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MEXC has added nearly $390 million to its reserves since February, a move that signals rising trust in the platform. The crypto exchange released its April 2025 Proof of Reserves report on Wednesday, confirming that all user funds remain fully backed on-chain.
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According to the report, MEXC now holds reserve ratios above 100% across all major cryptocurrencies. This ensures that users can withdraw their funds at any time without delay. The increase reflects a wave of capital inflows and growing activity on the platform.
Between February and April, MEXC boosted its Bitcoin and Ethereum reserves by 1,649.72 BTC and 21,264.46 ETH, respectively. At current prices, that is worth more than $179 million. These gains come as more users shift funds into trusted exchanges with transparent audit systems.
Tracy Jin, MEXC’s Chief Operating Officer, highlighted the value of the platform’s reserve growth. “The substantial increase in our reserves over the past two months reflects growing confidence in MEXC’s platform during recent market conditions,” she said. “With nearly $390 million in added value to our reserves, we’re not just maintaining our commitment to user security — we’re strengthening it.”
The platform continues to publish Proof of Reserve audits every two months. These reports allow users to verify, via blockchain, that their balances are fully backed. MEXC’s latest audit showed no meaningful gap between on-chain data and the exchange’s internal records.
“Transparency is not just a policy at MEXC,” Jin added. “It’s a fundamental principle guiding our operations.”
MEXC protects user funds through several layers of security. These include cold wallet storage, an insurance fund, and frequent audits. Over 100% reserve backing is standard, meaning every user deposit is matched — and then some — by real on-chain assets.
Beyond asset security, MEXC continues to focus on features that appeal to both new and experienced traders. The platform now supports over 3,000 listed tokens, more than any major competitor. In 2024 alone, MEXC hosted over 2,000 airdrop events, distributing $136 million in rewards.
The platform also offers some of the lowest trading fees in the market, helping users keep more of their gains. High liquidity ensures that trades are executed smoothly, even during market swings.
These offerings have helped MEXC build a global user base. More than 36 million users now trade on the platform, making it one of the most active exchanges in the industry.