OKX released the 15th issue of POR: the reserve ratio of 22 listed cryptocurrencies exceeds 100%, and BCH is included for the first time

ChainCatcher news, OKX has consecutively released the 15th proof of reserves, with the reserve ratio of 22 publicly listed currencies exceeding 100%. Among them, the reserve ratio for BTC is 102%, while ETH, USDT, and USDC all have a reserve ratio of 104%, with a total value of 14.9 billion USD. Additionally, this POR has also added BCH for the first time.

It is reported that OKX is committed to enhancing the transparency of POR to 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 15 consecutive months, and the number of publicly listed currencies increasing from 3 to 22. The POR system has been continuously upgraded through technologies such as Merkle trees, full-view 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 representing the quality of mainstream exchanges' POR.