OKX released the 14th issue of POR: The reserve ratio of 22 listed tokens exceeds 100%

ChainCatcher news, OKX has consecutively released the 14th issue of its proof of reserves, with the reserve ratio of 22 publicly listed cryptocurrencies exceeding 100%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 103%, 104%, 103%, and 101% respectively, with a total value of 14.8 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. Over the past year, OKX has consistently released its POR monthly, gradually increasing the number of publicly listed cryptocurrencies from 3 to 22, publishing over 220,000 public wallet addresses, and maintaining a reserve ratio above 100% for 12 consecutive months. The POR system has been continuously upgraded through technologies such as Merkle trees, comprehensive Merkle trees, and zk-STARK, achieving multiple milestones and becoming the first exchange in the industry to complete the one-year milestone of its POR. Under the premise of protecting privacy, users can independently verify OKX's solvency at any time, which has been rated by blockchain expert Nic Carter as the highest level of POR quality representative of mainstream exchanges.