The Japan Times - MEXC Launches VVIP Futures Loss Coverage Program 2.0 with 1,000,000 USDT Prize Pool

The Loss Coverage Program 2.0 introduces three key enhancements. Losses Covered Instantly gives eligible VVIP users same-day compensation on qualifying losing trades, with coverage chances and limits tiered according to VVIP level. Elite VVIP users with a credit score of 800 or above enjoy real-time compensation upon triggering loss coverage. Liquidation Protection allows users with eligible liquidated positions to receive up to 2,000 USDT in additional coverage. The Lucky Lottery allows qualifying losing trades to earn users' lucky tickets, with additional tickets awarded based on loss size, giving ticket holders a chance to share a 100,000 USDT prize pool.

To ensure a transparent and verifiable result, the Lucky Lottery grand prize draw will be determined using the last six digits of the first Bitcoin block hash generated after July 31, 2026, 12:00 (UTC). Prizes include a grand prize gold bar valued at 4,000 USDT, ten gold bars valued at approximately 2,000 USDT each, ten gold bars valued at approximately 1,200 USDT each, and futures bonus rewards of up to 500 USDT.

As a one-stop trading platform, MEXC offers users access to a wide range of assets—including cryptocurrencies, US equities, gold, silver, and more—alongside a growing suite of protective mechanisms designed to support users through market volatility. In addition, MEXC Futures Insurance Fund stood at over 759 million USDT as of July 10, 2026, providing an additional layer of protection against extreme market conditions. These reflect MEXC's continued commitment to user experience and protection.

Full event details and participation are available on the MEXC VVIP Futures Loss Coverage Program 2.0 page.

About MEXC

MEXC is the world's fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

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Source article: https://chainwire.org/2026/07/10/mexc-launches-vvip-futures-loss-coverage-program-2-0-with-1000000-usdt-prize-pool/

K.Hashimoto--JT