Sumit Gupta, CEO of CoinDCX, just put out the exchange’s March 2025 transparency update. It’s got the usual stuff—funds, volumes, new features—but here’s the real breakdown without the jargon.
First up, reserves. CoinDCX says user funds are completely safe. Their proof of reserves shows they’ve got more than what customers hold, and this isn’t just internal math—it’s been verified by third-party checks.
As of March, they’re sitting on over 507 million USDT. That includes crypto sitting on Binance, KuCoin, Huobi, and some in direct wallets.
Then there’s their Crypto Investor Protection Fund. It started at ₹50 crore and has now grown to ₹57.5 crore. The increase is thanks to CoinDCX putting in 2% of their brokerage income. They say this fund will keep growing over time with regular updates.
Trading volumes took a hit last month. The report blames market uncertainty, especially around rising US tariffs. Not surprising, considering how jumpy the global markets have been lately.
The top five traded tokens in March on the CoinDCX platform were XRP, BTC, SOL, ETH, and MAVIA. No big shockers there.
They also rolled out a few updates to improve the futures trading experience. Stuff like better charts, cleaner order forms, faster fund transfers, and the ability to sort active positions more easily.
CoinDCX is still pushing for more transparency and smoother trading, even in a shaky market. The numbers are out, the tools are improving, and they’re trying to keep things steady for users. Let’s see how April plays out.
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