On May 29th, OKX released its 19th Reserve Proof. The reserve ratios of 22 listed cryptocurrencies all exceeded 100%, with BTC, ETH, USDT, and USDC having reserve ratios of 104%, 103%, 102%, and 102% respectively. The total value of these four cryptocurrencies reached $22,450,807,887.
It is reported that OKX is committed to enhancing the transparency of Proof of Reserves (PoR) to meet traditional financial audit standards, thus continuously leading the industry in terms of safety and transparency. OKX insists on monthly releases of PoR, with reserve ratios exceeding 100% for 19 consecutive months. The number of listed cryptocurrencies has increased from 3 to 22, and the PoR system has been continuously upgraded with technologies such as Merkle Trees, Full Merkle Trees, and zk-STARK, achieving multiple milestones. Users can independently verify OKX’s solvency while protecting their privacy. Blockchain expert Nic Carter has praised OKX as representing the highest level of PoR quality among mainstream exchanges.
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