Hacken Audits MEXC and Confirms Full Asset Backing With Over 100 Percent Coverage

Published on 24 April 2026

Merkle tree checks and liability proof mapped to on-chain wallets

MEXC has published a fresh independent Proof of Reserves audit by Hacken, completed Nov 26, 2025. The report says MEXC holds sufficient on-chain assets to cover all user liabilities, with major assets like BTC, ETH, USDT and USDC showing coverage above 100%. Hacken used Proof of Liabilities, ownership procedures, and Merkle-tree verification across multiple blockchain networks.

Hacken conducted MEXC’s latest independent Proof of Reserves audit
Coverage for major assets like BTC, ETH, USDT and USDC exceeded 100%
Solvency was tested using proof of liabilities and Merkle-tree verification
Audit covered reserves across many networks including Bitcoin and Ethereum

#hacken #mexc #proof of reserves #transparency #cryptocurrency

Read the full story at Startup India Magazine

This summarization was done by Beige for a story published on Startup India Magazine

Hacken Audits MEXC and Confirms Full Asset Backing With Over 100 Percent Coverage

The full experience is on mobile.