OKX has released its reserve proof for the 11th consecutive month: the reserve ratio for 22 publicly listed currencies exceeds 100%

2023-09-26 16:32:02

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ChainCatcher news, OKX has released its proof of reserves for the 11th consecutive month, with the reserve ratio of 22 publicly listed cryptocurrencies exceeding 100%. Among them, the reserve ratios for BTC, ETH, and USDT are 102%, 103%, and 102% respectively, with a total value of 11.2 billion USD.

It is reported that OKX is committed to enhancing the transparency of its POR to meet traditional financial audit standards, thereby continuously leading the industry in safety and transparency. It is one of the few mainstream cryptocurrency exchanges that publishes proof of reserves on a monthly basis. Currently, the POR system has been upgraded using innovative technologies such as zk-STARK, allowing users to independently verify OKX's solvency at any time. Since OKX first launched the POR at the end of 2022, hundreds of thousands of users have accessed the POR page and completed self-verification.

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OKX Proof of Reserves

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