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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 16 days · First seen · Last updated
MEXC asset reserves and user protection measures
Overview
MEXC has taken several steps to demonstrate asset backing and enhance user protection. In September 2026, an audit by Hacken confirmed that user assets were fully backed, with the platform reporting a BTC reserve ratio of 297%, an increase from 288% in August. Other disclosed reserves included USDT at 119%, USDC at 111%, and ETH at 111%.
Following this, the exchange added 1,000 BTC to its Guardian Fund, which is part of a commitment to expand the fund from $100 million to $500 million over two years. The fund now holds 100 million USDT and 2,000 BTC. MEXC has made these holdings publicly traceable on-chain to allow for independent verification.
Entities
Timeline
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[BUSINESS] 3 sourcesMEXC adds 1,000 BTC to Guardian Fund for user protection
MEXC has added 1,000 BTC to its Guardian Fund, bringing its total reserves to 2,000 BTC and 100 million USDT as part of a plan to expand the fund to $500 million.
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[BUSINESS] 2 sourcesMEXC confirms full asset backing in September 2026 Proof of Reserves report
MEXC's September 2026 Proof of Reserves report confirms full backing of user assets, including a 297% BTC reserve ratio, alongside reported growth in new-token and tokenized stock trading volumes.
Sources
captainaltcoin.com · dailyguardian.ca · hackernoon.com · mpost.io