OKX, a leading global cryptocurrency exchange and onchain technology company, marked four years of its Proof of Reserves (PoR) program, with $36.36 billion in on-chain assets across 22 major cryptocurrencies. Reserves maintained at or above 100% for every asset covered in the report, including Bitcoin (BTC) at 110%, Ethereum (ETH) at 100%, Tether (USDT) at 105% and USD Coin (USDC) at 101%.
Since introducing Proof of Reserves in November 2022, OKX has made monthly reporting and independent verification central to how it operates.
The Proof of Reserves anniversary closely follows the launch of OKX Shield in the US and Europe, reinforcing OKX’s broader commitment to customer trust, security and asset protection.
Launched in October 2026, OKX Shield provides an additional layer of protection for eligible customers affected by unauthorized third-party account takeovers, with potential reimbursement of up to $500,000, subject to program terms and eligibility requirements, at no additional fee.
Within weeks of launch, nearly 45% of VIP customers, and more than 21% of daily active users in Europe have activated OKX Shield, with over 37% of customer assets in the region now covered by the program. Globally, nearly 16% of VIP customers have activated Shield.
Together, Proof of Reserves and OKX Shield demonstrate OKX’s continued investment in transparency, security and customer protection.
OKX has continued to develop its Proof of Reserves technology over the past four years, expanding asset coverage and improving the efficiency and accessibility of independent verification. The objective is straightforward: customers should not have to take an exchange’s word that their assets are backed. They should have the tools and information to verify it themselves.
The PoR program combines publicly accessible on-chain wallet data with advanced cryptographic verification, including zero-knowledge technology known as zk-STARKs, which allows customers to verify their holdings without exposing sensitive account information.
Former New York Governor, OKX Board Member Andrew Cuomo said: “As digital assets become a more significant part of the global financial system, the standard for operating these platforms must be higher. Customers deserve access to the information and tools needed to verify that their assets are backed. For four years, OKX’s Proof of Reserves program has provided that transparency through consistent, independently verifiable reporting. OKX Shield builds on the same principle of accountability by adding another layer of security and financial protection for eligible customers affected by unauthorized account takeovers. Proof of Reserves addresses transparency and asset-backing risk, while Shield addresses the risk of unauthorized account takeovers. Together, they reflect what responsible digital-asset platforms must deliver: transparency, compliance, strong security and customer protection.”
OKX Europe CEO Erald Ghoos said: “What stands out to me is how quickly our European customers acted. Within weeks of launch, nearly half of our VIPs and more than a fifth of daily active users had switched on Shield. People don’t need convincing that account security matters, they need it to be easy to use and built into the product. That’s the thinking behind our Proof of Reserves reporting too: the best protections are the ones customers actually use.”
OKX continues to invest in a broad security framework that includes advanced encryption and access controls, risk-management infrastructure, proactive threat detection and independently verifiable PoR reporting. These measures are intended to support a safer, more transparent digital-asset market as the industry continues to mature.
Customers can view the latest Proof of Reserves report and verify their assets here.