Bluefin is launching on Arbitrum in a Beta state. Despite audits by several independent firms, the Bluefin team deeply considering many design choices and implementing the protocol as carefully as possible, there remains a non-zero chance that our codebase contains some undiscovered vulnerabilities that put user funds at risk.
Given that Bluefin is still a new, cutting-edge, and complex system, we currently maintain various levels of control over the contracts while they're still in this early Beta phase. This includes contract upgradeability, the ability to pause trading on any market, and wallet whitelisting. We believe that maintaining these capabilities during the beta is the only responsible way to launch, while we continue to observe our system. As we progressively decentralize, these controls will be gradually phased out.