KuCoin Tops PoR Transparency Rankings with 96.7 Score
CryptoQuant's Annual Exchange Leader Report 2025 has named KuCoin as the top exchange in proof-of-reserves (PoR) transparency, earning a score of 96.7 (A+).
The report evaluates centralized exchanges across structural transparency, trading performance, reserves, and PoR standards.
KuCoin's strong showing is due to its public wallet disclosure, monthly Merkle-tree, based Proof-of-Reserves reports verified by Hacken, user-side balance verification mechanisms, and independent third-party attestations.
The exchange has maintained more than 39 consecutive monthly reports with reserve ratios consistently exceeding 100%.
KuCoin's commitment to transparency is part of its broader $2B Trust Project, which aims to strengthen security systems, enhance compliance frameworks, advance risk controls, and reinforce user asset protection standards across global markets.
BC Wong, CEO of KuCoin, emphasized the importance of structural safeguards in building trust in digital asset markets: 'Transparency and compliance are foundational to long-term trust in digital asset markets. Structural safeguards, including verifiable reserves, consistent reporting cadence, and third-party validation, are not optional; they are essential.'