> For the complete documentation index, see [llms.txt](https://docs.bouncebit.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bouncebit.io/assets/first-bouncebit-tvl-audit-report.md).

# First BounceBit TVL Audit Report

Given the nature of our CeFi+DeFi infrastructure, a portion of BounceBit’s TVL is allocated to collateral/trading activities in CeFi. Besides presenting onchain transaction flow, we also work with auditing firms to ensure transparency.

Here’s the first audit report on BounceBit’s BTC TVL conducted by Mainnet Digital on Feb 7, 2024. 

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