Binance has released its 30th monthly Proof of Reserves (PoR) report, showing asset holdings as of May 1.

Here Are the Changes to Binance's Reserves on Critical Assets

Bitcoin (BTC):

User assets fell by 1.35% month-on-month to 604,411 BTC. Binance maintained a BTC reserve ratio of 102.06%, indicating excess reserves.

Ethereum (ETH):

ETH holdings were reported at 5.28 million ETH, a decrease of 3.36%. The reserve ratio stood at 100.16%.

Tether (USDT):

User USDT balances increased by 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 in 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%
  • SHIB – 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%
  • BOME – 100.00%
  • HBAR- 100.21%
  • NEAR – 103.47%
  • PEPE – 100.49%
  • S- 101.13%
  • SUI – 101.10%
  • TRUMP – 100.92%
  • WIF -100.46%

Binance claims that its Proof of Reserves mechanism, verified by Merkle tree cryptographic proofs, provides transparent data on user balances, Binance assets, and third-party custody assets.

*This is not investment advice.