In a crypto ecosystem where transparency is paramount, MEXC Global has released its December 2025 Proof of Reserves (PoR) report, delivering a powerful message of solvency and user security. The latest independent audit, conducted by the renowned security firm Hacken, confirms that the exchange not only holds full reserves for user assets but maintains a significant safety buffer through over-collateralization.
The Numbers Speak: A Deep Dive into Reserve Ratios
The core of any Proof of Reserves audit lies in the reserve ratio—the percentage of user assets held in custody that the exchange actually has in its reserves. A 100% ratio is the baseline for trust. MEXC’s December report goes far beyond this benchmark:
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Bitcoin (BTC): 141% Reserve Ratio
The exchange holds 5,401.59 BTC in reserve, meaning for every 1 BTC owed to users, MEXC holds 1.41 BTC. This substantial over-collateralization for the flagship cryptocurrency is a strong bullish signal for user asset security. -
Ethereum (ETH): 107% Reserve Ratio
With 57,457.10 ETH in verified wallets, user Ethereum holdings are fully backed with an additional 7% buffer. -
Stablecoin Strength:
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Tether (USDT): 126% reserve ratio on a massive 2.32 billion USDT.
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USD Coin (USDC): 127% reserve ratio on 126.5 million USDC.
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These figures, all consistently above 100%, provide tangible, audited evidence that user funds on MEXC are not only safe but protected by an extra layer of financial cushion.
The Technology Behind the Trust: Merkle Tree Verification
Launched in February 2023, MEXC’s Proof of Reserve system isn’t a black box. It utilizes a Merkle Tree cryptographic structure. This allows individual users to independently verify that their specific account balance is included in the broader, audited reserve total—all without compromising personal account privacy. This move from “trust us” to “verify yourself” represents a gold standard in crypto exchange transparency.
The Role of Independent Audits: Hacken as the Gatekeeper
Third-party validation is critical. MEXC’s expanded partnership with Hacken ensures that these monthly PoR audits are not self-reported. Hacken independently conducts the verification and publishes the results, providing an objective, professional stamp of approval on the exchange’s solvency claims. This routine, transparent practice is key to rebuilding and maintaining trust in centralized exchanges (CEXs) post-industry setbacks.
Why This Matters for the Average Crypto User
For MEXC’s over 40 million users across 170+ countries, this report is more than a press release. It is a foundational pillar of security.
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Risk Mitigation: The over-collateralization acts as a financial buffer against extreme market volatility or unforeseen liabilities.
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Proof of Solvency: It definitively answers the question, “Does the exchange have the assets it says it does?”
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Industry Leadership: By committing to regular, transparent, and technologically sophisticated audits, MEXC sets a benchmark that pressures other platforms to follow suit, raising security standards industry-wide.
Conclusion: Transparency as a Non-Negotiable Standard
MEXC’s December report reinforces a vital trend: in the modern cryptocurrency market, Proof of Reserves and independent blockchain security audits are transitioning from a premium feature to a fundamental requirement. As stated by MEXC COO Vugar Usi Zade, ensuring full reserves is a “core commitment.”
For traders and holders prioritizing security, such transparent practices are a crucial factor in choosing where to entrust their digital assets. As the industry evolves, verified solvency and user-empowering technology will remain the cornerstones of a trustworthy crypto exchange.
The full December 2025 Proof of Reserves report and the independent Hacken audit are available for public review on MEXC’s official website.
