OKX 29th PoR: BTC, ETH, USDT, USDC total value reaches 24.6 billion US dollars

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Followin message, according to official information, OKX released its 29th reserve proof, with reserve rates for 22 announced cryptocurrencies exceeding 100%. Specifically, the reserve rates for BTC, ETH, USDT, and USDC are 105%, 103%, 101%, and 101% respectively, with a total value of $24,610,470,276.

It is reported that OKX is the first crypto exchange in the industry to continuously publish Proof of Reserves (POR) for over two years. During this period, OKX has consistently released monthly POR, increasing the number of disclosed cryptocurrencies from 3 to 22, and continuously upgrading the POR system through technologies such as Merkle tree, full Merkle tree, and zk-STARK, committed to asset transparency for users.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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