On June 27th, OKX released its 20th Reserve Proof (PoR) report, indicating that the reserve rates for 22 listed currencies were all above 100 Specifically, the reserve rates for BTC, ETH, USDT, and USDC were as 104%, 102%, 107%, and 102% respectively. The total of these reserves reached $22,366,016,810.
It is worth that OKX is committed to enhancing the transparency of PoR to traditional financial auditing standards in order to lead the industry in safety and transparency. OKX has consistently PoR reports on a monthly basis for the past 20 months with reserve rates exceeding 100%. Furthermore, they have increased the number listed currencies from three to twenty-two. Additionally, they have continuously upgraded their PoR system using various technologies such askle Trees and zk-STARK.
While ensuring user privacy protection at all times，users can independently verify OKX’s solvency under blockchain expert Nic Carter evaluation as representing the highest level of mainstream exchange quality regarding PoR.
Please note that this is provided by OKX Official and does not represent this site’s position or investment advice. Readers are advised to conduct their own careful evaluations.
