Exchanges· ★★· neutral·

OKX marks four years of Proof of Reserves with $36.36B in on-chain assets

  • —$36.36 billion in on-chain assets reported across 22 cryptocurrencies
  • —BTC reserve ratio at 110%, ETH at 100%, USDT at 105%
  • —All covered assets show reserve ratios of at least 100%
Why it matters: Public reserve attestations bolster confidence in exchanges after the 2022 collapses, though they fall short of a full audit of liabilities.
Source: Coinotag