MEXC, a leading global cryptocurrency exchange, has announced an expanded partnership with Hacken, solidifying monthly Proof of Reserves (PoR) audits as a standard operational practice. This strategic move transforms an existing security relationship into a comprehensive transparency framework, aiming to provide users with consistent, independent verification of asset backing.
MEXC's latest Proof of Reserves data indicates that major asset reserves consistently remain above 100%, assuring users that all their deposits are fully backed. Users have the capability to independently verify their holdings at any moment through MEXC’s Merkle Tree system. This system offers cryptographic proof of reserves accessible on a dedicated verification page.
To further bolster transparency and accountability, the new monthly audits conducted by Hacken will work in tandem with this user-facing infrastructure. These audits will provide independent, expert verification, adding a crucial layer of institutional oversight to MEXC’s publicly available reserve data. The inaugural audit report is anticipated by the end of November. Hacken will function as an independent external auditor, making reserve verification reports publicly available without any editorial influence from MEXC.
Each monthly report will meticulously verify MEXC's reserves against user balances for all major digital assets. Hacken will publish these reports publicly, thereby establishing an auditable record of the exchange's financial position over time. This sustained scrutiny is designed to address a significant gap in current industry practices, delivering enhanced transparency standards in conjunction with MEXC’s ongoing monthly PoR reports.
This collaboration represents a deepening of the existing partnership, which initially began with Hacken's comprehensive security audit of MEXC's mobile application in 2025. The expansion signifies a substantial evolution in scope, shifting the focus from periodic system audits to consistent, monthly reserve verification. MEXC's commitment to regular independent audits establishes a clear benchmark for operational transparency, underscoring the exchange’s enduring dedication to user protection and accountability.
About MEXC
Founded in 2018, MEXC is dedicated to being "Your Easiest Way to Crypto." Serving a global community of over 40 million users across more than 170 countries and regions, MEXC is recognized for its extensive selection of trending tokens, frequent airdrop opportunities, and competitive trading fees. The platform is engineered with a user-friendly interface, catering to both novice traders and seasoned investors by offering secure and efficient access to digital assets. MEXC places a strong emphasis on simplicity and innovation, striving to make cryptocurrency trading more accessible and rewarding for everyone.
About Hacken
Hacken operates as an end-to-end blockchain security and compliance partner for digital assets. Distinct from traditional providers, Hacken's origins are rooted in blockchain technology, enabling it to combine profound Web3 expertise with enterprise-grade quality, advanced AI-powered offensive security capabilities, and globally recognized certifications. Since its inception in 2017, Hacken has earned the trust of over 1,500 adopters, including prominent entities such as the European Commission, ADGM, MetaMask, Ethereum Foundation, and Binance, in their mission to secure the evolving digital frontier.
Hacken delivers top-tier, blockchain-native expertise and established credibility to assist organizations in securing their infrastructure and confidently navigating modern digital asset regulations.