Bitunix Care Fund Expands to $50 Million USDC with On-Chain Verification

Bitunix announced on October 19, 2026, that it had increased the size of its Bitunix Care Fund from $30 million to $50 million USDC. The exchange published the fund’s Ethereum address, 0x0988533bCB2e747351F08a365b33E46456C965A1, allowing any user to view current holdings on public block explorers.

Bitunix Care Fund Details and On-Chain Transparency

The Bitunix Care Fund functions as a dedicated reserve intended to cover compensation for users in cases of exceptional incidents that require exchange-level intervention. It does not apply to ordinary market losses. The fund was first capitalized at $30 million USDC in October 2025 and now holds $50 million USDC on Ethereum. The published address enables continuous monitoring of balances without reliance on exchange statements.

Bitunix states that the reserve operates independently of operational funds and undergoes regular internal audits. The company reports that the fund covers the full value of its hot wallets as an extra layer beyond existing custody arrangements. In one prior case from October 2025, protection measures drawn from similar reserves distributed more than $8 million to affected users.

Current asset composition beyond the stated USDC denomination and exact payout triggers remain subject to case-by-case review. Users seeking claims are directed to official support channels for verification.

Integration with Broader Security Framework

The expanded Bitunix Care Fund forms part of the exchange’s Ultra Trust program. That program includes third-party custody through Fireblocks and Cobo with multi-party computation, Proof of Reserves attestations showing over-collateralization ratios above 100 percent for major assets such as BTC, ETH, and USDT, and standard KYC procedures. The on-chain address for the Care Fund adds a verifiable component to these existing controls.

Independent observers can track the address in real time. The approach aligns with industry practices that publish reserve addresses to allow external confirmation of holdings. Bitunix has indicated it will continue periodic Proof of Reserves updates alongside the new transparency measure.

Future Steps and User Access

Bitunix plans additional growth of the reserve as platform volume increases. No specific timeline for further increases has been released. The exchange continues to direct users to its support portal for any inquiries regarding fund usage or claims processes. Ongoing publication of reserve data is expected to remain available through the same Ethereum address.