MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, released its February Proof of Reserve report, confirming that all major assets maintained reserve ratios above 100%. BTC reserve coverage rose to 267%, demonstrating the platform’s continued commitment to transparency and user asset protection.
The February report shows reserve ratios of 267% for BTC, 112% for ETH, 117% for USDT, and 124% for USDC. MEXC wallet assets total 12,003.98 BTC, 73,433.86 ETH, $1.82 billion USDT, and $93.5 million USDC. BTC reserve coverage rose notably from January’s 158% to 267%, with wallet assets nearly doubling from 6,172.88 BTC to 12,003.98 BTC. ETH reserve coverage increased from 107% to 112%, with reserves expanding from 61,729.67 ETH to 73,433.86 ETH. All reserve ratios remained well above the 1:1 backing standard.
MEXC updates its Proof of Reserve snapshots monthly, with independent audit reports published by Hacken, a leading blockchain security and audit firm. The Proof of Reserve framework utilizes Merkle Tree technology, enabling users to verify their balances while maintaining account privacy. Committed to a user-first approach, MEXC maintains ample reserves and conducts monthly independent audits to ensure all user assets remain fully protected and transparent. MEXC will maintain this monthly reporting practice, upholding industry-leading transparency standards and ensuring continued user confidence.
To view the latest Proof of Reserve snapshot and audit report, please visit MEXC’s Proof of Reserves page.
