TechFlow news, on October 15, Sun Wukong, the world's first Chinese decentralized contract trading platform, hosted a community AMA, addressing user questions regarding security mechanisms, risk control design, transparency, and user feedback systems. A Sun Wukong community spokesperson stated that the platform utilizes smart contract self-custody and multi-signature mechanisms, with assets verifiable on-chain at all times. Since its public beta launch, the platform has experienced no security incidents and holds over $50 million in assets.
In terms of risk management, Sun Wukong has established a three-layer defense system comprising an automated liquidation system, price oracle anti-manipulation system, and AI-driven 24/7 abnormal volatility monitoring. Since public testing began, it has processed over $1.8 billion in trading volume with zero systemic risk events. Regarding transaction transparency, fee buybacks using $SUN tokens are conducted in real time, allowing the community to track revenue distribution instantly. Additionally, Sun Wukong has implemented a multi-channel user feedback mechanism, and the team plans to launch a trading data dashboard and low-latency API in Q4 to further enhance the platform's openness and professionalism.
