Global cryptocurrency exchange MEXC has expanded its partnership with blockchain security firm Hacken to introduce monthly, independently verified Proof-of-Reserves (PoR) audits. This initiative marks a significant step toward stronger transparency and accountability across its platform.
The move formalizes what had previously been a security-focused relationship, evolving it into a comprehensive verification framework designed to assure users that their assets are fully backed.
Proof-of-Reserves Data and User Verification
According to MEXC, its latest PoR data shows that reserves for major digital assets remain above 100%. This ensures that all customer deposits are fully supported on a one-to-one basis.
Users can independently verify their holdings at any time through the exchange’s Merkle Tree system, which provides cryptographic proof via a dedicated verification page.
Hacken's Role and Expertise
Hacken, founded in 2017, is widely recognized as one of the most prominent security and compliance partners in the blockchain sector. The firm combines Web3-native expertise with enterprise-grade testing capabilities.
Hacken has been trusted by more than 1,500 organizations, including the European Commission, MetaMask, the Ethereum Foundation, ADGM, and Binance. Its role in the expanded partnership is to bring external, institutional-level oversight to MEXC’s reserves.
Audit Process and Publication
Under the agreement, Hacken will conduct monthly audits comparing MEXC’s on-chain reserves against total user balances across major assets. Each report will be published independently and without editorial input from MEXC, creating a public, tamper-proof record of the exchange’s financial position over time.
The first audit results are expected by the end of November.
Commitment to User Protection
The strengthened collaboration builds on Hacken’s earlier 2025 audit of MEXC’s mobile application, expanding the scope from periodic technical assessments to ongoing financial transparency. MEXC states that this shift reflects its long-term commitment to user protection, especially as the sector demands higher standards following recent industry failures.
By institutionalizing monthly PoR audits, MEXC positions itself among a small cohort of exchanges adopting frequent, third-party reserve validation. This practice is increasingly viewed by analysts as essential for rebuilding trust in the digital asset ecosystem.