KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month

Global crypto exchange KuCoin has completed a new independent audit, which was conducted by the leading blockchain security firm Hacken.

With this latest milestone, the platform has now achieved an impressive 32 consecutive months of publishing these PoR reports. The move reinforces KuCoin’s long-standing commitment to financial transparency and building user trust.

In the latest audit, demonstrated that it holds more than enough crypto assets to cover all user liabilities across supported tokens. The reserve ratios for key cryptocurrencies as of June 30, 2025, are:

Specifically, for every 1 BTC users have deposited, KuCoin holds 1.1 BTC in its reserves. The report shows KuCoin received 9,392 BTC from users but maintains a balance of 10,312 BTC. Similarly, for Ethereum, customers deposited 137,240 ETH, but the exchange holds 150,539 ETH.

These figures confirm that KuCoin is maintaining significant over-collateralization of its user deposits. This practice serves as a key safeguard in an industry that has often been criticized for opaque accounting practices.

The audit conducted by Hacken spanned more than 30 blockchain networks, including major chains like Ethereum, Solana, TON, and zkSync. It also included comprehensive verification techniques such as:

Hacken verified KuCoin’s full control over all listed wallets and reported no discrepancies or shortfalls. The confirmation further validates the platform’s asset claims and operational integrity.

The audit is part of KuCoin’s broader $2 billion Trust Project, a long-term initiative focused on enhancing security, transparency, and self-verifiability. KuCoin users can now verify the exchange’s reserves directly on-chain through tools available on the platform’s .

BC Wong, CEO of KuCoin, emphasized the company’s commitment to trust-building, saying the audit not only validates the company’s dedication to safeguarding user assets but also reflects its broader vision of building a secure and inclusive platform for all.

Founded in 2017, KuCoin serves over 41 million users worldwide, offering a comprehensive ecosystem that includes wallets, trading, wealth management, payments, and AI-powered tools.

The company has received accolades from Forbes and Hurun, reinforcing its reputation as one of the industry’s most user-focused platforms. KuCoin continues to set the benchmark through independent auditing, on-chain verification, and proactive security investments.