BlockBeats News, May 13th. According to an announcement on the Huobi HTX official website, on May 1st, Huobi HTX updated its Merkle Tree Proof of Reserves data. The updated data showed that the reserve rates of multiple mainstream assets remain above 100%. The specific updated reserve rates are as follows: BTC (101%), ETH (100%), TRX (105%), USDT (101%), HTX (104%), XRP (101%), DOGE (100%), SOL (101%). Among them, the USDT user assets are 1.52 billion coins, and the platform's reserves reached 1.53 billion coins. This represents a significant growth of over 30% from the previous month, demonstrating the continued strength of the platform's attractiveness.
Huobi HTX has overall sufficient and secure asset reserves. As one of the earliest platforms in the industry to adopt the Merkle Tree verification mechanism, Huobi HTX has publicly disclosed reserve data for 31 consecutive months. Users can always visit the "Assets-Reserve Proof Report" page on the Huobi HTX official website to view the monthly updated reserve proof reports. In the future, Huobi HTX will continue to strengthen asset transparency construction by regularly disclosing PoR data monthly, further enhancing user trust and platform transparency.
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