Today, we're happy to announce that we have published our 18th consecutive Proof of Reserves (PoR) report, showcasing USD22.3 billion in primary assets backing user funds.
Our PoR report illustrates the reserve ratios of the 22 most commonly traded assets on our platform, including BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH. Consistent with our previous reports, our 18th PoR demonstrates over 100% reserve ratios for all these assets, assuring users that their funds are backed 1:1.
Here are the current reserve ratios for our primary assets:
BTC: 103%
ETH: 104%
USDT: 104%
USDC: 103%
Since the inception of our PoR program, continuous improvements have been made based on user feedback. This commitment to excellence has led to recognition by blockchain expert Nic Carter, who rated our PoR program as the highest among major exchanges.
In 2023, we introduced the Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) technology to our PoR process. This technology empowers users to independently verify the solvency of the exchange and confirm that their assets are fully backed by our reserves, all without compromising their privacy.
To view and interact with our PoR, please click here.
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Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035) and is only intended for wholesale clients (within the meaning of the Corporations Act 2001 (Cth)); and other products and services by the relevant OKX entities which offer them (see Terms of Service). Information is general in nature and should not be taken as investment advice, personal recommendation or an offer of (or solicitation to) buy any crypto or related products. You should do your own research and obtain professional advice, including to ensure you understand the risks associated with these products, before you make a decision about them. Past performance is not indicative of future performance - never risk more than you are prepared to lose. Read our Terms of ServiceTerms of Serviceand Risk Disclosure Statement for more information.
