MEXC announced the launch of its VVIP Futures Loss Coverage Program 2.0, running from July 10 to July 30, 2026. The upgraded program features a 1,000,000 USDT prize pool intended for futures users.
The Loss Coverage Program 2.0 includes three enhancements. First, eligible VVIP users will receive same-day compensation on qualifying losing trades through the Losses Covered Instantly feature. Compensation levels vary according to the user’s VVIP status, with Elite VVIP users holding a credit score of 800 or above receiving immediate compensation upon triggering loss coverage.
Second, the Liquidation Protection feature allows users with eligible liquidated positions to claim up to 2,000 USDT in additional coverage. Third, the Lucky Lottery will award qualifying losing trades with lucky tickets, with additional tickets based on the size of losses. This lottery provides users a chance to share a 100,000 USDT prize pool.
The grand prize draw for the Lucky Lottery will be determined by the last six digits of the first Bitcoin block hash generated after July 31, 2026, at 12:00 (UTC). Prizes include a gold bar valued at 4,000 USDT, ten gold bars worth approximately 2,000 USDT each, ten gold bars worth around 1,200 USDT each, and futures bonus rewards of up to 500 USDT.
MEXC’s Futures Insurance Fund stood at over 759 million USDT as of July 10, 2026, providing an additional layer of protection against extreme market conditions. MEXC continues to enhance user experience and protection through a variety of mechanisms during market volatility.
Full event details and participation instructions are available on the MEXC VVIP Futures Loss Coverage Program 2.0 page.
