PANews reported on December 24 that Huobi HTX released its 2025 Proof of Reserves Annual Report, stating that it has been regularly publishing Merkle Tree Proof of Reserves (PoR) for 38 consecutive months, with the reserve ratio of all core assets consistently remaining above 100%, and all historical data available on-chain.
The changes in reserve data in 2025 clearly reflect market trends and the platform's stable operation. The most significant change is the surge in user USDT assets, from approximately 695 million in January to approximately 1.765 billion in December, an increase of about 150%. Meanwhile, BTC user holdings remained relatively stable. A CoinDesk research report shows that as of November, Huobi HTX's market share grew by 2.06% in 2025, ranking first among mainstream centralized exchanges. Furthermore, Huobi HTX actively expanded asset transparency in 2025, including assets such as WLFI and USDC in its PoR coverage.
