MEXC: New Independent Audit Confirms Total Security of User Funds

MEXC, the fastest-growing cryptocurrency exchange platform globally, has announced the release of its latest independent Proof of Reserves (PoR) report, conducted by the blockchain security and audit firm Hacken.

This audit, completed on November 26, 2025, confirms that MEXC holds sufficient on-chain reserves to fully cover all user liabilities, with a coverage ratio exceeding 100% for major digital assets such as BTC, ETH, USDT, and USDC.

In-Depth Audit and Advanced Verification Methodologies

The analysis conducted by Hacken was based on industry-recognized methodologies, including Proof of Liabilities, Proof of Ownership, reserve sufficiency calculations, and verification via Merkle-tree.

The Proof of Reserves framework adopted by MEXC aggregates user balances anonymously and links them to publicly verifiable on-chain reserves, thus allowing for independent validation of the platform’s solvency without compromising user privacy.

During the audit, Hacken verified that MEXC maintains full operational control over all wallets included in the analysis and confirmed that user balances are fully backed by the assets held.

The examination covered a wide range of blockchain networks, including Bitcoin, Ethereum, Solana, TON, Tron, BNB Chain, Arbitrum, Optimism, Avalanche-C, Base, Polygon, Aptos, and Sui.

Details on Reserves and Total Transparency

The report provides a detailed breakdown of wallet addresses, balances, and asset distribution. The final reserve ratio table confirms that each major asset is backed by reserves exceeding the respective liabilities.

Hacken also examined the outgoing transactions from selected addresses as part of the Proof of Ownership procedures and validated the integrity of the Merkle-tree structure used to calculate user liabilities.

These transparency efforts are reinforced by a constantly updated Proof of Reserves framework and an independent protection system, providing users and counterparties with verified assurance of reserve coverage, strict asset segregation, and real-time fund accessibility.

Ongoing Commitment to User Security and Trust

Vugar Usi, COO of MEXC, stated:

“At MEXC, we are fully committed to transparency and security, and this report once again demonstrates our unwavering dedication to the total security of user funds. Independent reviews of Proof of Reserves are now a standard and ongoing practice in our operational framework. We will continue to collaborate with established auditing firms like Hacken to provide our users with verifiable assurance that their assets are fully secured.”

Hacken, for its part, emphasizes how MEXC’s reserve structure demonstrates full solvency, including obligations outside the exchange. The report highlights the correct implementation of the PoR methodology, the quality of the data provided, the diversification of assets held, and the high level of accountability towards users.

Response to the Industry’s Transparency Needs

A spokesperson for Hacken commented:

“We have witnessed a growing demand for transparency in the cryptocurrency industry over the past year, and the results of MEXC’s audit reflect this change. Our review confirmed that the exchange has sufficient reserves and a clear reserve management structure. In an environment where trust is built only through verifiable data, MEXC demonstrates the willingness to operate transparently and to back up its commitments with facts, not just words.”

Hacken further emphasizes that the results serve as a testament to the responsible financial management practices adopted by MEXC, as well as the company’s dedication to transparency and accountability.

MEXC: A Global Benchmark for Reliability and Innovation

Regular reviews of Proof of Reserves remain central to MEXC’s long-term strategy to strengthen trust and elevate industry standards.

With the growing global demand for accountability and compliance in cryptocurrency trading, verified transparency of reserves has become essential to building user trust and demonstrating genuine financial resilience.

The publication of the latest independent audit by Hacken significantly strengthens MEXC’s position as a global benchmark for trust, transparency, and resilience, setting a new gold standard for accountability in the global crypto ecosystem.

MEXC: A Platform for Everyone

Founded in 2018, MEXC set out to be “Your Easiest Way to Crypto”. With over 40 million users in more than 170 countries, MEXC stands out for its wide selection of trending tokens, daily airdrop opportunities, and some of the lowest trading fees in the industry.

The platform, designed to be user-friendly, supports both new traders and experienced investors, providing secure and efficient access to digital assets. Simplicity and innovation are the pillars on which MEXC builds an accessible and rewarding trading experience.

Hacken: Security Assurance for Web3

Hacken, a blockchain auditing company with over 60 certified engineers, is dedicated to making Web3 a safer environment.

Since 2017, it has collaborated with over 1,500 projects, offering services ranging from smart contract and protocol audits to bug bounties and security assessments. The collaboration with MEXC represents a further step forward in promoting high standards of security and transparency in the cryptocurrency sector.

MEXC thus confirms itself as one of the most reliable and transparent platforms in the global cryptocurrency landscape, thanks to a constant commitment to user security and reserve management that exceeds the standards required by the market.