Bybit PoR Report Confirms 100%+ Reserves for Major Assets

Report Highlights Full Asset Backing

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its 31st Proof-of-Reserves report. The snapshot, dated February 26, 2026, and independently verified by Hacken, confirms that the exchange maintains reserves exceeding 100 percent for all major user assets, reinforcing its commitment to financial transparency and the safeguarding of funds.

Key Reserve Ratio Figures

The latest report provides verifiable on-chain data demonstrating that platform liabilities are fully collateralized. Key reserve ratios include 104 percent for USDT, 113 percent for USDC, 109 percent for BTC, and 100 percent for ETH. These figures affirm that user assets are backed on a 1:1 basis or greater, ensuring the exchange can cover all user holdings.

Impact on Market Confidence

By consistently publishing these verified reports, Bybit contributes to a growing industry standard for transparency among centralized exchanges. This practice helps establish verifiable solvency and strengthens user confidence in custodial platforms. According to Hacken CEO Yevheniia Broshevan, this sustained commitment to financial integrity is foundational to building trust in the digital asset ecosystem.

Summary

Bybit's latest PoR report underscores its sustained dedication to operational transparency and institutional-grade accountability. The exchange plans to continue publishing monthly updates, allowing users to monitor reserve balances and independently verify that their assets are fully backed and securely held.

FAQ

Q: What is a Proof-of-Reserves (PoR) report?
A: It is an independent audit designed to verify that a cryptocurrency exchange holds sufficient assets in its reserves to cover all of its customer deposits and balances.

Q: Who verified Bybit's 31st PoR report?
A: The report was independently verified by Hacken, a cybersecurity and blockchain security audit firm.

Source: Investing.com