According to @GracyBitget, Bitget has been publishing monthly Proof of Reserves and Transparency Reports since December 2022, reinforcing ongoing solvency disclosures for users and traders (source: X post by @GracyBitget). The latest December 2025 Proof of Reserves update reports a total reserve ratio above 136 percent and includes Merkle Tree data so users can verify their assets on-chain (source: X post by Nacho AF of Bitget; source: Bitget Proof of Reserves page). For traders, regularly published PoR with user-verifiable Merkle proofs provides a real time solvency check that informs counterparty exposure and venue selection during periods of volatility (source: Bitget announcements on X).

According to @justinsuntron, HTX (Huobi) funds its high-yield Earn products 100% via group subsidies to compete for users, rather than from lending or staking revenues (source: @justinsuntron on X, Sep 4, 2025). He stated the exchange is in an early growth phase and is encouraging users to deposit without limits to build balances on the platform (source: @justinsuntron on X, Sep 4, 2025). He added that a Merkle tree proof-of-reserves system has been running for almost 34 months to address transparency concerns (source: @justinsuntron on X, Sep 4, 2025). He also claimed the group earns several billions of USD per year and can afford the subsidy program (source: @justinsuntron on X, Sep 4, 2025). For traders, these declarations identify subsidized yields, a deposit-unlimited policy, and stated reserve transparency relevant to assessing HTX Earn offerings and platform conditions (source: @justinsuntron on X, Sep 4, 2025).