Crypto Exchange Reserves Today
How much money is currently held on crypto exchanges, and which way it's moving: total custody across 88 exchanges, with 24-hour, 7-day, and 30-day net flows. Refreshed every 5 minutes from public wallet reports. Describes fund flows, not financial advice.
Exchange reserves falling, what does it mean?
Falling reserves mean assets are leaving exchanges for private wallets (net withdrawals). The common reading: users prefer self-custody, a stance that often strengthens when trust in a particular exchange wobbles or when the market is cautious. Rising reserves mean the opposite, money flowing in, usually to be ready to trade.
Keep in mind: these flows aggregate all exchanges. A drop at one exchange can mean money moved to another exchange, not out of the market. The per-exchange flow columns in the table help spot moves like that, for example one exchange falling sharply while a competitor rises on the same day.
How to read the table
- Custody · total asset value in US dollars in the exchange's wallets according to its public report.
- 24h / 7d / 30d flow · net inflow (green) or outflow (red) over that time window.
- OI · that exchange's derivatives open interest, a gauge of how large its trading activity is compared with the funds it holds.
- Link ↗ · the exchange's official wallet report, so you can check for yourself.
Related pages
- Crypto open interest today · derivative positions still open, the other side of funds held on exchanges.
- Cross-exchange funding rates · the cost of holding positions on four exchanges in one table.
- Bitcoin & Ethereum ETF flows · institutional money; a comparison for the exchange flows on this page.
FAQ
- What are exchange reserves?
- Exchange reserves are the total assets held in a crypto exchange's wallets on behalf of its users. When users deposit coins to the exchange, they enter the reserves; when users withdraw to their own wallets, reserves shrink. The figures on this page aggregate the public wallet reports of 88 exchanges in US dollars, read from DefiLlama.
- Why do people watch exchange outflows?
- Large, sustained outflows usually mean users are moving their assets to their own wallets, sometimes out of concern about a particular exchange, sometimes just routine. Historically, sharp reserve drops often appear when trust is shaken, as in the FTX case in 2022. But outflows aren't a price signal: markets can rise while money leaves exchanges, and vice versa.
- Where does the data come from, and how often is it updated?
- From DefiLlama's public endpoint, which aggregates wallet reports (proof of reserves) published by the exchanges themselves. Data is read directly by your browser with no intermediary server and refreshed automatically every 5 minutes. The link on each exchange name opens that exchange's official wallet report.
- Why is it shown in dollars instead of BTC per exchange?
- Because the aggregate reports only provide values in US dollars. Counting coins per exchange would require reading the full contents of every exchange's wallets, tens of megabytes per exchange, which isn't practical to load for every visitor. The custody, 24-hour, 7-day, and 30-day flow columns are enough to read the direction of market trust.
- Does large custody mean an exchange is safe?
- No. Large custody only means many assets are held there, not that those assets cover its liabilities. Nor does it mean the opposite. Healthy proof of reserves must be checked from each exchange's wallet reports and third-party reports, the link on each exchange name in the table is the starting point.