MEXC’s December Proof of Reserve shows over 100% support for BTC, USDT, USDC, and ETH, indicating that Hakken is auditing the exchange’s Merkle Tree-based validation system.
summary
- MEXC’s December PoR is reported to have a reserve ratio of 141% for BTC, 126% for USDT, 127% for USDC, and 107% for ETH, all with coverage ratios above 100%.
- The exchange holds 5,401.59 BTC, 2.32 billion USDT, 126.5 million USDC, and 57,457.10 ETH, secured through the Merkle Tree PoR system launched in February 2023.
- Security firm Hacken conducts and publishes independent monthly PoR audits as MEXC serves over 40 million users in over 170 countries.
Digital asset exchange MEXC has released its Proof of Reserve (PoR) report for December, confirming that all audited assets maintain at least 100% reserve coverage, according to a company statement.
According to the report, reserve ratios reached 141% for Bitcoin (BTC), 126% for Tether (USDT), 127% for USD Coin (USDC), and 107% for Ethereum in December, according to the report.
mexican reserves
According to the disclosure, the exchange holds 5,401.59 Bitcoin, 2.32 billion Tether (USDT), 126.5 million USD Coin (USDC), and 57,457.10 Ethereum in reserves.
MEXC launched a proof-of-reserve system in February 2023 that leverages a Merkle tree structure that allows users to independently check their balances while protecting the privacy of their accounts, the company said.
According to a statement, the exchange has expanded its collaboration with Hacken, an independent blockchain security and compliance firm, and now conducts and independently publishes PoR audits on a monthly basis.
You may also like: iRobot files Chapter 11 for Shenzhen Picea to take the lead
“Ensuring complete reserve reserves and maintaining transparency are core commitments at MEXC,” said Vuga Usi Zadeh, MEXC's Chief Operating Officer. “Through independent Proof of Reserve audits conducted monthly in partnership with Hacken, users can be confident that their assets are fully supported.”
The December 2025 Proof of Reserve report, including an independent audit by Hacken, is available on MEXC's Proof of Reserves page, the company announced.
Founded in 2018, MEXC serves more than 40 million users in more than 170 countries, according to company data. The platform offers access to digital assets with a focus on low transaction fees and carefully selected cryptocurrency tokens.
read more: Solana Price Forecast Stalls in a Tight Range as Bears Protect Major Moving Averages
