Global Crypto Exchange Kucoin has completed a new independent, spare certification (POR) audit conducted by leading blockchain security company Hacken.
This latest milestone has now marked the platform’s impressive 32 consecutive months of publishing these POR reports. The move strengthens Kucoin’s long-standing commitment to financial transparency and building user trust.
Audit confirms support for full assets with surplus reserves
In its latest audit, Kucoin demonstrated that it holds enough crypto assets to cover all users’ liabilities across the supported tokens. The reserve ratios for major cryptocurrencies as of June 30, 2025 are as follows:
- Bitcoin (BTC): 110%
- Ethereum (ETH): 110%
- Tether (USDT): 114%
- USD Coin (USDC): 112%
Specifically, for every single BTC user deposited, Kucoin holds 1.1 BTC in reserves. The report shows that Kucoin received 9,392 BTC from users but maintains a balance of 10,312 BTC. Similarly, for Ethereum, the customer deposited 137,240 ETH, but the exchange holds 150,539 ETH.
These figures confirm that Kucoin is continuing to undergo a significant overabundance of user deposits. This practice serves as an important safeguard for an industry that has often been criticized for opaque accounting practices.
Multi-chain transparency and industry standard audit
The audits conducted by Hacken spanned over 30 blockchain networks, including major chains such as Ethereum, Solana, Ton and Zksync. It also includes comprehensive verification techniques such as:
- Custom Digital Signature
- Send a self transaction
- Anonymous Responsibility Snapshot
Hacken verified full control of Kucoin on all listed wallets and reported inconsistencies and shortages. The verification further validates the platform’s asset claims and operational integrity.
The audit is part of Kucoin’s $2 billion trust project, a long-term initiative focused on improving security, transparency and self-verification. Kucoin users can now view replacement reserves directly on-chain via tools available on the platform’s Proof of Reserves page.
Kucoin CEO BC Wong stressed the company’s commitment to building trusts, saying that the audit not only validates the company’s dedication to protecting user assets, but also reflects its broader vision of building a safe and inclusive platform for everyone.
Global Leader in Digital Asset Integrity
Founded in 2017, Kucoin serves more than 41 million users worldwide, offering a comprehensive ecosystem including wallets, trading, asset management, payments and AI-powered tools.
The company has received praise from Forbes and Francs, reinforcing its reputation as one of the industry’s most user-centric platforms. Kucoin continues to set benchmarks through independent auditing, chain verification and aggressive security investments.
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