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?
- Key Feature Updates
100X Leverage on Futures: Amplify your trading potential with this powerful new feature, now available across all crypto futures pairs. - Trading Highlights: Monthly Trading Volume on CoinDCX
Spot trading momentum remained strong in December 2024, with a total monthly spot volume of $995M.
- 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.
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