CoinDCX, the Indian crypto exchange, published its transparency report for July 2025, covering various aspects of its operations, including proof of reserves and investor protection initiatives.
Proof of Reserves and Investor Protection
As of July 24, 2025, CoinDCX had total holdings of $731.1 million, including $541.64 million in blockchain reserves. The Crypto Investor Protection Fund (CIPF) increased to ₹69.74 crore in July, which is 16% higher than June 2025. The exchange also remitted ₹20.05 crore as TDS (tax deducted at source) to the government, which is a 37.5% increase compared to the previous month.
Product Updates and New Listings
In July, the exchange launched its Expert Picks feature, providing vetted futures trading signals to assist users. Additionally, five new tokens were added: SAHARA, LA, ERA, Chain Base, and PUMP, contributing to a 109.8% increase in total trading volumes compared to June.
Security Incident and Future Plans
On July 19, an internal liquidity provisioning account on one of CoinDCX’s partner exchanges was hacked, leading to a loss of approximately $44.2 million. CoinDCX confirmed that no customer funds were affected and took the loss from its own treasury. The exchange has since integrated additional security controls and plans to deliver more updates for traders.
CoinDCX continues to demonstrate its commitment to security and transparency, responding to the needs of its growing user base and improving the platform amidst challenges.
