This continued commitment to transparency underscores OKX’s position as one of the most reliable centralized platforms in the industry.
We’re proud to release our 32nd consecutive Proof-of-Reserves report! 📢
✅ Primary assets: $28.4 Billion
✅ 100% + reserves for 22 assets
✅ Independently audited by Hacken Club
Don’t trust, verify: OKX Reserve Dashboard
Key Findings from the Latest Reserve Report
While OKX maintains robust reserve ratios exceeding 100% for all supported tokens, the report reveals a decline in user-held BTC and USDT balances compared to the previous month.
- Bitcoin (BTC): Holdings dropped by 3.48% (4,360 BTC), reducing total user balances from 125,164 BTC to 120,804 BTC (~$470 million decrease).
- USDT: User-held balances fell by 1.44%, equivalent to ~$126.4 million.
Despite these reductions, OKX’s reserves continue to surpass customer deposits, ensuring full asset backing.
Top Overcollateralized Assets
Ethereum Classic (ETC) leads with a 107% reserve ratio, followed by Bitcoin at 105%.
👉 Explore OKX’s transparent reserve policy for real-time verification of asset backing.
Expansion in Europe
OKX recently launched a MiCA-compliant exchange in Spain, offering:
- Spot trading for 270+ cryptocurrencies
- 60+ crypto-Euro pairs
- Staking and automated trading tools
This move aligns with OKX’s strategy to strengthen regulatory compliance and localize services in key markets.
FAQs
Q: How often does OKX publish Proof-of-Reserves reports?
A: Monthly—this marks their 32nd consecutive audit.
Q: Are user funds still safe despite the BTC/USDT decline?
A: Yes. Reserves exceed 100% for all listed assets, ensuring full backing.
Q: What makes ETC the most overcollateralized asset on OKX?
A: Its reserve ratio of 107% reflects higher liquidity buffers than other tokens.
Final Notes
OKX’s consistent transparency and regulatory expansions reinforce its reputation as a trusted platform. For deeper insights, check their reserve dashboard.
Buddy Jewel is a finance writer specializing in cryptocurrency news, providing actionable insights into market trends.
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