MEXC Releases September 2026 Proof of Reserves, BTC Reserve Ratio Hits 297%
Mutsamudu, Comoros, September 15, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has released its September 2026 Proof of Reserves (PoR) report, audited by Hacken. This report confirms that user assets remain fully backed across all major reserve assets, with the BTC reserve ratio increasing to 297%, up from 288% in August.
MEXC continues to disclose reserve data on a monthly basis, aiming to enhance transparency and safeguard the security of user funds. According to the audited report, dated as of the September 10, 2026 snapshot, reserve ratios for all disclosed assets are as follows:
- BTC: 297%. Reserves of 12,202.13 BTC cover 4,106.57 BTC in user holdings.
- USDT: 119%. Reserves of 1,818,202,910.24 USDT cover 1,526,526,878.38 USDT in user holdings.
- USDC: 111%. Reserves of 299,925,929.77 USDC cover 269,894,125.25 USDC in user holdings.
- ETH: 111%. Reserves of 58,917.60 ETH cover 53,243.98 ETH in user holdings.
MEXC verifies its reserves through Merkle Tree technology, allowing individual users to confirm their balances are included in the total reserve calculation without exposing other users’ data. For this month’s audit, Hacken conducted a comprehensive evaluation of MEXC’s reserves, covering Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a PoR Assessment. Hacken confirmed that MEXC’s reserves exceed a 1:1 ratio across all in-scope assets, fully covering user liabilities.
“Protecting user assets and earning their trust are fundamental responsibilities, not optional commitments,” said Vugar Usi, CEO of MEXC. “In an industry where confidence has been tested time and again, transparency must be demonstrated through actions that users can independently verify. That is why we publish verifiable Proof of Reserves every month, giving users the ability to validate their asset data at any time rather than simply relying on our assurances.”
To further protect user assets, MEXC maintains the Futures Insurance Fund, which absorbs losses from liquidations triggered by extreme market conditions. The fund held a balance of approximately 798 million USDT as of press time. MEXC also operates The Guardian Fund, a dual-reserve structure combining USDT and BTC holdings that offers full compensation coverage for platform-related issues. It held a balance of $101 million as of press time and plans to expand to $500 million within two years.
FAQ
What is the current BTC reserve ratio for MEXC as of September 2026?
As of September 2026, the BTC reserve ratio for MEXC is 297%, which has increased from 288% in August.
How does MEXC ensure the transparency of its reserves?
MEXC ensures transparency by releasing a monthly Proof of Reserves report audited by Hacken, allowing users to verify their balances through Merkle Tree technology.
What assets are covered in MEXC's Proof of Reserves report?
MEXC's Proof of Reserves report covers major assets including BTC, USDT, USDC, and ETH, with reserve ratios exceeding 1:1 for all disclosed assets.
What is the purpose of the Futures Insurance Fund at MEXC?
The Futures Insurance Fund at MEXC is designed to absorb losses from liquidations triggered by extreme market conditions, ensuring user asset protection.
What is The Guardian Fund and what does it offer?
The Guardian Fund is a dual-reserve structure at MEXC that combines USDT and BTC holdings to provide full compensation coverage for platform-related issues, with a current balance of $101 million.
Comments
Comments are moderated before publish.
No comments yet — be the first.