OKX released the 26th reserve certificate today. The reserve rates of the 22 publicly disclosed currencies all exceeded 100%, among which the reserve rates of BTC, ETH, USDT, and USDC were 105%, 102%, 102%, and 100% respectively. The total value of the four reached US$30,807,845,128.
Previously, OKX CEO Star published an open letter titled “Salute to Another Year of Progress”, in which he mentioned that in 2022, OKX will issue proof of reserves (PoR) every month, so that users can clearly understand the total assets of the platform. At the same time, a “self-verification” tool was launched, allowing customers to verify at any time whether their funds on the platform are reserved at a 1:1 ratio. So far, more than 2 million users have used our proof of reserves (PoR) verification tool. OKX is one of the first platforms to launch this tool in 2022. Since the launch of the proof of reserves (PoR), the platform’s reserves have doubled, reflecting users’ trust in the platform.
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