MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
MEXC, a pioneer in 0-fee digital asset buying and selling, has launched its July TradFi buying and selling knowledge. Monthly buying and selling quantity in Stock and Index Futures elevated by 64%, whereas the variety of accessible devices exceeded 285. Storage-related Futures quantity rose by greater than fivefold and accounted for practically 20% of complete TradFi Futures quantity for the month, making storage the most important contributor to progress in July.
Storage Emerges as the Main Growth Driver in Futures Trading
Trading tendencies throughout AI-related devices on MEXC diverged sharply in July. Storage-sector quantity elevated by 575% month over month, whereas computing-chip quantity declined by 18%, indicating a shift in buying and selling curiosity from computing chips towards knowledge storage.
Growth inside the storage section was concentrated amongst main names. SanDisk (SNDK) recorded a 1,573% month-over-month improve and ranked first by buying and selling quantity amongst Stock and Index Futures. Micron (MU) buying and selling quantity rose by 130%, putting it third, whereas SK Hynix (SKHYNIX) elevated by 1,274% to rank fifth, and Samsung (SAMSUNG) climbed by 1,406% to rank ninth. By distinction, NVIDIA buying and selling quantity declined by 38%, rating it tenth.
The shift might mirror rising market consideration past AI computing chips towards the storage layer of AI infrastructure. As AI coaching and inference require higher knowledge capability and extra high-bandwidth reminiscence, segments such as HBM and NAND are attracting elevated curiosity.
Trading curiosity within the AI sector additionally expanded past particular person shares to sector and regional market devices. The leveraged semiconductor ETF SOXL posted a 912% month-over-month improve and ranked seventh, whereas the leveraged South Korea ETF KORU rose by 3,044% to rank eighth, the most important improve among the many high 10 devices.
Beyond U.S. and South Korean shares, MEXC has additionally listed Japan’s Kioxia and China’s ChangXin Memory Technologies. Through particular person shares, {industry} ETFs, and regional market ETFs, customers can entry totally different elements of the worldwide AI worth chain with USDT from a single account, with out switching between a number of regional brokers.
Trading exercise additionally elevated in AI application-layer devices. Volume in robotics and automation rose by 129% month over month in July. However, the section stays comparatively small, and market participation remains to be at an early stage. On July 31, MEXC listed Pre-IPO Futures for Unitree Robotics, enabling customers to take part in buying and selling earlier than a possible public itemizing. With the continued addition of associated devices, MEXC TradFi Futures now span a number of elements of the AI worth chain, together with fashions, chips, storage, vitality, and robotics.
Outside the AI section, U.S. shares with shut ties to the crypto market additionally gained traction in July. Trading quantity throughout the group elevated by 66% month over month, led by Strategy (MSTR) at 85%, adopted by Coinbase at 59%, Circle (CRCL) at 48%, and Robinhood at 35%.
Tokenized Stocks Account for 62% of TradFi Spot Volume
Tokenized stocks turned the most important class inside MEXC’s TradFi spot market in July, accounting for 62% of complete spot buying and selling quantity. The variety of accessible devices elevated by 11% month over month.
Unlike the extra concentrated buying and selling exercise in Futures, spot-market exercise was distributed throughout a broader vary of themes. SpaceX (SPCX), essentially the most actively traded tokenized inventory, accounted for only one.7% of tokenized-stock quantity, whereas the highest 10 devices collectively represented lower than 9%.
The high 10 lined 9 classes: industrial house, stablecoins, storage, electrical autos, semiconductors, Bitcoin-related equities, software program, index ETFs, and AI servers. The distribution displays extra diversified buying and selling demand within the spot market.
MEXC now gives a stock-related product suite spanning Pre-IPO Futures, Stock and Index Futures, tokenized shares, and ActualStocks. The platform gives greater than 285 Stock and Index Futures, over 200 tokenized U.S. inventory devices, and entry to greater than 7,000 U.S. shares and ETFs by way of ActualStocks. Users can entry these totally different types of stock-related buying and selling utilizing USDT from a single account.
On August 8, MEXC launched its first annual model marketing campaign, MEXC 0808: Stock Season. During the marketing campaign, customers can commerce Stock Futures, tokenized shares, and ActualStocks with 0 buying and selling charges, alongside a complete prize pool of $500,000. The marketing campaign runs by way of August 28.
MEXC CEO Vugar Usi stated, “Interest throughout the AI worth chain and world fairness markets is evolving at an unprecedented tempo, as traders look past conventional asset boundaries for the subsequent era of alternatives. At MEXC, we consider entry ought to evolve with them. By combining 0-fee buying and selling, USDT settlement, two-way Futures, and broader asset protection, we’re lowering the friction of transferring between markets and constructing a extra related buying and selling expertise the place traders can uncover alternatives, categorical conviction, and handle publicity from one platform.”
About MEXC
MEXC is the world’s fastest-growing cryptocurrency alternate, trusted by greater than 40 million customers throughout 170+ markets. Built on a user-first philosophy, MEXC gives industry-leading 0-fee buying and selling and entry to over 3,000 digital property. As the Gateway to Infinite Opportunities, MEXC gives a single platform the place customers can simply commerce cryptocurrencies alongside tokenized property, together with shares, ETFs, commodities, and valuable metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
For media inquiries, please contact MEXC PR group: media@mexc.com
The publish MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times appeared first on Metaverse Post.
