APIA, Samoa, July 02, 2026 (GLOBE NEWSWIRE) — Phemex, a user-first crypto exchange, has released its July 2026 Proof of Reserves update, confirming that user liabilities remained fully backed across all covered currencies. The report recorded a 127.77% average reserve ratio across BTC, ETH, USDT and SOL, with each currency remaining above the 100% threshold.
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