Bitget published its July 2026 Proof of Reserves report, disclosing a reserve ratio of 122%, meaning the exchange holds more in verified reserves than it owes users across the assets covered by the audit.
The exchange framed the disclosure as part of an ongoing effort to demonstrate solvency, describing itself as "setting the standard for trust and security" among what it calls Universal Exchanges, or UEX, a category it uses to describe platforms combining crypto trading with tokenized traditional-market products.
Why reserve ratios matter to users
Proof of Reserves reports have become a standard trust signal across the crypto exchange industry since the collapse of FTX in 2022 exposed how opaque some platforms' balance sheets could be. A reserve ratio above 100%, as Bitget reported for July, indicates the exchange's on-chain and custodial holdings exceed the total balances it owes to users in the assets it audited, though such reports typically rely on the exchange's own methodology and chosen audit partner rather than a fully independent, real-time verification.
Context for the disclosure
Bitget has published Proof of Reserves figures on a recurring basis, using each monthly update to reinforce its positioning as a large, well-capitalized platform at a time when exchanges continue to compete heavily on trust following past industry failures. The exchange did not break down the reserve figures by individual asset in the social media post, directing users instead to its own reporting page for the full breakdown.
