1. Fund Security
OKX Proof of Reserves (PoR)
As of August 8, 2024, OKX has released its 22nd Proof of Reserves data, showcasing transparent asset backing for user funds.
User Assets Held:
- BTC: 138,780
- ETH: 1,619,926
- USDT: 6,119,457,626
- USDC: 1,083,818,428
Published Wallet Assets:
- BTC: 145,484 (105% reserve ratio)
- ETH: 1,642,353 (101% reserve ratio)
- USDT: 6,443,730,389 (105% reserve ratio)
- USDC: 1,084,058,228 (100% reserve ratio)
OKX employs advanced zk-STARK technology for cryptographic verification, covering 22+ cryptocurrencies to ensure full transparency.
2. Transaction Security
Risk Control Measures
- Anti-Phishing: Prevented 257 withdrawal attempts for 246 users, recovering ~$205,000 in assets.
- Insurance Fund: Maintained at $1.83 billion to mitigate liquidation risks.
API Security
- 4,876 API keys created via Fast API.
- 1,193 API keys bound to third-party apps.
- 7,864 inactive keys (unused for 14 days) purged.
Newbie Protection Program
- 10,324 users activated contract cooldown periods to prevent impulsive trading losses.
Misdirected Asset Recovery
- 2,917 cases resolved manually, recovering 11.23 million USDT in erroneous deposits.
FAQ
Q1: How often does OKX update its Proof of Reserves?
A: OKX releases monthly PoR reports, with 22 verified updates to date.
Q2: What is the purpose of the Risk Control system?
A: It safeguards users from phishing, unauthorized withdrawals, and market volatility.
Q3: Can I recover funds sent to a wrong address?
A: Yes. OKX manually processes misdirected deposits, recovering $11.23M USDT in August alone.
👉 Explore OKX’s security features
Disclaimer: This report excludes region-specific content and adheres to compliance guidelines. Digital asset holdings involve risks; consult a financial advisor before trading. © 2025 OKX. Permitted non-commercial sharing with attribution.
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