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.
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