Important points
- Binance’s proof of reserves shows surplus in BTC, BNB, XRP, and major stablecoins.
- ETH and SOL remain fully backed at 100%, reflecting a conservative reserve approach.
Binance revealed its reserve proof for October, showing that it holds more than 100% of user deposits across all major assets, with several tokens remaining in the black. Bitcoin reserves alone exceed approximately 21,000 BTC.
The exchange’s latest audit shows that Bitcoin is 103% profitable, BNB 112%, XRP 102%, USDT 106%, FDUSD 125%, and USDC 148% profitable, while Ethereum and Solana holdings remain fully backed at 100%.
Binance's reserve certification highlights the importance of Binance maintaining surplus backing in Bitcoin, BNB, XRP, and major stablecoins, while holdings in Ethereum and Solana are conservatively maintained with exactly 1:1 coverage.
