MEXC's September PoR Report Shows Significant Increase in BTC Reserve Ratio
MEXC, a leading global multi-asset trading platform, has released its September 2026 Proof of Reserves (PoR) report. The report, audited by Hacken, confirms that user assets remain fully backed across all major reserve assets.
The BTC reserve ratio increased to 297%, up from 288% in August. Reserve ratios for other assets are as follows: USDT at 119%, USDC and ETH both at 111%. The report also states that MEXC's reserves exceed a 1:1 ratio across all in-scope assets, fully covering user liabilities.
MEXC uses Merkle Tree technology to verify its reserves, allowing individual users to confirm their balances are included in the total reserve calculation without exposing other users' data. The company continues to disclose reserve data on a monthly basis, aiming to enhance transparency and safeguard the security of user funds.