Crypto casino reserves

It is the nearest thing to proof of reserves that can be built from outside: the balance of every labelled casino wallet, read from the chain about once an hour. Only wallets we know about are included, so each figure is a lower bound, and only coins with a market price count, so tokens dropped into a wallet by strangers never inflate it. What it cannot show is the other side of the ledger: what a casino owes its players is not on any chain. So it is a measurement of what the wallets hold, not a judgment of the casino, and not a safety rating.

A hot wallet pays players and moves all day; a cold wallet is storage and may not move for weeks. The board shows them apart because they answer different questions: hot balances say how much is on hand for payouts, cold balances say what is banked. Some trackers publish only the hot side, which is why their totals are far lower for casinos with big cold wallets. A sudden drop in a casino’s reserves is often money moving to a cold wallet we have not labelled yet, so a fall is a reason to look, not a verdict.

Twice. Every labelled wallet’s balance is read about once an hour; a few times a day the largest wallets are read again from a different, independent source and the two readings are compared, and the result is printed on the page (“48 of 48 wallets agree within 1%”, for example). Separately, the balance change of every wallet between two readings must equal the transfers we stored in between, and a wallet that does not add up is read again by itself. That second check lives on the data page.

Payout pulse asks whether withdrawals are actually leaving: each bar is one hour of counted withdrawals from a casino’s wallets. Quiet means the gap since the last payout is far longer than that casino’s usual gap, which is worth a look and not proof of a problem; a casino can simply have changed wallets. Reserve cover is the tracked balance divided by average daily withdrawals, expressed in days. Because withdrawals can include the casino moving its own money, the cover figure is a lower bound.

For casinos that issue their own token: its price, outstanding supply, how much sits in burn addresses, how much was burned in the last 7 and 30 days, and how much of it the casino holds in its own wallets, all read from the token’s contract. A casino that says it buys back and burns its token leaves the proof on-chain, because the outstanding supply falls. A casino’s own token is never counted inside its reserves total: it could not all be sold at that price.