HTX May 2026 Merkle Tree PoR Tops 100% for Major Assets

HTX published its May 2026 Merkle Tree Proof of Reserves (Merkle Tree Proof of Reserves). As of May 1, 2026 (UTC+8), HTX reported reserve ratios above 100% across major holdings, supporting capital liquidity and ongoing solvency transparency. A key update is the expanded “USDs” aggregation: HTX continues to display USDT and USDC, and now includes USDS to make the USD-denominated asset structure easier for users to verify. The latest disclosed reserve ratios are: BTC 101%, ETH 105%, TRX 108%, USDs 106%, HTX 101%, XRP 103%, DOGE 100%, SOL 101%, and WLFI 103%. HTX also added about 664,000 USDS to the user-asset disclosure. For traders, repeated, month-by-month Merkle Tree Proof of Reserves reporting can improve sentiment by reducing perceived counterparty risk. This may influence short-term flows around HTX-related assets, though it is unlikely to be a direct fundamental driver by itself. Keywords used: Merkle Tree Proof of Reserves, HTX PoR, exchange solvency, stablecoins, USDs aggregation.
Neutral
The news is primarily about exchange transparency via Merkle Tree Proof of Reserves with reported reserve ratios above 100% for major assets, which tends to reduce counterparty risk. The later article adds an expanded “USDs” aggregation (including USDS) and a specific incremental disclosure (~664,000 USDS), which can further improve user verification and sentiment. However, reserve proofs typically do not change network fundamentals or demand drivers for the assets themselves, so direct price impact is usually limited. Net effect: neutral to sentiment-supportive rather than a clear catalyst for sustained upside or downside.