MEXC Publishes September Proof of Reserves Amid Maintained Overcollateralization

Global cryptocurrency exchange MEXC has published its September Proof of Reserves (PoR) report in collaboration with blockchain security audit firm Hacken. The report shows reserve ratios for major cryptocurrencies as Bitcoin (BTC) at 297%, USDT at 119%, USDC at 111%, and Ethereum (ETH) at 111%, all exceeding user deposit assets. Hacken confirmed through Merkle tree structure verification, wallet ownership checks, and reserve adequacy assessment that MEXC's user assets are fully collateralized.

MEXC has been publicly disclosing its reserve status monthly and plans to expand its Guardian Fund from $100 million to $500 million over the next two years as part of its user protection measures.