identity, regulatory compliance, infrastructure, and data flows within a single architecture. According to the report, this structure introduces systemic risks that cannot be managed through asset-specific controls or post-incident responses.
Five Technical Pillars
The UEX standard defines five technical pillars. The first is verifiable solvency supported by cryptographic proofs. The second is risk isolation across multiple asset classes to prevent cascading effects. The third establishes strict standards for data security and privacy protection. The fourth focuses on dynamic monitoring through AI-assisted detection systems. The fifth covers the defense of applications, infrastructure, and cloud environments under resilient architectures.
Bitget supports this framework with concrete operational metrics. The platform maintains a Proof of Reserves with a 163% ratio and a protection fund averaging close to $580 million, with peaks above $608 million. Reserve reports are published regularly and can be independently verified through Merkle tree structures.
Bitget: A Reference for UEX Platforms
The collaboration with BlockSec adds additional technical capabilities. The firm contributes real-time monitoring, offensive security testing, incident response readiness, and compliance controls such as AML screening and fund tracing. These layers are designed to address both on-chain risks and off-chain dependencies.
The Bitget report identifies specific risk vectors in UEX platforms. These include account-level permission failures, the propagation of pricing errors across interconnected markets, cross-effects derived from unified margin systems, and risks linked to brokers, custodians, clearing systems, and infrastructure providers.
The report also references recent cases, such as FTX and the Ronin bridge attack, to illustrate governance failures, trust boundary breakdowns, and asset segregation issues. Bitget frames UEX security as a continuous system supported by transparency mechanisms, emergency protocols, and user education processes
