Huobi HTX updates Merkle tree reserve proof in May: the reserve ratio of the eight major mainstream assets is above 100%, and the USDT reserve has increased by more than 30%
ChainCatcher News, according to the official website of Huobi HTX, Huobi HTX's updated Merkle Tree Proof of Asset data on May 1 shows that the reserve ratio of many mainstream assets has remained above 100%, and the specific updated reserve rates are: BTC (101%), ETH (100%), TRX (105%), USDT (101%), HTX (104%), XRP (101%), DOGE (100%), SOL (101%). Among them, there are 1.52 billion USDT user assets and 1.53 billion platform reserves, a significant increase of more than 30% from the previous month, and the attractiveness of the platform continues to strengthen.
Huobi HTX's overall asset reserves are sufficient, safe and stable. As one of the first platforms in the industry to adopt the Merkle tree verification mechanism, Huobi HTX has publicly disclosed reserve data for 31 consecutive months. Users can visit the "Assets-Proof of Reserves Report" page on the official website of Huobi HTX at any time to view the Proof of Reserves report updated monthly. 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.