CoinMaiden

Proof of Reserve
Secure and Transparent

100% Reserve has been the bottom line of CoinMaiden

Latest reserve rate on CoinMaiden

Total Market Cap in Wallets: $853,076,824.47

CET logoCET
Total Assets (In-site)640,515,501.69
Total Assets in Wallets798,934,385.25
Total Market Cap in Wallets40,815,520.45 USD USD
Reserve rate124.73%
USDT logoUSDT
Total Assets (In-site)242,891,978.83
Total Assets in Wallets261,275,602.22
Total Market Cap in Wallets261,151,783.71 USD USD
Reserve rate107.56%
USDC logoUSDC
Total Assets (In-site)10,870,431.74
Total Assets in Wallets11,471,052.24
Total Market Cap in Wallets11,464,345.92 USD USD
Reserve rate105.52%
BTC logoBTC
Total Assets (In-site)1,643.56
Total Assets in Wallets1,668.67
Total Market Cap in Wallets199,165,114.66 USD USD
Reserve rate101.52%
ETH logoETH
Total Assets (In-site)16,012.22
Total Assets in Wallets16,026.06
Total Market Cap in Wallets74,078,002.04 USD USD
Reserve rate100.09%
DOGE logoDOGE
Total Assets (In-site)155,314,518.51
Total Assets in Wallets155,894,470.24
Total Market Cap in Wallets36,730,280.54 USD USD
Reserve rate100.37%

Note: Uncovered assets before the snapshot and asset transactions after the snapshot will not be included in the audition.

How to prove Reserves

In centralized trading platforms, user assets are often recorded via the ledger in the database, and how to prove the reserve fund has become a difficult issue. In CoinMaiden, we use the "Merkle Tree" as an audit method to prove that the platform maintains a 100% reserve rate. This audit methodology requires three key steps for verification:

1.

CoinMaiden uses "Merkle Tree" as a data structure to encrypt user assets and publish the total assets of all users at the same time.

2.

CoinMaiden displays the total assets of all on-chain wallet addresses and wallets held by the platform.

3.

By comparing the total assets of all users with the total assets of all on-chain addresses on CoinMaiden, users can verify the asset reserve rate of CoinMaiden.

When the total on-chain assets on CoinMaiden are greater than or equal to the total assets of the user, it proves that CoinMaiden maintains a 100% reserve rate.