MEXC Reports 21% MoM Growth in New-Token Traders and 31% Increase in Tokenized Stock Trading Volume in August
MEXC, a pioneer in 0-fee digital asset buying and selling, has launched its August buying and selling knowledge for brand spanking new tokens and TradFi belongings. The variety of customers buying and selling new tokens rose 21% month over month, whereas the top-performing token posted a peak acquire of 14,143%. During the identical interval, TradFi Spot buying and selling quantity elevated 13% month over month, led by a 31% rise in tokenized inventory buying and selling quantity. From early-stage tokens to tokenized shares, buying and selling exercise on MEXC expanded throughout each crypto and conventional asset markets in August.
In the new-token market, the variety of customers buying and selling new tokens on MEXC rose 21% month over month in August. The prime 10 tokens by peak acquire recorded a median peak acquire of three,358%, up 145% month over month, with Niu Lai (牛来) rating first at 14,143%. Five of those tokens additionally ranked among the many prime 10 by Spot buying and selling quantity, collectively accounting for 65% of buying and selling quantity among the many prime 10 new tokens by quantity. Among the highest 10 tokens by buying and selling quantity, 5 memecoins contributed 55% of whole quantity, whereas AI, RWA, DeFi, and cross-chain infrastructure initiatives accounted for the remaining 45%. While memecoins led buying and selling exercise, utility-focused initiatives throughout AI, RWA, and DeFi additionally attracted robust curiosity.
During the identical interval, TradFi Spot exercise expanded additional into stock-related belongings. Tokenized inventory buying and selling quantity rose 31% month over month in August, making it the primary driver of TradFi Spot development. Tokenized shares together with CRCL, NBIS, and SPCX ranked among the many prime 10 belongings by buying and selling quantity. Gold-related belongings additionally remained energetic, with GOLD (PAXG) buying and selling quantity rising 43% month over month and rating first in TradFi Spot.
Precious metals Futures confirmed a clearer divergence. Trading quantity rose 32% month over month in August, protecting valuable metals the biggest asset class by quantity in TradFi Futures. XAU quantity elevated 57% and SILVER rose 39%, whereas XAUT declined 10%. This signifies development was concentrated primarily in XAU and silver-related belongings moderately than unfold evenly throughout the class.
As buying and selling demand grew throughout each crypto and conventional markets, MEXC supported participation by means of a variety of campaigns and product entry factors. During the month, the platform launched three flagship campaigns targeted on TradFi, xStocks, and MOVE, every with a complete prize pool of 1 million USDT. The “TradFi Million-Dollar Gala” attracted greater than 174,000 registrations and generated a median every day buying and selling quantity of 4.2 billion USDT. The xStocks flagship marketing campaign featured tokenized shares together with NVDAX, CRCLX, and TSLAX, additional increasing person entry to markets linked to conventional belongings.
MEXC CEO Vugar Usi mentioned, “Whether customers are early-stage tokens, shares, or valuable metals, they need quick and handy entry when new buying and selling alternatives emerge. MEXC will proceed increasing its cross-asset protection, decreasing pointless friction between markets, and giving customers extra flexibility to commerce totally different asset courses on a single platform”
About MEXC
Founded in 2018, MEXC is a number one international multi-asset buying and selling platform constructed as your 0-fee gateway to infinite alternatives. Serving customers throughout 170+ markets, MEXC supplies easy and environment friendly entry to crypto, shares, tokenized belongings, derivatives, and a rising vary of TradFi-linked alternatives by means of one account and one gateway.
With 0 buying and selling charges, deep liquidity, broad asset protection, and a high-performance buying and selling expertise, MEXC is designed for retail customers who need to uncover earlier, act sooner, and commerce with fewer obstacles. As crypto and conventional finance proceed to converge, MEXC is dedicated to creating international alternatives extra accessible, serving to customers commerce freely and MEXCmize each alternative.
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