MEXC, a leading global cryptocurrency exchange, has announced the launch of a $100 million Guardian Fund aimed at bolstering user protection against security threats and setting a new standard for transparency in the crypto industry. The initiative, unveiled today, is designed to safeguard users from major platform breaches, hacks, and system vulnerabilities, reinforcing MEXC’s commitment to trust and accountability.
The Guardian Fund, representing approximately 2.5% of MEXC’s daily trading volume, will compensate users in the event of significant security incidents, such as infrastructure compromises or large-scale targeted attacks. Unlike traditional insurance models with lengthy claims processes, MEXC’s fund is structured for rapid deployment, ensuring swift support for affected users.
“At MEXC, we take security seriously—and we take action,”
Tracy Jin, COO of MEXC
“This isn’t just about promises—it’s about delivering visible safeguards when they matter most.”
Due to transparency, MEXC has made all fund wallet addresses publicly available on its website, allowing users to verify balances and monitor transactions in real time via blockchain explorers. A dedicated webpage will provide comprehensive details on the fund’s structure, covered scenarios, and active compensation cases, empowering users with full visibility. This on-chain transparency set MEXC apart in an industry often criticized for opaque practices.
The launch comes amid a surge in crypto-related hacks, with over $1.6 billion stolen in Q1 2025 alone, including a $1.5 billion exploit linked to North Korea’s Lazarus Group targeting centralized exchange Bybit. MEXC’s proactive response underscores its focus on user safety in an evolving threat landscape.
Currently managed in-house by a dedicated team from MEXC’s risk control, compliance, and security departments, the fund may see future partnerships with third-party auditing and risk management firms to further enhance oversight. This aligns with MEXC’s broader security framework, which includes a Proof of Reserves mechanism ensuring 100% asset backing and an Insurance Fund Account for futures trading losses.
Founded in 2018, MEXC serves over 40 million users across 170+ countries, offering a user-friendly platform with low fees, trending tokens, and frequent airdrop opportunities. The Guardian Fund marks a significant step in its mission to be “Your Easiest Way to Crypto” while prioritizing simplicity, innovation, and robust security.
For more details on the Guardian Fund, visit MEXC’s official website.
