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MEXC May–June Report: 750M+ USDT Futures Insurance Fund & 100% Asset Reserves
MEXC, a pioneer in 0-fee digital asset trading, today released its May–June bimonthly security report, reinforcing its role as a trusted global gateway where security and trust always come first. The audit indicates that MEXC's Futures Insurance Fund surpassed a landmark threshold of 750 million USDT as of June 29, marking a substantial 34% expansion over the preceding reporting period. Concurrently, reserve verification data confirm that the coverage ratios for BTC, ETH, USDT, and USDC all remained safely above 100%, with Bitcoin delivering a reserve ratio of 269.35%.
During May–June, crypto security incidents remained elevated across the industry. According to aggregated data from major blockchain monitoring agencies, 142 independent security incidents were confirmed during the period, resulting in approximately US$194 million in verifiable financial losses. DeFi security incidents accounted for 55% of total incidents, with related losses of approximately US$150 million. Cross-chain bridges, private key management, and user endpoints emerged as the three major weak points in the industry’s security landscape during the period.
Against this backdrop, asset reserve transparency and risk-buffering capacity have become important foundations for user protection across trading platforms.
Futures Insurance Fund Grows to 751 Million USDT
Quantifying this safety buffer, the total balance of MEXC Futures Insurance Fund reached 751 million USDT by the June 29 close, marking a net capital inflow of over 191 million USDT relative to the prior bimonthly disclosure. This dedicated capital reserve serves as a primary systemic countermeasure designed to absorb unexpected liquidation slippage during periods of heightened market volatility.
By neutralizing excess delta risk, the fund systematically reduces the likelihood of activating Auto-Deleveraging (ADL) protocols, thereby ensuring orderly clearing conditions across all active derivatives markets. Real-time solvency tracking and live reserve balances remain continuously auditable via the public MEXC Proof of Trust interface.
Major Assets Continue to Maintain Excess Reserves, with BTC Reserve Ratio Reaching 269.35%
In addition to providing a risk buffer for the futures market, MEXC continues to enhance asset transparency through its Proof of Reserves mechanism, allowing users to verify asset backing directly on-chain.
As of the reporting date, reserve ratios for major assets were as follows:
- BTC: Reserve ratio of 269.35%, with 12,656.63 BTC held in wallets, corresponds to 4,698.90 BTC in user assets.
- ETH: Reserve ratio of 118.14%, with 77,527.30 ETH held in wallets.
- USDT: Reserve ratio of 113.95%, with approximately 2.139 billion USDT held in wallets.
- USDC: Reserve ratio of 125.41%, with approximately 95.41 million USDC held in wallets.
These reserve figures are publicly verifiable through on-chain wallet addresses and MEXC's Merkle Tree-based Proof of Reserves system, enabling users to independently verify asset coverage.
Maintaining platform-wide custody standards, the MEXC Guardian Fund continues to operate its rigorous dual-reserve architecture consisting of USDT and BTC allocations. Every underlying crypto-asset remains fully segregated, verifiable, and tied to on-chain addresses that are permanently open to public audit. The strategic asset expansion roadmap previously disclosed by the corporate risk team remains fully underway.
Guardian Fund Wallet Addresses:
- USDT: https://etherscan.io/address/0x469AfE803C54A36674C55231489Cf4b61da8c1bC#tokentxns
- BTC: 1MDVjZdX8QD212pT8Z8EMP7DuFQHKqN3mx
From risk identification to asset recovery, throughout the Entire Trading Journey
During May–June, user-side attacks also continued to increase. Phishing scams and endpoint & supply chain security incidents resulted in approximately US$28.59 million in related losses, highlighting the growing importance of account risk identification, external support for suspicious fund investigations, and asset recovery capabilities.
In terms of related user protection mechanisms, risk mitigation within the MEXC infrastructure extends far beyond baseline asset reserves, integrating advanced account risk identification, external forensic investigations into funds, and systematic recovery protocols for misdirected transfers.
During the May–June performance window, the platform's financial intelligence unit successfully flagged and restricted 9,518 accounts linked to organized illicit syndicates, effectively dismantling 4,394 distinct fraudulent networks.
Geographically, these illicit operations exhibited high concentration vectors within two primary jurisdictions:
- Commonwealth of Independent States (CIS) Region: 2,096 fraudulent networks neutralized.
- Indonesia: 1,229 fraudulent networks neutralized.
In parallel with internal containment, MEXC significantly expanded its judicial and law-enforcement cooperation protocols. The compliance department processed 497 external statutory investigation requests, which included the successful execution of 53 judicial asset-freezing mandates. Furthermore, the platform's real-time transaction monitoring systems intercepted 7 high-risk inbound illicit fund transfers, freezing a total of 303,277 USDT before it could contaminate the exchange's broader liquidity pools.
Addressing user-side transactional errors, MEXC manually processed 812 individual asset recovery requests involving erroneous cross-chain deposits and misdirected transfers, successfully remediating assets valued at 343,515 USDT. Every sub-case was subjected to a dual-layer review protocol that combined manual asset verification with on-chain forensic auditing. Compliance teams deployed advanced multi-ledger cross-chain tracing techniques to locate, isolate, and safely return the misrouted capital to its rightful owners.
Vugar Usi, CEO of MEXC, said, "True trust is not built on promises made before risks emerge, but on whether protection remains visible and verifiable when challenges arise. With our Futures Insurance Fund surpassing 750 million USDT, together with publicly verifiable Proof of Reserves, we are reinforcing MEXC's role as a trusted global gateway where security and trust always come first, ensuring all user's assets are safeguarded."
About MEXC
MEXC is the world's fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website| X | Telegram |How to Sign Up on MEXC
Contact
MEXC PR team[email protected]
Source article: https://chainwire.org/2026/07/17/mexc-may-june-report-750m-usdt-futures-insurance-fund-100-asset-reserves/
J.Horn--BTB