As of May 1, Binance has released its 30th monthly certificate (POR) report, indicating its asset holdings.
Here are changes to Binance reserves for key assets:
Bitcoin (BTC):
User assets fell by 1.35% per month to 604,411 BTC. Binance maintains a BTC reserve ratio of 102.06%, indicating excess reserves.
Ethereum (ETH):
ETH holdings were reported at 5.28 million ETH, a 3.36% decline. The reserve rate was 100.16%.
Tether (USDT):
User USDT balance rose 2.61% to $29.05 billion. The reserve ratio for USDT was recorded as 102.07%.
However, the world’s largest cryptocurrency exchange listed the ratio of its own assets to customer assets of other assets, as follows:
- BTC -102.06%
- eth-100.16%
- USDT -102.07%
- BNB – 112.45%
- Left – 100.01%
- FDUSD – 107.84%
- XRP- 102.99%
- USDC -152.19%
- TUSD -100.38%
- Doge – 111.32%
- Pol-106.33%
- Dot-104.82%
- Link – 100.24%
- Shibu-100.60%
- ARB – 100.21%
- LTC – 109.02%
- OP – 100.43%
- CHZ -102.27%
- Uni – 100.37%
- apt – 100.70%
- GRT – 101.44%
- SSV -100.03%
- chr-100.22%
- enj -100.06%
- 1inch – 100.01%
- CRV – 100.23%
- Mask – 100.65%
- HFT – 100.33%
- BUSD -206.04%
- Tree – 100.00%
- HBAR-100.21%
- Nearby – 103.47%
- Pepe – 100.49%
- S- 101.13%
- sui – 101.10%
- Trump – 100.92%
- WIF -100.46%
Binance claims that the proof mechanism for its reservation, verified by Merkle Tree’s encrypted proof, provides transparent data on user balance, Binance assets, and third-party custody assets.
*This is not investment advice.
