Bitget just dropped their latest PoR: 131% reserve ratio across 19 assets.
Their Sept 24 hack? Didn't touch reserves. User funds still above 100% backed.
Most CEXs are playing games with transparency. Bitget at least showing receipts.
Still, PoR ≠ safe. Reserve ratio means nothing if they're overleveraged or cooking books elsewhere. But 131% is solid if real.
CEX risk is CEX risk. If you're parking serious bags anywhere, spread it or move to cold storage.
Their Sept 24 hack? Didn't touch reserves. User funds still above 100% backed.
Most CEXs are playing games with transparency. Bitget at least showing receipts.
Still, PoR ≠ safe. Reserve ratio means nothing if they're overleveraged or cooking books elsewhere. But 131% is solid if real.
CEX risk is CEX risk. If you're parking serious bags anywhere, spread it or move to cold storage.
