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The total value of reserve funds of a certain trading platform exceeds $10.8 billion, with a reserve ratio of 128.57%.
A certain trading platform has released the latest reserve report: Total value exceeds 10.8 billion USD, excess reserve exceeds 2.4 billion USD.
Recently, a well-known trading platform announced its latest reserve report. The data shows that as of May 8, the total value of the platform's reserves reached 10.865 billion USD, with a total reserve ratio of 128.57%, and the excess reserve amount was 2.415 billion USD.
Specifically, the reserve ratio for Bitcoin ( BTC ) is 137.69%, an increase of 2,802 coins from the previous period; the reserve ratio for Ethereum ( ETH ) is 121.36%, an increase of 188,563 coins; and the reserve ratio for Tether ( USDT ) is 102.63%, an increase of 441,334,786 coins. Additionally, the native tokens of the platform, Dogecoin ( DOGE ), and Ripple ( XRP ) also have reserve ratios exceeding the 100% benchmark, reaching 178.50%, 109.19%, and 116.72%, respectively.
The trading platform has always prioritized the security of user assets and trustworthiness, continuously advancing the innovation and upgrade of reserve auditing technology. The platform employs zero-knowledge proofs and Merkle tree structures, allowing users to verify whether their assets are included in the reserves without disclosing personal asset details. Additionally, the platform combines hot and cold wallet authentication and balance snapshot technology to form a complete data loop, enabling users to independently verify through a dedicated page.
To enhance transparency, the platform regularly updates its reserve data and provides corresponding verification paths and report summaries to help users understand the asset structure and reserve levels of the platform. Currently, the platform's reserves cover most mainstream cryptocurrencies, demonstrating strong market responsiveness and laying a solid foundation for the stable operation and long-term development of the platform.
Looking to the future, this trading platform stated that it will continue to leverage its advantages in operational transparency and technological application, continually exploring new technological breakthroughs to jointly create a more secure and trustworthy digital asset trading ecosystem with global users.
It is worth noting that, although the platform demonstrates a good reserve position, investors should still exercise caution and seek independent professional advice before making any investment decisions. At the same time, users should also be aware that certain regions may be subject to service restrictions or prohibitions.