MEXC exchange launches $100 million insurance fund

The exchange will engage third-party audit organizations to manage the fund

MEXC exchange has launched a $100 million insurance fund

11.06.2025 - 14:05

3 min

What’s new? Leading centralized crypto exchange MEXC has launched a $100 million insurance fund to compensate users in the event of a hack or platform failure.

The fund’s wallet details

What else is known? The team has published wallet addresses on its website, allowing users to check balances and track the fund’s activity in real time. A separate portal will also provide information on the structure of the fund, scenarios covered, and current payouts.

The fund will offer coverage in cases where MEXC systems are directly compromised or affected by serious vulnerabilities.

Unlike traditional insurance models, which often require lengthy claims processes, MEXC will be able to immediately allocate resources to affected users once an incident is confirmed.

All compensation decisions will be reviewed and approved by a dedicated internal team that includes members of the risk control, compliance, and security departments. They will assess users for compliance and determine the amount of compensation based on the nature and extent of the losses.

The fund is currently managed solely by MEXC, but it is exploring partnerships with reputable third-party audit and risk management firms to increase transparency.

The size of the fund represents about 2,5% of MEXC’s daily trading volume. According to data from aggregator CoinMarketCap, the spot market figure was $3,98 billion in the last 24 hours.

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According to analyst Colin Wu, in April MEXC trading volume on the spot market amounted to $89,85 billion, and the volume of derivatives trading approached $1,2 billion. 28,8 million users visited the exchange, the main traffic came from Japan (11%), Brazil (10%), and the US (8%).

In May, it became known about MEXC’s plans to launch a $300 million ecosystem fund to support Web3 projects such as public blockchains, cryptocurrencies, and decentralized tools.

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