Bybit Releases Its 31st Proof-of-Reserves Report
Bybit's 31st Proof-of-Reserves report confirms its strong financial health, showing reserve ratios at or above 100% for major assets as of February 26, 2026.
In the fast-paced world of cryptocurrency trading, trust and transparency are paramount. Today, Bybit , the world’s second-largest cryptocurrency exchanges by trading volume, has released its 31st Proof-of-Reserves (PoR) report. This latest snapshot, reflecting asset balances as of February 26, 2026, confirms that Bybit maintains a robust financial position, with reserve ratios at or above 100% across all major tracked assets. What Is the Significance of Bybit's Proof-of-Reserves Report? Bybit’s PoR report is a significant transparency measure that assures users their funds are secure. The report, independently verified by Hacken, shows that the exchange not only meets but exceeds the 1:1 reserve ratio benchmark, underscoring its commitment to protecting user assets. With more exchanges adopting such measures, Bybit stands out in the industry for its proactive approach to financial integrity. How Do Bybit's Reserve Ratios Stack Up? The latest numbers are impressive. Here’s a quick breakdown of Bybit's asset reserves as of February 26, 2026: 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) What Do These Figures Indicate About Bybit's Operational Integrity? Bybit’s consistent achievement of reserve ratios above 100% across key cryptocurrencies reflects strong user participation and confidence in the platform. This robust backing of user assets speaks volumes about the exchange's operational capacity and commitment to transparency. “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 accountabi