Phemex August Proof of Reserves Report Confirms Full Asset Backing with 138.39% Average Reserve Ratio

Phemex released its August 2026 Proof of Reserves (PoR) report showing reserves remained above reported customer balances across all eight assets in the latest snapshot. The update is intended to reinforce exchange solvency transparency, which can modestly support investor confidence, though it is not a broad market-moving catalyst.

Analysis

Phemex released its August 2026 Proof of Reserves (PoR) report showing reserves remained above reported customer balances across all eight assets in the latest snapshot. The update is intended to reinforce exchange solvency transparency, which can modestly support investor confidence, though it is not a broad market-moving catalyst.