Phemex publishes June Proof of Reserves snapshot showing 100%+ asset backing

Phemex publishes June Proof of Reserves snapshot showing 100%+ asset backing
Phemex publishes June reserve snapshot

Phemex has published its June Proof of Reserves, showing that core assets such as BTC, ETH, USDT, and SOL are reportedly fully backed and over-collateralized, with reserve ratios above 100% as of the latest available snapshot. Users can access real-time reserve data, asset coverage, and verification tools on a dedicated page.

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Phemex has published its June Proof of Reserves (PoR) snapshot, providing reserve ratios for major supported crypto assets, including BTC, ETH, USDT, and SOL. The disclosure shows these assets are reportedly over-collateralized, with reserve ratios above 100% as of the latest snapshot dated May 1, 2026.

The PoR page includes monthly reserve data for additional assets such as AVAX, TRX, XRP, and SUI, along with verification tools that allow users to check wallet addresses, review inclusion in a Merkle tree, and view reserve percentages. The published snapshot data is not real-time and may differ from current holdings.

Phemex is a cryptocurrency exchange offering spot and contract trading with a wide selection of digital assets, including Bitcoin, Ethereum, and other major cryptocurrencies. The platform features low trading fees, leverage up to 100x for contracts, a demo account, and educational resources with potential crypto rewards. For more details on its features and trading conditions, see the full review on Traders Union.

For more background, our earlier news about Phemex covered the launch of TradFi Contracts in the Stocks Zone, allowing users to trade futures on major stocks and ETFs. For full details, see the previous Phemex update on Traders Union.

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