CoinDCX Transparency Report: December 2024 Overview

At CoinDCX, transparency and accountability form the cornerstone of our commitment to building a trustworthy crypto ecosystem. The December 2024 Transparency Report underscores our dedication to safeguarding user funds, delivering innovative solutions, and ensuring the utmost security. Here’s a detailed look at our latest updates, market highlights, and key performance metrics.

Key Transparency Metrics

1. Proof of Reserve (PoR)
Our reserves continue to ensure unparalleled fund safety, standing 2.74% higher than customer holdings. This robust margin underscores our commitment to safeguarding user assets.

• Blockchain Reserves: $721.04M
• All Holdings: $468.67M
• Partner Funds: $252.36M
  Source: CoinGabbar

2. Crypto Investor Protection Fund (CIPF)
The CIPF reserve has reached an impressive ₹57.5 Cr, reflecting a 15% growth since inception. This fund provides a critical safety net, ensuring preparedness for any unforeseen circumstances.

What’s New at CoinDCX?

1. Key Feature Updates
   100X Leverage on Futures: Amplify your trading potential with this powerful new feature, now available across all crypto futures pairs.
2. Trading Highlights: Monthly Trading Volume on CoinDCX
   Spot trading momentum remained strong in December 2024, with a total monthly spot volume of $995M.
   
3. Top 5 Traded Tokens in December
   
   • XRP: $54.7M
   • BTC: $37.5M
   • DOGE: $33.5M
   • SHIB: $31.4M
   • ETH: $27.9M

*All numbers as of December 31, 2024. Sourced from CoinDCX.com

Reaffirming Our Commitment

The December 2024 Transparency Report exemplifies CoinDCX’s unwavering focus on trust, innovation, and resilience. With a clear emphasis on user safety, cutting-edge trading solutions, and thriving market activity, CoinDCX continues to lead the way in shaping a transparent and secure crypto trading environment.

Stay tuned for more updates as we work to empower our users and foster growth in the evolving crypto landscape.