Binance Shows Overcollateralized Reserves in Latest Report

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Rommie Analytics

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The report, dated September 1, highlights that the exchange continues to hold more assets than it owes its users across major cryptocurrencies.

Collateral Strength

According to the data, Bitcoin holdings are backed at 103.5%, while reserves for Tether’s USDT stand at 103.14%. BNB shows the highest margin at 112.5%, and Ethereum sits at a full 100%. This means that for each user asset held, Binance has at least an equal or greater amount in reserve.

Shifting User Balances

The snapshot also revealed how customer balances have moved since the previous report. User Bitcoin holdings rose nearly 3% to more than 608,000 BTC, while USDT balances grew 4.6% to 31.25 billion. BNB holdings fell slightly, down 1.2% to 39.3 million tokens, and Ethereum balances dropped by almost 5% to 4.34 million.

Beyond the Big Four

The exchange tracks a wide range of assets in its proof-of-reserve system. Alongside BTC, ETH, BNB, and USDT, the latest report includes reserves for Solana, Sui, Hedera, Pepecoin, TRUMP, Ethena, and other tokens. Binance says publishing these snapshots regularly is central to its commitment to transparency, especially after industry trust was shaken by the collapse of FTX.

For Binance, keeping reserves overcollateralized remains one of the clearest signals it can send to assure customers that funds remain safe and verifiable on-chain.


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