Trust Center

Security at Bitlendex

How we protect Bitcoin collateral: audited smart contracts, a clear custody model, and collateral records anyone can check on-chain.

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Last updated October 2026 · security@bitlendex.com

5

Independent audits completed

Certora · Halborn · Thesis Defense · Guvenkaya

1:1

BTC token per BTC deposited

Issued on NEAR by the NEAR Intents bridge

0

Admin keys or backdoors

Contracts immutable once deployed

100%

Collateral records on-chain

Check yours on NearBlocks at any time

Custody & key management

Bitlendex never holds your BTC or your keys. The NEAR Intents bridge holds the BTC you deposit, and immutable smart contracts hold the record of your collateral.

Who holds your BTC

The NEAR Intents bridge holds the BTC you deposit. Bitlendex never holds it. After your deposit confirms, the bridge moves the BTC from your deposit address to its shared Bitcoin treasury.

Collateral you can check

On a Bitcoin block explorer such as mempool.space, you can see your deposit arrive at your deposit address and then move to the bridge's treasury. On NearBlocks, the NEAR block explorer, the Borrow Executed transaction on your Activity page shows the 1:1 BTC token moving into the lending contract as your collateral.

Immutable smart contracts

No admin keys, no upgrade paths. Loan terms are enforced by code that cannot be altered after deployment, by Bitlendex or anyone else.

Native BTC, no WBTC

Your BTC stays on the Bitcoin network and is never wrapped into WBTC or moved to Ethereum. When your deposit confirms, a 1:1 BTC token on the NEAR network is credited to your account. When you confirm your loan, that token is locked in the lending contract as the record of your collateral. When you repay, the lock is released and the bridge sends your BTC to a Bitcoin address you choose.

Audits & verification

The lending contracts have been through five independent security reviews across four firms. Full reports are hosted here — readable by anyone, including search engines and AI agents.

HalbornProxy & oracle security assessmentJuly 2026CompletedReport
HalbornCurated vaults security assessmentMay 2026CompletedReport
CertoraFormal verification & security assessmentSeptember 2025CompletedReport
Thesis DefenseSmart contract security auditJuly 2025CompletedReport
GuvenkayaNEAR smart contract security reviewApril 2025CompletedReport

Platform security

Encryption everywhere

TLS 1.3 in transit, AES-256 at rest.

Multi-layer authentication

Login and platform actions require 2FA.

99.9% uptime SLA

Automated failover keeps loan operations continuous.

Multi-region redundancy

Geographically distributed nodes. No single point of failure.

Disaster recovery

Interact directly with the contracts even if Bitlendex goes offline.

24/7 monitoring

Continuous scanning for anomalies, oracle deviations, and network health.

Service providers

Amazon Web Services

Cloud infrastructure and compute.

Cloudflare

Edge network, WAF, and DDoS protection.

Privy

Wallet and passkey authentication.

Persona

Identity verification (KYC/AML).

Cybrid

Fiat rails for bank transfers and payouts.

Responsible disclosure

Found a vulnerability? Report it and we'll respond quickly. Include a description, reproduction steps, and impact. Anonymous reports welcome.

security@bitlendex.com