DeFi Security Audit for Bima Protocol

Decentralized Finance Protocol Review of Bima

The Bima protocol offers a novel approach to stablecoin issuance by enabling users to mint USBD—a Bitcoin-collateralized asset—using BTC derivatives. To help ensure the system’s reliability, Bima underwent a focused security review facilitated by Cantina. The audit covered core components of the stablecoin infrastructure and staking module, examining how collateral is validated and how redemptions are managed.

By engaging in formal security audits, Bima reinforces its commitment to secure DeFi development. Cantina also provides ongoing defenses through complementary services like bug bounty programs and crowdsourced security competitions, which can help sustain protocol integrity as the ecosystem evolves.