Decentralized Contract Exchange Sun Wukong: A complete security, risk control, and user feedback mechanism has been established

ChainCatcher news, the Chinese decentralized contract trading platform Sun Wukong held a community AMA, answering user questions regarding security mechanisms, risk control design, transparency, and user feedback mechanisms.

A spokesperson for the Sun Wukong community stated that the platform employs a self-custody and multi-signature mechanism for smart contracts, with assets fully verifiable on-chain. Since the public beta, the platform has not experienced any security incidents, with assets exceeding 50 million USD.

In terms of risk control, Sun Wukong has established a three-tier defense system consisting of an automatic liquidation system, a price oracle manipulation prevention system, and AI-driven 24/7 abnormal volatility monitoring. Since the public beta, it has processed over 1.8 billion USDT in transaction volume, with zero systemic risk events. Regarding trading transparency, transaction fees and $SUN buybacks are conducted simultaneously, allowing the community to track income distribution in real-time.

Additionally, Sun Wukong has established a multi-channel user feedback mechanism, and the team plans to launch a trading data dashboard and low-latency API in Q4, further enhancing the platform's openness and professionalism.