{"id":290471,"date":"2023-01-19T09:50:36","date_gmt":"2023-01-19T09:50:36","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=290471"},"modified":"2026-04-26T16:21:41","modified_gmt":"2026-04-26T15:21:41","slug":"okx-reports-7-5b-proof-of-reserves-in-btc-eth-usdt","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/okx-reports-7-5b-proof-of-reserves-in-btc-eth-usdt\/","title":{"rendered":"OKX reports $7.5B Proof-of-Reserves in BTC, ETH, USDT"},"content":{"rendered":"<p>OKX has reported its Proof-of-Reserves (PoR) for the first time revealing $7.5 billion in Bitcoin (<a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">BTC<\/a>), Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>), and Tether (<a href=\"https:\/\/cryptoslate.com\/coins\/tether\/\">USDT<\/a>), according to its January PoR report\u00a0on Jan. 19.<\/p>\n<p>OKX is the only one among the top five exchanges with &#8220;100% clean&#8221; reserves, according to CryptoQuant \u2014 a term bestowed when\u00a0an exchange's reserves do not include the exchange's native token.<\/p>\n<h2>OKX reserves<\/h2>\n<p>OKX has over-collateralized reserves with a reserve ratio of 105% each for BTC and ETH, while USDT reserves are over-collateralized at 101%, according to the <a href=\"https:\/\/www.okx.com\/learn\/january-proof-of-reserves-report?channelid=ACEAP6502255\">report<\/a>.<\/p>\n<p>OKX has also published over 23,000 addresses for its Merkle Tree PoR program \u2014 allowing the public to view reserve asset flows.<\/p>\n<p>OKX CMO Haider Rafique said:<\/p>\n<blockquote><p>&#8220;We\u2019ve already taken a leadership position by publishing our PoR monthly. As industry standards for PoR continue to take shape, we expect that our reserve asset quality will be one of many key differentiating factors for OKX in the market.\u201d<\/p><\/blockquote>\n<figure id=\"attachment_290485\" aria-describedby=\"caption-attachment-290485\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-290485 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/glassnode-studio_bitcoin-proof-of-reserves-current-usd-okx.png\" alt=\"OKX Proof of Reserves - (Source: Glassnode.com)\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/glassnode-studio_bitcoin-proof-of-reserves-current-usd-okx.png 1800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/glassnode-studio_bitcoin-proof-of-reserves-current-usd-okx-300x169.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/glassnode-studio_bitcoin-proof-of-reserves-current-usd-okx-1024x576.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/glassnode-studio_bitcoin-proof-of-reserves-current-usd-okx-768x432.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/glassnode-studio_bitcoin-proof-of-reserves-current-usd-okx-1536x864.png 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><figcaption id=\"caption-attachment-290485\" class=\"wp-caption-text\">OKX Proof of Reserves &#8211; (Source: Glassnode.com)<\/figcaption><\/figure>\n<p>In comparison to OKX, Binance reserves are considered 87.6% clean while Bitfinex and Crypto.com reserves are considered 69.88% and 95.51% clean, respectively, according to CryptoQuant <a href=\"https:\/\/cryptoquant.com\/dashboard\/proof-of-reserve\">data<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OKX has reported its Proof-of-Reserves (PoR) for the first time revealing $7.5 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), according to its January PoR report\u00a0on Jan. 19. OKX is the only one among the top five exchanges with &#8220;100% clean&#8221; reserves, according to CryptoQuant \u2014 a term bestowed when\u00a0an exchange&#8217;s reserves do not [&hellip;]<\/p>\n","protected":false},"author":1386,"featured_media":290487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,76736],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OKX reports $7.5B Proof-of-Reserves in BTC, ETH, USDT<\/title>\n<meta name=\"description\" content=\"OKX reserves are 100% clean, meaning that the exchange reserves do not contain the exchange&#039;s native token, according to CryptoQuant data.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/okx-reports-7-5b-proof-of-reserves-in-btc-eth-usdt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OKX reports $7.5B Proof-of-Reserves in BTC, ETH, USDT\" \/>\n<meta property=\"og:description\" content=\"OKX reserves are 100% clean, meaning that the exchange reserves do not contain the exchange&#039;s native token, according to CryptoQuant data.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/okx-reports-7-5b-proof-of-reserves-in-btc-eth-usdt\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-19T09:50:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-26T15:21:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/oks-reserves.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Monika Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Monika Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/okx-reports-7-5b-proof-of-reserves-in-btc-eth-usdt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/okx-reports-7-5b-proof-of-reserves-in-btc-eth-usdt\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/monika-ghosh\/#person\",\"name\":\"Monika Ghosh\",\"url\":\"https:\/\/cryptoslate.com\/author\/monika-ghosh\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/monika-ghosh\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/monika-ghosh\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/08\/monika-ghosh-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/08\/monika-ghosh-author-300x300.jpg\",\"caption\":\"Monika Ghosh\"},\"jobTitle\":\"Former Reporter\",\"description\":\"Monika started reading about crypto in 2020 and went deeper and deeper down the rabbit hole. 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