Some CEXs Are Safeguarding User's Funds Post FTX

In the aftermath of FTX, Protection Fund have become a vital criteria in CEXs ecosystem. Many users are now aware of and are intentional when selecting a CEX to trade or operate generally...

In January 2025, CEXs like Bitget have consolidated there already impressive protection fund which includes an all-time-high of $690 million and an average monthly valuation of $648 million.

This is a significant growth from $617 million in December 2024, growing from its $300 million launch in 2022.

As volatility and hacks continue to be a household crypto issue, this will continue be a welcomed counter balance for users fund with 1:1 Proof of Reserve ratio.

What are your thoughts on the future users fund security?

With FTX compensation coming in March, do you think CEX without similar architecture are safe?