MEXC Adds 1,000 BTC to Guardian Fund and Leads SOL, DOGE Liquidity

1 hour ago 3 sources positive

Key takeaways:

  • MEXC's second 1,000 BTC top-up signals exchange reserve transparency is becoming a competitive trust driver.
  • Deep SOL and DOGE liquidity may attract block orders, but off-spread depth remains a risk.
  • Watch if MEXC sustains SOL/DOGE liquidity leadership as SOL depth declines from 2025 levels.

MEXC, a global multi-asset trading platform founded in 2018 and serving users across 170+ markets, announced on September 30, 2026 that it has added another 1,000 BTC to its Guardian Fund. This marks the second major Bitcoin allocation this year and follows the exchange’s May commitment to expand the fund from $100 million to $500 million over two years. The fund now comprises 100 million USDT and 2,000 BTC, strengthening user protection reserves as the digital asset industry faces evolving security risks.

The latest addition continues MEXC’s strategy of treating user protection as a continuously reinforced system rather than a reserve established at a single point in time. MEXC said its Guardian Fund holdings are publicly traceable on-chain through disclosed wallet addresses, with separate addresses listed for the first and second BTC allocations. CEO Vugar Usi stated: "Security and user protection is not a one-time investment. It is a continuous commitment."

Separately, MEXC cited CoinGecko Research’s 2026 Crypto Liquidity on CEXes Report, which measured order book depth for the top five non-stablecoin assets—BTC, ETH, XRP, SOL and DOGE—across eight exchanges over 60 days from July 6 to September 3, 2026. MEXC recorded the highest market-price liquidity for both SOL and DOGE among the studied exchanges.

For SOL, MEXC posted approximately $934,000 in order book liquidity at the market price, the highest among the eight exchanges. The report noted that SOL liquidity became more evenly distributed across exchanges despite an overall decline from 2025 levels, while Bitget and Coinbase had greater depth past the ±$0.20 range. For DOGE, MEXC recorded more than $443,000 at the market price; only Binance, MEXC and OKX exceeded $200,000. MEXC regained the lead past the ±$0.0006 range, surpassing Binance and Bitget, and liquidity leveled off at roughly $2 million on each side beyond the ±1% interval.

On August 21, during DOGE market shifts, MEXC remained among venues showing substantial depth across the order book, and its traders placed larger block orders around key price levels. CEO Vugar Usi added that deep liquidity is central to lowering barriers to trading and providing more efficient access to global market opportunities.

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