Transparency and trust are foundational pillars in the world of digital assets. As the crypto ecosystem evolves, users demand greater accountability from platforms managing their funds. In response, we are proud to release our 16th consecutive Proof of Reserves (PoR) report, reinforcing our unwavering commitment to user security, financial integrity, and operational transparency.
This latest report confirms a total reserve value of USD 17.7 billion, with an average reserve ratio of 104% across primary assets. Every user deposit is backed on a 1:1 basis, and in most cases, exceeds that threshold—ensuring peace of mind for everyone who trusts our platform.
Comprehensive Asset Coverage with Enhanced Transparency
Our Proof of Reserves report provides a detailed breakdown of reserve ratios for the most widely traded digital assets on our exchange. This month marks a significant milestone: for the first time, Bitcoin Cash (BCH) has been included in the audit scope. This expansion reflects our ongoing effort to increase coverage and provide users with confidence across a broader range of supported assets.
All audited assets continue to maintain reserve ratios above 100%, demonstrating full solvency and eliminating concerns about fractional reserve practices. Users can independently verify these figures at any time through our publicly accessible PoR portal.
👉 See how leading exchanges are setting new standards in asset transparency.
A Commitment That Stands the Test of Time
Releasing 16 consecutive monthly reports is more than a milestone—it’s a statement. It reflects our long-term dedication to setting industry benchmarks in accountability.
Lennix Lai, Global Chief Commercial Officer, emphasized:
“As we navigate the dynamic crypto landscape, we want to make sure our dedication to transparency and ensuring the security of our users' assets continues to set us apart. Reaching the 16th iteration of our PoR report is a testament to our ongoing efforts to uphold these standards and fuels our drive to continually raise the bar.”
This consistent reporting cycle not only builds trust but also encourages wider adoption by institutional and retail participants who prioritize platforms with verifiable financial health.
Innovation in Verification: zk-STARK Technology
Since launching our PoR program, we’ve continuously refined the process based on user feedback and technological advancements. One of the most impactful upgrades came in 2023 with the integration of Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) technology.
zk-STARK enables users to:
- Independently verify the exchange's solvency
- Confirm that user balances are fully backed by reserves
- Do so without compromising personal privacy or sensitive data
This cryptographic innovation ensures that verification is both secure and scalable, offering a gold standard in proof-of-reserves methodologies. Unlike traditional audits that rely on third-party intermediaries, zk-STARK empowers users to validate results themselves—truly putting control back in their hands.
Why Proof of Reserves Matters in 2025
In an industry where trust can be fragile, regular and verifiable Proof of Reserves reports are no longer optional—they’re essential. With increasing regulatory scrutiny and high-profile failures in past years, users are rightfully cautious about where they store their digital assets.
A transparent PoR process helps answer critical questions:
- Are my funds actually backed?
- Can I withdraw my assets whenever I want?
- Is the platform operating with integrity?
By publishing monthly reports with independently verifiable data, we provide clear answers: yes, yes, and yes.
👉 Discover how next-gen verification tech is reshaping exchange accountability.
How to Verify Reserves Yourself
User empowerment lies at the heart of our transparency initiative. You don’t have to take our word for it—anyone can verify our reserves in real time.
Here’s how:
- Visit the Proof of Reserves portal
- Review the latest report, including asset-by-asset reserve ratios
- Use the provided Merkle tree tools to confirm your own balance is included in the total liabilities
- Cross-check the wallet addresses holding reserves against blockchain explorers
This level of openness ensures that trust is not assumed—it’s proven.
Core Keywords Driving Trust and Adoption
To align with search intent and enhance discoverability, this report naturally integrates key terms central to user concerns in 2025:
- Proof of Reserves
- Exchange transparency
- User fund security
- zk-STARK verification
- Reserve ratio
- Cryptocurrency solvency
- Bitcoin Cash reserves
- Digital asset backing
These keywords reflect what users actively search for when evaluating exchange reliability—making accurate, accessible information all the more vital.
Frequently Asked Questions (FAQ)
Q: What is a Proof of Reserves (PoR) report?
A: A PoR report demonstrates that a cryptocurrency exchange holds sufficient reserves to cover all user deposits. It provides cryptographic proof that customer funds are fully backed, typically on a 1:1 basis or higher.
Q: Why is the reserve ratio above 100%?
A: A reserve ratio over 100% means the exchange holds more assets in reserve than the total user liabilities. This buffer enhances financial resilience and ensures full coverage even during market volatility.
Q: How often are these reports published?
A: We publish our Proof of Reserves report monthly, making this the 16th consecutive release. Regular updates ensure ongoing transparency and accountability.
Q: What is zk-STARK and why does it matter?
A: zk-STARK is a zero-knowledge proof technology that allows users to verify exchange solvency without exposing private data. It enables trustless, scalable, and private validation—setting a new standard in audit integrity.
Q: Can I verify my own balance in the reserves?
A: Yes. Using Merkle tree verification tools on our PoR portal, you can confirm that your individual balance is included in the total user liabilities and matched by corresponding reserves.
Q: Are stablecoins included in the reserve calculation?
A: Yes. All major stablecoins, along with volatile assets like BTC, ETH, and now BCH, are included in the audit scope with transparent reserve ratios published for each.
Looking Ahead: Raising the Bar for Industry Standards
The journey toward full financial transparency in crypto is ongoing. With each monthly report, we aim not just to meet expectations—but to exceed them. From expanding asset coverage to adopting cutting-edge verification tech, every step reinforces our mission: to build a safer, more trustworthy digital asset ecosystem.
As adoption grows and regulations evolve, we remain committed to leading by example—proving that transparency isn’t just a feature, it’s a responsibility.
👉 Explore how you can verify exchange solvency using public blockchain tools.