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We Publish Fifth Monthly Proof of Reserves Showing 8.9 Billion USD in Assets, Showcasing Transparency amid Financial Sector Worries

  • OKX publishes proof of reserves showing 8.9b USD in BTC, ETH and USDT
  • Latest Proof of Reserves system upgrades transparency by making OKX’s full liability Merkle tree publicly available, safeguards user privacy via technical solution

Proof of Reserves Program

We today published our fifth monthly Proof of Reserves (PoR) showing $8.9 billion USD held in BTC, ETH and USDT.

Our latest PoR report demonstrates the power of technology-based ‘future tools’ to earn user trust, particularly at times when turmoil in the financial sector highlights the need for transparency.

Our current reserve ratios:

BTC: 103%

ETH: 103%

USDT: 102%

We also upgraded the transparency of its Proof of Reserves system by making full liabilities, or total balance of user deposits, visible to the public. This allows anyone to download the full liability Merkle tree as opposed to the previous system, which showed a user’s own liabilities but obscured data from other users. To safeguard user privacy, we splits and shuffles account liabilities in the tree using a technical solution called ‘splitting leaf nodes.’

Users are able to view our March PoR online, including reserve ratios for new and historical data. Reserves and liabilities can be self-verified on our website using open-source 3rd party verification tools.

We will soon upgrade our PoR further with zero-knowledge proof technology, a tamper-proof cryptographic approach that allows users to verify all client deposits are accounted for and guarantees solvency by comparing net equity of user assets to exchange reserves.

We have published thousands of addresses for the Merkle Tree PoR program, and will continue to use these addresses to allow the public to view asset flows. Our PoR protocol is open source and available to the public on Github. Our additional holdings can be viewed on the OKX Nansen Dashboard.

For the third month in a row, third-party data again shows that we hold the largest 100% clean asset reserves among major exchanges.

As part of our commitment to transparency, we will continue to publish PoR monthly.

Disclaimer This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.

Aviso legal
Este contenido se proporciona únicamente con fines informativos y puede incluir productos que no están disponibles en tu región. No tiene la intención de brindar: (i) asesoramiento o recomendaciones de inversión, (ii) ofertas o solicitudes de compra, venta o holding de criptos o activos digitales, (iii) asesoramiento financiero, contable, legal o fiscal. Los holdings de criptos o activos digitales, incluidas las stablecoins, implican un riesgo alto y pueden fluctuar considerablemente. Te recomendamos que analices si el trading o el holding de criptos o activos digitales es adecuado para ti en función de tu situación financiera. Consulta con un asesor legal, fiscal o de inversiones si tienes dudas sobre tu situación en particular. La información que aparece en esta publicación (incluidos los datos de mercado y la información estadística, si la hubiera) solo tiene fines informativos generales. Si bien se tomaron todas las precauciones necesarias al preparar estos datos y gráficos, no aceptamos ninguna responsabilidad por los errores de hecho u omisiones expresados en este documento.

© 2025 OKX. Se permite la reproducción o distribución de este artículo completo, o pueden usarse extractos de 100 palabras o menos, siempre y cuando no sea para uso comercial. La reproducción o distribución del artículo en su totalidad también debe indicar claramente lo siguiente: "Este artículo es © 2025 OKX y se usa con autorización". Los fragmentos autorizados deben hacer referencia al nombre del artículo e incluir la atribución, por ejemplo, "Nombre del artículo, [nombre del autor, si corresponde], © 2025 OKX". Algunos contenidos pueden ser generados o ayudados por herramientas de inteligencia artificial (IA). No se permiten obras derivadas ni otros usos de este artículo.

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