We're proud to announce the publication of our 16th consecutive Proof of Reserves (PoR) report, demonstrating transparent backing of user funds with $17.7 billion in reserves and an average reserve ratio of 104% across primary assets.
Key Highlights of the Latest Report
- Comprehensive asset coverage: Includes all major traded cryptocurrencies with reserve ratios exceeding 100%
- New addition: Bitcoin Cash (BCH) included for the first time in January 2024
- Continuous improvement: Incorporates cutting-edge zk-STARK technology for enhanced verification
- User verification: Allows independent confirmation of exchange solvency and asset backing
Commitment to Transparency
Lennix Lai, Global Chief Commercial Officer, stated:
"Our 16th PoR report reflects our unwavering commitment to transparency and security in the dynamic crypto space. This milestone reinforces our dedication to protecting user assets while continuously improving our standards."
Technological Advancements
Since launching the PoR program, we've implemented numerous enhancements based on user feedback:
- zk-STARK integration (2023): Enables private, verifiable proof of reserves without compromising user data
- Monthly reporting: Consistent delivery of verifiable reserve data for 16 consecutive months
- User-friendly verification: Simplified process for independent reserve validation
How to Verify Our Reserves
Users can:
👉 Verify OKX's Proof of Reserves and reserve ratios in real-time
Frequently Asked Questions
What is Proof of Reserves?
Proof of Reserves is an auditing method that cryptographically verifies an exchange holds sufficient assets to cover all customer balances.
How often does OKX publish PoR reports?
OKX publishes verified Proof of Reserves reports monthly, maintaining 16 consecutive months of transparency.
What does a 104% reserve ratio mean?
A 104% ratio indicates OKX holds $1.04 in reserves for every $1 of customer assets, providing additional security buffer.
Can users independently verify the reserves?
Yes, the zk-STARK technology enables any user to privately verify OKX's solvency and asset backing.
Why was Bitcoin Cash added to the report?
We continuously expand our PoR coverage to include more assets based on trading volume and user demand.
Disclaimer: This content is provided for informational purposes only and does not constitute financial advice. Crypto assets involve risk; please assess your financial situation before trading. © 2025 OKX. Reproduced with permission.