Bitget Hits 122% Reserve Ratio in August PoR Report
Bitget has reported its August 2026 Proof of Reserves (PoR) disclosure, marking its 45th consecutive monthly report. The exchange revealed a total reserve ratio of 122%, indicating that on-chain assets exceeded corresponding user balances.
The reserve ratio is calculated based on the snapshot of reserves at a specific point in time and should not be confused with an ongoing measure of solvency or an independent financial audit. Bitget's use of a Merkle-tree system and publicly listed wallet addresses allows users to independently verify reserve snapshots, providing transparency and accountability.
The exchange also publishes a monthly report on its Protection Fund, which had an average valuation of approximately $351 million in July 2026. The fund is backed by 5,500 BTC held separately from customer trading deposits and has remained above its original $300 million commitment since 2022.