Mercury has a terrestrial-like magnetosphere which is usually taken as a scaled-down-version of Earth’s magnetosphere with a similar current system. We examine Mercury’s magnetospheric current system based on a survey of Mercury’s magnetic field measured by the Mercury Surface, Space Environment, Geochemistry, and Ranging (MESSENGER) spacecraft as well as computer simulations. We show that there is no significant Earth-like ring current flowing westward around Mercury, instead, we find, for the first time, an eastward current encircling the planet near the night side magnetic equator with an altitude of ~500–1000 km. The eastward current is closed with the dayside magnetopause current and could be driven by the gradient of plasma pressure as a diamagnetic current. Thus, Mercury’s magnetosphere is not a scaled-down Earth magnetosphere, but a unique natural space plasma laboratory. Our findings offer fresh insights to analyze data from the BepiColombo mission, which is expected to orbit Mercury in 2025.