OKX releases the 12th POR and its first anniversary: ​​the reserve rate exceeds 100%, setting multiple milestones

On October 30, OKX released reserve certificates for the 12th consecutive month. The reserve rates of 22 public currencies all exceeded 100%. Among them, the reserve rates of BTC, ETH, and USDT were all 103%. The total value of the three reached US$12.564 billion. So far, OKX has become the first exchange in the industry to complete the one-year anniversary milestone of POR. 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. In the past year, OKX has insisted on releasing POR on a monthly basis, gradually increased the number of public currencies from 3 to 22, released more than 220,000 public wallet addresses, and the reserve ratio has exceeded 100% for 12 consecutive months, and has successively passed Merck Technologies such as Ertree, Panoramic Merkel Tree, and zk-STARK have continuously upgraded the POR system and set 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.