Bitget Reserve Ratio Hits 131% Across 19 Major Assets, User Protection Fund at $316M

Proof-of-reserves disclosures have become a competitive signal among exchanges, and a ratio above 100% across a broad asset set is the kind of figure rivals are now expected to match or explain. The revenue-sharing program is the more unusual element: it blurs the line between exchange and counterparty, effectively tying a segment of client payouts to platform performance. Whether that model spreads, and whether reserve disclosures get standardized enough to compare across venues, is the open question worth tracking.