MEXC names Vugar Usi CEO to spearhead global expansion after strong growth and $1B returned

MEXC appointed Vugar Usi as its chief executive officer, saying the leadership change will drive a global “Infinite Opportunities” vision and support accelerated international expansion ^{[1] [2] [3]}.

The announcement coincided with MEXC’s 8th anniversary and followed metrics the exchange highlighted: returning $1 billion to users through its zero-fee model, entering the world’s Top 5 exchanges by trading volume, and reporting 90.9% year‑over‑year growth ^{[2] [4] [1]}.

MEXC described the CEO transition as the start of a strategic brand evolution intended to accelerate the platform’s growth and product development under Usi’s leadership ^{[1] [3]}.

The company published the appointment and related growth figures on April 8, 2026, in its public announcement ^{[1] [2]}.