Reserve Rate = MEXC Wallet Assets / Total User Assets on MEXC. A rate of 100% or higher means the platform holds sufficient funds to back all user assets
In the cryptocurrency space, Proof of Reserves (PoR) is a transparency mechanism used to demonstrate that a crypto exchange or custodial platform holds sufficient reserve assets to fully back its users' deposits. The primary goal of PoR is to address trust issues by ensuring that customer assets stored on the platform are secure, and that the platform is not misusing funds or engaging in opaque financial practices.
