◆ PROOF OF RESERVES

Reserves coverage.

Every ticker on Vorepo is backed by its own USDC pool. Buys add to the pool, sells draw from it — the platform never takes the other side of your trade. The custody wallet is public and on-chain — verify any time. Multisig hardening (2-of-3 via Squads Protocol) is in active rollout. Custody model details →

◆ On-chain custody address

All USDC reserves live on this single Solana address. Click any explorer below to read the live balance directly from Solana mainnet — that's the source of truth, not anything we publish here.

◆ Latest user-balance Merkle root

A daily snapshot publishes a Merkle root of every active user's balance. Each user can verify their own balance is included in this root — without seeing anyone else's balance. Verification details are returned by the snapshot endpoint.

Snapshot
· full snapshot JSON →

◆ How this works

Every ticker has dedicated USDC reserves. Buys add to the reserves; sells are funded from them — every share is redeemable at the current price by construction.

Solvency is verifiable on-chain: the custody address above holds the platform's USDC; any explorer shows the live balance. We don't publish per-pool internals so the number on screen can never drift from the on-chain truth — Solscan / Solana Explorer is the authoritative read.

Per-user balance proofs are live as of 2026-04-27. The full snapshot is served at /api/proof-of-reserves/latest with verification instructions in the response.