KuCoin has completed its latest Proof of Reserves audit. Hacken, a leading blockchain security firm, conducted the review. The findings, dated June 30, 2025, confirm that KuCoin holds more assets than required to cover user deposits.
The exchange has released reserve ratios of 110% for BTC and ETH, 114% for USDT, and 112% for USDC. KuCoin has experienced full collateralization for the 32nd consecutive month. It has released regular reports to back this.
The platform’s reserve holdings have been more than 100% of user deposits since 2022. Such a history helps create trust in users in the market’s early times. Proof of Reserves is evidence to confirm the safety of user deposits. It stops the exchange from quietly lending customer assets to other people.
KuCoin reserves are fully verified by hacken
Hacken’s annual audit used advanced tools and arm’s-length verification. They confirmed that the balance of KuCoin wallets and reserves reflects the users’ balance. Auditors cross-checked the information at multiple stages. Auditors confirmed ownership of wallets using custom digital signatures.
They checked the assets for staking and used send-to-self transactions. The whole process adhered to the prescribed protocol. KuCoin gave the reviewer access to its in-house setup for analysis. The reviewer went ahead to analyze the reserves with the help of special software.
They audited assets across multiple blockchain networks. All the following were within the scope of the audit: Ethereum, Solana, and zkSync. These outcomes matter in the broader crypto industry. The sector has not recovered from the history of collapses and scandals. Audited and verified reserves help the exchanges to rebuild user trust.
Proof-based model gains KuCoin support
KuCoin professes its mission to be one of being a non-custodial, open marketplace for traders. Periodical third-party audits affirm the same. The exchange also has a Public Proof of Reserves web page. The members can verify the assets they possess through the utility of the Merkle tree. The utility has spotless on-chain records at its disposal.
KuCoin wants to do more with its $2 billion Trust Project. The concept is to create a more secure space with high-tech technology and regular audits. The future plan is to emphasize accountability, security for the end user, and slow and steady growth.
Proof-based mechanisms will one day be the norm with time. KuCoin‘s history is the best proof of how frequent checks, publicly accessible reports, and actual reserves instill long-term trust in the eyes of the user. The bottom-line formula in the trust marketplace never varies.
