OKX

OKX

SeychellesFounded 2017okx.com ↗

Last reviewed 2026-09-21 · Methodology v1.0

Centralized Exchange

VIF Score ⓘVIF Score — Verifelse Independent Verification score. A deterministic 0–100 measure of how independently verifiable an exchange is.

74.2B

#3

of 10
VIF rankings

Reported Reserves

$35.1B

Publicly Verifiable

Liabilities

Publicly Verifiable

Global ZK proof

Proof Age

48 days

Stale · Monthly cadence

Verification

Hacken

zk-PoR · Independent verifier

Transparency Snapshot

Strong public verifiability

OKX publishes cryptographic Proof of Reserves, users can verify inclusion, reserve ownership evidence is available.

Primary limitation: The global liability claim is verifiable, but the actual aggregate amount is hidden.

Reserve Coverage

106%

Reported total reserve rate

Assets ≥ in-scope balances

Exchange-published figure, not independently recomputed by Verifelse (as of 2026-08-10). Source ↗

Reserve coverage reflects only assets within the scope of the published proof, and does not by itself establish solvency.

Reserve Asset Composition

BTC34.4%$12.1B
USDT24.5%$8.60B
ETH14.2%$4.98B
OKB7.2%$2.53B
USDG6.3%$2.21B
USDC5%$1.76B
SOL2.6%$0.91B
DOGE1.7%$0.60B
Other4.1%$1.44B
Total$35.1B

Proof of Reserves

Cryptographic (Merkle / zk)✓ Active programProves liabilities

>100% across 22 traded assets (e.g. BTC 105%, ETH 102%, USDT 106%, USDC 100%); ~$35.4B primary assets at 36th monthly report.

MethodologyMerkle tree + zero-knowledge proof (zk-STARK/zk-SNARK), independently verified
Auditor / VerifierHacken (independent verification)
CadenceMonthly
Snapshot as of2026-08-10
Official proofokx.com ↗

Proof & Verification Artifacts

Verification matrix

Proof type
CryptographicAttestationFinancial statementsNone
Proof of Liabilities
LPORGlobal ZKMerkle-sumMerkle-inclusionAuditor-onlyNone
Wallet disclosure
FullPartialNone
Inclusion check
FullPartialNone
Verification tool
Open-source verifierInclusion self-checkNone
Third-party assurance
Financial auditAttestationAgreed-upon proceduresNone

Options are ordered strongest to weakest; the highlighted option reflects the proof method Verifelse recognizes for OKX. This describes the method, not a solvency guarantee.

VIF Score Breakdown

Top-10 VIF median
Asset Verification70 / 100
Top-10 median: 67.5
Liability Verification67 / 100
Top-10 median: 50
Proof Freshness55 / 100
Top-10 median: 65
Public Verifiability93 / 100
Top-10 median: 68.5
Methodology Transparency95 / 100
Top-10 median: 95
Incident Disclosure82 / 100
Top-10 median: 77.4

Third-Party Verification

External verifierHacken
Third-party assuranceAgreed-upon procedures

Related Incidents

Five-week withdrawal suspensionResolved

Oct–Nov 2020 · Customer access restricted · Withdrawal and operations

View all incidents →

Expert Commentary

No expert commentary currently indexed for OKX.

This does not imply expert consensus or endorsement.