Independent records of what backs digital assets
Reserve composition, backing chains and their history for stablecoins and tokenized assets. Collected from issuer reports and on-chain data. Open source, with every source linked.
- $328.25B
- Reserves recorded
- 40
- Backed tokens
- 17
- Reserve assets
- 49
- Months of chain history
01 · Composition
What the reserves are made of
Not one total per token, but every reserve category from the issuer’s report or the chain.
| Token | Backing ratio | Reserves | Composition | As of |
|---|---|---|---|---|
 Bitcoin BTC
on Bitcoin · $1.61T market cap | – | Not tracked | – | |
 Ether ETH
on Ethereum · $294.76B market cap | – | Not tracked | – | |
 Tether USD USDT
on Tron, Ethereum and Solana · $176.43B market cap | 101.9% | $185.36B |
| Jun 30, 2026 |
 USD Coin USDC
on 5 chains · $62.77B market cap | 100.1% | $57.01B |
| Oct 1, 2026 |
 Lido Staked Ether stETH
on Ethereum · $23.44B market cap | 100.0% | $23.44B |
| Nov 5, 2026 |
 Wrapped stETH wstETH
on Ethereum · $11.22B market cap | 100.0% | $11.22B |
| Nov 5, 2026 |
 Binance USD BUSD
on Ethereum · $10.53B market cap | 101.9% | $34.51M |
| Sep 30, 2026 |
 Wrapped Bitcoin WBTC
on Ethereum · $9.30B market cap | 100.2% | $9.35B |
| Nov 4, 2026 |
02 · Backing chains
From the token to the reserve asset
Tokens back other tokens. bcked follows each chain to the assets at the end, so exposure hidden one level down becomes visible.
03 · History
Where all tracked reserves sat, week by week
The end of every chain added up: cash, Treasuries, gold, bitcoin. Hover to read a month.
Tap for the mix at a date.
Latest, Nov 5, 2026
Click reserve assets above to show only those.
Open data and API
The code is open source on GitHub, and all data on the site is available as a free JSON API.