Proof of Reserves
JU.com maintains reserve funds for all user assets on the platform at a 1:1 ratio, and regularly publishes reserve fund reports to bring greater transparency to the platform's assets.
Platform Reserve Overview
Why Publish Proof of Reserves?
Full Reserve Coverage:
JU.com maintains sufficient reserves to back all customer assets, ensuring complete coverage for every transaction.
Guaranteed Withdrawals:
Even during periods of high withdrawal volume, the platform can process 100% of withdrawal requests in real-time without delays.
Maximum Security:
User assets are protected through industry-leading security measures, with comprehensive safeguards for every dollar held on the platform.
What are 100% reserves?
The Challenge:
When the total verified amount exceeds 100%, it proves the platform holds sufficient reserves to cover all user assets, demonstrating complete solvency and reserve backing.
JU.com's Solution:
Ju.com uses the Merkle tree method, which stores a cryptographic hash of each user's account assets at the leaf nodes of the tree. Any individual can use an independent third-party verification service to calculate the total assets stored in the Merkle tree and verify that their own assets are properly included.
Proof of Solvency:
On centralized trading platforms, each user's assets are recorded in the platform's database. However, proving that the platform actually holds all user assets in custody presents a verification challenge.
What are 100% reserves?
Monthly Audits:
Every month, we conduct comprehensive audits of all platform wallet balances and publish detailed results, providing full visibility into asset holdings.
User Asset Verification:
We verify all user assets monthly and publish results after proper data processing to ensure both transparency and privacy protection.
Easy Access:
Users can easily access data verification and authentication tools to confirm their assets are properly held and accounted for.
