MEXC Releases October 2026 Proof of Reserves, Reinforcing User Trust Through Verifiable Transparency

MEXC Releases October 2026 Proof of Reserves, Reinforcing User Trust Through Verifiable Transparency

Summary

MEXC reported that its October 2026 Proof of Reserves audit by Hacken found reserves above user liabilities for BTC (294%), USDT (122%), USDC (115%) and ETH (111%). The exchange says users can verify liabilities through Merkle Trees and inspect disclosed wallet addresses. MEXC also described its wallet safeguards and protection funds, reporting that its Guardian Fund holds more than 100 million USDT and 2,000 BTC after a 1,000-BTC addition in September. It aims to grow the fund to $500 million within two years.