To all KAKOPX users:
2022 was a year in which the crypto industry faced an unprecedented crisis of trust.
The collapse of Luna shattered the myth of algorithmic stablecoins, and the sudden downfall of FTX became a watershed moment, plunging the entire industry from euphoria into the abyss. Investor confidence collapsed, market liquidity dried up, and both media and regulators questioned: Is crypto finance still worthy of trust? Yet, in this year, KAKOPX achieved a result that seemed ordinary but was profoundly important: zero user asset losses throughout the year.
There were no grand declarations, no attempts to avoid the storm. Instead, KAKOPX chose to rely on technical architecture and risk control mechanisms to safeguard user assets in the midst of chaos. This was not only a self-verification for the platform but also a response to the industry crisis of trust.
Three Years of Accumulation, Anchoring Trust
2022 marked the third anniversary of the KAKOPX founding.
There was no exaggerated “explosive growth”; instead, we chose a more solid path: refining our underlying architecture, strengthening asset security, and optimizing user experience. We have always believed that a truly trustworthy trading platform must withstand the test of storms.
This year, we did many things you may not have noticed, but they form the true guarantee of your asset security:
Fully implemented hot and cold wallet separation to ensure user funds are stored in isolation;
Introduced third-party multi-layer audit mechanisms, with regular security audits of core wallets and matching engines;
Launched a real-time Proof of Reserve module, making asset reserves transparent and verifiable;
Built a risk control isolation system to prevent platform assets from participating in any form of staking or re-staking;
Established long-term partnerships with professional custodians, driving the institutional evolution of compliant and secure custody standards.
The hardest thing for a platform is not popularity, but the ability to stand firm in a storm—to remain a clear beacon in the darkness. KAKOPX does not just talk about “security first”; we have truly embedded security into our rules and architecture.
In 2022, we did not escape the industry storms; instead, we completed round after round of stress testing within them. While withstanding multiple waves of extreme market volatility, we also saw further optimization of our user structure:
For the first time, mobile users accounted for over 68%, reflecting deeper penetration in emerging markets;
API trading and custody demands rose significantly, indicating steadily increasing institutional trust;
Over 62% of registered users enabled two-factor authentication and wallet protection, showing a general rise in security awareness.
Trust is never built through advertising or rhetoric, but is genuinely felt through repeated technical implementation and mechanism evolution.
Moving Forward Without Shortcut Speculation
In this industry, there are new trends and short-term narratives every year, but we always remind ourselves: we are not here to chase the “fastest” growth, but to build the “most stable” system. This year, KAKOPX focused on three key areas:
Comprehensive upgrade of the trading matching engine to improve system concurrency and stability;
Strengthened account risk identification, creating a full-chain fund monitoring mechanism;
Opened up compliance pathways in multiple regions, gradually expanding our global compliance network.
Three years is neither long nor short, but it is enough for speculators to exit and builders to settle in. Thank you to every user who chose to stay and trust KAKOPX in 2022. You are the entire meaning of this platform existence. KAKOPX firmly believes that before the next cycle truly arrives, the platform governance structure, security capabilities, and compliance foundation are the real “underlying assets.”
KAKOPX cannot predict the exact day of the next bull market, but what we can promise is this: whenever users need a stable, transparent, and trustworthy platform, KAKOPX will always be here.
In 2023, we will continue moving forward.