HTX’s proof of reserves doesn’t match its blockchain balances
HTX claimed in its September PoR that it held 360,949.90 USDS at a block height of 25876316. However, the address actually contained 0 USDS.
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API belgelerini okuyunHTX is the governance token of HTX DAO, a decentralized autonomous organization built around the HTX cryptocurrency exchange. It is designed for the collective of token holders, giving them the right to vote on proposals and to delegate their voting rights to others in the decision-making process. In short, it is a tool for participating in the governance of the DAO rather than a medium of exchange or store of value in the traditional sense.
HTX tokens exist across multiple networks, including Ethereum, BNB Chain, and the Tron ecosystem, which means holders can interact with the governance system from several different blockchain environments. Within the DAO, a holder's token balance determines their share of voting power, and that power can be freely delegated to another address. No consensus algorithm or block time is recorded for HTX itself, as it is a token layered on top of existing blockchains rather than a standalone chain.
The data stored for HTX does not include a fee stream — no protocol fees collected, no fee recipients, and no revenue figures are recorded. This means fee-based measures that this site calculates for other assets, such as fee yield or fee-to-market-cap ratios, are not applicable here. The token's circulating supply stands at approximately 898,232,728,634,017 units as of the point-in-time measurement, representing 89.82 percent of the maximum supply of 999,990,000,000,000, and because the fully diluted valuation equals the market capitalization, no additional supply is scheduled to enter circulation.
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HTX claimed in its September PoR that it held 360,949.90 USDS at a block height of 25876316. However, the address actually contained 0 USDS.
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