On June 11, according to official news, MEXC announced the launch of a $100 million Guardian Fund, specifically designed to address platform security vulnerabilities, malicious attacks, and system risk threats, with key points as follows:
Transparent Operation and Verifiable Guarantees. The fund adopts a completely transparent operating model, with all wallet addresses publicly displayed on the MEXC website, allowing users to verify balances and transaction records in real-time through blockchain explorers. MEXC will establish a dedicated page for users to monitor the fund's status at any time.
Rapid Response Mechanism. Unlike the complex claims process of traditional third-party insurance, the Guardian Fund has sufficient funds and operates independently, avoiding lengthy waiting periods.
Robust Security System. Tracy Jin, MEXC's Chief Operating Officer, stated that the Guardian Fund reflects the platform's commitment to "security first, user-centric" principles. By combining existing reserve proof mechanisms and contract insurance funds, MEXC has built a comprehensive asset security protection system for users.
