USD1 Proof of Reserves is a live transparency dashboard that provides an on-chain view of reserve-related data for USD1.
It is designed to complement our monthly attestation reports by showing current reserve and supply data sourced from public blockchains and an on-chain Chainlink oracle.
Proof of Reserves is intended to improve transparency through near real-time visibility. For formal monthly reporting, please refer to the Attestation Reports page.
How it works
The dashboard reads reserve data from a Chainlink oracle on Ethereum. It also aggregates USD1 supply across supported networks using on-chain contract or token-supply reads, depending on the chain. The collateralization ratio is then calculated by comparing the reported reserves against the tracked total supply.
What the dashboard shows
The Proof of Reserves dashboard includes:
Total reserves backing USD1
Collateralization ratio
Total USD1 supply
Supply by network
Oracle contract information, including the Chainlink oracle address and update metadata
Open Source Code
Want to verify reserves yourself? Clone the repo. Run the dashboard. Inspect the code.
