CoinMeta Data: The Bitget exchange released its proof of reserve ( PoR ) report for August 2026, which recorded a total reserve ratio of 122%. The report indicates that the protection fund for Bitget had an average valuation of approximately $351 million in July and remained above the committed amount of $3 million per month as stated in the reports. The PoR verification system used by Bitget employs a Merkle tree structure, allowing users to check whether their personal balances are included in specific reserve snapshots. The exchange also provided wallet addresses, enabling independent verification of relevant blockchain balances through blockchain browsers.