Security

WaterX's security measures and risk disclosures.

Smart Contracts

WaterX's core contracts are built with Move and deployed on the Sui blockchain. The contract architecture is based on the battle-tested Typus Perps v2 design.

Audits

WaterX's core contracts have been audited by Adevar Labs and MoveBit.

Item	Details
Auditor	Adevar Labs
Report published	Jun 3, 2026
Scope	waterx_prediction, waterx_account, waterx_credit, waterx_oracle, waterx_oracle_rule
Methods	Architecture review, manual code review, unit testing
Full report	WaterX Audit Report by Adevar Labs

Item	Details
Auditor	MoveBit
Report published	Apr 19, 2026
Scope	waterx-contract and waterx-sdk-contract
Methods	Architecture review, manual code review, unit testing
Full report	WaterX Audit Report by Movebit

Risk Disclosures

Important: Please understand the following risks before using WaterX.

Trading risk: Perpetual trading involves significant risk. Using leverage can lead to rapid and substantial losses, including total loss of principal. Past performance does not indicate future results.

Smart contract risk: Although WaterX's contracts have undergone rigorous development and testing, any smart contract may contain undiscovered vulnerabilities.

Oracle risk: WaterX relies on Pyth Network and Supra for price data. Oracle failures or price manipulation could result in incorrect liquidations or trade execution.

Liquidity risk: WLP liquidity may be insufficient to satisfy all trading and withdrawal demands. During high utilization periods, WLP redemptions may be restricted.

Regulatory risk: The regulatory environment for DeFi and cryptocurrency continues to evolve and may affect protocol operations.

This documentation does not constitute investment advice. Make trading decisions based on your own risk tolerance and financial situation.