On May 29th, OKX released the 19th Reserve Proof report, revealing that the reserve ratios of 22 public cryptocurrencies exceeded 100%. Specifically, the reserve ratios of BTC, ETH, USDT, and USDC were 104%, 103%, 102%, and 102% respectively. The total value of these four cryptocurrencies reached $22,450,807,887.
It is reported that OKX is committed to enhancing the transparency of Proof of Reserves (PoR) to meet traditional financial auditing standards, thereby continuously leading the industry in safety and transparency. OKX has consistently published PoR reports on a monthly basis for 19 consecutive months, with reserve ratios exceeding 100%. The number of public cryptocurrencies has increased from 3 to 22, and the PoR system has been continuously upgraded with technologies such as Merkel Trees, Merkelized Abstract Syntax Trees, and zk-STARK. These milestones have been achieved while ensuring privacy protection. Users can independently verify OKX’s solvency at any time. Blockchain expert Nic Carter has recognized OKX as representing the highest level of PoR quality among mainstream exchanges.
This article provides official information and does not represent the stance or investment advice of this website. Readers are advised to conduct their own careful evaluations.
