Proof of Reserves
BYDFi Guarantees Safety of User Funds with 100% Reserve Ratio
BYDFi Asset Reserve Ratio
Reserve Ratio = Platform's Funds / Users' Funds. When the reserve ratio is 100% or higher, it indicates the platform's funds are sufficient
BTC
Bitcoin
Reserve Ratio
157%
ETH
Ethereum
Reserve Ratio
171%
USDT
Tether
Reserve Ratio
154%
BYDFi holds over 100% of total user assets (BTC, ETH, USDT)
Check Audit Report
What is Proof of Reserves (PoR)?
Proof of Reserves verifies exchange assets equal user holdings via cryptographic methods and public wallet audits.
Why is a 100% reserve ratio so important?
With 100% Reserve Ratio
The platform's funds are fully reserved
User assets are fully secured
The platform guarantees 100% redemption of user assets during centralized withdrawals
Without 100% Reserve Ratio
Risk of fund misappropriation
Low Tolerance for Systemic Risk
A concentration of withdrawals may trigger a digital run, potentially leading to user asset losses