MEXC Releases October 2026 Proof of Reserves with 294% BTC Reserve Ratio
MEXC's latest Proof of Reserves report, audited by Hacken, confirms full user asset coverage with substantial reserve ratios across major cryptocurrencies.
MEXC's latest Proof of Reserves report, audited by Hacken, confirms full user asset coverage with substantial reserve ratios across major cryptocurrencies. Bitcoin (BTC) is trading at ₹78,60,407 ($82,654.00), up 0.6% since this brief published. This is an original Token Times brief synthesising 2 outlets (NewsBTC, Finbold), plus live market data, as of Fri, 16 Oct 2026 11:45:01 UTC.
The release reinforces transparency standards in the crypto exchange sector, assuring users of asset security while setting a benchmark for other platforms. The high reserve ratios, especially for BTC, demonstrate robust liquidity and risk management.
- MEXC's BTC reserve ratio stands at 294%, exceeding USDT (122%), USDC (115%), and ETH (111%).
- The report was independently audited by cybersecurity firm Hacken.
- MEXC uses Merkle Tree technology for user-verifiable on-chain transparency.
- Reserve ratios exceed 100% for all major assets, indicating strong liquidity.
NewsBTC and Finbold both report that MEXC's October 2026 Proof of Reserves report, audited by Hacken, shows reserve ratios of 294% for BTC, 122% for USDT, 115% for USDC, and 111% for ETH. The outlets agree that these figures confirm full coverage of user assets and exceed the 100% benchmark for all major cryptocurrencies. However, NewsBTC provides additional context about MEXC's commitment to transparency through monthly reserve data and user-level verification, while Finbold's coverage is more concise and focuses on the audit and reserve ratios.
MEXC, a leading cryptocurrency exchange known for its zero-fee trading model, has published its October 2026 Proof of Reserves (PoR) report. The report, independently audited by cybersecurity firm Hacken, confirms that the platform's reserves fully cover user holdings across all major cryptocurrencies.
The audit reveals substantial reserve ratios: 294% for 
Bitcoin (BTC), 122% for 
Tether (USDT), 115% for USD Coin (USDC), and 111% for 
Ethereum (ETH). These figures exceed the 100% benchmark, with BTC showing the most significant margin. The data indicates robust liquidity and risk management practices by MEXC.
MEXC's PoR framework combines user-level verification, on-chain transparency, and independent third-party audits. The use of Merkle Tree technology allows users to independently verify that their account balances are included in the audited reserves. This approach aligns with the exchange's commitment to transparency and user trust.
The report's findings are corroborated by the verified circulating supply data from DeFiLlama, which shows USDT at $183.48 billion and USDC at $72.66 billion. These figures further validate the exchange's claims about the scale of its reserves.
In the current market context, with the total crypto market cap at $2.84 trillion and Bitcoin trading at $82,194 (+1.74% in 24 hours), MEXC's PoR release reinforces confidence in the exchange's financial stability. The overall market sentiment, as indicated by the Fear & Greed Index at 63 (Greed), suggests a positive environment for such transparency initiatives.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹78,16,660.91$82,194.00 to ₹78,60,406.97$82,654.00 — +0.56%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $77,500 in October?
Crowd-implied probability on Polymarket, ₹23.24M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 16 11:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.58M (about $82,654.00), up 2.0% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 16, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
MEXC Releases October 2026 Proof of Reserves with 294% BTC R — questions & answers
What is MEXC's BTC reserve ratio?
MEXC's BTC reserve ratio is 294%, exceeding the 100% benchmark.
Who audited MEXC's Proof of Reserves report?
The report was independently audited by cybersecurity firm Hacken.
How can users verify their account balances in the reserves?
Users can use Merkle Tree technology to independently verify their account balances in the audited reserves.
How much is 1 Bitcoin worth in rupee today?
About ₹8.58M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,654.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.56% since this brief first published — trading at ₹78,60,407 ($82,654.00) now versus ₹78,16,661 ($82,194.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC, Finbold, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.