Transparency for
centralized exchanges.
Track Proof of Reserves, liabilities, and exchange transparency so you can see the evidence behind centralized exchanges.
10 exchanges tracked$301.1B reported assets under coverageUpdated daily
Transparency Feed
Bitget publishes August PoR report
Gate.io releases August PoR snapshot
OKX releases August PoR files
Binance updates its PoR snapshot
KuCoin updates its Merkle PoR
VOXELUSDT abnormal trading incident
Ethereum cold-wallet breach
Bitget publishes August PoR report
Gate.io releases August PoR snapshot
OKX releases August PoR files
Binance updates its PoR snapshot
KuCoin updates its Merkle PoR
VOXELUSDT abnormal trading incident
Ethereum cold-wallet breach
Exchange Transparency Rankings
Sorted by VIF Score| # | Exchange | VIF Score | PoR | Liabilities | Proof Age | Methodology | Auditor | Reported Reserves |
|---|---|---|---|---|---|---|---|---|
| 1 | Gate.io | Verified | Verified | 14 days | zk-PoR | The Network Firm | $8.22B | |
| 2 | Binance | Verified | Verified | 26 days | zk-PoR | Self-attested | $153.6B | |
| 3 | OKX | Verified | Verified | 48 days | zk-PoR | Hacken | $35.1B | |
| 4 |  Coinbase | N/A | Verified | 89 days | Financial statements | Deloitte & Touche | $42.1B | |
| 5 | KuCoin | Verified | Verified | 27 days | Merkle | Hacken | $2.17B | |
| 6 | Bybit | Verified | Verified | 32 days | Merkle | Hacken | $15.9B | |
| 7 |  Kraken | Verified | Verified | 89 days | Merkle | The Network Firm | $27.9B | |
| 8 | Bitget | Verified | Partial | 12 days | Merkle | Self-attested | $11.2B | |
| 9 |  Crypto.com | Stale | Partial | — | Merkle | Self-attested | — | |
| 10 |  Bitstamp | N/A | Partial | — | Annual audit claimed | Undisclosed Big Four | $4.94B |
Statuses describe the evidence an exchange publishes, not a Verifelse solvency guarantee. See the evaluation methodology. Thirty-day spot-volume data: CoinGecko.
Methodology Overview
v1.0VIF Score is a weighted sum of 6 components.
Recent Incidents
Historical record
Bithumb
Feb 2026BTC promotional-reward miscredit
Upbit
Nov 2025Solana-network hot-wallet breach
CoinDCX
Jul 2025Internal operational-account breach
Regulatory Transparency Requirements
Custody segregation and periodic reserve/holdings reporting for crypto-asset service providers.
Primary source →Client-asset safeguarding and reserve/segregation rules for virtual-asset service providers.
Primary source →Segregation and safeguarding of customer assets for digital payment token service providers.
Primary source →Framework references for context only; not legal advice. See each regulator's primary source.