MEXC Exchange reported a significant surge in trading volume and user engagement during September, underscoring a robust performance ahead of the fourth quarter. The exchange witnessed a substantial 537% increase in trading volume for newly listed tokens, alongside a 64% rise in active traders. This heightened activity points to a renewed investor interest, particularly in derivative platforms and the Binance Smart Chain (BSC) ecosystem.
The exchange’s operational review for September highlighted key metrics reflecting this growth. The overall trading volume for newly listed assets experienced a remarkable 537% jump. Concurrently, the number of active traders engaging with these new tokens saw a 64% increase compared to the previous month. MEXC also expanded its offerings, listing 34% more new tokens during the period. Projects built on the BSC blockchain demonstrated an average yield of 4373%, while tokens categorized under Perpetual DEX saw exceptional performance, with AVNT alone surging by 5400%, reigniting enthusiasm for decentralized derivatives. The top performers among new listings collectively averaged over 2600% in growth.
September proved to be one of MEXC’s most dynamic months, with participation in new listings by traders growing by 64%. This surge in user interest directly correlated with the substantial 537% increase in the trading volume of newly added tokens. The platform’s commitment to expanding its token catalog was also evident, with a 34% increase in new asset listings compared to August.
Market Drivers and Ecosystem Performance
The report identified derivative platforms, Artificial Intelligence (AI), and stablecoins as key contributors to the month’s notable yields. The top ten tokens by spot trading volume achieved an average increase of 2620%, a 47% improvement over the second quarter. Leading derivative tokens, such as AVNT (+5400%) and ASTER (+712%), set a strong precedent, bolstered by their integration within the Base and BSC ecosystems.
AI tokens, including AIA (+532%) and COAI (+613%), indicated a growing investor appetite for decentralized AI solutions. The stablecoin/Real World Asset (RWA) category, featuring tokens like STBL (+12,125%), RIVER (+1900%), and XPL (+747%), underscored the increasing convergence of on-chain finance with tokenized real-world assets.
The BSC ecosystem emerged as the dominant platform in September, with four of its tokens (STBL, LIGHT, HANA, ASTER) achieving an average growth of 4373%. Ethereum projects followed with an average growth of 1519%. Other ecosystems, including Base, Solana, and emerging platforms like Somnia and Plasma, also delivered significant three- and four-digit returns. Notably, 60% of tokens that ranked high in trading volume also saw substantial price appreciation, suggesting a strong correlation between liquidity depth and value acceleration, a critical factor for user profitability on MEXC.
User Engagement Programs
MEXC’s Launchpad program featured three “premium listings” – WLFI, LINEA, and XPL – attracting over 27,000 participants and accumulating approximately $620,000. All three of these tokens subsequently ranked among September’s top performers in terms of yield.
The “Spin & Win” campaign enhanced user participation through gamified mechanics, updated visual themes, increased prize pools, and a multi-event structure. The “Wheel of Fortune” alone distributed over $100,000 in prizes, including up to 5400 DOGE per participant, coinciding with World Animal Day.
The Airdrop+ program expanded its total reward pool by 13% compared to August, with new users receiving an average of 50 USDT. A newly introduced multi-tier lottery attracted nearly 5,000 participants, offering prizes of up to 5,000 USDT per round, while contract bonus mechanisms further stimulated engagement.
Outlook for Q4
With record trading activity, a diverse range of top-performing ecosystems, and continuous product innovation, MEXC is solidifying its position as one of the most dynamic exchanges in the current market landscape. This strong September performance provides a robust foundation for continued expansion and user acquisition in the fourth quarter.
Senior Crypto Correspondent with over 8 years of experience covering Bitcoin, altcoins, and blockchain technology for leading financial publications. Alexander holds a master’s degree in Financial Economics and specializes in in-depth market analysis, regulatory updates, and interviews with top industry figures.