OKX released the 20th issue of PoR: The total value of reserves for BTC, ETH, USDC, and USDT is 22.3 billion USD

ChainCatcher news, OKX released the 20th proof of reserves, with the reserve ratios of 22 listed cryptocurrencies exceeding 100%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 104%, 102%, 107%, and 102% respectively, with a total value of $22,366,016,810.

It is reported that OKX is committed to enhancing the transparency of PoR to meet traditional financial audit standards, thereby continuously leading the industry in safety and transparency. OKX insists on publishing PoR monthly, with the reserve ratio exceeding 100% for 20 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, setting 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 representing mainstream exchanges.