Bybit Releases Latest Proof-of-Reserves Report, Adding 10 Tokens as Mainstream Asset Value Hit $19.6 Billion

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Sep 30, 2026, 06:03 ET

DUBAI, UAE, Sept. 30, 2026 /PRNewswire/ -- Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has added new 10 tokens to its Proof-of-Reserves (PoR) coverage with the release of its 40th PoR report, which reflects asset balances as of September 23, 2026. The report shows the reported value of mainstream assets reaching $19.6 billion, up from $18.1 billion in the 39th report in August.

The tokens joining Bybit's September PoR report are SUI, PUMP, LIT, CAP, SPX, ZEREBRO, XPL, USDTB, PENGU, and ZRO. Bybit selects tokens for its PoR disclosures based on meaningful assets under management (AUM), with the current report covering the 50 highest-AUM tokens on the platform. This approach keeps the disclosure aligned with where user assets are concentrated.

The report, released on September 23, 2026, was independently verified by HACKEN. The snapshots and audited report show that reserve ratios for all 50 in-scope tokens were at or above 100%, including key assets such as USDT, USDC, BTC and ETH, indicating that user liabilities were fully backed by on-chain holdings.

Reserve positions strengthened across major assets compared with the 38th report published in July. The USDT reserve ratio rose to 110% from 105%, with wallet holdings exceeding user assets by roughly 364 million USDT. The USDC ratio increased to 223% from 174%. ETH edged up to 103% from 102%, while BTC held steady at 104%.

Ten tokens are newly added with reserve ratios between 101% and 125%, led by XPL at 125% and LIT at 121%.

Key Metrics (as of September 23, 2026 at 03:00 UTC)

USDT Reserve Ratio: 110% (~3.96 billion USDT in wallet backing ~3.59 billion USDT in user assets)
USDC Reserve Ratio: 223% (~748.3 million USDC in wallet backing ~334.8 million USDC in user assets)
BTC Reserve Ratio: 104% (58,721 BTC in wallet backing 56,131 BTC in user assets)
ETH Reserve Ratio: 103% (570,018 ETH in wallet backing 551,868 ETH in user assets)

As institutional and retail participation in digital assets continues to grow, proof of reserves has become a baseline transparency measure across the industry. Bybit's 40th Proof-of-Reserves report offers an independently verified view of reserve balances and user liabilities, giving added visibility into the exchange's custody and solvency position.

Reserve balances and verification records are published on Bybit's Proof-of-Reserves page and updated on a recurring basis.

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