OKX Publishes Eighth Monthly Proof of Reserves with USD$11.3 billion in BTC, ETH and USDT Reserves

HONG KONG SAR, June 28, 2023 - OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly Proof of Reserves (PoR), showing balances of USD$11.3 billion in BTC, ETH and USDT.

OKX's latest PoR, which covers 22 widely used digital assets, shows that OKX has consistently maintained a reserve ratio exceeding 100% for eight consecutive months. In addition to BTC, ETH and USDT, the assets included in OKX's PoR are: USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX and UNI.

OKX stores the majority of its reserves in off-chain cold storage, which provides the highest level of security for users' digital assets. Since releasing its first Proof of Reserves, OKX has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits.

OKX's current reserve ratios are as follows:

  • BTC: 103%
  • ETH: 103%
  • USDT: 103%

OKX Global Chief Commercial Officer Lennix Lai said: "Security, transparency and trust are the core tenets of OKX's operating philosophy. That's why we're committed to operating with complete transparency and providing regular PoR audits that users can independently verify. We hope that our efforts will raise the overall standard of the digital asset industry and establish new benchmarks for transparency and security."

OKX will continue to publish its PoR with monthly PoR releases and a self-audit tool that was made available to all users following the introduction of Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) technology in April 2023.

The open-source verification tool enables users to independently verify OKX's solvency and confirm their assets are backed by OKX reserves while upholding their privacy. To date, OKX has published over 210,000 addresses for its PoR program, and will continue to allow the public to view its asset flows. Users can view the latest PoR report, reserve ratios, and verify OKX's solvency here.

DISCLAIMER This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein.

© 2025 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2025 OKX and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2025 OKX.” Some content may be generated or assisted by artificial intelligence (AI) tools. No derivative works or other uses of this article are permitted.

Related articles

View more
OKX McLaren Monaco Livery 2025
OKX Web3
OKX

Our Latest Livery Design with McLaren

Written by Haider Rafique, OKX CMO In 1968, McLaren’s M7A car changed everything - it brought home their first F1 victory and introduced the now-iconic papaya. Back then McLaren got off the ground with sponsors one could regard as "old money". It was this marriage between Bruce McLaren and the commercial partners that defined a generation of racing. Now in 2025, a 'new money' is forming to create another defining moment. It starts with our new money app, standing side by side with McLaren as the team looks back on its history to forge a new legacy. This time we have chosen to help fans relive that era while creating our own mark with our partnership with McLaren.
May 23, 2025
41
A New Alternative Manchester City
OKX Web3
OKX

A New Alternative: Manchester City

Written by Haider Rafique, OKX CMO Football has always been more than a game, it’s about passion, connection, and relentless perseverance. At OKX, we share those values. That’s why our partnership with Manchester City continues to grow, pushing the boundaries of what digital engagement looks like in a digital-first world. Today, we’re proud to unveil our newest campaign: A New Alternative: Manchester City —a bold reimagining of how fans connect with the club they love.
May 22, 2025
35
OKX DEX Aggregator Update
DEX

Our OKX DEX Aggregator Upgrade

Today we unveiled an upgraded OKX DEX experience, guided by our vision that anyone can thrive onchain. Available* on our standalone OKX Wallet web and mobile apps**, OKX DEX helps make our Wallet the best all-in-one platform to explore the onchain world.
May 6, 2025
13
Alpha-Traders-Summit-Dubai
Trading basics
Trading tools
Trading

Alpha Traders Summit Dubai

When the side event, becomes the event Incredible insights, real alpha and meaningful conversations - your words , not ours. As the desert sun sets on this year's Token 2049, we reflect on a memorable Alpha Traders Summit Dubai.
May 3, 2025
Beginners
26
Week in news round-up - w/c Aug 7 Learn banner
OKX

New FCA rules going into effect soon

What’s changing? Due to recent regulations introduced by the UK Financial Conduct Authority ("FCA"), starting 8 January 2024, there will be some important changes to the OKX experience for new and existing retail users in the UK.
Feb 27, 2025
36
Proof of Reserves September OKX
OKX

We are changing our name and our brand identity

Meet OKX: A new identity for a big future Starting today, we are renaming the company from OKEx to OKX.  We are now okx.com. Our apps will be rebranded to reflect our new name, new logo and our new identity. More to come in the following six to 12 months.
Feb 24, 2025
13
View more