The Good Tech Companies - Verified and Audited — The Security Stack Behind LeveX

Episode Date: July 11, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/verified-and-audited-the-security-stack-behind-levex. LeveX offers verifiable crypto securit...y with real-time proofs, audited custody, and transparent risk controls built for developers, quants, and institutions. Check more stories related to cybersecurity at: https://hackernoon.com/c/cybersecurity. You can also check exclusive content about #levex-exchange, #crypto-security, #proof-of-reserves, #audited-custody, #margin-isolation, #real-time-crypto-metrics, #institutional-crypto-tools, #good-company, and more. This story was written by: @jonstojanjournalist. Learn more about this writer by checking @jonstojanjournalist's about page, and for more stories, please visit hackernoon.com. LeveX redefines crypto exchange security with real-time proof-of-reserves, audited custody, and margin isolation. Traders can verify funds, latency, and risks on demand. With tools for developers, compliance officers, and quants, LeveX replaces empty hype with verifiable metrics—making transparency the foundation, not a feature.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Verified and audited, the security stack behind Levex, by John Stoyan journalist. In crypto, a single hidden liability or opaque wallet transfer can wipe out years of brand equity overnight. That's why Levex treats security as an engineering discipline, not a check-the-box talking point. From proof-of-reserves snapshots to margin isolation, the exchange's architecture produces something traders can verify in real time — evidence, not assurances. Plenty of platforms tout cold wallets and bug bounties. Levee X combines those staples with an openly documented, continuously audited stack that
Starting point is 00:00:41 developers, quant desks, and compliance teams can inspect at will. Custody design that favors transparency. Levee X keeps user assets in two distinct storage zones. Cold Vault's location and access offline HSMs stored in multiple jurisdictions under multi-signer protocols. Purpose long-term custody of deposits and the insurance fund. Visibility public wallet addresses let anyone track balances on chain. Warm pools location and access firewall isolated signer clusters connected to withdrawal engines. Purpose supply same-day liquidity without exposing the cold vaults.
Starting point is 00:01:17 Visibility alive dashboard shows hot wallet balances and the ratio of warm funds to trailing 24-hour withdrawal demand. Every 12 hours, LeveeX publishes a Merkle Tree snapshot of liabilities next to wallet balances. Users can hash their own account data to prove inclusion. An external auditor reruns the procedure monthly and releases a checksum-matched report. Internal risk controls. Isolated margin engine each trade has its own collateral pocket and liquidity online, so one mis-timed position can't cascade into total account loss. Dynamic exposure caps on low liquidity pairs, leverage and size throttle automatically.
Starting point is 00:01:56 Caps appear before order confirmation, limiting slippage spikes and flash crash dominoes. Continuous pen testing in bug bounties white box and black box tests rotate every sprint. critical disclosures are paid in USDT within 48 hours and findings feed an open JIRA board visible to product leads observable operations real-time status dashboard uptime withdrawal latency and warm wallet fill levels update every 30 seconds. if a subsystem dips below SLA, traders see an orange, investigating, flag before rumors can circulate. Incident retrospectives any anomaly triggers a public root cause report cataloging timestamps,
Starting point is 00:02:35 affected components, remediation steps, and prevention changes. Third-party analytics hooks beginning Q3 2025 on on-chain Intel firms will plug directly into Levee X wallets, giving power users independent monitoring overlays. Leadership philosophy, evidence over hype. Harvey Liu, Levee X's co-founder and CEO, spent years funding Web3 infrastructure before building his own exchange. That vantage point convinced him that solvency proofs and attack surface metrics would soon matter more than token listings or celebrity sponsorships. Product sprints don't close until engineers can answer two questions.
Starting point is 00:03:12 How can a user verify this works? And how fast can security teamstress abuse? If answers aren't repeatable, the feature waits. Independent eyes on the code. Levex hires Halborn for quarterly network and application penetration tests and Trail of Bits for deep reviews of smart wallet and risk engine code. Redacted summaries live in the trust center for anyone to download. Why developers and quant desks care. For algorithmic traders, consistency is king. Levex's well-documented API endpoints provide stable latency profiles and deterministic order matching rules, letting Quants' model slippage with confidence that live performance
Starting point is 00:03:49 will match backtests. Institutional treasuries gain liability transparency. Twice daily Mercklesnapshots let finance teams hash their own account leaves and reconcile balances within minutes, streamlining post-trade risk checks. Compliance officers get plug-and-play audit hooks that pull reserve proofs, incident logs, and uptime metrics straight into governance dashboards, trimming hours, sometimes days, from monthly reporting cycles. Security metrics that stay public. Levex publishes four live indicators to prove its safeguards deliver real-world reliability. Platform uptime averages 99.94%,
Starting point is 00:04:27 beating the 99.9% SLA. Warm wallet balances sit at 120% or more of rolling daily withdrawals. Bug bounty response time averages 44 hours, under the 48-hour target. 83% of monthly active users open at least one Proof of Reserves report, showing transparency tools are used, not ignored. Because these numbers update continuously,
Starting point is 00:04:51 rather than appearing in occasional marketing decks, traders can validate Levex's health without waiting for quarterly press releases. The bottom line, Security Theater ended the day traders learned to run SHA-256 sum on a Merkle leaf. Exchanges that can't expose verifiable data will struggle to retain informed capital. By pairing open-custody design with margin isolation, third-party audits, and a culture of immediate disclosure, LeveeX demonstrates what a secure crypto platform looks like in 2025.
Starting point is 00:05:22 When code is law and math is trust, LeveeX supplies both, on-chain, on-demand, and open for inspection. Experience verifiable security at Levex. Come and judge for yourself. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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