MEXC Launches $100M Security Fund
MEXC Launches $100M Guardian Fund to Protect Users
Cryptocurrency exchange MEXC Global has launched a $100 million Guardian Fund to compensate users affected by security breaches, hacks, or technical failures. This initiative, announced June 11, 2025, underscores MEXC's commitment to user security and transparency.
The fund's transparent operation is a key feature. Wallet addresses and real-time balances will be publicly available on the MEXC website. A dedicated team from MEXC's risk control, compliance, and security departments will manage the fund's operations, ensuring swift and efficient compensation.
Transparent and Swift Compensation
The Guardian Fund covers losses resulting from significant security breaches, including platform compromises and system risks. MEXC's internal team will manage the claims process, guaranteeing a responsible and effective payout system. Users can verify the fund's integrity through publicly available wallet information.
This level of transparency sets a new standard in the crypto industry, where security remains a critical concern. The fund's design prioritizes swift action to support affected users.
MEXC's Growth and User Focus
MEXC, founded in 2018, boasts over 40 million users across 170 countries. The exchange prioritizes secure and convenient trading, as evidenced by its recent 46% growth in trading volume in May 2025 and a 33% increase in user base to 40 million. Initiatives like launchpads and airdrop campaigns further demonstrate MEXC's user-centric approach.
The Guardian Fund reinforces MEXC's position as a user-first exchange, addressing growing concerns about exchange security in the wake of high-profile hacks.
Industry Context and User Benefits
The crypto exchange industry faces increasing scrutiny regarding security measures. MEXC's $100 million fund directly addresses these concerns, offering users peace of mind. The fund provides a clear, responsive system to mitigate financial risks in a volatile market.
MEXC's commitment to security extends beyond the Guardian Fund. Partnerships, such as the recent collaboration with The Open Network (TON), highlight the exchange's focus on innovation and user experience.
Note: Codeum, a blockchain security and development platform, offers comprehensive services including smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies. These services can significantly enhance the security and reliability of blockchain projects.