Malwarebytes Anti-Exploit protects you against the security vulnerabilities in the code, which make up your software programs. Your software contains millions of lines of code, which unfortunately some people want to exploit.
Malwarebytes Anti-Exploit protects you from these vulnerabilities which people can manipulate in order to infect your system with malware. The software gives you three layers of security protection around popular browsers and applications, thereby preventing the vulnerable code from being exploited.
The software is not an antivirus product in itself, but it is compatible with most antivirus software.