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MEXC Announces Listing of Initia (INIT) with a 115,000 INIT and 50,000 USDT Prize Pool

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VICTORIA, Seychelles, April 18, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the listing of Initia (INIT) on April 24, 2025 (UTC), accompanied by a celebratory event featuring a 115,000 INIT and 50,000 USDT prize pool for new and existing users.

Initia is the first interwoven optimistic–rollup network, reconstructing multichain architecture with native interoperability and shared liquidity. As a full–stack Layer 1+2 platform, Initia supports both EVM & Move VM, enabling seamless cross–ecosystem collaboration. Developed by veterans from top DeFi and blockchain security teams and backed by YZi Labs(Binance Labs), Hack VC, Delphi Digital, and Theory Ventures.

$INIT is the native utility token of the Initia ecosystem, powering key functions such as gas payments, staking, governance, cross-chain transfers, and liquidity provision. Through these utilities, $INIT drives user participation and supports the growth of a secure and decentralized Initia ecosystem.

To celebrate the listing, MEXC will launch an Airdrop+ event, running from April 18 to May 4, 2025 (UTC). The event will include the following activities:

  • Deposit and share 90,000 INIT (exclusive to new users)
  • Spot Challenge – Trade to share 10,000 INIT (for all users)
  • Futures Challenge – Trade to share 50,000 USDT in futures bonus (for all users)
  • Invite new users and share 15,000 INIT (for all users)

MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.

For full event details and participation rules, please visit here.

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About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X TelegramHow to Sign Up on MEXC

Risk Disclaimer:

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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Blockchain Press Releases

MEXC Lists USD1, Accelerating Global Stablecoin Innovation with World Liberty Financial

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VICTORIA, Seychelles, May 8, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced that it will list World Liberty Financial USD (USD1) in the Innovation Zone on May 9, 2025 (UTC). The USD1/USDT trading pair will also open at 08:00 on May 8, 2025 (UTC), and the MEXC Convert feature will be available from 09:00 on May 8, 2025 (UTC), offering users a seamless asset conversion experience. This listing expands the range of digital assets on the platform and further demonstrates MEXC’s commitment to advancing the global stablecoin ecosystem.

USD1: A New Era in Stablecoins and Financial Transparency

USD1 is World Liberty Financial (WLFI)’s stablecoin that provides secure and transparent digital asset services for global users. The stablecoin is backed 1:1 by the US dollar, with its reserve assets custodied by BitGo, held and subject to regular audits by third-party accounting firms to ensure transparency and stability. Currently, USD1 is deployed on both Ethereum and BNB Chain, with plans to expand to additional blockchains in the future to enhance interoperability.

Furthermore, USD1 has made significant strides in the decentralized finance (DeFi) ecosystem. For example, ListaDAO has launched a USD1 lending vault on BNB Chain, providing liquidity support for 20 million USD1. Renowned market maker DWF Labs has also deployed USD1 liquidity across multiple platforms, further enhancing its availability and market depth. According to the data from CoinMarketCap, USD1’s market capitalization has surpassed USD 2.12 billion, demonstrating strong market demand.

Special Promotion to Celebrate the Listing

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To celebrate the successful listing of USD1, MEXC is launching a series of special offers to thank its users for their support. Starting May 8, 2025, at 08:00 (UTC), users can enjoy the following benefits:

  • Zero Trading Fees: The USD1/USDT spot trading pair will have 0 trading fees.
  • Zero Withdrawal Fees: Users will enjoy 0 withdrawal fees when withdrawing USD1.

MEXC Drives the Evolution of Stablecoins Through Ecosystem Empowerment

As a leading global cryptocurrency exchange, MEXC has earned the trust of 36 million users across 170+ countries worldwide, thanks to its fast token listing process, diverse asset offerings, deep liquidity, and robust security. At the same time, MEXC continues to empower quality projects and partners, actively promoting the healthy development of the global digital asset and stablecoin ecosystem.

Looking Ahead: A Shared Vision for the Future of Stablecoins

MEXC’s listing partnership with World Liberty Financial further drives innovation in the development of stablecoins. Looking ahead, MEXC will continue to strengthen its support for stablecoin projects, promoting the widespread adoption of stablecoins globally. At the same time, the platform will keep iterating its products and services to provide users with a more secure and seamless trading experience.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website X Telegram |How to Sign Up on MEXC

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Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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Blockchain Press Releases

BingX Unveils ChainSpot: A CeDeFi Innovation for Simpler and Safer On-Chain Trading

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PANAMA CITY, May 8, 2025 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is proud to unveil ChainSpot, a pioneering CeDeFi (Centralized-Decentralized Finance) feature that empowers users to access decentralized tokens directly from their BingX accounts — without the need for external wallets or complex on-chain processes. As part of its 7th anniversary celebration, BingX becomes one of the first major exchanges to roll out such a hybrid product, signaling a bold leap forward in its product evolution.

With the promise of “One Tap, All Chains”, ChainSpot introduces an effortless way to explore and trade on-chain assets while staying fully protected by BingX’s centralized infrastructure. As a CeDeFi innovation, it blends the best of both centralized and decentralized worlds — offering the ease and reliability of a centralized exchange with the openness and innovation of DeFi protocols.

Key Benefits of ChainSpot
Designed to make on-chain trading simpler and safer, ChainSpot offers a host of features that enhance user experience:

  • Enhanced Security: Users enjoy trusted safeguards like two-factor authentication and cold wallet storage while interacting with decentralized markets.
  • Broader Asset Access: Seamlessly explore trending DeFi tokens and new on-chain projects — no bridges, no external wallet setup required.
  • Smarter Discovery: AI-driven filters surface high-quality DeFi projects quickly, reducing research time and noise.
  • Cross-Chain Compatibility: Built for a multi-chain future, ChainSpot supports cross-chain asset trading efficiently — all within one centralized interface.

Vivien Lin, Chief Product Officer of BingX, commented on the launch: “Over the past seven years, BingX has grown by staying close to our users. ChainSpot is a direct result of listening to their desire for more flexible, decentralized opportunities — without losing the security and convenience of our platform. Our goal with ChainSpot is to redefine what access to DeFi looks like, making it simple, intuitive, and protected. This isn’t just another feature — it’s part of a broader vision to shape a financial future where innovation meets inclusivity, and where security coexists with freedom.”

ChainSpot marks a strategic milestone in BingX’s evolution as a CeDeFi enabler. As the platform continues to expand its ecosystem, more innovative features and product enhancements are expected in the months ahead. Whether you’re a seasoned trader or just getting started in crypto, ChainSpot opens the door to DeFi’s full potential — without the friction.

About BingX

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Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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Blockchain Press Releases

HTX and Justin Sun Launch $6M Mars Program Special Edition, Offering One User a Historic Space Journey

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SINGAPORE, May 8, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage, fully sponsored by Justin Sun, Advisor to HTX, and Founder of TRON.

The campaign runs from May 7, 08:00 to May 13, 04:00 (UTC). All users who completed Level 3 KYC verification on HTX are eligible to apply. Five new finalists will be selected based on registration date, trading activity, net fee contribution, and asset balance. They will join seven existing candidates, forming a group of 12, from which one winner will be chosen to embark on a space journey with Justin Sun in July 2025.

Campaign Details: https://www.htx.com.pk/support/25000906493178

A $6M Journey Beyond Earth

Justin Sun, one of the most prominent figures in the crypto industry, is personally funding the $6 million ticket for this mission. Known for his headline-making initiatives across Web3 and traditional finance, Sun aims to make space more accessible to the global crypto community.

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“This mission isn’t about elites or executives—it’s about empowering users,” said Justin Sun. “Space exploration should be accessible. With this journey, we want to bring the crypto spirit beyond Earth’s limits.”

The Mars Program: Empowering Global Participation

HTX’s Mars Program has completed seven successful rounds, selecting seven individuals for potential space missions. The Special Edition marks a bold new chapter, opening participation to a broader group of users worldwide.

Rather than offering exclusive experiences to elites, HTX is extending a chance for everyday users to make history. The initiative reflects HTX’s vision of Web3 as an open, inclusive ecosystem—where breakthroughs in technology, finance, and culture converge.

Bridging Crypto and Cosmos

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The Mars Program is more than a campaign—it’s a symbol of Web3’s potential to reshape real-world possibilities. HTX continues to explore how blockchain can extend beyond financial infrastructure and into personal dreams, collective imagination, and global narratives.

With this initiative, HTX positions itself at the forefront of innovation—not just in trading or technology, but in inspiring the next generation of crypto pioneers.

How to Participate

Users must complete Level 3 KYC on HTX and submit an application before the campaign ends. The winner, selected from 12 total finalists, will be announced ahead of the July 2025 launch.

About HTX

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Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

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