KuCoin Completes Independent Hacken-Audited Proof of Reserves

 

In the world of cryptocurrency, trust is everything. Users need assurance that their assets are safe and that exchanges operate transparently. That’s where Proof of Reserves (PoR) comes in—a process that verifies an exchange holds enough reserves to cover all user deposits. Recently, KuCoin completed its latest PoR audit, conducted by Hacken, a leading third-party cybersecurity firm, marking the 32nd consecutive month that KuCoin has published a PoR report confirming full collateralization. This audit reaffirms our commitment to security and transparency, providing users with confidence in our platform.

Proof of Reserves is a verification method that ensures a cryptocurrency exchange has sufficient assets to back every user deposit. By undergoing independent audits, such as the one conducted by Hacken, we demonstrate financial integrity and build trust with our communities.

The audit validated KuCoin’s reserves across a broad range of cryptocurrencies, confirming that all user liabilities for in-scope assets are fully backed without exception.

Through rigorous PoR audit procedures—including Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a comprehensive Proof of Reserves Assessment—the audit covered assets across multiple blockchain networks, including Ethereum, Solana, and zkSync. This process underscores KuCoin’s commitment to full transparency and user trust.

According to the latest data available on our Proof of Reserves page as of June 30, 2025, the reserve ratios for key assets are:

This means KuCoin holds more than enough reserves to cover every unit of BTC, ETH, USDT, and USDC deposited by users, ensuring a secure trading environment.

The audit involved a meticulous process overseen by Hacken, an independent third-party auditor:

Using techniques like Custom Digital Signatures and "Send-to-Self" Transactions, Hacken verified KuCoin’s wallet ownership with no discrepancies. This third-party validation reinforces the credibility of the audit results.

Transparency is at the heart of KuCoin’s mission. Regular PoR audits, conducted by trusted third parties like Hacken, set a high standard for accountability in the crypto industry, aligning with our goal of providing a secure, user-focused platform.

At KuCoin, we believe transparency is the foundation of trust in the crypto ecosystem. This audit not only validates our dedication to safeguarding user assets but also reflects our broader vision of building a secure and inclusive platform for all. We will continue to prioritize transparency and security as we work toward empowering our users and advancing global digital asset adoption. Asset audits are a vital starting point for industry self-regulation, a necessary step toward building user confidence and supporting the long-term, sustainable development of the crypto space.

KuCoin empowers users to confirm reserves independently via our Proof of Reserves page. You can verify that your assets are fully backed, securely and transparently, using our Merkle tree tool.

Looking ahead, KuCoin is advancing the $2B Trust Project, a security-focused initiative to further strengthen our platform with cutting-edge tech and third-party audits.

This audit by Hacken isn’t just a milestone—it’s a promise of KuCoin’s dedication to security and transparency. KuCoin is committed to safeguarding your assets and leading the way in building a trustworthy crypto ecosystem.

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