Proof of Reserves

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

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.

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.