MEXC Unveils $100M Guardian Fund to Boost User Protection and Trust

Date:

MEXC, a Seychelles-based cryptocurrency exchange, has launched a $100 million Guardian Fund to strengthen user protection in the face of serious security threats, including large-scale exploits, targeted attacks, and system vulnerabilities. The fund is designed to offer swift compensation to affected users, enhancing platform trust and resilience.

To ensure transparency, MEXC has made the fund fully verifiable by publicly disclosing its wallet addresses on a dedicated webpage. This allows users to monitor fund balances, review transaction history, and track ongoing compensation cases—all in real time. The approach sets a new industry benchmark for visibility and accountability in risk management.

Unlike traditional third-party insurance, which often involves long claim processes, the Guardian Fund is flexible and responsive. Once a qualifying incident is verified, the fund can be deployed quickly to support impacted users without red tape.

“In light of recent industry breaches, the importance of robust user protection can’t be overstated,” said Tracy Jin, COO of MEXC. “This fund demonstrates our commitment to not just platform security, but also to transparent and timely user compensation.”

The Guardian Fund complements MEXC’s broader risk-mitigation framework, which includes a Proof of Reserves mechanism to guarantee 100% asset backing and a dedicated Insurance Fund Account for futures trading. Together, these systems reflect MEXC’s user-first philosophy and long-term commitment to exchange integrity.

This initiative follows earlier efforts like MEXC’s $300 million ecosystem development fund and the MEXC Launchpad, reinforcing the exchange’s dual mission of advancing blockchain innovation and protecting its growing global user base.

Read Also:VALR Partners with MoonPay to Expand Global Crypto Access Across Countries

Share post:

Subscribe

Recent Posts

Related posts

Cardano founder says politics could disrupt bitcoin’s price cycle

The long-standing belief that Bitcoin’s price follows a predictable...

MEXC launches global P2P push to expand stablecoin access across Africa

Global crypto exchange MEXC has announced a long-term peer-to-peer...

AfCFTA rolls out blockchain platform to simplify African trade

The African Continental Free Trade Area (AfCFTA) has introduced...

South Africa’s central bank flags crypto as systemic risk

The South African Reserve Bank has officially classified cryptocurrencies...