Binance released its latest proof of reserves report on Thursday, showing that the exchange holds enough Bitcoin and Ethereum to cover all customer balances at a ratio of 100.25%. The attestation, dated August 6, 2026, covers the two largest cryptocurrencies by market cap and is the exchange's most recent public audit of its custodial assets.
100.25% backing
The figure means Binance's on-hand Bitcoin and Ethereum exceed its liabilities to users by a quarter of a percent. That small buffer — 0.25% — is a standard cushion in proof-of-reserves reports, designed to account for rounding and minor discrepancies. For Bitcoin and Ethereum specifically, the report confirms that every token users have deposited is matched by a token in Binance's wallets, plus a sliver extra.
What the report covers
This particular attestation focuses on Bitcoin and Ethereum, the two assets that make up the bulk of Binance's customer funds. The exchange has previously published proof-of-reserves reports that include a wider basket of tokens, but this one zeroes in on the pair that matters most to the broadest set of users. The report does not cover stablecoins or smaller altcoins.
Proof of reserves has become a standard transparency measure for crypto exchanges. By publishing a third-party-verified snapshot of wallet balances versus customer liabilities, exchanges give users a way to check that their funds are not being lent out or misappropriated. A ratio above 100% is the baseline for a clean bill of health. Binance's 100.25% figure puts it in the same range as its previous attestations.
The report is available on Binance's website for public verification. The exchange has not announced a date for its next proof-of-reserves publication.
