MEXC released its August 2026 Proof of Reserves report on August 14, with an audit from Hacken showing all major assets backed above 100%. The exchange's Bitcoin reserve ratio came in at 288%.
What the report shows
The report, which covers the exchange's holdings as of the end of July, shows that every major asset has a reserve ratio above 100%. That means MEXC holds more of each asset than it owes to users. The Bitcoin ratio of 288% stands out, indicating the exchange holds nearly three times the amount of BTC needed to cover customer balances.
The Hacken audit
Hacken, a blockchain security firm, audited the report. The audit provides an independent check on the figures, verifying that the exchange's stated reserves match its actual holdings. This adds a layer of trust for users who rely on the exchange to safeguard their funds.
MEXC is a pioneer in 0-fee digital asset trading, a model that has attracted a large user base. The report reflects the exchange's robust financial position, according to the company. In an industry where trust is often hard to come by, a clean audit and high reserve ratios can help reassure users that their assets are safe.
