OKX Publishes 13th Consecutive Proof of Reserves (PoR) with USD14.5 Billion in Primary Assets, Over 1m Users View Reserves
Hong Kong SAR, November 29, 2023 -- OKX , a leading global Web3 technology company and crypto exchange, today published its 13th monthly Proof of Reserves (PoR) report, demonstrating USD14.5 billion in primary assets backing user funds. Since the launch of OKX's program in late 2022, over one million users have viewed the reserves data or verified that their assets are backed 1:1.
OKX's latest Proof of Reserves (PoR) report outlines a reserve ratio of over 100% for 22 of the most commonly used assets on the platform, including BTC, ETH, USDT and USDC. This is the 13th consecutive month that OKX has maintained a reserve ratio of 100% or higher for each of these assets.
OKX's current reserve ratios are as follows: