OKX recently released their latest proof of reserves, revealing that the exchange is over-collateralized with bitcoin, ether, and USDT.
The report shows that OKX has $12.5 billion in assets and has maintained a reserve ratio exceeding 100% for the past year.
According to a survey, 84% of OKX users believe that publishing proof of reserves is crucial in ensuring solvency and security.
While some customers have expressed concerns about centralized exchanges, OKX utilizes a hybrid custody model to protect client funds.
