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A major perpetual and spot trading platform just made a significant move—they've opened up the code that powers every on-chain transaction. We're talking orders, cancellations, liquidations, the whole stack. After completing comprehensive audits on both their perpetual and spot circuits, they decided transparency wasn't just a buzzword but actual action.
The reason? Simple. Trust. When you can verify exactly what's happening under the hood for every operation, it changes the game. Users aren't just taking the platform's word for it anymore. The code is there. Audit it yourself. Check if liquidations are fair, if order execution is what they claim, if cancellations process correctly.
This kind of move forces the industry to raise its standards. It's not revolutionary—it's overdue. But in a space where trust is still being rebuilt, open-sourcing the mechanics that matter sends a clear signal: we've got nothing to hide.