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bridge
Binance-Peg
Binance-Pegged Tokens are assets issued by Binance to represent assets held in Binances reserve. These assets must be depositted into a Binance account in orderto redeem for the underlying asset.
bridge TVL
$7,693,680,332
Trustlessness by LI.FI
Score
Very Low
Type
Externally Verified
Security Assumptions
• Users lose custody and trust Binance with their funds.
• Binance has no staked collateral - Users trust Binance's reputation.
Bug bounties by immunefi.com
This bridge has no bug bounty
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