OKX Releases 23rd Reserve Certificate with 100%+ Reserve Rates for Major Cryptos

According to BlockBeats news, on September 27, OKX released the 23rd reserve certificate. The reserve rates of 22 public currencies all exceeded 100%. Among them, the reserve rates of BTC, ETH, USDT, and USDC were 104% and 102% respectively. , 106% and 101%, with a total value of US$19,380,106,491. At the same time, OKX POR has also completed efficiency upgrades, reducing the size of the certificate file used for user verification from 2.55GB to 598KB.

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. OKX insists on releasing PoR on a monthly basis. The reserve ratio has exceeded 100% for 23 consecutive months. The number of public currencies has increased from 3 to 22. It has successively passed the Merkle tree, the full-view Merkel tree, and zk-STARK, etc. Technology continues to upgrade the PoR system and hit 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.

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