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MEXC’s September 2026 Proof of Reserves Reaffirms Full Backing of User Assets, BTC Reserve Ratio Increases to 297%
MEXC has released its September 2026 Proof of Reserves report, audited by Hacken, confirming user assets are fully backed. The report shows that Bitcoin reserves increased to 297% of user holdings, up from 288% in August. Other audited assets like USDT, USDC, and ETH also demonstrate reserve ratios exceeding 100%. MEXC utilizes Merkle Tree technology for users to independently verify their balances within the total reserves. Hacken's audit encompassed Proof of Liabilities, Ownership, Reserves Calculation, and a general PoR Assessment. MEXC's CEO emphasized that transparency and user trust are paramount, with monthly verifiable reports demonstrating this commitment. The company also maintains a Futures Insurance Fund of approximately 798 million USDT to absorb losses from liquidations. Additionally, The Guardian Fund holds $101 million and plans to expand, offering compensation for platform-related issues. These measures aim to further protect user assets and build earned trust within the industry.