OKX Announces 18th PoR: Total Value of Reserves for BTC, ETH, USDC and USDT Reaches $22.39 billion

On April 25, OKX released the 18th issue of reserve certificates, revealing that the reserve ratios of 22 publicly announced currencies all exceeded 100%, of which BTC, ETH, USDT, and USDC had reserve ratios of 103%, 104%, 104%, and 103% respectively, with a total value of $22,393,852,170.
It is reported that OKX is committed to improving the transparency of PoR to traditional financial audit standards, thus continuing to lead the industry in security and transparency. OKX insists on issuing PoR on a monthly basis, with a reserve ratio exceeding 100% for 18 consecutive months. The number of publicly announced coins has increased from 3 to 22. It has continuously upgraded the PoR system through technologies such as Merkle Tree, Full View Merkle Tree, and zk-STARK, setting multiple milestones. On the premise of protecting privacy, users can independently verify the solvency of OKX at any time, and it has been rated by blockchain expert Nic Carter as the highest level representing the quality of PoR on mainstream exchanges.