Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has added 10 tokens to its Proof-of-Reserves (PoR) coverage, bringing the total number of covered tokens to 50. The expansion accompanies the release of Bybit’s 38th PoR report, which reflects asset balances as of July 22, 2026.

The tokens added to Bybit’s PoR coverage in July 2026 are GRAM, XAUT, HYPE, STABLE, ENA, ARB, ASTER, ONDO, AAVE and USD1. The expansion is intended to increase transparency across the platform.

Bybit prioritizes tokens with the highest assets under management, or AUM, when determining the scope of its PoR disclosures. The current report covers the 50 highest-AUM tokens on the platform.

The report, released July 23, 2026, in Dubai, United Arab Emirates, shows the reported value of mainstream assets topping $16.5 billion. Independently verified by Hacken, the disclosure shows that reserve ratios for key assets, including USDT, USDC, BTC and ETH, all exceeded 100%, indicating that user liabilities were fully backed by on-chain holdings.

Key Metrics (as of July 22, 2026)

USDT Reserve Ratio: 105% (User Assets: ~4.71 billion USDT | Wallet Holdings: ~4.98 billion USDT)

USDC Reserve Ratio: 174% (User Assets: ~626.4 million USDC | Wallet Holdings: ~1,093.9 million USDC)

BTC Reserve Ratio: 104% (User Assets: 56,438 BTC | Wallet Holdings: 59,064 BTC)

ETH Reserve Ratio: 102% (User Assets: 541,412 ETH | Wallet Holdings: 553,776 ETH)

Proof of reserves has become an increasingly important transparency measure across the digital asset industry as institutional and retail participation continues to expand. Bybit’s latest report provides an independently verified snapshot of reserve balances and user liabilities, offering additional visibility into the exchange’s asset custody and solvency position.

Reserve balances and verification records are published on Bybit’s Proof-of-Reserves page and updated on a recurring basis.

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