TechFlow news — According to official announcements, Huobi HTX has updated its Merkle tree proof-of-reserves data for November. The specific reserve ratios in this update are: USDT 103% (Huobi HTX assets 562,829,746), BTC 101% (Huobi HTX assets 23,063), ETH 102% (Huobi HTX assets 129,785), HT 102% (Huobi HTX assets 168,026,439), and TRX 100% (Huobi HTX assets 9,670,958,871). The USDT and ETH figures already include stUSDT, USDT-T-Bills assets, as well as BETH and stETH.
The reserve ratio = Huobi HTX wallet balance / user assets, which measures whether Huobi HTX holds sufficient asset reserves. A reserve ratio above 100% indicates that the platform's wallet assets exceed the total user-held assets.
Huobi HTX stated that it will conduct regular asset audits and use this page and functionality to publicly demonstrate that it maintains adequate reserves to safeguard user assets.
