Bitget Publishes Its 45th Monthly Proof-of-Reserves Report with a Reserve Ratio of 122%
Bitget has released its August 2026 monthly Proof of Reserves (PoR) report, marking the platform's 45th consecutive disclosure since launching in December 2022. The reserve ratio for tracked assets was reported at 122%, indicating that Bitget’s reserves exceeded user balances as captured in the snapshot. This transparency is part of a broader asset-protection framework that also includes monthly Protection Fund valuation reports. The August report showed an average Protection Fund value of $382 million, backed by 5,500 BTC held separately from operational assets. The fund’s valuation fluctuated between approximately $345.3 million and $441.5 million during the month due to Bitcoin price movements but remained above Bitget's initial commitment of $300 million. Bitget uses a Merkle-tree structure for its PoR, enabling users to verify their balances independently without exposing others' data. The platform recently expanded asset coverage from four cryptocurrencies to over 20 major assets and introduced the Personal Proof of Assets feature.
Topics: Bitget crypto reserves transparency