KuCoin Maintains 110% Reserve Ratio for BTC, ETH in Latest Audit

KuCoin, a leading global cryptocurrency exchange, has successfully completed its latest Proof of Reserves (PoR) audit, conducted by the renowned blockchain security firm Hacken. This audit, which included rigorous procedures such as Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a comprehensive Proof of Reserves Assessment, covered a wide range of assets across multiple blockchain networks. The audit demonstrated that KuCoin’s holdings not only fully cover but exceed all user liabilities across all in-scope assets, maintaining a solid reserve ratio greater than 1:1. This marks the 32nd consecutive month that KuCoin has published a PoR report confirming full collateralization, highlighting the platform’s long-standing dedication to transparency and user protection.

The audit validated KuCoin’s reserves across a broad range of cryptocurrencies, confirming that all user liabilities for in-scope assets are fully backed without exception. As of June 30, 2025, the platform maintains the following reserve ratios for key assets: BTC at 110%, ETH at 110%, USDT at 114%, and USDC at 112%. These figures reflect KuCoin’s prudent approach to risk management and its commitment to maintaining the highest standards of financial security. The audit encompassed assets across more than 30 blockchain networks, such as Ethereum, Solana, TON, and zkSync. Using industry-standard methodologies including custom digital signatures, “send-to-self” transactions, and anonymized liability snapshots, Hacken verified KuCoin’s ownership and control of all listed wallets, with no discrepancies or shortfalls identified.

“At KuCoin, we believe transparency is the foundation of trust in the crypto ecosystem,” said BC Wong, CEO of KuCoin. “This audit not only validates our dedication to safeguarding user assets but also reflects our broader vision of building a secure and inclusive platform for all. We will continue to prioritize transparency and security as we work toward empowering our users and advancing global digital asset adoption. Asset audits represent a vital starting point for industry self-regulation — a necessary step toward building user confidence and supporting the long-term, sustainable development of the crypto space.”

Looking to the future, KuCoin is dedicated to bolstering user trust through its $2 billion Trust Project, an initiative aimed at fortifying security and transparency across the platform. As part of this initiative, KuCoin will continue to uphold transparency. This includes ongoing investments in cutting-edge security infrastructure to provide a seamless and secure experience. KuCoin also invites users to actively participate in using the intuitive tools available on the platform. By offering users the ability to verify on-chain data directly, KuCoin continues to push the boundaries of trust and accountability.

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.