OKX releases thirteenth monthly Proof of Reserves (PoR) showing $14.5B in user-backed assets. Over one million users have verified their reserves.
Hong Kong SAR โ OKX, a leading global cryptocurrency exchange and Web3 technology company, today published its thirteenth consecutive Proof of Reserves (PoR), demonstrating $14.5 billion in primary assets backing user funds. Since launching its PoR program in late 2022, over one million users have verified that their assets are fully backed.
๐ Discover how OKX maintains 100%+ reserve ratios
The latest report shows reserve ratios exceeding 100% for 22 major assets including:
- BTC: 103%
- ETH: 103%
- USDT: 102%
- USDC: 104%
Lennix Lai, OKX Chief Commercial Officer, stated:
"Our Proof of Reserves program continues setting industry standards for transparency. By publishing monthly reports and implementing user feedback, we demonstrate OKX's commitment to providing the most secure crypto platform."
Key Developments
- First-time USDC inclusion in primary assets reflects growing adoption
- zk-STARK technology integration (April 2023) enables private verification
- Top-tier audit rating from blockchain expert Nic Carter
Last month marked OKX's PoR program first anniversary, commemorated with a video featuring industry leaders advocating for proof of reserves as an industry standard.
Users can verify OKX's latest reserve ratios here.
FAQ
What is OKX's Proof of Reserves?
A monthly audit demonstrating OKX holds sufficient assets to cover all user funds, with verifiable on-chain data.
How often does OKX publish reserve reports?
Monthly for 13 consecutive months as of November 2023.
What makes OKX's PoR different?
Implementation of zk-STARK technology allows private verification while maintaining transparency.
๐ Explore OKX's secure trading platform
Industry Leadership
- X Layer Mainnet Launch: 200+ dApps now available on OKX's L2 solution
- OKX Pay: Revolutionary crypto payment solution
- Institutional Partnerships: Expanded collaboration with CoinRoutes
Disclaimer: Content provided for informational purposes only. Cryptocurrency holdings involve high risk. Consult financial advisors regarding your specific situation.
ยฉ 2025 OKX. This content may be reproduced with proper attribution.
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