Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has published its 31st Proof of Reserves (PoR) snapshot, reflecting asset balances as of Feb. 26, 2026. The report, independently verified by Hacken, confirms that the exchange maintains reserve ratios at or above 100 percent across all major tracked assets, reinforcing its commitment to transparency and safeguarding user funds.
The latest update continues Bybit’s approach of providing verifiable on-chain data that allows users to independently confirm that platform liabilities are fully backed by corresponding assets held in reserve.
USDT Reserve Ratio: 104% (User Assets: 6.12 billion USDT | Bybit Wallet Balance: 5.87 billion USDT)
USDC Reserve Ratio: 113% (User Assets: 723.06 million USDC | Bybit Wallet Balance: 634.89 million USDC)
BTC Reserve Ratio: 109% (User Assets: 59,060 BTC | Bybit Wallet Balance: 54,158 BTC)
ETH Reserve Ratio: 100% (User Assets: 523,662 ETH | Bybit Wallet Balance: 519,990 ETH)
The latest snapshot shows that Bybit continues to maintain reserves that meet or exceed total user holdings across all reported assets. Maintaining reserve ratios at or above the 1:1 benchmark demonstrates the exchange’s ability to cover all user liabilities with corresponding on-chain assets at the time of the report.
“Consistency is the foundation of trust in digital assets. By maintaining reserve ratios above 100% across major assets, Bybit demonstrates a sustained commitment to financial integrity and institutional-grade accountability. Through Hacken’s independent Proof-of-Reserves verification, users can be confident that their assets are fully backed and transparently reported,” said Yevheniia Broshevan, CEO and Co-Founder of Hacken.
The distribution of assets across the reserve pool reflects steady user participation across major cryptocurrencies, while the exchange continues to prioritize full collateralization and operational transparency.
As the digital asset sector increasingly embraces Proof of Reserves as a transparency framework, centralized exchanges are playing a growing role in establishing verifiable solvency standards and strengthening confidence in custodial platforms.
Bybit publishes monthly Proof of Reserves updates, with independent verification reports available on the Bybit Proof of Reserves page, enabling users to monitor reserve balances and verify asset backing.
#Bybit / #CryptoArk / #ProofofReserves