OKX released the 24th PoR on October 31, marking the first crypto exchange in the industry to reach the second anniversary of the release of POR. During the past two years, OKX has insisted on releasing PoR on a monthly basis, with the reserve rate exceeding 100% for 24 consecutive months, the number of public currencies increased from 3 to 22, and the PoR system has been continuously upgraded through Merkle tree, full Merkle tree, and zk-STARK technologies, setting multiple milestones. Recently, OKX POR has also completed efficiency upgrades, and the size of the proof file used for user verification has been reduced from 2.55GB to 598KB.
According to the OKX 24th POR report, the reserve rates of BTC, ETH, USDT, and USDC are 104%, 102%, 106%, and 100%, respectively, with a total value of US$20.3 billion. While protecting privacy, users can independently verify OKX's solvency at any time, which is rated by blockchain expert Nic Carter as representing the highest level of PoR quality among mainstream exchanges.