MgO–SiC–C refractories with superior hot strength, oxidation resistance and slag resistance have potential to become substitute refractories for matte smelting furnace. In the present work, the influence of glass powder addition on phase compositions, hot strength, oxidation resistance, and slag resistance of MgO–SiC–C refractories was investigated. The liquid phase introduced by glass powder filled the pores, blocking the channel for the ingress of the oxygen and thus improving the oxidation resistance. Although the oxidation resistance of such refractories was improved with 1–3 wt% glass powder addition, their hot strength and slag corrosion resistance decreased when the glass powder content was 2–3 wt%. To balance the mechanical properties, oxidation resistance and slag resistance, low amount glass powder addition (1 wt%) was considered better choice.