Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its 36th  Proof-of-Reserves (PoR) report, reflecting asset balances as of May 27, 2026, as mainstream asset value tops $16.5B. Independently verified by Hacken, the latest disclosure shows reserve ratios for key assets including USDT, USDC, BTC, and ETH all exceeding 100%, indicating that user liabilities remain fully backed by on-chain holdings.

Key Metrics (as of May 27, 2026)

USDT Reserve Ratio: 106% (User Assets: ~5.55 billion USDT | Wallet Holdings: ~5.89 billion USDT)

USDC Reserve Ratio: 164% (User Assets: ~563.7 million USDC | Wallet Holdings: ~925.5 million USDC)

BTC Reserve Ratio: 108% (User Assets: 44,736 BTC | Wallet Holdings: 48,582 BTC)

ETH Reserve Ratio: 104% (User Assets: 552,540 ETH | Wallet Holdings: 579,288 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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