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October 19, 2026 2:12 am
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MEXC released its October proof-of-reserves report with blockchain security auditor Hacken, showing reserve ratios above customer deposits for major cryptocurrencies. The exchange reported reserve ratios of 294% for Bitcoin (BTC), 122% for USDT, 115% for USDC and 111% for Ethereum (ETH).
Hacken said its Merkle tree verification, wallet ownership checks and reserve calculations confirmed MEXC fully collateralized user assets. MEXC also said it discloses its reserves monthly and, after adding 1,000 BTC to its Guardian Fund in September, now holds more than 100 million USDT and over 2,000 BTC for user protection.