Mutsamudu, Comoros, September 15, 2026 โ MEXC, a leader in zero-fee digital asset trading, has published its September 2026 Proof of Reserves (PoR) report, audited by Hacken. The report confirms that user assets remain fully backed across all major reserve assets. The BTC reserve ratio rose to 297%, up from 288% in August. MEXC continues to release reserve data every month to improve transparency and protect user funds.
According to the audited report, based on the September 10, 2026 snapshot, the 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 using Merkle Tree technology, allowing individual users to confirm their balances are included in the total reserve calculation without exposing other usersโ data. For this monthโs audit, Hacken conducted a comprehensive evaluation of MEXCโs reserves, covering Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a PoR Assessment. Hacken confirmed that MEXCโs reserves exceed a 1:1 ratio across all in-scope assets, fully covering user liabilities.
โProtecting user assets and earning their trust are fundamental responsibilities, not optional commitments,โ said Vugar Usi, CEO of MEXC. โIn 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. Our commitment is to continue raising the standard for transparency, accountability, and asset protection, and to build the kind of trust that is earned consistently over time.โ
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.
To view the latest Proof of Reserves snapshot and audit report, please visit the MEXC Proof of Reserves page.
About MEXC
Founded in 2018, MEXC is a leading global multi-asset trading platform built as your zero-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.
With zero trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.
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For media inquiries, please contact MEXC PR team: media@mexc.com
Risk Disclaimer: This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.
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Frequently Asked Questions
FAQs MEXCs September 2026 Proof of Reserves
Beginner Questions
1 What is Proof of Reserves
Its a public report that shows how much crypto a exchange actually holds so you can check that your funds are really there
2 What does MEXCs September 2026 report say
It confirms that all user assets are fully backed meaning MEXC holds at least 100 of what users have deposited
3 What does fully backed mean
For every coin users hold on MEXC the exchange holds an equal or greater amount in reserve Nothing is missing
4 What is a reserve ratio
Its the percentage of reserves compared to user holdings 100 means fully backed anything above 100 means extra cushion
5 Why is the BTC reserve ratio 297
It means MEXC holds about 3x more Bitcoin than users total BTC balances a very strong buffer
6 Is a higher reserve ratio better
Generally yes It means more safety if many users withdraw at once
7 Does this mean my funds are 100 safe
Its a strong signal but no exchange is riskfree Proof of Reserves reduces risk it doesnt eliminate it
8 How do I know this report is real
You can verify it yourself using Merkle tree tools MEXC provides or check independent audits if available
9 Which assets are covered
Typically major coins like BTC ETH and USDT Check MEXCs report for the full list
10 Do I need to do anything to benefit from this
No It applies automatically to all users You can just review the report if you want
Intermediate Questions
11 How does a Merkle tree proof work
It lets you confirm your balance is included in the total reserves without revealing anyone elses data
12 How can I verify my own balance is included
Log into MEXC open the Proof of Reserves page and use the selfverification tool with your unique hash
13 Whats the difference between Proof of Reserves and Proof of Liabilities
Reserves show what the exchange holds liabilities show what it owes users Both are needed