Dear MEXCers,
Following valuable feedback from the community, we initiated an internal review of the $LAMB project after its brief listing in the Innovation Zone. This report is to provide transparency regarding the key findings, actions taken, and steps we are implementing to prevent similar incidents in the future.
Event Timeline
March 30, 2026, at 13:00 (UTC) | MEXC opened the LAMB/USDT Spot trading pair in the Innovation Zone |
March 30, 2026, at 13:05 (UTC) | Fixed outdated information issue five minutes after listing |
March 30, 2026, at 16:45 (UTC) | Delisting of the LAMB/USDT trading pair, and initiated the compensation process for affected users. |
March 31, 2026, at 6:00 (UTC) | Compensation completed. |
- On March 30, 2026, at 13:00 (UTC), MEXC opened the LAMB/USDT Spot trading pair in the Innovation Zone.
- Shortly after listing, significant price volatility and abnormal trading activity were observed. We immediately contacted the project team to request explanations and supporting materials.
- During the review, we identified that certain project introduction details referenced previously used information (including the X account and contract address), affecting display accuracy. The issue was promptly identified and fully corrected within 5 minutes after listing (by 13:05 UTC, March 30, 2026). Importantly, all trading functions operated normally throughout this period, as all contract addresses for deposits, withdrawals, and trading remained correct. We apologize for any inconvenience this may have caused and will continue to enhance our internal review processes to further strengthen information accuracy.
- On March 30, 2026, at 16:45 (UTC), MEXC implemented delisting of the LAMB/USDT trading pair, canceled all open orders, and initiated the compensation process for affected users.
Actions Taken to Protect Users
To maximize user protection, MEXC took decisive risk control measures as follows:
- Delisted the LAMB/USDT trading pair at 16:45 (UTC) on March 30, 2026;
- Launched a compensation program for eligible users who purchased LAMB through the LAMB/USDT Spot pair between 13:00 and 16:45 (UTC) on March 30, 2026 ( For more details, please refer to this announcement).
- As of 06:00 UTC on March 31, 2026, the compensation process is complete.
Improvement Measures
MEXC is enhancing its listing and risk control framework through a combination of AI-driven tools and manual review, covering pre-listing due diligence, real-time monitoring, and post-event management:
- Strengthened evaluation of project fundamentals, including documentation, community activity, and promotional practices;
- Continuous monitoring of global risk signals and market intelligence;
- Real-time tracking of on-chain activity, token distribution, and price behavior.
Conclusion
User protection remains MEXC’s top priority. We will continue to refine our listing and risk control systems to provide a more secure and transparent trading environment.
Thank you for your continued support.
