On February 26, OKX issued the 16th consecutive reserve certificate. The reserve rates of the 22 public currencies all exceeded 100%. Among them, the reserve rate of BTC was 103%, and the reserve rates of ETH and USDC were both 104%. The reserve ratio of USDT is 105%, and the total value of the four is US$17.7 billion.
It is reported that OKX is committed to improving POR transparency to traditional financial audit standards, thereby continuing to lead the industry in safety and transparency. OKX insists on releasing POR on a monthly basis. The reserve ratio has exceeded 100% for 16 consecutive months. The number of public currencies has increased from 3 to 22. It has successively passed Merkle tree, full-view Merkel tree, and zk-STARK. Technology continues to upgrade the POR system, setting multiple milestones. Under the premise of protecting privacy, users can independently verify the solvency of OKX at any time, and was rated by blockchain expert Nic Carter as representing the highest level of POR quality for mainstream exchanges.