Following the launch of LAMB276 (LAMB) on MEXC, the market experienced significant price fluctuations with notable deviations. To ensure market stability, MEXC suspended LAMB spot trading at 16:45:00 on Mar 30, 2026 (UTC).
MEXC has taken prompt measures to protect users and maintain a fair trading environment. The platform will proceed with the delisting of LAMB and provide reasonable compensation to eligible users. Details are as follows:
- LAMB deposits and withdraws have been closed. Please do not make deposits to avoid any asset losses.
- MEXC delisted LAMB and canceled all pending orders at 16:45:00 on Mar 30, 2026 (UTC).
Compensation Eligibility:
Users who purchased LAMB through the LAMB/USDT Spot trading pair between 13:00:00 on Mar 30, 2026 (UTC), and 16:45:00 on Mar 30, 2026 (UTC) will have their LAMB tokens reclaimed by the platform and receive USDT equivalent as compensation. Details are as follows:
- Users who purchased but did not sell:
Scope: This applies to users who bought LAMB before 16:45:00 on Mar 30, 2026 (UTC), and did not sell their holdings.
Compensation: The platform will refund the amount spent on the purchased LAMB based on the user's buying price and reclaim all unsold LAMB tokens from the user's account.
- Users who bought and sold LAMB at a loss:
Scope: Applies to users who bought LAMB and incurred a loss when selling it fully or partially.
Compensation: The platform will fully compensate the loss incurred from the buy and sell transactions to protect users' rights.
Calculation Example: Assume User A buys 1,000 LAMB at $0.10, then sells 500 LAMB at $0.05 when the price drops.
- Compensation for trading loss: Loss = (Buy Price - Sell Price) × Amount Sold = ($0.1 - $0.05) × 500 = $−24.9
- Reclaiming unsold portion: The platform will reclaim the remaining 0.5 LAMB at the buy price of $0.1: $0.1 × 500 = $50
The user will receive $24.9 as compensation for the trading loss, and $50 for the unsold LAMB, totaling $74.9.
Compensation Timeline:
- Compensation will be completed within 14 days. Users can log into their accounts to check the status of their compensation once processed.
MEXC is committed to prioritizing our customers above all else. If you have any questions, please contact our online customer service. Thank you for your understanding and support.
