Proof-of-Reserves refers to the on-chain reserves as officially disclosed by exchanges. This metric denotes the total balance on self-reported exchange addresses. Note that we only incorporate Bitcoin and Ethereum, and Solana addresses, other blockchains/L1s are not included. The proof-of-reserve data differs from our exchange balance metrics as they stricly monitor the balance on officially communicated exchange addresses, which are only a subset of all addresses included in our more comprehensive exchange metrics. For more information please see our article on proof-of-reserve metrics.

This is the Point-in-Time (PiT) variant of Proof of Reserves. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.