Proof of Reserves
Third-Party Report: The independent third-party institution certifies that there are 1:1 on-chain reserves for all user assets.
Independent Periodic Verification: Users can verify their own asset data.
Continuous Investment: KuCoin always provides industry-leading verification solutions to protect asset security and provide further transparency.
KuCoin Reserve Ratio
Based on data at 2025/03/31 23:59:59 UTC+8.
BTC Reserve Ratio106%KuCoin User Assets
9,949.52105206
KuCoin Wallet Assets
10,576.89166983
ETH Reserve Ratio120%KuCoin User Assets
141,800.36429177
KuCoin Wallet Assets
169,486.13721341
USDT Reserve Ratio112%KuCoin User Assets
1,183,333,739.432407
KuCoin Wallet Assets
1,320,367,474.35042505
USDC Reserve Ratio112%KuCoin User Assets
77,786,909.36961429
KuCoin Wallet Assets
86,763,231.06764457
Verify Account Assets
User assets registered before the last time of verification are included in the total assets.
Periodic Proof of Reserves
Last Time of Snapshot: 2025/03/31 UTC+8
What is PoR (Proof of Reserves)?
PoR is a widely used method to prove custody of assets on the blockchain. This means that KuCoin has the funds that cover all user assets on our books.
Principle of PoR
The Merkle tree data structure is used to generate and securely encrypt user asset data into a single hash, which serves as a "summary" of all inputted data. The tamper-proof and traceable characteristics of Merkle tree data enables users to easily verify data reliability.
Users can verify ownership of on-chain wallet addresses and the total amount of wallet assets.
Users can also verify the platform's asset reserves by comparing the total assets of the exchange users with the total assets in the published on-chain wallet addresses.