MEXC’s latest Proof of Reserve shows the exchange is sitting on healthy cushions of BTC and ETH and is fully backed across major stablecoins, the company announced.
Key figures from MEXC’s December 2025 Proof of Reserve (PoR)
- Bitcoin (BTC): 141% reserve coverage — 5,401.59 BTC held in reserves
- Tether (USDT): 126% — 2.32 billion USDT
- USD Coin (USDC): 127% — 126.5 million USDC
- Ethereum (ETH): 107% — 57,457.10 ETH
What this means
MEXC’s audited reserves exceed customer liabilities for these assets, with ratios above 100% indicating the exchange holds more of each asset than what is owed to users. That over-collateralization can help reassure customers about solvency and liquidity.
Proof method and audit
MEXC launched its Merkle Tree–based Proof of Reserve system in February 2023. The Merkle Tree approach lets users independently verify their own account balances without exposing other users’ data or compromising privacy. Independent blockchain security and compliance firm Hacken now performs and publishes monthly PoR audits of MEXC’s Merkle Tree implementation.
“Ensuring full reserves and maintaining transparency are core commitments at MEXC,” said Vugar Usi Zade, MEXC’s chief operating officer. “Through monthly independent Proof of Reserve audits conducted in partnership with Hacken, users can confidently verify that their assets remain fully supported.”
Report availability and platform snapshot
MEXC says the December 2025 PoR report, including Hacken’s independent audit, is available on its Proof of Reserves page. Founded in 2018, the exchange serves more than 40 million users in over 170 countries and positions itself around low trading fees and a broad token selection.
Why it matters
Following heightened scrutiny of exchange reserves across the crypto industry, regular, third-party audited PoR reports and privacy-preserving verification tools like Merkle Trees are increasingly important for restoring and maintaining user trust. MEXC’s December figures indicate strong reserve buffers for its largest listed assets.
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