MEXC grows new-token traders 21% and tokenized stock volume 31% in August

MEXC reported August growth across new-token and TradFi markets: new-token traders rose 21% month over month, and TradFi Spot volume increased 13%. The top-performing new token, Niu Lai (牛来), reached a peak gain of 14,143%.

New-token market

The top 10 tokens by peak gain averaged 3,358%, up 145% month over month. Five of these tokens also ranked in the top 10 by Spot trading volume and collectively represented 65% of that group’s volume. Among the top 10 by trading volume, five memecoins contributed 55% of total volume. AI, RWA, DeFi, and cross-chain infrastructure projects made up the remaining 45%.

TradFi Spot

Tokenized stock trading volume rose 31% month over month and led TradFi Spot growth. CRCL, NBIS, and SPCX ranked in the top 10 by trading volume. GOLD (PAXG) volume increased 43% and ranked first in TradFi Spot.

TradFi Futures: precious metals

Precious metals remained the largest asset class by volume, with overall volume up 32% month over month. XAU volume rose 57% and SILVER rose 39%, while XAUT fell 10%. Growth concentrated in XAU and silver-related assets.

Campaigns and platform activity

MEXC launched three flagship campaigns focused on TradFi, xStocks, and MOVE, each with a 1 million USDT prize pool. The “TradFi Million-Dollar Gala” drew more than 174,000 registrations and generated an average daily trading volume of 4.2 billion USDT. The xStocks campaign featured tokenized stocks NVDAX, CRCLX, and TSLAX.

Company

MEXC, founded in 2018, is a multi-asset trading platform with 0 trading fees. It offers access to crypto, tokenized stocks, derivatives, and TradFi-linked assets with a single account. The company emphasizes deep liquidity, broad asset coverage, and a high-performance trading experience as crypto and traditional finance converge.