OKX reports $35.4b in reserves as PoR hits 36 months
The post OKX reports $35.4b in reserves as PoR hits 36 months appeared on BitcoinEthereumNews.com.
OKX now backs customer funds with $35.4 billion in primary assets, a 75% annual surge, as its 36th consecutive PoR report establishes a new verifiable benchmark for an industry under regulatory scrutiny. Summary OKX marks three years of continuous Proof of Reserves reporting, confirming $35.4B in fully backed assets across 22 tokens. The exchange reports 75% year-over-year growth in reserves and 100%+ coverage for major assets like BTC, ETH, and USDT. User verification is surging, with ZK audits up 386% and “View My Audit” engagement up 123%. In a press release shared with crypto.news on Oct. 30, OKX announced that it has completed 36 consecutive months of Proof of Reserves reporting, confirming $35.4 billion in primary assets fully backing customer funds. The exchange said the reserves, verified by blockchain security firm Hacken, show over 100% coverage across 22 major assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Tether (USDT), and USD Coin (USDC). The milestone, which marks the third anniversary of OKX’s PoR program, also revealed a 75% year-over-year increase in total assets and a sharp rise in onchain audit participation, an indication that users are not just holding funds but actively verifying them. “Three years of PoR reporting show progress and consistency. What started as a crisis response has set an industry standard. As crypto integrates further with traditional finance, we’ll ensure trust is always verifiable – on-chain and open for all,” OKX said in the statement. Transparency in numbers: How OKX’s reserves stack up OKX’s latest Proof of Reserves shows that its largest holdings remain fully backed, with a coverage ratio that exceeds industry expectations. For Bitcoin, the exchange shows a 105% reserve ratio, meaning it holds more BTC in its wallets than customers have on the trading platform. Similarly, Ethereum is backed at 102%, and Solana reserves…
Filed under: News - @ October 31, 2025 4:28 am