The 2025 Annual Report serves as a comprehensive record of a year defined by structural transformation. As macroeconomic volatility intensified and global threats grew more complex, the digital asset sector simultaneously reached a pivotal milestone, evolving from an early exploratory phase into a more transparent, institutionally established market. For MEXC, 2025 was a year of conscious evolution, where intention shaped progress and vision guided change. Guided by our core belief that users come first, we prioritized the voices of our 40 million users and the rigorous standards of our institutional partners, moving beyond the role of a facilitator to become a steward of market integrity. This report outlines the progress of that vision into reality.
Scaling Momentum and Ecosystem Support
2025 represented a pivotal year for both MEXC and the broader digital asset ecosystem. Against a backdrop of shifting macroeconomic conditions, geopolitical complexity, and fast-evolving market structure, the year tested operational resilience and rewarded disciplined execution. For MEXC, it was a year where strategy translated into measurable progress, and ambition was validated by outcomes. In 2025, futures trading volume increased by 131.4%, while spot trading volume rose by 130.4%.
MEXC reinforced its position as the industry’s leading discovery platform. In 2025, we listed 2,287 high-potential projects through a disciplined, list-first approach, while supporting an ecosystem of over 3,000 active projects at any given time.
We successfully built a user reward system designed for “high-frequency incentives” and “high-value returns,” supported by futures and spot trading campaigns such as Airdrop+, Launchpad, and Launchpool, with over 100 million distributed in rewards.
Turning Platform Revenue Into Direct User Value
In 2025, MEXC significantly lowered trading barriers through its “0-Fee” strategy, serving more than 40 million users while reinforcing its list-first approach to support entrepreneurs and Web3 projects building the next generation of crypto and digital asset innovation.
In the spot market, zero-fee trading was extended across 3,026 trading pairs, offering broad coverage from mainstream assets to long-tail opportunities. In the futures market, the strategy focused on 203 high-demand pairs, enabling users to trade efficiently during periods of heightened market volatility. This approach proved particularly effective in capturing one of the year’s defining trends: tokenized US stocks and other real-world assets, where trading demand accelerated rapidly.
By directly converting platform revenue into user value, the zero-fee initiative delivered measurable impact. A total of 3.44 million users saved 1.1 billion USDT in trading fees. The average user saved 320 USDT, while the highest single user saving reached 9 million USDT. Beyond lowering entry barriers for retail participants, the strategy also improved capital efficiency for high volume and institutional traders.
New Security and Transparency Standards
The year 2025 represented a critical inflection point for the digital asset industry, as record crypto theft exceeding $3.4 billion highlighted a growing disparity between basic infrastructure and the rising sophistication of global threats. At MEXC, we recognize that our role in this landscape must be dynamic rather than static. Guided by the constructive feedback of our users, we have spent the past year evolving our platform from a service provider into a transparent ecosystem where security is not merely claimed, but independently proven and continuously refined. This commitment is anchored in our historical zero-hack track record, underscoring the strength of our security-first philosophy, the resilience of our security framework, and sustained investments in risk management and independent verification.
We believe true transparency must be proven, not claimed. Guided by this conviction, we have moved beyond self-reporting to establish an ecosystem of independent reviewers and third-party auditors who oversee dispute outcomes and risk-control measures. This oversight is fortified by our $100 million Guardian Fund, which offers immediate protection independent of traditional insurance delays, and our transition to monthly Proof of Reserves audits by Hacken. Together, these initiatives reflect a platform that actively listens to its community and adapts in real-time. By prioritizing verifiable data and human-centric support, MEXC is setting a new industry benchmark where high-performance trading and user protection coexist seamlessly.
Building the Most User-Centric Trading Experience
As DEXs and on-chain trading continue to evolve, centralized exchanges are no longer viewed as single-function trading venues, but as critical gateways connecting on-chain and off-chain ecosystems, as well as key hubs for risk management. At the same time, frequent security incidents and increasingly stringent AML requirements have intensified expectations around platform governance. Navigating these shifts requires a careful balance—advancing innovation and market access while responding thoughtfully to community concerns around security, transparency, and fairness.
In response to feedback from our community, industry experts, and institutional partners, we launched a new generation of our risk-control framework—one designed to strengthen security, improve transparency, and deliver a more balanced and fair trading experience for all 40 million users. This framework introduced enhanced processes for regulatory investigations, independent oversight through a pool of recognized industry experts, phased reopening of API access for algorithmic trading, and a rebuilt customer service system led by dedicated personnel.
We recognize that trust is earned through action, not words. As we move into 2026, we remain committed to enhancing trading functionality and ecosystem development while strengthening security and risk-control frameworks in parallel. Guided by the principles of fairness, security, and open communication, this is not the end of our journey—it is the foundation for continuous evolution, and we are grateful to have the community with us every step of the way.
Vision 2026: The Gateway to Infinite Opportunity
The future shall be tokenized, and on-chain is the new online. In 2026, MEXC will move beyond being a list-first exchange to MEXCmize access to global opportunity—expanding from crypto into tokenized equities, commodities, and every asset that can move on-chain. This is not about competing within existing boundaries. It is about redefining how markets are accessed, with trust, precision, and scale.
Zero Fee Strategy
True innovation exists to make life easier for users, not to add complexity. MEXC pioneered zero-fee trading in crypto, and in 2026, we will extend this principle across additional asset classes. Zero fees are not a marketing tactic, but a conviction rooted in democratizing access, lowering barriers to entry, and reshaping industry norms. By removing trading fees, users are able to save significantly and redirect those savings toward building and growing their investments. As zero-fee trading scales, it will remain a structural commitment. Anchored by our list-first strategy, MEXC will continue to lead the industry in asset discovery. Beyond trading, we are expanding the MEXC ecosystem to maximize access across assets and tools, defined by speed, transparency, and efficiency.
Infinite Opportunities for Users
Our mission is to make it easy for users to access markets worldwide, anytime, from one unified platform. We are expanding MEXC beyond a premier venue for derivatives and advanced trading into a true trade everything platform built for the future of capital markets. From tokenized stocks and synthetic commodities to gold, silver, and real-world assets, MEXC is becoming a gateway to infinite opportunities. As a leading platform for derivatives and advanced trading, we deliver institutional-grade liquidity, high-quality execution, and precise control on a global scale. This is our vision for the next generation of exchanges, platforms that adapt to how capital moves, scale without friction, and unlock opportunity without boundaries.
Leadership and Global Hub
In 2026, MEXC is expanding its capital commitments while attracting top global leaders whose experience and vision will shape the company’s future. At the same time, we are opening physical hubs and innovation centers, particularly in the Middle East, and strengthening our operational and research presence worldwide.
At the core of our approach is the $100 million Guardian Fund, established as a permanent and transparent safeguard for users and designed to scale into one of the three largest protection funds in the industry.
Alongside this, the MEXC Fund supports long-term ecosystem growth through a $30 million initiative focused on education, Web3 innovation, infrastructure development, and ecosystem resilience.
Artificial intelligence is becoming a foundational layer of the MEXC platform. In 2026, AI is embedded across our architecture to enhance user experience, from personalized trading assistance and intelligent onboarding to context-aware market insights delivered in real time.
The Road Ahead
Our direction for 2026 is intentional and defining. We will execute with discipline, operate with transparency, and build with conviction.
MEXC will move beyond the role of an exchange to become a gateway to infinite opportunities—where markets are accessed transparently, efficiently, and on users’ terms. We will challenge convention, raise industry standards, and redefine how digital asset platforms serve the global economy, beginning with true zero-fee trading as a structural commitment rather than a marketing promise.
To see the key moments that defined this record year in action, watch the MEXC 2025 Recap Video here.
Join MEXC and Get up to $10,000 Bonus!
Sign Up
