Global leader in cryptocurrency exchange and Web3 services, Bitget, has released its June 2025 Proof of Reserves (PoR) report, showcasing an impressive 199% reserve coverage rate—up from 192% in May. This consistent growth demonstrates Bitget's capability to maintain reserves far exceeding the industry's 1:1 standard, ensuring robust over-collateralization of all user assets.
Breakdown of Major Asset Reserves
The June audit reveals Bitget's reserve ratios for key assets:
| Asset | Platform Holdings | User Liabilities | Reserve Ratio |
|---|---|---|---|
| BTC | 28,286.53 BTC | 6,593.8 BTC | 429% |
| USDT | 1.75B USDT | 1.61B USDT | 108% |
| ETH | 219,917.71 ETH | 148,754.3 ETH | 148% |
| USDC | 138.88M USDC | 51.44M USDC | 270% |
All major assets exhibited steady reserve growth compared to May, underscoring Bitget's expertise in asset management and surplus reserves.
👉 Discover how Bitget ensures asset security
Merkle Tree Technology: Ensuring Transparency
The PoR data leverages Merkle Tree technology, with June's snapshot encompassing 27 layers and over 40 million individual asset records. Users can independently verify reserve authenticity using Bitget's open-source tool MerkleValidator (available on GitHub).
Dual Safeguards: Stable Reserves + $600M Protection Fund
- Monthly PoR Updates: Bitget has consistently published PoR reports since December 2022, reinforcing real-time asset security transparency.
- $600M User Protection Fund: Acts as a safety net during extreme market volatility or unforeseen risks.
Gracy Chen, Bitget CEO, emphasized:
"High reserves aren’t just about safety—they’re foundational infrastructure to build trust amid uncertainty. Security is a design choice, and our reserve model reflects our commitment to long-term user protection."
June’s PoR update solidifies Bitget’s leadership in reserve transparency and verifiable over-collateralization among centralized exchanges.
FAQs
Q: How often does Bitget update its Proof of Reserves?
A: Bitget publishes monthly PoR reports, with data audited by third-party firms.
Q: What is the purpose of the $600M User Protection Fund?
A: It provides an additional layer of security against extreme market events, ensuring user asset recoverability.
Q: Can users verify their own holdings in the PoR?
A: Yes, via Bitget’s MerkleValidator tool, which cross-checks individual assets against the Merkle Tree snapshot.
👉 Explore Bitget’s security features today
About Bitget
Founded in 2018, Bitget serves 100+ countries with innovative trading solutions like its pioneering copy-trading service. Its ecosystem includes Bitget Wallet, a top-tier multi-chain Web3 wallet supporting 130+ networks and 8M+ users.
Risk Notice: Cryptocurrency investments are high-risk and subject to volatile market conditions. Capital loss is possible.