OKX placed second with roughly $31.29 billion in reserves, followed by Bybit at $14.17 billion. The next tier of exchanges included Gate ($7.86 billion), HTX ($6.92 billion), Bitget ($5.33 billion), MEXC ($2.97 billion), and Kucoin ($2.16 billion). Together, the figures reveal a clearly tiered market structure, with Binance operating at a scale that eclipses all competitors combined.
The data is based on the latest official Proof of Reserves disclosures, with valuations calculated using prices as of Feb. 3, 2026.
FAQ Which crypto exchange holds the most reserves? Binance leads by a wide margin with about $155.6 billion in total reserves, far ahead of all competitors. What assets make up Binance’s reserves? Binance’s holdings are mainly bitcoin, stablecoins, and BNB, giving it deep liquidity and fast withdrawal capacity. How do other major exchanges compare? OKX ranks second at roughly $31.3 billion, with Bybit, Gate, and HTX trailing in a clearly tiered market. Why do Proof of Reserves rankings matter? They show an exchange’s ability to meet withdrawals, manage risk, and maintain trust during market stress.
