Seychelles-based crypto exchange MEXC said on Tuesday that it ranked first globally in silver futures liquidity in TokenInsight’s May 2026 Crypto Exchange Liquidity Report.
The report compared eight major exchanges on order book depth, slippage, and bid-ask spread. MEXC recorded the tightest XAG futures spread at 1.196 bps, against a range of 1.315 to 1.351 bps for competitors, and logged median slippage of 0.019% on 500,000 sell orders.
Volume and fee savings
MEXC said May trading volume reached $641 billion. Its 0-fee trading policy saved users $240 million across 949 pairs spanning spot and futures.
Reserve backing
The exchange published its May Proof of Reserves, independently audited by Hacken, showing reserve ratios of 293% for BTC, 123% for ETH, 117% for USDT, and 120% for USDC.
MEXC has made Hacken-audited reserve reports a monthly practice. In prior May coverage, the exchange said it planned to expand its Guardian Fund from $100 million to $500 million over the next two years.
