OKX CEX Security Monthly Report (May)
1. Funds Security
OKX Assets Proof of Reserves (POR)
OKX has currently published the data for its 19th Proof of Reserves, as of May 20, 2024
OKX Proof of Reserves Quick Access
User Assets:
BTC:147, 139 coins
ETH:1, 674, 211 coins
USDT:6, 519, 814, 148 coins
USDC:284, 932, 821 coins
Published Wallet Assets
BTC:153, 280 coins
ETH:1, 732, 147 coins
USDT:6, 661, 178, 698 coins
USDC:289, 331, 686 coins
Reserve Ratio
BTC:104%
ETH:103%
USDT:102%
USDC:102%
OKX Proof of Reserves uses a new zk-STARK proof method, now covering up to 22 cryptocurrencies.
2. Trading Security
Trading Risk Control
In May, the anti-phishing risk control system intercepted 372 withdrawal transactions for 344 users, recovering approximately 485,500 USDT in assets.
The risk reserve fund totaled $1.95 billion, continuously helping users avoid liquidation losses.
API Security
In May, 4,307 API Keys were created through Fast API, 1,037 API Keys bound to third-party applications were created, and 11,722 API Keys that were inactive for 14 days and not bound to IP addresses were deleted.
Beginner Protection Program
In May, 6,114 users activated the contract cooling-off period, preventing losses from impulsive trading.
Protection of User Incorrectly Deposited Assets
In May, 5,341 cases of incorrectly deposited assets were manually processed, with a total valuation of 16.5741 million USDT.
Disclaimer
This article may contain content about products not available in your region. This article is intended to provide general information only and is not responsible for any factual errors or omissions. This article represents the author's personal views and does not represent OKX's views. This article is not intended to provide any advice, including but not limited to: (i) investment advice or investment recommendations; (ii) offers or solicitations to buy, sell, or hold digital assets; or (iii) financial, accounting, legal, or tax advice. Holding digital assets (including stablecoins) involves high risk and may fluctuate significantly or even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you based on your financial situation. For questions regarding your specific situation, please consult your legal/tax/investment professional. The information in this article (including market data and statistics, if available) is for general reference only. Although we have taken all reasonable care in preparing these data and charts, we assume no responsibility for any factual errors or omissions expressed herein. © 2025 OKX. This article may be reproduced or distributed in full, or excerpts of 100 words or less may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must prominently state: "Copyright © 2025 OKX, used with permission." Permitted excerpts must cite the article name and include the source, such as "Article Name, [Author Name (if applicable)], © 2025 OKX." Some content may be generated or assisted by artificial intelligence (AI) tools. Derivative works or other uses of this article are not permitted.
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1. Funds Security
2. Trading Security
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