mexc18

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 listed PIKZ with zero fees & $50k rewards, also listed DN.

15H ago
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.

16H ago
MARKET ACTIVITY

Listed DN token for trading on the exchange.

6D ago
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.

2W ago
MARKET ACTIVITY

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

3W ago
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.

1M ago
PARTNERSHIP

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

Long-time user with positive MEXC experience reports receiving numerous recent warnings about the exchange, raising public questions about potential customer fund mismanagement and platform safety.

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.

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.

2M ago

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.

The exchange establishes fast-track channels for account unfreezing with direct contact to customer support head Derrick via Twitter (@DerrickYeo61993) and Telegram (@derrickmexc), officially acknowledging risk control as the primary issue causing user frustration.

A source reports the exchange cut around 400 employees (~15% of workforce) approximately two weeks ago.

The CSO apologized and unfroze the $3M in trader funds after public dispute. The exchange's official token crashed, approximately $600M in withdrawals occurred, and specific reserve ratios were disclosed at 118% USDT and 112% USDC. ZachXBT and other prominent figures publicly criticized the exchange for lack of transparency.

A user reports $40M USDT frozen for 20 days with the exchange citing "suspicious activity" and "abnormal profit" without providing evidence or resolution.

Another user reports $3M locked on the exchange, indicating multiple account holders face frozen funds. Exchange assures it will improve transparency on user withdrawals.

A whale successfully withdrew $25M from the exchange over the last two weeks without issues amid ongoing FUD and record withdrawal activity. (ID: 1984505874677731777)

Exchange experiences record withdrawals and releases official statement claiming strong financial health with all user assets fully backed, Proof of Reserves over 100%, and Merkle tree data to be updated for user verification.

An entity publicly announces withdrawal of all funds from the exchange as a precautionary measure amid the ongoing operational crisis. (ID: 1984453942500344068)

MEXC representatives confirm the exchange is offering a 50% deposit bonus to users. (ID: 1984430814474748291)

Account holder reports 40 billion USDT frozen for 20 days, with exchange alleging "suspicious activity" and "abnormal profit" without providing evidence or resolution.

MEXC officially states their financials are solid and the issue is operational rather than insolvency-related, promising to fix operational problems. (ID: 1984377075579629897)

CEO Cecilia Hsueh advertises unlimited deposits amid ongoing crisis. Users report blackmail and extortion leaks from upper management and widespread liquidations affecting traders for exchange-related reasons beyond typical leverage issues.

Multiple tweets reference explicit content involving MEXC executives circulating publicly, representing a separate reputational crisis beyond the White Whale incident. Users report specific technical issues with USDT withdrawals via TRC-20 network experiencing significant delays.

Exchange returned $3.156M USDT to White Whale after public pressure campaign and issued official apology acknowledging operational failures, promising changes to risk and operations teams. CoinMarketMan delisted the exchange during the controversy, and exceptionally high withdrawal transactions occur amid ongoing concerns.

Exchange deposited $500M USDT to Aave on October 6th according to on-chain data analysis. Exchange sponsors an event in Monaco.

Users warn of active bankrun occurring over past two days and report internal discussions to halt withdrawals amid direct insolvency claims, with multiple advisories to withdraw funds immediately despite acknowledgment of no definitive evidence.

MEXC listed as strategic partner and venture investor in MMTFinance project alongside major exchanges including Coinbase, OKX, KuCoin, and Gate Ventures.

Exchange hires third party for arbitrage as alternative resolution method instead of returning $3M in the White Whale incident, with continued refusal to admit wrongdoing or pay back funds directly.

Exchange limits transaction history access to 6 months by default and maximum 18 months upon request, contrasting with industry standard where reputable exchanges provide full historical records. User cites this data access restriction as a red flag for staying away from the platform.

Multiple users report experiencing issues accessing the exchange today, with claims linking problems to ongoing insolvency concerns related to the White Whale incident.

Exchange experiences collective industry-wide criticism as multiple crypto communities from different sectors unite against the platform in rare unified backlash.

Direct insolvency allegations surface with claims the exchange holds user funds, prompting recommendations for users to withdraw and switch to alternative platforms.

MEXC launches a $500,000 Liquidation Compensation Event running Oct 30-Nov 12, offering up to 100 USDT compensation for new users and 50 USDT for existing users on their first losing trade. $DOP2 token receives listing on the exchange.

$KitKat token community launches campaign requesting listing, citing 5,000+ holders, 9M+ market cap, and 10M+ trading volume in first 12 hours. User warning issued about exchange's treatment of @TheWhiteWhaleV2 case remaining unresolved for months.

CMM discontinues support for MEXC citing months of unresolved questions over a prominent trader losing access to funds on the exchange. $BULLISH token receives listing on MEXC.

User reports MEXC confiscates funds based on unsubstantiated proof and offers one-sided solutions where the exchange decides how to allocate the user's own money.

Allegations surface of a $500 million hack that led to fractional reserve operations, with claims the shortfall was filled during the 2021 bull market.

MEXC states readiness to allocate $3 million fund to the community, generating user confusion and criticism about fund distribution practices.

Warning issued to withdraw funds urgently from the exchange, citing numerous similar cases of locked funds.

MEXC x WINR promotional campaign offers over 3,000,000 WINR tokens in rewards for deposit, trade, and referral activities, ending November 3 at 10:00 UTC.

PHL token lists on MEXC as the native token for Philcoin's social platform.

BOS token TGE launches with multi-exchange listings including MEXC, Binance Alpha, Bitget, Kraken, Gate, KuCoin, and PancakeSwap. LUNAM token also lists on MEXC following sold-out IKO.