Verified rewards.
Every dollar of trader collateral and every payout posts to Base. This page summarises what's published on-chain — treasury, insurance reserve, multi-sig signers, and the latest state root. Click any row to verify on Basescan.
$2.41M
USDC · multi-sig held$314K
10% of cumulative profit share$586K
cumulative · 90% to traders1,148
across all pack tiersHow verification works
The OrderCommitRegistry on Base anchors the off-chain matching engine to a Merkle root of trades, balances, and PnL. If the operator publishes a wrong root, anyone can submit a proof and force a rollback to the last honest state.
Your wallet generates a Merkle proof of your balance under the latest state root and submits it to the vault. The vault releases USDC only if the proof verifies. There is no operator key that can withdraw your funds.
Treasury spends — including team payments, insurance funding, and protocol upgrades — require three independent signers. No single key can drain the contract. Signers are listed below with their on-chain addresses.
At any block, anyone can sum the open positions, fetch the treasury balance, and verify that collateral ≥ obligations. There is no internal ledger, no off-chain "proof of reserves" — the chain is the proof.
Multi-sig signers
Three of these five signatures are required for any treasury action. Cold-keys held in geographically separated hardware vaults.
Signers rotate annually. Each rotation is published on-chain with an attestation from the outgoing signer. Address history viewable on Basescan.
Recent state roots
| Block | Time | Root (truncated) | Trades batched | Verification status |
|---|---|---|---|---|
| 23,481,902 | 2 min ago | 0x91af…3b4c | 1,247 | Pending |
| 23,481,883 | 8 min ago | 0x4f02…ae18 | 1,302 | VERIFIED |
| 23,481,864 | 14 min ago | 0xab7c…092f | 1,189 | VERIFIED |
| 23,481,845 | 20 min ago | 0x6d18…f4b3 | 1,422 | VERIFIED |
| 23,481,826 | 26 min ago | 0x29ee…817a | 1,388 | VERIFIED |
System health
● OPERATIONAL · 99.99% uptime · 7d
● OPERATIONAL · last update 0.3s ago
● OPERATIONAL · proofs accepted
● OPERATIONAL · <200ms p95
Audits & disclosures
Vault, registry, and treasury contracts audited by an independent firm. Report published before mainnet. Read
Coordinated disclosure preferred. Reach security@dexter.market — full policy at /.well-known/security.txt.