OKX Releases Third Proof of Reserves Report, Reserves Increased 16.64% to $7.5 Billion

According to the Ouyi OKX announcement, Ouyi OKX has officially released the third Proof of Reserve (PoR) report on January 18, 2023. The reserve increased from US$6.43 billion in the previous month to US$7.5 billion, an increase of 16.64%. , showing a continuous net inflow state. According to the latest data from the OKX official website, the reserve ratios of BTC, ETH, and USDT all exceed 100%, which are 105%, 105%, and 101% respectively. In addition, according to the cleanliness ranking of reserves previously announced by CryptoQuant, the cleanliness of Ouyi OKX reserves is 100%, ranking first among encrypted trading platforms. Ouyi OKX’s PoR this time also added a new function of displaying audit snapshot data, which can help users better understand the accounting process of total asset value. Ouyi OKX is currently the only exchange that simultaneously realizes open-source verification of Merkle tree, open-source verification of wallet address ownership, and open-source verification of assets on the chain. Ouyi promises to regularly publish PoR reports and continue to lead the industry in improving transparency.