OKX Releases 15th Consecutive Proof-of-Reserves Report: $14.9B in Assets Held, Bitcoin Cash Added for First Time

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OKX Strengthens Transparency with 15th Monthly Proof-of-Reserves Report

OKX has published its 15th consecutive monthly Proof-of-Reserves (PoR) report, reinforcing its commitment to transparency and user trust in the rapidly evolving digital asset ecosystem. The latest report reveals that OKX holds over $14.9 billion in major reserve assets, with an average reserve ratio of 104% across key cryptocurrencies. Notably, this edition marks the first inclusion of Bitcoin Cash (BCH) in the audit, expanding the scope of verifiable assets.

This milestone underscores OKX’s leadership in promoting financial accountability within the crypto industry. By consistently publishing audited reserve data for 15 straight months, OKX continues to set a benchmark for exchange transparency—ensuring users’ funds are fully backed at a ratio exceeding 1:1.

Comprehensive Asset Coverage with Full Reserve Backing

The PoR report includes detailed verification for a wide range of widely traded digital assets, reflecting OKX’s diverse user base and global market presence. Covered assets include:

All listed assets maintain reserve ratios above 100%, with key stablecoins and leading cryptocurrencies showing strong backing:

  • BTC: 102%
  • ETH: 104%
  • USDT: 104%
  • USDC: 104%

These figures confirm that user deposits are not only fully covered but slightly over-collateralized—a critical factor in building long-term confidence amid market volatility.

👉 Discover how leading exchanges are setting new standards in asset transparency.

A Commitment to Innovation and User Trust

Lennix Lai, Global Chief Commercial Officer at OKX, emphasized the strategic importance of ongoing transparency:

“Our Proof-of-Reserves reports symbolize industry-wide progress toward greater accountability and trust. We remain steadfast in our commitment to releasing these monthly updates, actively incorporating user feedback and adopting best practices. We’re proud to lead the transformation in the digital asset space and help build future financial systems rooted in trust.”

Since launching the PoR initiative, OKX has continuously enhanced its methodology based on community input and technological advancements. In April 2023, the exchange integrated zk-STARKs (Zero-Knowledge Scalable Transparent Arguments of Knowledge) into its verification process. This cutting-edge cryptographic technology allows users to independently verify the exchange’s solvency without compromising privacy.

Unlike traditional audits that rely on third-party intermediaries, zk-STARKs enable trustless validation—meaning users can cryptographically confirm that their assets are backed, without needing to trust any single entity.

Advocating for Industry-Wide Adoption

In October 2023, OKX commemorated one year of Proof-of-Reserves reporting with a special campaign advocating for PoR to become a universal standard across crypto platforms. The campaign featured insights from prominent figures such as:

Their collective message was clear: transparency is not optional—it's foundational to the future of decentralized finance.

This advocacy aligns with growing regulatory and user demand for clearer oversight in digital asset custody. As more investors enter the space, exchanges that prioritize verifiable reserves will stand out as trusted partners in Web3 adoption.

👉 See how you can verify exchange solvency using advanced cryptographic tools.

How Users Can Verify Reserves Independently

Transparency isn't just about publishing data—it's about empowering users to act on it. OKX provides full access to its Proof-of-Reserves dashboard at okx.com/proof-of-reserves, where anyone can:

This self-service model shifts control back to users, enabling them to independently validate that their assets are securely held.

Building the Future of Web3 with Security at Its Core

As a leading Web3 technology company, OKX serves over 50 million users worldwide with a suite of secure, high-performance tools designed for both retail investors and professional traders. Its self-custody solutions—especially the OKX Web3 Wallet—empower individuals to manage their digital assets directly while seamlessly accessing decentralized exchanges (DEXs), NFT marketplaces, DeFi protocols, GameFi applications, and thousands of dApps.

Beyond trading infrastructure, OKX collaborates with elite global brands and athletes—including Manchester City FC, McLaren F1 Team, Tribeca Festival, golfer Ian Poulter, snowboarder Scotty James, and F1 driver Daniel Ricciardo—to bridge mainstream audiences with blockchain innovation.

Yet amid rapid growth, security and transparency remain non-negotiable priorities. Monthly PoR reports are just one pillar of OKX’s broader mission to foster a safer, more accountable digital economy.

👉 Explore how secure custody models are shaping the next era of finance.

Frequently Asked Questions (FAQ)

Q: What is Proof-of-Reserves (PoR)?
A: Proof-of-Reserves is a cryptographic audit method that allows cryptocurrency exchanges to prove they hold sufficient reserves to cover user deposits. It enables independent verification without exposing sensitive user data.

Q: Why is a reserve ratio above 100% important?
A: A ratio exceeding 100% means the exchange holds more assets than customer liabilities—ensuring full coverage even during market fluctuations. This over-collateralization strengthens user confidence in platform solvency.

Q: How does zk-STARK technology improve transparency?
A: zk-STARKs allow users to verify that the exchange owns the claimed reserves without revealing private information. It’s a privacy-preserving way to prove solvency through mathematical validation.

Q: Can I verify my own funds in the PoR report?
A: Yes. Using Merkle tree proofs, users can check if their individual account balance is included in the total reserves—adding an extra layer of personal assurance.

Q: Why was Bitcoin Cash added only now?
A: Asset inclusion follows demand, liquidity, and operational readiness. BCH’s addition reflects growing user interest and OKX’s ongoing expansion of auditable asset coverage.

Q: Is Proof-of-Reserves the same as a full audit?
A: While PoR verifies asset backing, it doesn’t replace comprehensive financial audits. However, when combined with cryptographic tools like zk-STARKs, it offers a powerful layer of real-time transparency.

Core Keywords:

By maintaining rigorous transparency standards and embracing innovative verification technologies, OKX continues to lead by example—building a more trustworthy foundation for the future of finance.