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We're happy to announce the release of our 21st consecutive Proof of Reserves (PoR) report, confirming USD19.8 billion in primary assets backing customer funds.
To date, 1.7 million customers have viewed and verified that their assets are fully backed on our platform.
As one of the few exchanges that publishes PoR reports monthly, we continue to underscore our commitment to regular reporting, transparency and accountability. This month's PoR report features the publication of 702,188 public wallet addresses.
We're also one of the only exchanges to use state-of-the-art Zero-Knowledge Scalable Transparent Argument of Knowledge (zk-STARK) technology in its PoR process. This allows anyone to independently verify the total amount of assets held by our platform without revealing any user-specific data, enhancing privacy and security.
We continue to maintain over 100% reserve ratios for 22 of the most frequently traded assets on its platform. The current reserve ratios for primary assets on our platform are:
BTC: 104%
ETH: 102%
USDT: 106%
USDC: 100%
This announcement follows our recent achievement of SOC 1 Type 2 compliance, underscoring that our policies and processes for protecting customer data meet the highest global standards. Examples of these policies and processes include our monthly PoR and the implementation of advanced encryption technologies.
In line with our dedication to industry-wide transparency, our PoR tool is open-source, welcoming feedback from the wider community. To use or review our PoR source code, click here.
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Industry news
Our Global Growth in Focus as we Announce Title Sponsorship of TOKEN2049 in Dubai
We announced today that we are one of the title sponsors of TOKEN2049 in Dubai, the premier crypto event bringing together founders and executives of leading Web3 companies and projects. The conference will see global leaders from OKX join other executives to discuss trends and growth within the industry, offering insights into a sector that has seen substantial growth in the past year.
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OKX Australia Earns Two 'Highly Commended' Awards at Finder Crypto Trading Platform Awards 2025
At this year's Finder Crypto Trading Platform Awards 2025 , we took home 'Highly Commended' designations for the Best Crypto Exchange and Best Advanced Crypto Trading Platform categories.
These awards from , a trusted source for information on financial products for millions of Australians, reflect the progress we've made to create an innovative, easy-to-use and truly local platform for our growing community here in Australia.
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Proof of Reserves
Our 29th Proof of Reserves: $24.6bn in primary assets, up 11% year-on-year
Our 29th consecutive Proof of Reserves (PoR) report is now live, demonstrating $24.6 billion in primary assets backing customer funds.
Our latest PoR, independently audited and verified by blockchain security firm , shows:
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Web3
OKX and Lifeform Launch Season 5 of Cryptopedia with Learn-to-Earn Prize Pool of USD300,000 in Lifeform Tokens for Over 11,000 Users
__SINGAPORE, AUGUST 3, 2023__ - [OKX](/?ACE514357), a leading Web3 technology company, and [Lifeform](https://www.lifeform.cc), a pioneer of decentralized digital identity solutions, today jointly lau