Binance, the world's largest cryptocurrency exchange, presented its 11th Proof of Reserves report.
The proof of reserve application was launched after the collapse of the cryptocurrency exchange FTX, in order for exchanges to prove that they hold customer assets in a 1:1 ratio.
The snapshot of the company's assets was taken on October 1, 2023. Here are the assets held by the stock market:
Bitcoin ($BTC):
Rate: 104.67%
Customer Net Balance: 588,879,609 $BTC
Binance Net Balance: 616,394,946 $BTC
Ethereum ($ETH):
Rate: 107.29%
Customer Net Balance: 3,830,184.392 $ETH
Binance Net Balance: 4,109,241,775 $ETH
Binance Coin ($BNB):
Rate: 113.72%
Client Net Balance: 29,334,701,312 $BNB
Binance Net Balance: 33,359,554,309 $BNB
Tether ($USDT):
Rate: 118.45%
Customer Net Balance: 15,313,870,839.133 $USDT
Binance Net Balance: 18,139,590,309,959 $USDT
Binance USD ($BUSD):
Rate: 106.99%
Customer Net Balance: 1,070,199,336.173 $BUSD
Binance Net Balance: 1,145,007,837.25 $BUSD
USD Coin ($USDC):
Rate: 104.09%
Customer Net Balance: 903,544,629,598 $USDC
Binance Net Balance: 940,538,520,708 $USDC
Litecoin ($LTC):
Rate: 101.31%
Customer Net Balance: 5,614,234.811 $LTC
Binance Net Balance: 5,687,670,669 $LTC
Ripple ($XRP):
Rate: 104.15%
Customer Net Balance: 2,629,459,187,625 $XRP
Binance Net Balance: 2,738,661,519,884 $XRP
Solana (LEFT):
Rate: 101.91%
Customer Net Balance: 29,119,159,862 $SOL
Binance Net Balance: 29,675,019.97 $SOL
Chainlink ($LINK):
Rate: 103.55%
Customer Net Balance: 60,169,713.519 $LINK
Binance Net Balance: 62,305,323.559 $LINK
1inch ($1INCH):
Rate: 101.65%
Customer Net Balance: 128,861,453.643 $1INCH
Binance Net Balance: 130,981,930.257 $1INCH
Aptos ($APT):
Rate: 102.84%
Customer Net Balance: 14,861,878,493 $APT
Binance Net Balance: 15,284,660,366 $APT
Arbitrum ($ARB):
Rate: 100.67%
Customer Net Balance: 292,543,119,507 $ARB
Binance Net Balance: 294,516,478,854 $ARB
Chromia (CHR):
Rate: 106.78%
Customer Net Balance: 342,960,546.779 CHR
Binance Net Balance: 366,214,264.127 CHR
Chiliz ($CHZ):
Rate: 108.95%
Customer Net Balance: 3,448,607,261,383 $CHZ
Binance Net Balance: 3,757,115,154,158 $CHZ
Curve DAO Token ($CRV):
Rate: 102.74%
Customer Net Balance: 90,228,690,474 $CRV
Binance Net Balance: 92,697,127,817 $CRV
PowerPool (CVP):
Rate: 105.18%
Customer Net Balance: 23,271,512.021 CVP
Binance Net Balance: 24,476,533,532 CVP
Dogecoin ($DOGE):
Rate: 100.37%
Customer Net Balance: 11,538,940,913.44 $DOGE
Binance Net Balance: 11,581,227,218,837 $DOGE
Polkadot ($DOT):
Rate: 107.35%
Customer Net Balance: 106,096,040.194 $DOT
Binance Net Balance: 113,895,618.09 $DOT
Enjin Coin ($ENJ):
Rate: 104.99%
Customer Net Balance: 157,385,982.089 $ENJ
Binance Net Balance: 165,233,597,811 $ENJ
First Digital USD ($FDUSD):
Rate: 113.16%
Customer Net Balance: 265,326,748.785 $FDUSD
Binance Net Balance: 300,240,156,551 $FDUSD
The Graph ($GRT):
Rate: 102.77%
Customer Net Balance: 738,880,217.976 $GRT
Binance Net Balance: 759,341,932,598 $GRT
Hashflow (HFT):
Rate: 103.77%
Customer Net Balance: 63,597,617,205 HFT
Binance Net Balance: 65,996,361.57 HFT
Mask Network ($MASK):
Rate: 104.67%
Customer Net Balance: 14,578,416.984 $MASK
Binance Net Balance: 15,259,026.476 $MASK
*This is not investment advice.