API Security

Secure your trading operations with Moondraft's comprehensive API security framework. Our multi-layered approach protects your trading capital, API keys, and sensitive data from unauthorized access and cyber threats.

Security Features:

  • JWT token-based authentication
  • API key management with granular permissions
  • Rate limiting and DDoS protection
  • Real-time monitoring and threat detection
  • Encrypted data transmission (HTTPS/TLS)

Authentication Methods

JWT Token Authentication

Moondraft uses JSON Web Tokens (JWT) for secure, stateless authentication. Each token contains encrypted user information and has a limited lifespan to minimize security risks.

Token Features

  • Expiration: 1-hour token lifespan
  • Encryption: RS256 asymmetric encryption
  • Claims Validation: Issuer and audience verification
  • Automatic Renewal: Refresh tokens for seamless sessions

Security Benefits

  • No server-side session storage required
  • Tamper-proof token integrity
  • Wallet address-based identity verification
  • Revocable access on security breaches

API Key Management

Key Generation and Storage

  • Unique Generation: Cryptographically secure random key generation
  • Encrypted Storage: Keys stored using AES-256 encryption
  • Never Logged: API secrets never appear in system logs
  • Secure Transmission: Keys only transmitted over HTTPS

Permission Scoping

Read-Only Permissions

  • Market data access
  • Account balance queries
  • Order history retrieval
  • Portfolio analytics

Trading Permissions

  • Order placement and cancellation
  • Position management
  • Withdrawal requests
  • Token creation and management

Security Best Practice: Use separate API keys for different applications. Grant only the minimum permissions required for each use case.

Access Control and Authorization

IP Whitelisting

Restrict API access to specific IP addresses for enhanced security:

  • Static IP Binding: Lock API keys to predetermined IP addresses
  • Multiple IPs: Support for up to 10 whitelisted IPs per key
  • Geographic Restrictions: Optional country-based access controls
  • Automatic Blocking: Suspicious IPs automatically blacklisted

Role-Based Access Control (RBAC)

Trader Role

  • Execute trades up to daily limits
  • Access portfolio and balance data
  • Create tokens with standard parameters
  • Withdraw up to verified limits

Developer Role

  • Read-only market data access
  • Historical data queries
  • Account information (no trading)
  • Webhook configuration

Rate Limiting and DDoS Protection

Request Throttling

Prevent abuse and ensure fair resource allocation:

Standard Limits

  • Market Data: 100 requests/second
  • Trading Orders: 50 requests/second
  • Account Queries: 25 requests/second
  • Token Operations: 10 requests/second

Burst Protection

  • Sliding window rate limiting
  • Automatic backoff for exceeded limits
  • Temporary suspension for abuse patterns
  • White-label rate limits for partners

DDoS Mitigation

  • Traffic Analysis: Real-time request pattern monitoring
  • Automatic Scaling: Infrastructure scales to handle legitimate traffic spikes
  • Attack Detection: Machine learning-based attack pattern recognition
  • Failover Systems: Multiple data centers for high availability

Data Encryption and Transmission

Transport Layer Security

All API communications are encrypted using industry-standard protocols:

  • TLS 1.3: Latest encryption protocol for maximum security
  • Perfect Forward Secrecy: Unique session keys for each connection
  • Certificate Pinning: Protection against certificate authority compromises
  • HSTS Enforcement: Automatic HTTPS redirection and enforcement

Request Signing

Critical operations require additional request signing for verification:

// Example request signing
const timestamp = Date.now().toString();
const signature = createHmac('sha256', apiSecret)
  .update(timestamp + 'POST' + '/api/v1/trading/orders' + requestBody)
  .digest('hex');

const headers = {
  'X-API-Key': apiKey,
  'X-API-Timestamp': timestamp,
  'X-API-Signature': signature
};

Monitoring and Threat Detection

Real-Time Monitoring

Continuous security monitoring protects your trading operations:

  • Anomaly Detection: AI-powered detection of unusual trading patterns
  • Geographic Monitoring: Alerts for access from new locations
  • Concurrent Session Tracking: Monitor simultaneous API usage
  • Failed Authentication Alerts: Immediate notification of access attempts

Automated Response Systems

Threat Response

  • Automatic API key suspension on breach detection
  • IP blocking for malicious activities
  • Emergency trading halt capabilities
  • Automated incident escalation

Recovery Procedures

  • Rapid key regeneration processes
  • Account isolation protocols
  • Transaction reversal mechanisms
  • Communication with affected users

Security Logging and Auditing

Comprehensive Logging

All security-related events are logged for analysis and compliance:

  • Authentication Events: All login attempts and token generations
  • API Access Logs: Every API request with anonymized details
  • Trading Activities: Complete audit trail of all trading operations
  • Administrative Actions: Security setting changes and key management

Data Retention and Privacy

  • Log Retention: Security logs retained for 2 years
  • Data Minimization: Only necessary data is logged
  • Encryption at Rest: All stored logs are encrypted
  • Access Controls: Strict access to log data by authorized personnel only

Best Practices for Developers

Secure Development Guidelines

Critical Security Requirements:

  • Never embed API secrets in client-side code
  • Use environment variables for credential storage
  • Implement proper error handling to avoid information leakage
  • Validate all input data before processing
  • Use prepared statements for database queries

Testing and Validation

  • Sandbox Testing: Use test environment for all development
  • Penetration Testing: Regular security assessments of your integration
  • Code Reviews: Security-focused code reviews before deployment
  • Dependency Scanning: Regular updates and security patches

Operational Security

  • Key Rotation: Rotate API keys every 90 days
  • Access Auditing: Regular review of API access patterns
  • Incident Response Plan: Prepared procedures for security incidents
  • Security Training: Keep development team updated on security practices

Compliance and Standards

Security Standards

Moondraft adheres to industry-leading security standards:

  • OWASP API Security Top 10: Protection against all major API vulnerabilities
  • ISO 27001: Information security management system certification
  • PCI DSS: Payment card industry data security standards
  • SOC 2 Type II: Service organization control audit compliance

Regular Security Assessments

  • Quarterly Penetration Testing: External security assessments
  • Vulnerability Scanning: Daily automated security scans
  • Code Security Reviews: Static and dynamic analysis of all code
  • Third-Party Audits: Independent security evaluations

Incident Response

Security Incident Procedures

In case of a security incident:

  1. Immediate Response: Automatic systems isolate affected components
  2. Investigation: Security team analyzes scope and impact
  3. Communication: Affected users notified within 72 hours
  4. Resolution: Vulnerabilities patched and systems restored
  5. Follow-up: Post-incident review and security improvements

User Notification

  • Breach Notifications: Immediate alerts for account compromises
  • Status Updates: Regular communication during incident response
  • Resolution Reports: Detailed explanation of resolution steps
  • Prevention Measures: Guidance on additional security steps

Emergency Contact: For immediate security concerns, use the emergency contact form in your account dashboard. Critical security issues receive 24/7 response.

Security Configuration Checklist

Before Going Live

  • ✅ Enable IP whitelisting for production API keys
  • ✅ Set up separate API keys for different environments
  • ✅ Configure appropriate permission scopes
  • ✅ Test emergency key revocation procedures
  • ✅ Implement request signing for sensitive operations

Ongoing Security Maintenance

  • ✅ Monitor API usage patterns regularly
  • ✅ Rotate API keys according to schedule
  • ✅ Review and audit access logs monthly
  • ✅ Update security configurations as needed
  • ✅ Stay informed about security updates and patches
Security First: At Moondraft, security isn't an afterthought—it's built into every aspect of our API design and implementation. Your trading capital and data are protected by multiple layers of security controls and continuous monitoring.