Proof of Reserves

Every uAsset in circulation is backed by the real underlying asset held in custody. This page explains how the reserve system works.

1:1 backing

For every uBTC, there's one real BTC. For every uSOL, there's one real SOL. The ratio is always 1:1.

This isn't algorithmic or fractional. It's full reserve backing - the simplest and most trustworthy model.

Coinbase Prime custody

All reserves are held in Coinbase Prime, Coinbase's institutional custody solution. Coinbase Prime provides:

• SOC 1 and SOC 2 Type II certified security
• Insurance coverage
• Segregated cold storage
• Regulatory compliance

How to verify

You can check the reserves yourself at any time:

1. Go to universal.xyz/reserves
2. See the total supply of each uAsset
3. Compare against the custodied balance

The numbers should always match. If they don't, something is wrong.

Why this matters

Many wrapped assets and stablecoins have failed because they weren't fully backed. UST, various bridge tokens, and fractional reserve experiments have all collapsed.

Universal takes the simple approach: hold the real asset, prove you have it, let anyone verify. No algorithms, no fractional reserves.

Redemption

Merchants can redeem uAssets for the underlying asset at any time. This redemption mechanism keeps uAssets pegged to their underlying value and ensures the reserves remain verifiable.

Check the reserves

View proof of reserves