Dubai, UAE, March 5th, 2026, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has published its 31st Proof-of-Reserves (PoR) snapshot, reflecting asset balances as of Feb. 26, 2026. The report, independently verified by Hacken, confirms that the exchange maintains reserve ratios at or above 100 percent across all major tracked assets, reinforcing its commitment to transparency and safeguarding user funds.
The latest update continues Bybit’s approach of providing verifiable on-chain data that allows users to independently confirm that platform liabilities are fully backed by corresponding assets held in reserve.
Key Highlights (as of Feb. 26, 2026)
USDT Reserve Ratio: 104%
(User Assets: 6.12 billion USDT | Bybit Wallet Balance: 5.87 billion USDT)
USDC Reserve Ratio: 113%
(User Assets: 723.06 million USDC | Bybit Wallet Balance: 634.89 million USDC)
BTC Reserve Ratio: 109%
(User Assets: 59,060 BTC | Bybit Wallet Balance: 54,158 BTC)
ETH Reserve Ratio: 100%
(User Assets: 523,662 ETH | Bybit Wallet Balance: 519,990 ETH)
Upholding Full Asset Backing
The latest snapshot shows that Bybit continues to maintain reserves that meet or exceed total user holdings across all reported assets. Maintaining reserve ratios at or above the 1:1 benchmark demonstrates the exchange’s ability to cover all user liabilities with corresponding on-chain assets at the time of the report.
“Consistency is the foundation of trust in digital assets. By maintaining reserve ratios above 100% across major assets, Bybit demonstrates a sustained commitment to financial integrity and institutional-grade accountability. Through Hacken’s independent Proof-of-Reserves verification, users can be confident that their assets are fully backed and transparently reported,” said Yevheniia Broshevan, CEO and Co-Founder of Hacken.
The distribution of assets across the reserve pool reflects steady user participation across major cryptocurrencies, while the exchange continues to prioritize full collateralization and operational transparency.
As the digital asset sector increasingly embraces Proof of Reserves as a transparency framework, centralized exchanges are playing a growing role in establishing verifiable solvency standards and strengthening confidence in custodial platforms.
Bybit publishes monthly Proof-of-Reserves updates, with independent verification reports available on the Bybit Proof of Reserves page, enabling users to monitor reserve balances and verify asset backing.
#Bybit / #CryptoArk / #ProofofReserves
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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Contact
Head of PR
Tony Au
Bybit
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