OKX PoR releases two years ago: monthly releases, reserve ratio exceeds 100% for 24 consecutive months

BlockBeats reported that on November 1, according to official news, OKX released the 24th reserve proof on October 31, marking OKX as the industry's first crypto trading platform to reach the second anniversary of the release of POR. During these two years, OKX 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 was continuously upgraded through Merkle tree, full Merkle tree, and zk-STARK technologies, setting multiple milestones. Recently, OKX POR has also completed an efficiency upgrade, reducing the size of the proof file used for user verification from 2.55GB to 598KB.

According to the 24th OKX POR report, the reserve ratios of BTC, ETH, USDT, and USDC are 104%, 102%, 106%, and 100%, respectively, with a total value of $20.3 billion. Under the premise of protecting privacy, users can independently verify the solvency of OKX at any time.