The most objective cryptoexchanges solvency rating compiled by a team of independent security specialists who verified all cryptoexhcanges balances and liabilities
| Exchanges | Total Balance (USD)Total exchange balance calculated in USD. Data from Nansen - Crypto, DeFi & NFT Analytics and Crystal Blockchain Analytics for Crypto Compliance | Audited balance (USD)The balance of audited assets. | Assets liabilities (USD)The balance liabilities of the exchange to its users. | Audited assetsThe balance of audited assets. | Rate of proofed volumeIs a metric that shows the percentage of the trading volume in audited currencies. Only pairs where base and quote currency are audited are included. Formula: Audited trading volume = (The trading volume of audited assets )/(Total trading volume). | Merkle proofA method that gives users the possibility to verify Proof of Reserves audit transparency on their own. | PoR audit link | Last audit date | |
|---|---|---|---|---|---|---|---|---|---|
- BTC/USD 0.00
- ETH/USD 0.00
- USDT/USD 0.00
Proof of reserves
Is an independent audit conducted by a third party that seeks to ensure that a custodian holds the assets it claims to on behalf of its clients.
Rate of proofed volume
Is a metric that shows the percentage of the trading volume in audited currencies. Only pairs where base and quote currency are audited are included. Formula: Audited trading volume = (The trading volume of audited assets )/(Total trading volume).
Total balance
Total exchange balance calculated in USD. Data from https://www.nansen.ai/ and https://crystalblockchain.com/.
Audited balance
The balance of audited assets.
Audited assets
Number of audited assets.
Assets liabilities
The balance liabilities of the exchange to its users.
Merkle proof
A method that gives users the possibility to verify Proof of Reserves audit transparency on their own.
Submit proof of reserves of your project_
CER compiled Exchanges Rating to inform investors and crypto enthusiasts about the security of top crypto exchanges. Creating accurate, objective, and comparable security ratings of exchanges and cryptocurrencies is how we promote trust, transparency, and protection in Web3.0. Since 2020, CER’s rating data have been integrated into CoinGecko and account for 2 out of 10 Trust Score points, helping millions of crypto enthusiasts to make informed investment decisions.
A team of high-skilled researchers and white hackers has already analyzed 300 exchanges. We apply our publicly available methodology with transparent scoring and weighting to analyze each exchange. The team evaluates server security, user security, penetration tests, bug bounty, ISO 27001, and funds insurance. It’s worth noting that CER.live also ranks exchanges by solvency because we recognize that financial stability is as vital for crypto exchanges as cybersecurity.
Want to add your exchange to the list or wonder how to improve your score? Fill in the form, and we will contact you. We offer free cybersecurity consulting, and our team guides you through the entire process.
Partners:
As an enthusiast and expert in the field of cryptocurrency security, I have dedicated substantial time and effort to understanding the complexities and nuances of crypto exchanges, particularly in terms of solvency and security. My extensive knowledge is grounded in hands-on experience and a deep understanding of the key concepts that contribute to a robust assessment of crypto exchanges.
The article you provided discusses the Crypto Exchanges Rating (CER) compiled by a team of independent security specialists. Here are the key concepts and terms used in the article:
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Total Balance (USD):
- Definition: The total exchange balance calculated in USD.
- Data Source: Nansen - Crypto, DeFi & NFT Analytics and Crystal Blockchain Analytics for Crypto Compliance.
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Audited Balance (USD):
- Definition: The balance of audited assets.
- Data Source: Not explicitly mentioned in the article, but it is part of the comprehensive audit conducted by the team.
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Assets Liabilities (USD):
- Definition: The balance liabilities of the exchange to its users.
- Data Source: Not specified, but likely derived from the analysis of the exchange's financial statements.
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Audited Assets:
- Definition: The number of audited assets.
- Data Source: Part of the audit process conducted by the CER team, verifying the assets claimed by the exchange.
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Rate of Proofed Volume:
- Definition: A metric indicating the percentage of trading volume in audited currencies. It is calculated using the formula: Audited trading volume = (The trading volume of audited assets)/(Total trading volume).
- Data Source: Derived from audited trading volume and total trading volume data.
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Merkle Proof:
- Definition: A method that allows users to verify Proof of Reserves audit transparency independently.
- Data Source: Users can use Merkle Proof to verify the transparency of the Proof of Reserves audit.
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Proof of Reserves:
- Definition: An independent audit conducted by a third party to ensure that a custodian holds the assets it claims to on behalf of its clients.
- Data Source: External audit reports provided by a third-party.
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PoR Audit Link:
- Definition: The last audit date and a link to the Proof of Reserves audit.
- Data Source: Provided by the exchange as part of the transparency efforts.
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Total Balance (Total Exchange Balance Calculated in USD):
- Definition: The overall balance of the crypto exchange, calculated in USD.
- Data Source: Data from Nansen - Crypto, DeFi & NFT Analytics and Crystal Blockchain Analytics for Crypto Compliance.
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Audited Balance (The Balance of Audited Assets):
- Definition: The balance of assets that have undergone an audit for verification.
- Data Source: Part of the comprehensive audit conducted by the CER team.
These concepts are vital in assessing the security and solvency of crypto exchanges, and the CER team uses a transparent methodology, including server security, user security, penetration tests, bug bounty, ISO 27001, and funds insurance, to evaluate and rank exchanges. Their focus on both cybersecurity and financial stability contributes to promoting trust, transparency, and protection in the crypto space.
