Blockchain Press Releases
From Vision to 36 Million Users: MEXC Celebrates 7 Years of Exponential Growth
VICTORIA, Seychelles, April 29, 2025 /PRNewswire/ — MEXC, a leading cryptocurrency exchange, witnessed impressive growth throughout 2024, with its global user base soaring to 36 million and trading volumes surging across the board. The platform recorded a 143% increase in Spot trading volume and a 118% jump in Futures trading volume, reflecting its rising dominance in the digital asset space. As MEXC celebrates its 7th anniversary, it has not only weathered the challenges of a highly competitive industry but has firmly positioned itself as one of the top-performing exchanges worldwide—driven by innovation, scalability, and user-first service.
Key Highlights:
- Spot Trading Volume: +143% YoY
- Futures Trading Volume: +118% YoY
- Market Share: Jumped from 2.4% in 2023 to 13.06% in Q1 2025
- User Base: Reached 36 million globally
- Listed Assets: Over 3,000
- Employees: Doubled to 2,000+
- Recovered User Assets: Over $1.8 million
- Customer Service Tickets Resolved: 1.1 million+
Unprecedented Trading Volume Growth: Dominating Market Share
MEXC has demonstrated exceptional performance in its core trading business, with remarkable growth metrics that reflect its increasing dominance in the cryptocurrency exchange landscape. According to the latest data, the platform achieved an impressive 143% growth in Spot trading volume and a substantial 118% increase in Futures trading volume over the past year.
According to TokenInsight’s industry report, MEXC’s market share surged from 2.4% in 2023 to 11.6% in 2024, and further increased to 13.06% in 2025 Q1. The CoinGecko Q1 2025 report also highlighted MEXC’s expanding market presence and growing influence in the global cryptocurrency exchange ecosystem, noting its leap into 3rd place in terms of futures trading volume.
This impressive growth is well above the industry average, showing that more and more traders are choosing MEXC for its strong trading tools. With high liquidity, low fees, and reliable performance in both Spot and Futures markets, the platform continues to attract a wide range of users—from everyday investors to major institutions.
36 Million Users and Counting: MEXC’s Global Expansion
In a testament to its expanding influence, MEXC has witnessed phenomenal user adoption over the past year. The platform welcomed an impressive number of new users, significantly expanding its ecosystem. This substantial influx has propelled the exchange to reach a cumulative user base of 36 million globally.
This rapid growth isn’t just about the numbers—it shows that millions of people and institutions are choosing to trust MEXC for its reliable infrastructure, strong security, and quality service. The platform’s success in gaining and keeping users from around the world highlights its broad appeal and the increasing trust it’s earning from crypto enthusiasts, traders, and investors everywhere.
Strategic Organizational Expansion: Scaling with Purpose
Understanding that technological innovation is driven by human talent, MEXC has undertaken a strategic workforce expansion, nearly doubling its staff to 2,000 employees. This deliberate scaling has focused on strengthening three critical operational pillars:
1. Growth Center – A specialized division dedicated to accelerating user acquisition, enhancing platform adoption strategies, and exploring new market opportunities. This team spearheads MEXC’s expansion into emerging cryptocurrency markets while strengthening its position in established ones.
2. R&D Center – The innovation engine of MEXC, where talented engineers and developers work tirelessly to enhance the platform’s technological infrastructure, develop cutting-edge features, and implement security protocols that safeguard user assets. The R&D team’s commitment to excellence ensures that MEXC remains at the technological vanguard of the crypto exchange landscape.
3. Business Support – The operational backbone ensuring seamless platform functionality, superior customer experience, and efficient business processes. This division works behind the scenes to maintain the high standards of service that users have come to expect from MEXC.
Diverse Asset Offerings with Reward Programs
MEXC continues to enhance its position as a versatile and comprehensive trading platform, offering sophisticated Spot and Futures trading services that cater to both novice and experienced traders. The exchange has significantly expanded its asset portfolio to include an impressive 3,000+ listed assets, providing users with unparalleled diversity in trading options across various cryptocurrencies, tokens, and digital assets. This extensive listing strategy reflects MEXC’s commitment to offering users access to emerging projects and established cryptocurrencies alike, creating a dynamic marketplace where traders can diversify their portfolios and capitalize on market opportunities.
Complementing this diverse asset ecosystem, MEXC has implemented one of the industry’s most comprehensive reward programs, successfully orchestrating 2,293 airdrop events through its innovative token airdrop program, distributing a substantial prize pool valued at $136 million. These strategic initiatives serve multiple purposes: rewarding loyal users, incentivizing platform participation, and introducing the community to promising new projects. By consistently sharing value with its user base while maintaining robust liquidity and advanced trading infrastructure, MEXC has cultivated a culture of reciprocity and mutual growth that strengthens user loyalty and platform advocacy.
Thriving Community: Nurturing Global Connections
MEXC’s vibrant community continues to flourish across multiple social platforms, with its X account followers almost doubling to 2.25 million. This substantial social media presence amplifies the exchange’s voice in cryptocurrency discourse and facilitates direct engagement with users and stakeholders.
Complementing its social media presence, MEXC’s Telegram ecosystem has expanded to include 193,000 members across various groups, creating dynamic spaces for real-time discussions, market insights, educational content, and peer support. These community hubs foster a sense of belonging among users while serving as valuable channels for information dissemination and feedback collection.
The robust growth of MEXC’s community ecosystem reflects the platform’s success in transcending its role as a mere trading venue to become a vibrant hub for cryptocurrency enthusiasts and professionals worldwide.
Customer-Centric Service: Setting Industry Standards
MEXC’s unwavering commitment to customer satisfaction is evidenced by its responsive and resourceful customer service team, which has successfully addressed over 1.1 million customer service requests in the past year. This volume underscores both the scale of MEXC’s operations and its dedication to providing timely assistance to users navigating the complexities of cryptocurrency trading.
Beyond routine support, MEXC’s customer service team has demonstrated exceptional value by helping users recover over $1.8 million in assets that might otherwise have been lost due to user errors, technical issues, or misconceptions. This recovery effort exemplifies MEXC’s proactive approach to customer service and its genuine concern for user welfare beyond transactional relationships.
The quality and effectiveness of MEXC’s customer service infrastructure set new benchmarks for the industry, reinforcing user confidence and contributing significantly to the platform’s reputation for reliability and trustworthiness.
Looking Ahead: Charting the Course for Future Growth
Behind the impressive growth figures lies the comprehensive result of MEXC’s ongoing investment in core trading infrastructure, rapid asset listings, enhanced user experience, and region-specific strategies. MEXC has evolved from its former position as a market follower to establish itself firmly among the world’s elite cryptocurrency trading platforms, demonstrating leadership through innovation and consistent performance excellence.
As MEXC embarks on its eighth year, the exchange stands poised for continued innovation and market leadership. Built on a foundation of user trust, technological excellence, and community engagement, MEXC is strategically positioned to navigate the evolving cryptocurrency landscape.
The impressive metrics across all business areas highlight MEXC’s successful execution of its strategic roadmap and adaptability in a dynamic industry. With its proven track record and clear vision, MEXC remains committed to providing a secure, efficient platform for cryptocurrency enthusiasts worldwide, continuing to shape the future of digital finance.
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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Blockchain Press Releases
Bybit x Block Scholes Quarterly Institution Report on ETH and Altcoin: Making Sense of the ETH Rally
DUBAI, UAE, May 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume released the latest institution report in collaboration with Blocks Scholes, in which the quarterly report offers a longer view of ETH’s performance and potential impact on altcoins.
Analysts revisited historical patterns of ETH’s trajectory and BTC’s time-tested dominance, comparing how the cycles moved altcoin markets. With the focal point on ETH, the report assessed the catalysts of its recent surge since May 7, 2025.
Key Insights:
The Verdict on Altcoin Season hasn’t been reached despite ETH’s outperformance, for the simple reason that the ETH hype had not quite reached historical level in terms of market cap dominance for the trickle down effect to happen. Sitting at just over half of its 2021 high, ETH only occupied 9% of the market. The report noted that three out of the top 10 L-1 blockchains — HYPE, SUI, and SOL — outperformed ETH by market cap at one point or another since Trump’s ‘Liberation Day’ on April 2.
The Pectra Upgrade appeared to have provided a boost to ETH’s price performance. But a closer look at options data “complicates the narrative”: the rise in implied volatility for ETH options suggested macro factors were the true drivers of sentiment shifts. In fact, the ETH rally on May 8 mirrored broader circumstances upon the announcement of the US-UK trade deal, propelling equities and BTC to climb simultaneously. The observation is consistent with later developments of market recovery amid easing tariff tensions.
Access the Full Report here.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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Blockchain Press Releases
Dimitra and MANTRA Partner to Tokenize Real-World Agricultural Assets for Real Impact
DUBAI, UAE, May 28, 2025 /PRNewswire/ — Dimitra, a global leader in agriculture technology and sustainability solutions – that leverages blockchain and artificial intelligence to support farmers – has partnered with MANTRA, a layer 1 blockchain platform focused on real-world assets (RWAs). This collaboration aims to bring green agricultural assets onchain, offering innovative ways for farmers to finance their activities, and enable global investors to engage in sustainable value creation.
Dimitra uses blockchain and artificial intelligence to help smallholder farmers boost productivity and build more resilient agricultural systems. MANTRA brings a secure, regulation-friendly blockchain designed for tokenizing real-world assets, across real estate, commodities, and agriculture. Together, they will unlock new pathways to connect high-impact farming projects with investors seeking transparent, asset-backed opportunities that deliver both returns and positive change.
The first phase of the partnership will focus on cacao production in the Amazon region of Brazil and carbon credit projects in Mexico. In Brazil, Dimitra is working with smallholder farmers to improve cacao yields through the Connected Cacao platform, designed to provide tools for soil analysis, crop monitoring, AI technical assistance and regenerative best practices. Cacao is a high-demand crop, especially among chocolate producers. Tokenizing cacao-based RWAs can open new paths for financing infrastructure, traceability and farmer incentives, making the entire value chain more profitable and transparent.
In Mexico, Dimitra and MANTRA will leverage Dimitra’s carbon monitoring tools to support a forest conservation project covering over 20,000 hectares, with the potential to generate nearly one million carbon credits in the next ten years. These efforts will produce 100% traceable carbon credits, making it easier to verify, trade and invest. As the global demand for carbon credits continues to rise, tokenization of carbon projects offers a path to broader access and greater impact.
While the initial projects will focus on Brazil and Mexico, this partnership will establish a framework for tokenizing agricultural projects worldwide. Dimitra’s portfolio includes dozens of agricultural projects in Latin America, Africa and Asia. Many of these projects are economically sound, but struggle to attract funding. With MANTRA’s infrastructure, these initiatives can be turned into investable opportunities that appeal to a growing number of people and institutions looking to make a real impact with real returns.
“This partnership is about unlocking new value from the real economy,” said Jon Trask, CEO of Dimitra. “Through MANTRA’s platform, we’ll be able to turn powerful, regenerative agricultural projects into accessible investment opportunities, benefiting both farmers and investors.”
“Tokenizing agriculture isn’t just about innovation, it’s about finding solutions to real-world issues long associated with food supply – at scale – and for long-term impact,” said John Patrick Mullin, CEO of MANTRA. “Dimitra is solving real-world problems, with a focus on traceability and transparency – and we’re proud to help bring those to a wider audience. MANTRA Chain was built to support projects like these.”
The partnership follows a string of strong developments from MANTRA, which continues to build momentum in the real-world asset space. Earlier this year, MANTRA was awarded the first DeFi license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. It also launched the RWAccelerator – a start-up program for builders and startups supported by Google Cloud.
About Dimitra
Dimitra is a leading AI and blockchain-based platform for AgTech driving productive, intelligent and inclusive farming. Dimitra empowers farmers to make their processes smarter through actionable data-driven insights. Now working with farmers and co-ops across 35 countries, Dimitra’s AI-driven solutions equip farmers, agribusinesses, and governments with cutting-edge technology to combat deforestation, increase yields, reduce costs, and mitigate risks. Dimitra ensures seamless access to precision agriculture, supply chain transparency, carbon credit generation, and regulatory compliance.
About Mantra
MANTRA is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real-world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability. MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services.
View original content:https://www.prnewswire.co.uk/news-releases/dimitra-and-mantra-partner-to-tokenize-real-world-agricultural-assets-for-real-impact-302466282.html
Blockchain Press Releases
MEXC Futures Grid Bot Sets Traders on Fast-Track to Yields Under Multiple Market Conditions
VICTORIA, Seychelles, May 28, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has taken center stage on the crypto market with the release of the Futures Grid Bot on May 21, 2025. The new product provides users with a host of advantages and is unique as a market offering with an entry threshold as low as 10 USDT and high leverage rates for improved capital efficiency.
The MEXC Futures Grid Bot is an advanced trading instrument that opens up entirely new opportunities for traders in terms of leveraging available assets via innovative approaches. The principle of grid trading relies on applying a fully automated strategy that lets traders set multiple equidistant buy and sell orders within a predetermined price range. The given method allows traders to generate profits based on any market sentiment and at lowered risks.
Traders who rely on the Futures Grid Bot yield profits by taking advantage of market-induced price fluctuations. This lets traders use the Futures Grid Bot to generate profits, regardless of bull or bear markets.
MEXC designed the Futures Grid Bot with a number of distinct advantages, which make it highly attractive to a wide range of trader audiences. Apart from the low entry threshold, the bot grants high leverage rations, uninterrupted operation, and low transaction fees.
Among the potential users of the bot are short-sell traders, giving them effective risk dispersal in case of market falls. Leveraged traders and those seeking risk mitigation can also benefit from the Futures Grid Bot, as it can help them distribute dense orders. The automated nature of the bot makes it ideal for full-time traders, freeing them from monitoring their trades nonstop. Novice traders will find the Futures Grid Bot an excellent stepping stone into their trading careers, considering its low 10 USDT entry threshold and that the instrument automatically adjusts its parameters to suit their modes.
The workflow of the Futures Grid Bot has been intentionally simplified and streamlined to ensure that both novice and professional traders can use its interface with minimal navigation. In order to initiate their first trade with the Futures Grid Bot, users must first determine the price range of their orders within the price range that suits their requirements. The next step is setting the trade intervals into an equidistant grid and placing buy and sell orders within each grid cell. Futures Grid Bot takes over as the final step, launching automated buy-low and sell-high orders.
The MEXC exchange is confident that the Futures Grid Bot will prove to be a valuable addition to the platform’s ever-expanding range of products. The functionality of the bot and its ability to allow traders to generate positive yields under different market conditions makes it an attractive instrument for both novice and professional users, upping the exchange’s market status and audience inflow.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 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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