Proof of Reserves

NYXANCE is committed to full transparency. Our Proof of Reserves system is being developed with third-party auditors.

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1:1 Reserve Policy
NYXANCE maintains 1:1 backing for all user assets. Every dollar deposited is held in full as a reserve.
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Third-Party Audit
Independent audit by a certified third-party firm is scheduled for Q2 2026. Results will be published publicly.
Coming Q2 2026
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On-Chain Verification
Merkle tree-based proof of reserves allowing any user to independently verify their balance is included in the reserve snapshot.
Coming Soon

What is Proof of Reserves?

Proof of Reserves (PoR) is a cryptographic verification method that allows users to independently verify that NYXANCE holds sufficient assets to cover all user balances.

Our PoR system uses Merkle tree technology to create a tamper-proof snapshot of all user balances, which is then verified against on-chain wallet holdings by independent auditors.

How Verification Works

Merkle Tree Verification

Each user balance is included as a leaf in a Merkle tree. You can verify your inclusion without revealing other users' data.

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1. Snapshot
A cryptographic snapshot of all user balances is taken at a specific block height.
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2. Merkle Tree
User balances are hashed into a Merkle tree, producing a single root hash.
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3. On-Chain Audit
Independent auditors verify that on-chain wallet balances match or exceed the Merkle root total.
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4. User Verification
Each user can verify their balance is included in the tree using their unique Merkle proof.
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Our Commitment NYXANCE is committed to full transparency. We will never use customer funds for proprietary trading, lending, or any other purpose. All user deposits are held 1:1 in segregated wallets.