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A certain trading platform has released the latest reserve report: total value exceeds 10.8 billion USD, reserve rate 128.57%.
A well-known trading platform announces the latest reserve report: total value exceeds 10.8 billion USD
According to the latest published reserve report, as of May 8, the total value of reserves for the trading platform has reached $10.865 billion, with a total reserve ratio of 128.57%, and the excess reserve amount is $2.415 billion.
In terms of specific assets, the reserve ratio of BTC is 137.69%, an increase of 2,802 coins compared to the previous period; the reserve ratio of ETH is 121.36%, an increase of 188,563 coins compared to the previous period; the reserve ratio of USDT is 102.63%, an increase of 441,334,786 coins compared to the previous period. Additionally, the reserve ratios of assets such as GT, DOGE, and XRP have also exceeded the 100% reserve benchmark, reaching 178.50%, 109.19%, and 116.72% respectively.
The platform always prioritizes the security and trust of user assets, continuously advancing the innovation and upgrade of reserve audit technology. The platform uses zero-knowledge proofs and Merkle tree structures, allowing users to verify whether their assets are included in the reserves without revealing details. At the same time, the platform also collaborates with hot and cold wallet authorization and balance snapshots, forming a complete data closed loop, enabling users to independently verify through a dedicated page.
To improve transparency, the platform regularly updates reserve data and provides corresponding verification paths and report summaries to help users understand the asset structure and reserve levels. Currently, the platform's reserves cover most mainstream cryptocurrencies, demonstrating a strong market response capability, which provides strong support for the platform's stable operation and long-term development.
Looking ahead, the platform stated that it will continue to leverage its advantages in transparent operations and technological applications, constantly exploring new technological breakthroughs, and working with global users to create a safer and more trustworthy digital asset trading ecosystem.
The release of this reserve report not only showcases the financial strength of the platform but also reflects its high regard for the safety of user assets. In the context of the current volatility in the cryptocurrency market, such transparency and security guarantees will undoubtedly enhance user confidence. However, investors should still proceed with caution when making any investment decisions, fully considering market risks and seeking professional investment advice.