MEXC’s December Proof of Reserve indicates over 100% backing for BTC, USDT, USDC, and ETH, with Hacken responsible for auditing the exchange’s Merkle Tree-based verification system.
Summary
- MEXC’s December PoR shows reserve ratios of 141% for BTC, 126% for USDT, 127% for USDC, and 107% for ETH, all exceeding 100% coverage.
- The exchange holds 5,401.59 BTC, 2.32 billion USDT, 126.5 million USDC, and 57,457.10 ETH, secured by a Merkle Tree PoR system initiated in February 2023.
- Independent security firm Hacken conducts and releases monthly PoR audits as MEXC serves over 40 million users in more than 170 countries.
The digital asset exchange MEXC has released its December Proof of Reserve (PoR) report, affirming that all audited assets are backed by over 100% reserve coverage, per the company’s announcement.
The reserve ratios for December are 141% for Bitcoin (BTC), 126% for Tether (USDT), 127% for USD Coin (USDC), and 107% for Ethereum, according to the report.
MEXC reserves
The exchange’s reserves consist of 5,401.59 Bitcoin, 2.32 billion Tether (USDT), 126.5 million USD Coin (USDC), and 57,457.10 Ethereum, as disclosed.
MEXC implemented its Proof of Reserve system in February 2023, employing a Merkle Tree framework that enables users to verify their balances independently while preserving account privacy, the company stated.
The exchange has enhanced its collaboration with Hacken, an independent blockchain security and compliance firm, which is now responsible for conducting and independently publishing monthly PoR audits, according to the announcement.
“Guaranteeing full reserves and upholding transparency are fundamental principles at MEXC,” remarked Vugar Usi Zade, Chief Operating Officer of MEXC. “Through our monthly independent Proof of Reserve audits with Hacken, users can verify that their assets are fully supported.”
The December 2025 Proof of Reserve report, along with Hacken’s independent audit, is accessible on MEXC’s Proof of Reserves page, the company reported.
Established in 2018, MEXC caters to over 40 million users spanning more than 170 countries, according to internal data. The platform offers access to digital assets, focusing on low trading fees and a variety of cryptocurrency tokens.
