Cryptocurrency exchange Bitunix has released its latest Proof of Reserves (PoR) update, confirming it holds over $128.5 million in total assets as of the audit timestamp on March 3, 2026. The update reaffirms the platform's commitment to transparency and user fund security.
The reserve ratios reveal that user funds are fully backed, with Bitcoin (BTC) and Tether (USDT) holdings showing a 109% reserve ratio, meaning the exchange holds more than the equivalent amount of these assets than users have deposited. Ethereum (ETH) balances are backed at a precise 1:1 ratio, or 100%.
The detailed asset breakdown provided by Bitunix shows the composition of its reserves: 501 BTC, 13.9 million USDT, 10.5 million USDC, 2.8 million XRP, 1,438 ETH, and 11,119 SOL. This allocation indicates a strategic focus on high-liquidity and widely trusted digital assets, with Bitcoin and stablecoins constituting the majority of the reserve pool.
Steven Gu, Chief Strategy Officer at Bitunix, emphasized the exchange's philosophy, stating, "At Bitunix, transparency is not just a statement, it’s a standard. We understand that trust is earned through openness and consistency. Our updated Proof of Reserves demonstrates that user funds remain secure and fully backed."
Bitunix, which serves over 4.2 million users globally, utilizes Merkle Tree technology to allow individual users to verify that their personal balances are fully backed by the exchange's holdings. The PoR data is publicly available on Bitunix's official website and can also be monitored on third-party platforms like CoinMarketCap, CoinGecko, and DefiLlama.