OKX released the 17th issue of POR: The total reserve value of BTC, ETH, USDC, and USDT reaches 21.1 billion USD

ChainCatcher news, OKX has consecutively released the 17th issue of its proof of reserves, with the reserve ratios of 22 listed cryptocurrencies exceeding 100%. Among them, the reserve ratio for BTC is 102%, ETH is 104%, USDC is 110%, and USDT is 106%, with a total value of 22.1 billion USD.

It is reported that OKX is committed to enhancing the transparency of its Proof of Reserves (POR) to meet traditional financial audit standards, thereby continuously leading the industry in safety and transparency. OKX has consistently published its POR monthly, with the reserve ratio exceeding 100% for 17 consecutive months, and the number of listed cryptocurrencies increasing from 3 to 22. The POR system has been continuously upgraded through technologies such as Merkle trees, comprehensive Merkle trees, and zk-STARK, achieving multiple milestones. 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.