mexc23

what's mexc?

MEXC is a cryptocurrency exchange platform that supports spot trading with USDT pairs and pre-market trading for various tokens. The platform is positioned as favorable for small-cap token trading with numerous trading pairs available

Snapshot

MEXC holds 9.25% RWA Perpetuals market share, $2.97B reserves, and distributed airdrops.

6H ago
MARKET ACTIVITY

Listed PACT token for trading

3D ago
REGULATORY

Seychelles entity was struck from the registry on August 1, 2023.

1W ago
MARKET ACTIVITY

Hosted an airdrop and staking program for $BINDER token to facilitate holder acquisition.

MARKET ACTIVITY

Restored FLOW trading, deposits, and withdrawals services.

PARTNERSHIP

Collaborates with Arbitrum on Arbitrum Megafest, offering 300,000 ARB in rewards for spot and futures trading.

ONCHAIN METRICS

Holds 7.8% market share as the third-largest centralized exchange in 2025.

MARKET ACTIVITY

Implemented a zero-fee policy across all spot trading pairs in 2025.

ONCHAIN METRICS

Reached $1.5T in trading volume for 2025, representing a 90.9% year-over-year increase from $766.7B in 2024.

MARKET ACTIVITY

Listed TIME token for trading on the exchange.

2W ago
MARKET ACTIVITY

Added 17 new tokenized stock trading pairs in partnership with Ondo Finance as phase nine of their collaboration, with zero trading fees for the first 30 days on all new listings.

MARKET ACTIVITY

Lists KLIP token on 2026-02-12.

MARKET ACTIVITY

Received 354 million RVV tokens (worth $607,000) deposited into the exchange between February 6-9, 2026, alongside deposits to Bitget and KuCoin.

VISIBILITY EVENT

Mentioned in an update regarding a situation involving ItsAnonApe, as referenced in a daily crypto news summary.

3W ago
MARKET ACTIVITY

MEXC holds 9.25% market share in RWA Perpetuals year-to-date volume as of early 2026, ranking third behind Binance and OKX in this trading segment.

VISIBILITY EVENT

Participating in CoinGecko's 33rd virtual meetup on February 5, 2026, represented by head of research.

FINANCIAL EVENT

Distributed the first batch of hippius airdrop on February 4, 2026, with a second batch scheduled for February 5, 2026.

ONCHAIN METRICS

Holds total reserves of approximately $2.97 billion as of January 2026, ranking 7th among major crypto exchanges.

1M ago
MARKET ACTIVITY

Listed KIN token on the exchange.

MARKET ACTIVITY

Launched perpetual futures for gold and silver with a limited-time zero trading fee strategy.

MARKET ACTIVITY

Lists XYZ token on 2026-01-29.

VISIBILITY EVENT

Hosts a live discussion partnership with MOCA Foundation on Digital Identity and the MOCA network on 2026-01-28 at 20:00 UTC+3, with a 300 USDT prize allocation.

VISIBILITY EVENT

Ranked 4th among crypto exchanges by weekly visits with 4.5 million visits.

WHALE ACTIVITY

Whale 0x0F67 withdrew 559 XAUT (valued at $2.83M) from MEXC.

WHALE ACTIVITY

Whale 0x1b7D withdrew 194.4 XAUT (valued at $993K) and 106.2 PAXG (valued at $538K) from MEXC.

MARKET ACTIVITY

Lists MWXT token on 2026-01-27, marking its first centralized exchange listing.

MARKET ACTIVITY

Listed SUMR token for trading on the exchange.

PARTNERSHIP

Partnered with EtherFi to launch a co-branded crypto debit card accepted at over 130 million Visa merchants worldwide, supporting digital wallets like Apple Pay and Google Pay.

MARKET ACTIVITY

Listed CKUSDT and CKBTC trading pairs with zero fees.

MARKET ACTIVITY

Listed $npm token with additional listing on Bybit expected soon.

MARKET ACTIVITY

Lists ELSA token trading on 2026-01-20 at 09:00 UTC.

REGULATORY

Temporarily suspends services in India to complete registration with the new regulator FIU-IND.

FINANCIAL EVENT

launched a New Year promotional event with a 50,000 USDT prize pool running for 14 days, offering instant daily rewards and extra tickets for deposits

MARKET ACTIVITY

Listed PIKZ for trading on 2026-01-13 at 6 PM UTC with zero trading fees and a $50,000 USDT reward pool.

MARKET ACTIVITY

Listed DN token for trading on the exchange.

FINANCIAL EVENT

Launched a 14-day trading competition with a 50,000 USDT prize pool for futures traders, with tiered rewards based on trading volume, running until approximately January 21, 2026.

2M ago
MARKET ACTIVITY

Scheduled to list $LIT token on 2025-12-29.

WHALE ACTIVITY

Acquired 2,000 BTC within a 24-hour period following GDP release on December 23, 2025.

VISIBILITY EVENT

Launched a Bonus Wheel promotion for new users involving task completion and reward distribution.

MARKET ACTIVITY

Listing XNT token is scheduled to occur soon on the exchange.

PARTNERSHIP

Partnered with fomohour to offer up to $2000 in rewards to users who deposit $100 and trade $2000 in volume.

Faces allegations of customer fund mismanagement and platform safety, using "ST Warning Rules" to delist projects and withhold customer deposits, with specific warnings about XI token withdrawals.

weETH becomes available for trading on the exchange.

MEXC supports the Farcana (FAR) token swap and rebranding to Far Labs (FAR).

$RAVE lists on MEXC among multiple exchanges including Binance Alpha, Kraken, Gate, and Bitget. TheoriqAI trades on MEXC pre-market at $28.85, representing a 385x return from the KaitoAI launchpad entry at 75m FDV.

STX/USDC trading pair goes live on the exchange.

MEXC lists $US token from Talus Foundation, an AI agent-focused project with over $10M in backing.

MEXC spot trading volume dropped 34% in November 2025 compared to October, ranking third worst among major exchanges and exceeding the overall market decline of 28%.

MEXC_ID participates in Indonesia Blockchain Week 2025 alongside MVenturesLabs.

$RUNE is now listed on MEXC exchange.

MEXC freezes assets related to a $63M WhiteWhale trading event involving a squeeze on HyperLiquid exchange.

MEXC lists WhiteWhale token, leading to the associated persona taking control of the coin to manage brand image and reputation.

MEXC enabled direct USDC support on the Sei blockchain network.

MEXC lists $POWER token from Fableborne at $250M FDV with 2x gain in first 24 hours, part of coordinated launch across Binance Alpha, Bitget, and Ronin DEX.

$SEEK token (Talisman's AI-powered wallet project) launches on MEXC on December 5 at 12PM UTC with $60M FDV and 2.6% circulating supply, backed by MEXC Ventures and other investors.

A new COO is fully onboarded at MEXC with new customer service guidelines implemented, as the CSO refocuses on strategic partnerships and investments.

BIG project's $TCT token launches on MEXC as first centralized exchange listing at $0.15 public price with 100% liquidity pool locked.

TNK/USDT trading pair is now live on the exchange.

A crypto trader publicly assesses MEXC as wrongly positioned in market tier rankings and places it at the same tier or just below Bitget, suggesting the exchange is underestimated in competitive positioning.

$TNK token goes live for trading on December 3rd at 10am UTC.

James Wynn, a trader who previously made and lost 9-figure amounts, promotes MEXC.

$ALLOCA token goes live on MEXC and becomes tradable with Rainbow wallet support, alongside Uniswap on Monad.

User reports getting paid by MEXC after publicly spreading negative information about the exchange.

3M ago

User claims $100M is stuck on MEXC and cannot be withdrawn regardless of public complaints on social media.

User alleges MEXC systematically withholds customer funds and only returns money to those who complain publicly on social media.

$TEN token drops 80% at launch on November 27th at 1PM due to liquidity problems, currently stabilizing but remains highly volatile.

$BIT token from bitdealernet goes live on MEXC alongside KuCoin, Jupiter Exchange, and LBank with the team having raised over $38 million on KuCoin Spotlight and $15 million with Kaito. MEXC announces Dubai office opening coming soon.

MEXC lists $TEN token from Ten Protocol with trading bonuses for participants.

MEXC launches new AI trading suite featuring AI Select List and Smart Candles tools for retail traders.

MEXC lists sBTC token with sBTC/USDT trading pair launching on November 24, 2025 at 9AM EST.

MEXC adds Monad ($MON) token trading at 3PM UTC as part of a coordinated launch across Coinbase, Kraken, KuCoin, Bybit, and 7 other major exchanges.

MEXC purchases $AVICI tokens in the open market.

MEXC partners with Hacken for monthly, independently verified Proof of Reserves audits.

SACHI goes live on Raydium decentralized exchange at 3PM UTC.

SACHI token launches on MEXC within hours, a gaming universe project that raised $1.4M in private sale with 1M+ players onboarded.

The exchange lists CMC20, described as part of a new index revolution.

MEXC lists Aerodrome Finance $AERO token as part of multiple exchange listings for the Base ecosystem DeFi project.

MEXC participates in PAYAI token migration with 23% of total supply now migrated.

The exchange lists Hippius token from the Bittensor ecosystem.

The exchange announces listing of chutes_ai, described as the largest subnet in the Bittensor ecosystem.

A fast-track channel releases 90% of accounts with submitted documents in the past 3 days, with CSO Cecilia Hsueh confirming the remainder remains in processing.

The platform launches a $500,000 Protection Fund campaign offering full compensation on users' first losing trade, running until November 12.

The platform is bleeding withdrawals and hiding statistics, according to market commentary connecting current exchange distress to historical crypto cycle patterns. (ID: 1985747631910404588)

The exchange operates as a counterparty to user trades and carries direct trading risk, creating exposure to potential losses from user positions.

The platform runs a promotional campaign offering $30,000 in welcome rewards with no KYC requirement while frozen fund and withdrawal issues persist. (ID: 1985632931306750126)

The exchange experiences a complete outage while market maker Wintermute simultaneously goes down.

Insolvency alarms circulate about the platform, while questions emerge about its involvement in backstopping the ByBit hack.

After 5 days of intensive crisis management by customer service, risk control, and marketing teams, additional frozen funds continue to unlock beyond the previously reported $3M White Whale settlement. (ID: 1985444585003466918)

The exchange experiences $2.2B in net outflows over 24 hours while thousands of accounts remain frozen, and the recently published Proof of Reserves lacks wallet addresses for verification.

Rumors circulate about a potential platform collapse, with ongoing issues characterized as a "saga" in industry newsletters.

The platform had futures order placement disabled on its public API, raising concerns about the accuracy of claimed trading volumes.

MEXC unfreezes $3M for 'White Whale' trader and publicly apologizes for mishandling the situation.

The exchange lists TeaFi ($TEA) token on November 3 as part of a multi-exchange TGE including KuCoin and Kraken.

The exchange publishes its latest Proof of Reserves.

The platform launches a $500,000 Protection Fund offering full compensation on first losing trades (up to 100 USDT for new users, 50 USDT for existing users) until November 12.

A leaked video related to the platform circulates online. Users discuss migration to competitor platforms like Hyperliquid amid ongoing concerns.

The CSO confirms users who provided required information are being unfrozen in batches over the past 17 hours, following the previously established fast-track channels. Multiple sources report aggressive promotional outreach from MEXC representatives seeking paid endorsements, while public warnings advise users to stay away from the platform.

The exchange announces a $1.5 million airdrop, distributing approximately $79 to each recipient as a marketing initiative.

MEXC ceased updating its proof of reserves after promising updates yesterday.

One trader withdrew $250M in the last two weeks without any issues.

The platform now offers 600% APY on USDT staking.