MEXC Releases October 2026 Proof of Reserves Audit Showing Over 100% Reserve Ratios
Digital asset trading platform MEXC published its October 2026 Proof of Reserves report, confirming that customer holdings across primary reserve assets remain fully covered above the 100% threshold. Blockchain security firm Hacken conducted the independent audit, verifying that platform reserves exceed total customer liabilities. Reported reserve ratios stood at 294% for Bitcoin, 122% for Tether, 115% for USD Coin, and 111% for Ethereum.
Verifiable reserve reporting aims to maintain customer trust and reduce counterparty risk across cryptocurrency markets. MEXC utilizes Merkle Tree technology to allow individual account holders to check if their account balances are included in published liability totals without exposing private details. Additionally, public disclosure of custodial wallet addresses enables independent on-chain verification of the exchange's asset holdings.
Investors should monitor the expansion of the platform's security mechanisms and protection funds. MEXC added 1,000 Bitcoin to its Guardian Fund in September, bringing total holdings in that fund to more than 2,000 Bitcoin and 100 million Tether. The exchange plans to expand the Guardian Fund reserve to $500 million over the next two years to absorb potential industry security risks.
Key points
- MEXC released its audited October 2026 Proof of Reserves report, showing reserve ratios above 100% across major digital assets.
- Reserve ratios reached 294% for Bitcoin, 122% for Tether, 115% for USD Coin, and 111% for Ethereum.
- Blockchain security company Hacken audited the reserve calculation, liability proof, and Merkle-tree system.
- The Guardian Fund holds over 2,000 Bitcoin and 100 million Tether, targeting $500 million within two years.
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What are MEXC's reserve ratios for October 2026?
The reserve ratios are 294% for Bitcoin, 122% for Tether, 115% for USD Coin, and 111% for Ethereum, all exceeding full coverage.
Who audited MEXC's Proof of Reserves report?
Independent blockchain security and auditing firm Hacken performed the monthly audit of MEXC's reserves and liabilities.
How large is MEXC's Guardian Fund?
The Guardian Fund currently holds over 100 million Tether and 2,000 Bitcoin, with a target to reach $500 million within two years.