Proof of Reserves Audit

Hacken's Proof of Reserves Audit service provides cryptographic verification of user deposits that earns regulatory trust. With over $430 billion in assets verified across PoR audits, Hacken helps centralized exchanges and custodians achieve asset transparency through verified on-chain collateralization.

Verification Process

The audit independently verifies that a platform holds sufficient assets to cover user liabilities. Hacken auditors examine wallet holdings, reconcile balances against user liabilities, and produce cryptographic proofs that can be independently verified.

Methodology

The assessment combines on-chain analysis with traditional audit procedures to verify asset holdings. Hacken's methodology meets regulatory expectations and provides evidence suitable for compliance with emerging crypto asset regulations.

Deliverables

Clients receive Proof of Reserves attestation reports that can be shared publicly to demonstrate solvency and build user trust. Reports include methodology documentation and verification procedures.

Target Clients

This service is designed for centralized cryptocurrency exchanges, custodians, stablecoin issuers, and any platform holding user assets that needs to demonstrate solvency and build trust with users and regulators. Notable clients include OKX, Bybit, Crypto.com, and Gate.io.