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Phemex Publishes April 2026 Proof of Reserves, Reporting 131% Total Reserve Ratio - BlockTelegraph

Summary by Block Telegraph
APIA, Samoa, April 2, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. The latest report confirms that all user balances are fully backed, with a total reserve ratio of 131% across major assets. According to the April 2026 Proof of Reserves, Phemex maintains overcollateralized reserves acros…

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Block Telegraph broke the news in on Thursday, April 2, 2026.
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