Crypto exchange Bybit has released a new Proof of Reserves report. For most of the largest crypto assets, it is over 100%.
The snapshot for the report was taken on December 12, 2024. It includes, among others, the following crypto assets: APEX, APT, ATOM, AVAX, BLUR, BTC, CRV, DOGE, DOT, DYDX, ETH, FTM, IMX, LTC, OP, PEPE, POL, SHIB, SOL, UNI, USDC, USDT, WLD and XRP.
The overcollateralization ratio for the largest crypto assets is: Bitcoin - 115%, Ethereum - 106%, USDT - 103%, XRP - 113%, SOL - 104%. #BinanceSeason #2024withBinance
