MEXC, a leading zero-fee cryptocurrency exchange, has published two key reports on the same day: its May 2026 Proof of Reserves (PoR) snapshot, independently audited by blockchain security firm Hacken, and its April 2026 Trading Highlights overview. The dual disclosures underscore the platform’s transparency and growing user engagement across both crypto and traditional finance markets.
The PoR report confirms that all major assets on MEXC are fully backed, with reserve ratios substantially above the 1:1 industry norm. Specifically, BTC reserves were 293% of user liabilities, ETH at 123%, USDT at 117%, and USDC at 120%. Hacken validated the Merkle Tree construction, wallet ownership, and the overall adequacy of reserves. MEXC continues to publish such verifiable proofs monthly, and separately announced an expansion of its Guardian Fund from $100 million to $500 million over the next two years, including the acquisition of 1,000 BTC to form a dual-reserve of USDT and long-term Bitcoin holdings.
The April trading report highlights a surge in user activity. The top 10 newly listed tokens averaged a 2,341% peak gain, up 1.6× from March, with new token volume per user rising 46% month-over-month. Leading performers included PROS (+5,433%) in real-world assets, GENIUS (+4,718%) in DeFi, and IPEPE (+3,500%) from the Meme+AI sector. Notably, these top gainers did not necessarily top the trading volume charts, indicating broad-based interest. On Ethereum, tokens like ASTEROID, FLORK, BLEND, and AI dominated volume, while other chains saw activity for GENIUS (BSC), CHIP (ARB), OPG (BASE), and UNC/BULL (Solana).
Traditional finance (TradFi) futures volume per user jumped 55% as easing US-Iran tensions prompted traders to rotate into precious metals and energy futures. XAUT, SILVER, USOIL, and UKOIL led the futures rankings, while EUR spot volume surged 98% month-over-month, holding 57% of the top 10 by volume. MEXC’s CEO, Vugar Usi, noted that users moved quickly across narratives and that the platform’s role is to make those transitions seamless.
