MEXC Sets Up $100M Emergency Fund to Protect Users From Major Security Incidents

Crypto exchange MEXC has launched a $100 million protection reserve to safeguard users in case of platform-level breaches or critical failures, positioning itself as one of the few players in the space offering real-time compensation for technical breakdowns or hacks.

The initiative is designed for rapid deployment without the typical delays of traditional insurance. If a security breach is confirmed, a dedicated internal team—spanning risk, compliance, and cybersecurity—will quickly assess the incident and determine compensation based on the losses.

Unlike other platforms that keep such mechanisms opaque, MEXC has made wallet addresses linked to the fund publicly available and plans to expand oversight through potential third-party audit partnerships.

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The fund currently equals around 2.5% of MEXC’s daily trading volume, which recently surpassed $3.9 billion, according to CoinMarketCap data.

This move follows a string of high-profile attacks across the industry. In early 2025 alone, over $1.6 billion in crypto was stolen, most of it linked to a single exploit allegedly tied to North Korea’s Lazarus Group.

MEXC’s leadership says the fund is about more than optics—it’s about accountability in an industry still grappling with persistent security threats.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.