TechFlow news: According to official information, Huobi HTX has updated its Merkle tree proof of reserves data for October, with all reserve ratios exceeding 100%. The specific reserve ratios in this update are as follows: USDT at 100% (HTX assets: 548,083,622), BTC at 102% (HTX assets: 23,245), ETH at 103% (HTX assets: 129,932), HT at 102% (HTX assets: 171,007,202), and TRX at 100% (HTX assets: 9,600,931,041). The USDT and ETH figures already include stUSDT, USDT-T-Bills assets, as well as BETH and stETH. The reserve ratio is calculated as HTX wallet balance divided by user assets, serving as a measure of whether HTX holds sufficient reserves. A reserve ratio above 100% indicates that HTX's wallet assets exceed the total user-held assets.
Huobi HTX stated that it will conduct regular asset audits and use this page and feature to publicly demonstrate sufficient reserves to safeguard user assets.
