MEXC Reports 156.5% Reserve Ratio in Latest June Audit
With Bitcoin reserves reaching 269%, Seychelles-based exchange MEXC has published its June 2026 Proof of Reserves report. The data confirms that the platform’s held assets significantly outweigh user balances, a move aimed at bolstering transparency and ensuring full backing for client funds across its global trading operations.
The audit reveals a substantial surplus across major digital assets. Total wallet assets currently hold 12,656 BTC against 4,699 BTC in user holdings, while Ethereum reserves stand at 118%, with 77,527 ETH covering 65,625 ETH held by users. Stablecoin holdings also show healthy over-collateralization, with USDT at 114% and USDC at 125%.
MEXC utilizes Merkle Tree cryptography, allowing individual users to verify their specific balances within the reserves without compromising the privacy of others. To maintain rigorous standards, the exchange coordinates monthly audits with blockchain security firm Hacken. Beyond standard reporting, the platform maintains the MEXC Guardian Fund, which holds reserves in USDT and BTC with a target of reaching $500 million within two years. These wallet addresses remain publicly accessible to ensure continuous verification of liquidity and long-term asset security.
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