Huobi HTX updated the Merkel tree asset certificate in February 2024, and the reserve rate remains above 100%, ensuring the safety of user assets.

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MarsBit
02-04
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According to Mars Finance news, according to the Huobi HTX page, Huobi HTX has updated the Merkel tree asset certificate data for February 2024. The specific reserve rates for this update: USDT101% (Huobi assets 550,800,308), BTC100% (Huobi assets 21,651), ETH102% (Huobi assets 147,009), TRX103% (Huobi assets 9,684,177,652). The USDT and ETH data already include stUSDT, USDT-T-Bills assets, BETH, and stETH.

Currently, Huobi HTX’s reserve ratio remains above 100%, that is, Huobi wallet assets exceed the total assets held by users, and Huobi HTX has sufficient reserves to ensure the safety of user assets.

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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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