OKX released the 18th issue of PoR: The total reserve value of BTC, ETH, USDC, and USDT reaches 22.39 billion USD

ChainCatcher news, OKX has released the 18th 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%, 104%, and 103% respectively, with a total value of $22,393,852,170.

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 releasing PoR monthly, with the reserve ratio exceeding 100% for 18 consecutive months, and the number of publicly listed cryptocurrencies increasing from 3 to 22. The PoR system has been continuously upgraded through technologies such as Merkle trees, full 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 representing mainstream exchanges.