The global Web3 technology leader and cryptocurrency exchange OKX has released its 15th monthly Proof-of-Reserves (PoR) report, demonstrating $14.9 billion in total assets held in reserve. This marks the first time Bitcoin Cash (BCH) has been included in the audit, further expanding the scope of transparency. All major assets on the platform continue to maintain reserve ratios above 100%, with an average of 104%, ensuring full 1:1 backing for user funds.
This latest report reinforces OKX’s ongoing commitment to crypto transparency, user fund security, and building trust in digital asset ecosystems. As one of the most consistent and technically advanced PoR programs in the industry, OKX continues to set a benchmark for accountability in the decentralized finance space.
Comprehensive Asset Coverage and Reserve Ratios
The updated PoR report includes detailed verification for a wide range of top-tier digital assets, reflecting the platform’s broad user base and diverse trading activity. Assets covered include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- USD Coin (USDC)
- XRP (XRP)
- Dogecoin (DOGE)
- Solana (SOL)
- OKB (OKB)
- Aptos (APT)
- Polkadot (DOT)
- Elastos (ELF)
- EOS (EOS)
- Ethereum Classic (ETC)
- Filecoin (FIL)
- Chainlink (LINK)
- Litecoin (LTC)
- OKT (OKT)
- People (PEOPLE)
- Toncoin (TON)
- TRON (TRX)
- Uniswap (UNI)
- Bitcoin Cash (BCH) – new addition
Each of these assets has been independently verified to have a reserve ratio exceeding 100%, meaning OKX holds at least as much underlying collateral as the total user balances on record.
👉 Discover how leading exchanges are redefining transparency in crypto with real-time reserve audits.
Key Reserve Ratios at a Glance
- Bitcoin (BTC): 102%
- Ethereum (ETH): 104%
- Tether (USDT): 104%
- USD Coin (USDC): 104%
These figures reflect not only financial solvency but also a proactive approach to risk management and user protection—critical factors in maintaining long-term confidence in crypto platforms.
A Leadership Statement on Trust and Transparency
Lennix Lai, Global Chief Commercial Officer at OKX, emphasized the strategic importance of the PoR initiative:
“Our Proof-of-Reserves program stands as a symbol of transparency and trust in the industry. We remain steadfast in our commitment to publishing monthly reports, incorporating user feedback, and adopting best practices. We are proud to lead change in the cryptocurrency space and build future systems rooted in trust.”
This vision has translated into tangible improvements over time, with OKX continuously refining its methodology based on community input and technological advancements.
Technological Innovation: zk-STARKs for Privacy-Preserving Verification
In April 2023, OKX enhanced its PoR framework by integrating zero-knowledge Scalable Transparent ARguments of Knowledge (zk-STARKs). This cutting-edge cryptographic technology allows users to independently verify that:
- The exchange is solvent.
- All user funds are fully backed.
- No private user data is exposed during the audit.
Unlike traditional methods that may require revealing sensitive account details, zk-STARKs enable trustless verification while preserving privacy—making it one of the most secure and scalable solutions available today.
This innovation empowers users to validate the integrity of reserves without relying solely on third-party auditors or internal claims, aligning with core blockchain principles of decentralization and verifiability.
Advocating Industry-Wide Standards
To mark the one-year anniversary of its PoR program in October 2023, OKX launched a powerful advocacy campaign promoting Proof-of-Reserves as a universal standard across crypto exchanges. The campaign featured a video message from senior OKX executives alongside influential voices from the blockchain world, including:
- Nic Carter, Co-founder of Castle Island Ventures
- Scott Melker, Market Analyst and “The Wolf of All Streets”
- Sandeep Nailwal, Co-founder of Polygon
- Jason Yanowitz, Co-founder of Blockworks
- Zak Brown, CEO of McLaren Racing
Their collective endorsement underscores a growing consensus: transparency is not optional—it’s essential for sustainable growth in the digital asset economy.
👉 See how next-generation proof systems are transforming trust in decentralized finance.
How Users Can Verify Reserves
Transparency means nothing without accessibility. OKX ensures that every user can independently verify its reserves through a dedicated portal:
Users can visit the official Proof-of-Reserves page to:
- View the full Merkle tree structure
- Confirm their own account balance inclusion
- Cross-check total liabilities vs. on-chain reserves
- Access historical reports and methodology documentation
This self-serve model puts control directly in users’ hands—turning abstract trust into actionable verification.
Why Proof-of-Reserves Matters in 2025
As regulatory scrutiny increases and institutional adoption accelerates, reserve transparency has become a cornerstone of credibility. The inclusion of Bitcoin Cash in this month’s report signals OKX’s responsiveness to evolving market demand and asset diversity.
Moreover, consistent over-collateralization (averaging 104%) provides a buffer against volatility and reinforces platform resilience—key considerations for both retail and professional investors navigating uncertain markets.
Frequently Asked Questions (FAQ)
Q: What is Proof-of-Reserves (PoR)?
A: PoR is an audited process that proves a cryptocurrency exchange holds sufficient reserves to cover all user deposits. It uses cryptographic techniques like Merkle trees and zk-STARKs to verify solvency without exposing private data.
Q: Why does reserve ratio matter?
A: A reserve ratio above 100% means the exchange holds more assets than user liabilities, ensuring full backing. This protects users from insolvency risks and builds long-term trust.
Q: Can I personally verify my funds in the PoR report?
A: Yes. OKX provides public Merkle tree data where users can check if their account balance is included in the total liabilities, enabling independent verification.
Q: What makes OKX’s PoR different from others?
A: OKX combines monthly reporting with advanced zk-STARK technology, broad asset coverage, and active community engagement. Its consistency over 15 consecutive reports sets a high standard for transparency.
Q: Is Bitcoin Cash now permanently part of future audits?
A: Given its inclusion in this report and growing market relevance, BCH is expected to remain part of ongoing PoR assessments.
Q: Does Proof-of-Reserves guarantee my funds are safe?
A: While PoR significantly enhances security by proving solvency, it should be considered alongside other factors like platform reputation, insurance policies, and cold storage practices.
👉 Explore how real-time reserve verification is shaping the future of trustworthy crypto platforms.
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By combining technical rigor with user empowerment, OKX continues to lead the charge toward a more transparent, accountable, and trustworthy digital asset ecosystem.