We are pleased to announce the release of our 20th consecutive monthly Proof of Reserves (PoR) report. This milestone reaffirms our ongoing commitment to transparency and security within the digital asset industry. The latest report verifies that $22.4 billion in primary assets are held in reserve to fully back customer funds.
To date, over 1.65 million users have independently verified that their assets are backed on a 1:1 basis. This month’s report also includes the public disclosure of 628,484 wallet addresses, allowing anyone to conduct their own audit.
Key Highlights from the 20th Proof of Reserves Report
The report demonstrates strong financial health and responsible asset management. Reserve ratios exceed 100% for 22 major digital assets, meaning more assets are held in reserve than are owed to customers.
Some of the notable reserve ratios include:
- BTC: 104%
- ETH: 102%
- USDT: 107%
- USDC: 102%
Other assets with over 100% reserves include XRP, DOGE, SOL, OKB, and many more. This consistent performance provides users with confidence in the security of their holdings.
Advancing Transparency with zk-STARK Technology
Our Proof of Reserves process utilizes cutting-edge cryptographic technology to ensure both verifiability and user privacy. We employ Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) technology.
This innovation allows the platform to prove its solvency without compromising the privacy of individual user data. Anyone can independently confirm the total assets held by the exchange, setting a new standard for trust in the industry.
Industry Leadership and Advocacy
We actively promote the adoption of Proof of Reserves across the crypto sector. Our leadership team regularly participates in global discussions on enhancing transparency.
Last month, our Chief Innovation Officer shared insights on the role of PoR in industry growth at the DC Blockchain Summit. We also hosted an X Spaces session featuring leading industry voices to discuss the future of verifiable reserves.
This advocacy underscores our belief that regular, verifiable Proof of Reserves should be a standard practice for all digital asset platforms.
👉 Explore our latest transparency report
A Commitment to Global Compliance and Security
Our dedication to transparency extends beyond Proof of Reserves. We have built a globally compliant framework, ensuring user protection across all operated markets.
Recent milestones include:
- Achieving ISO/IEC 27001:2022 certification for our information security management system.
- Successfully launching fully regulated services in key European markets like France, Spain, Germany, and Poland through MiCA passporting.
- Continuously developing new, secure products like OKX Pay to enhance the user experience.
These efforts reflect a core mission: to provide a secure, transparent, and user-focused platform for the global digital asset community.
Frequently Asked Questions
What is Proof of Reserves (PoR)?
Proof of Reserves is an independent verification process that confirms a crypto exchange holds all the assets it owes its customers. It uses cryptographic auditing to prove that user funds are fully backed and available for withdrawal at any time.
How can I verify the Proof of Reserves myself?
You can independently verify the reserves by visiting the dedicated PoR section on our website. The page provides tools to check the Merkle tree validation and view all publicly auditable wallet addresses holding customer assets.
Why is a reserve ratio over 100% important?
A reserve ratio exceeding 100% means the exchange holds more assets in its reserves than the total amount owed to its users. This surplus acts as a buffer, providing an additional layer of security and demonstrating strong financial health.
What is zk-STARK technology?
zk-STARK is a advanced cryptographic proof technology that allows one party to prove to another that a computation is correct without revealing any underlying data. In PoR, it enables the verification of total assets without exposing individual user information.
How often are these Proof of Reserves reports published?
We are committed to monthly publication of our Proof of Reserves reports. This regular schedule provides consistent and up-to-date transparency, allowing users to verify the backing of their assets at any time.
Is my privacy maintained during the verification process?
Absolutely. The use of zk-STARK technology and Merkle tree proofs ensures that the total reserve amount can be audited without ever revealing any individual user’s specific balance or personal information.