Where does value flow in crypto?

bridge

logo

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

$5,889,671,978

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

Learn how to secure your project