KuCoin Completes Independent Hacken Audit of Proof of Reserves

• The audit covers a broad variety of assets across several blockchain networks using stringent Proof of Reserves (PoR) audit processes.
• The audit confirmed that all user obligations for assets within its purview are completely supported without exception and certified KuCoin’s reserves.

Leading global cryptocurrency exchange KuCoin is thrilled to announce that its most recent Proof of Reserves (PoR) audit, which was carried out by well-known blockchain security company Hacken, was completed successfully.

The audit covers a broad variety of assets across several blockchain networks using stringent Proof of Reserves (PoR) audit processes, such as Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a thorough Proof of Reserves Assessment. This procedure demonstrates KuCoin’s dedication to complete openness and user confidence.

KuCoin was able to show throughout the thorough assessment that its holdings not only completely cover but also surpass all user liabilities across all in-scope assets, keeping a strong reserve ratio higher than 1:1. KuCoin has published a PoR report confirming full collateralization for the 32nd consecutive month, which is a testament to the platform’s longstanding commitment to transparency and user protection. These assurances are supported by the compelling findings presented in the audit results.

The audit confirmed that all user obligations for assets within its purview are completely supported without exception and certified KuCoin’s reserves across a wide variety of cryptocurrencies. As of June 30, 2025, the most recent information on KuCoin’s Proof of Reserves page indicates that the platform has the following reserve ratios for its major assets:

• BTC: 110%
• ETH: 110%
• USDT: 114%
• USDC: 112%

These numbers demonstrate KuCoin’s careful approach to risk management and dedication to upholding the strictest financial security guidelines.

Assets from over 30 blockchain networks, including Ethereum, Solana, TON, and zkSync, were included in the audit. Hacken confirmed KuCoin’s ownership and control of every wallet on the list using industry-standard techniques including “send-to-self” transactions, bespoke digital signatures, and anonymized liability snapshots; no inconsistencies or deficiencies were found.

BC Wong, CEO of KuCoin stated:

“At KuCoin, we believe transparency is the foundation of trust in the crypto ecosystem. This audit not only validates our dedication to safeguarding user assets but also reflects our broader vision of building a secure and inclusive platform for all. We will continue to prioritize transparency and security as we work toward empowering our users and advancing global digital asset adoption. Asset audits represent a vital starting point for industry self-regulation — a necessary step toward building user confidence and supporting the long-term, sustainable development of the crypto space.”

With its $2 billion Trust Project, a drive to strengthen security and transparency across the network, KuCoin is committed to enhancing user confidence going forward. KuCoin will maintain transparency as part of this endeavor. To provide a smooth and safe experience, this involves constant investments in state-of-the-art security infrastructure.

Additionally, KuCoin encourages users to actively engage by using the user-friendly tools on the Proof of Reserves page. KuCoin keeps pushing the limits of accountability and trust by enabling users to directly verify on-chain data.