Bybit releases 40th proof-of-reserves report as covered assets reach $19.6 billion

Bybit has published its 40th proof-of-reserves report. The headline figure: the mainstream assets it covers now total $19.6 billion. That is up from $18.1 billion in the previous report in late August. In an industry where exchange solvency is a recurring worry, a monthly receipt like this gets read closely. What the September snapshot shows The report is built on a snapshot taken at 03:00 UTC on September 23, 2026. It was released around September 30, 2026. The jump in total value comes largely from expanded coverage. Bybit added 10 new tokens to the report, bringing the in-scope list to 50. Every one of those 50 tokens holds a reserve ratio at or above 100%, according to the report. Third-party auditor Hacken verified the figures. Bitcoin: User assets stood at approximately 56,131 BTC. Reserves came in at 58,722 BTC, for a reserve ratio of 104%, unchanged from the prior report. Ethereum: Users held 551,869 ETH on the platform. Bybit reported reserves of 570,018 ETH against that figure. The ETH reserve ratio edged up to 103% from 102%. Tether: USDT liabilities dropped to approximately $3.59 billion, backed by roughly $3.96 billion in reserves. That works out to a 110% reserve rati...