TL;DR
- Reserve Ratio: Bitget reported a 122% August reserve ratio, extending its PoR streak to 45 months.
- Protection Fund: The exchange’s 5,500 BTC Protection Fund averaged $382 million, staying above its initial $300 million commitment.
- Verification Tools: Bitget expanded PoR coverage to more than 20 assets, offering Merkle‑tree verification and open‑source tools for user checks.
Bitget released its August 2026 Proof of Reserves update, reporting a total reserve ratio of 122% and extending its disclosure streak to 45 consecutive months. The latest snapshot reflects the platform’s continued effort to provide users with point‑in‑time visibility into how tracked assets compare with customer balances.
August Snapshot Shows 122% Reserves and Steady Protection Fund
The 122% figure indicates that Bitget held more assets than the balances included in its August snapshot. The exchange stresses that PoR data represents reserves at a specific moment and should not be interpreted as a full financial audit or a guarantee of future solvency. Alongside the PoR release, Bitget published its monthly Protection Fund valuation, which averaged $382 million during August. The fund ranged from roughly $345.3 million at the start of the month to $441.5 million on August 27, reflecting changes in Bitcoin’s price because the reserve consists of 5,500 BTC. Created in 2022 with an initial $300 million commitment, the fund remained above that threshold throughout the period.
Merkle‑tree Verification and Expanded Asset Coverage
Bitget uses a Merkle‑tree system to incorporate user balances into a cryptographic structure, allowing customers to verify whether their assets were included in a given snapshot. The exchange offers open‑source MerkleValidator and PoR tools, and publicly disclosed wallet information can be reviewed through blockchain explorers. This setup gives users a way to compare their account data against recurring disclosures. Over time, Bitget has expanded the number of supported assets on its PoR page. What once covered four cryptocurrencies now includes more than 20, ranging from BTC and ETH to USDT, USDC, BGB, XRP, SOL, DOGE and BNB.
Broader Platform Model and Ongoing Disclosure Streak
Bitget says it serves more than 125 million users through a multi‑asset trading model that includes tokenized stocks, ETFs, commodities, foreign exchange and precious metals. Its August PoR release marks the 45th straight month of disclosures, with the latest snapshot showing a 122% reserve ratio and a Protection Fund averaging $382 million. The expanded asset coverage gives customers a wider view of holdings included in PoR checks, while remaining a point‑in‑time disclosure rather than a substitute for a full audit.
