Huobi HTX updates Merkle tree reserve proof for May: reserve ratios of eight major assets are all above 100%, USDT reserves increase by more than 30%

PANews reported on May 13 that according to the official website of Huobi HTX, the Merkle tree asset proof data updated by Huobi HTX on May 1 showed that the reserve rates of multiple mainstream assets were maintained above 100%, and the specific updated reserve rates were: BTC (101%), ETH (100%), TRX (105%), USDT (101%), HTX (104%), XRP (101%), DOGE (100%), SOL (101%). Among them, USDT user assets were 1.52 billion, and the platform reserves reached 1.53 billion, a significant increase of more than 30% over the previous month, and the platform's attractiveness continued to strengthen.

Huobi HTX has sufficient overall asset reserves, which are safe and sound. As one of the earliest platforms in the industry to adopt the Merkle tree verification mechanism, Huobi HTX has publicly disclosed its reserve data for 31 consecutive months. Users can visit the " Asset-Reserve Proof Report " page on the Huobi HTX official website at any time to view the monthly updated reserve proof report. In the future, Huobi HTX will continue to strengthen asset transparency and continuously enhance user trust and platform transparency by regularly disclosing PoR data every month.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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