MEXC, the fastest-growing global cryptocurrency exchange, redefining a user-first approach to digital assets through true zero-fee trading, has published its latest independent Proof of Reserves (PoR) report conducted by blockchain security and audit firm Hacken. MEXC continues to safeguard core assets while providing a fully auditable view of user balances, reinforcing our unwavering commitment to 100% fully backed user fund safety. The report, completed on November 26, 2025, confirms that MEXC holds sufficient on-chain assets to fully cover all user liabilities, with coverage ratios for major assets — including BTC, ETH, USDT, and USDC — consistently exceeding 100%.

According to the audit, Hacken conducted a comprehensive evaluation of MEXC's reserves using industry-standard methodologies, including Proof of Liabilities, Proof of Ownership, reserve sufficiency calculations, and Merkle-tree verification. MEXC's Proof of Reserves framework aggregates anonymized user balances and maps them to publicly verifiable on-chain holdings, enabling independent validation of solvency without compromising personal information. The auditor verified that MEXC maintains operational control over all wallets included in the assessment and confirmed that user balances are fully backed based on the assets reviewed.

The examination covered a broad range of networks, with reserve wallets identified across Bitcoin, Ethereum, Solana, TON, Tron, BNB Chain, Arbitrum, Optimism, Avalanche-C, Base, Polygon, Aptos and Sui. The report also provides detailed breakdowns of wallet addresses, balances, and asset distribution. The final reserve ratio table confirms that each major asset class is supported by reserves exceeding its liabilities.

Hacken reviewed outbound transactions from selected addresses as part of its Proof of Ownership procedures and validated the integrity of the Merkle-tree structure used to compute user liabilities. These transparency efforts are underpinned by MEXC's continuously refreshed Proof of Reserves framework and an independently maintained protection system, giving users and counterparties verified confirmation of reserve coverage, strict asset segregation, and real-time fund accessibility.