MEXC Releases October 2026 Proof of Reserves, Reinforcing User Trust Through Verifiable Transparency
In this news:
Key takeaways
- MEXC released its October 2026 Proof of Reserves report audited by Hacken.
- Reserve ratios stand at 294% for BTC, 122% for USDT, 115% for USDC, and 111% for ETH.
- The exchange expanded its security funds, adding 1,000 BTC in September.
October 2026 proof of reserves report
MEXC has released its October 2026 Proof of Reserves report. Independently audited by Hacken, the report confirms that the platform’s reserves continue to fully cover user holdings across all major reserve assets. As part of its commitment to putting users first, MEXC publishes monthly reserve data that users can independently verify, reinforcing user trust through transparency.
According to the audit report, MEXC’s reserve ratios stand at 294% for BTC, 122% for USDT, 115% for USDC and 111% for ETH. All four reserve ratios exceed the 100% benchmark, with BTC showing the largest margin above the benchmark.
Verification framework and security measures
MEXC’s PoR framework combines user-level verification, on-chain transparency, and independent third-party audits. Through Merkle Tree technology, users can independently verify that their account balances are included in the platform’s reported liabilities while preserving the privacy and confidentiality of user account information. MEXC also publicly discloses its custodial wallet addresses, enabling independent verification of its on-chain holdings. To further strengthen transparency and external oversight, MEXC partners with Hacken, an independent blockchain security and auditing firm, to conduct monthly Proof of Reserves audits covering Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a Merkle-tree verification.
Beyond regular PoR reporting, MEXC continues to strengthen its multi-layered security framework to protect user assets. The platform employs cold and hot wallet management, supported by multi-signature authorization and layered risk controls. The MEXC Futures Insurance Fund helps cover losses that exceed a user’s margin following liquidation, providing a risk buffer during extreme market conditions. The Guardian Fund is designed to protect users facing serious security incidents, including large-scale exploits, targeted attacks, and unforeseen system vulnerabilities. Recent attacks across the digital asset industry have again demonstrated that security threats are not static. Against this backdrop, MEXC continues to invest in capital reserves, technology, and risk-management infrastructure to strengthen user protection. In September, MEXC added another 1,000 BTC to the fund, marking its second major BTC allocation this year following the initial allocation in May. The fund now holds over 100 million USDT and 2,000 BTC, and MEXC aims to expand it to $500 million within two years.
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