Proof of Reserves
ApiCoin holds 100% of user assets in reserves and publishes its Merkle tree proof, platform reserves, and reserve ratio on a monthly basis.
Latest reserve ratio
The reserve ratio is calculated by dividing the platform's assets by user assets. A ratio of 100% or higher means the platform can fully cover all user assets.
Merkle root hash
The Merkle tree, generated from all user balances, has 26 layers and 44,325,666 records.
00795643f17d7588
Total reserve ratio
ApiCoin holds more than 100% of user assets in BTC, ETH, USDT, and USDC.
163%
Coin name
Platform's assets
Users' assets
Reserve ratio
BTC 254%
Platform's assets 36,077.84 BTC
Users' assets 14,189.34 BTC
BTC36,077.84 BTC
14,189.34 BTC
254%
Sufficient reserves
USDT 100%
Platform's assets 1,687,274,074.43 USDT
Users' assets 1,682,952,106.86 USDT
USDT1,687,274,074.43 USDT
1,682,952,106.86 USDT
100%
Sufficient reserves
161%
Platform's assets 289,723.72 ETH
Users' assets 179,941.2 ETH
289,723.72 ETH
179,941.2 ETH
161%
Sufficient reserves
USDC 113%
Platform's assets 151,840,541.46 USDC
Users' assets 133,804,759.8 USDC
USDC151,840,541.46 USDC
133,804,759.8 USDC
113%
Sufficient reserves
Why is a 100% reserve ratio important?
Inability to maintain 100% reserves
Indicates potential asset misappropriation.
Limited risk tolerance for black swan events.
Large-scale withdrawals can trigger a bank run, potentially resulting in the loss of user assets.
vs
Maintaining 100% reserves
Demonstrates that the platform holds sufficient reserves at all times.
Enhances the security of users' assets.
Ensures the platform can cover all withdrawals, even in a 100% withdrawal scenario.
ApiCoin reserve details
Block height
Binance Smart Chain: 76456231BITCOIN: 933140Lightning Network: 176895008Merlin Chain: 0Arbitrum One: 423494257AVAX C-Chain: 76190738Binance Smart Chain: 76456912BTTC: 62889334Ethereum: 24279141Morph: 20115343Optimism: 146675688Plasma: 12019744Polygon: 81915242Solana: 394848256The Open Network: 56374806Tron: 79428744Alienxchain: 2272154Arbitrum Nova: 84548753BASE: 41080736Binance Smart Chain: 76457762Blast: 30070502Eclipse: 12978911Ethereum: 24279198Fuel: 43747247LINEA: 28112854Manta Network: 7472632Metal DAO L2: 28693622Mind Network: 52732099Mint Chain: 26670925Mode: 34391517Morph: 20115437Optimism: 146675999SCROLL: 28492226Starknet: 5834412Swell Network: 18127064Taiko: 4105441World Chain: 24807561Zircuit: 24507280zkLink Nova: 8190739zkSync Era: 67960171APTOS: 581612811Arbitrum One: 423497289AVAX C-Chain: 76191104BASE: 41080774Binance Smart Chain: 76458030DYDX: 72500822Ethereum: 24279207Monad: 50038836Morph: 20115476Noble: 43371688Optimism: 146676028Polygon: 81915444SEIEVM: 190225173Solana: 394850150ZKFair: 29745028
Coin name
Users' assets
Platform's assets
Public chain
Reserve ratio
BTC14,189.33821253 BTC
34,949.45520454 BTC1,108.94877495 BTC0.04654054 BTC19.38265086 BTC0.0093459 BTC
BITCOINBinance Smart ChainBitlayerLightning NetworkMerlin Chain
254%
USDT1,682,952,106.864136 USDT
36,829,897.769499 USDT27,571,203.611726 USDT36,371,025.963009 USDT36.643412 USDT686,921,088.3189169 USDT412,366,656.926558 USDT1,149,849.491468 USDT13,889,372.980727 USDT5,923,930.776926 USDT45,682,182.014239 USDT52,397,317.3811 USDT23,710,096.75727 USDT344,461,415.79773 USDT
APTOSAVAX CArbitrum OneBTTCBinance Smart ChainEthereumMorphOptimismPlasmaPolygonSolanaThe Open NetworkTron
100%
179,941.19811455 ETH
9.91419354 ETH1.0269348 ETH9,350.48401246 ETH5,517.98817812 ETH12,167.12415968 ETH140.85766716 ETH8.90939802 ETH259,829.67693867 ETH78.73084815 ETH102.86835573 ETH14.29092986 ETH10.03401821 ETH10.11199869 ETH10.2381212 ETH5.55085204 ETH863.77881162 ETH279.1495099 ETH238.47822096 ETH507.80989871 ETH9.99865254 ETH396.26845298 ETH5.24359677 ETH12.74958309 ETH12.05742691 ETH140.37444015 ETH
AlienxchainArbitrum NovaArbitrum OneBASEBinance Smart ChainBlastEclipseEthereumFuelLINEAManta NetWorkMetal DAO L2Mind NetworkMint ChainModeMorphOptimismSCROLLStarknetSwell NetworkTaikoWorld ChainZircuitzkLink NovazkSync Era
161%
USDC133,804,759.79914 USDC
2,379,521.053832 USDC3,131,298.169167 USDC29,428,929.492445 USDC18,253,047.079954 USDC1,288,984.83347851 USDC99,319.548002 USDC39,881,084.269096 USDC1,072,030.859568 USDC963,479.222148 USDC1,638,044.077084 USDC5,216,322.394674 USDC10,333,355.7087 USDC2,583,385.479314 USDC4,183,278.482839 USDC31,387,824.595222 USDC636.19941012 USDC
APTOSAVAX CArbitrum OneBASEBinance Smart ChainDYDXEthereumMonadMorphNobleOptimismPolygonSEIEVMSONICSolanaZKFair
113%
BTC 254%Users' assets 14,189.33821253 BTC
Platform's assets
34,949.45520454 BTC1,108.94877495 BTC0.04654054 BTC +2 more
Public chain
BITCOINBinance Smart ChainBitlayerLightning NetworkMerlin Chain
USDT 100%Users' assets 1,682,952,106.864136 USDT
Platform's assets
36,829,897.769499 USDT27,571,203.611726 USDT36,371,025.963009 USDT +10 more
Public chain
APTOSAVAX CArbitrum OneBTTCBinance Smart Chain +8
Users' assets 179,941.19811455 ETH
Platform's assets
9.91419354 ETH1.0269348 ETH9,350.48401246 ETH +22 more
Public chain
AlienxchainArbitrum NovaArbitrum OneBASEBinance Smart Chain +20
USDC 113%Users' assets 133,804,759.79914 USDC
Platform's assets
2,379,521.053832 USDC3,131,298.169167 USDC29,428,929.492445 USDC +13 more
Public chain
APTOSAVAX CArbitrum OneBASEBinance Smart Chain +11
Merkle tree basics
A Merkle Tree is primarily used to verify data integrity more efficiently. Each account is represented by an account node at the bottom, and the balances and account names of each account are hashed once using SHA256. The obtained hash value is then combined with the adjacent one and hashed again, layer by layer upwards, until the hash calculation reaches the root of the Merkle Tree.