MEXC Sees 111% Growth in Individual Stock Futures Volume, Tokenized US Stocks Dominate Spot Market
MEXC, a leading cryptocurrency exchange, recently released its July trading highlights. Notably, individual stock futures volume grew by 111% from June, with tokenized US stocks accounting for 62% of all TradFi spot volume.
The platform's focus on tokenized assets has yielded significant results, with the category becoming the largest on the spot market. The two gold instruments, XAU and XAUT, remained in first and second place by volume, while SanDisk futures ranked third behind the two gold contracts.
MEXC listed several new assets from the Robinhood Chain, launched on July 1, which supplied six of the month's top ten most traded new listings. The exchange has also seen growth in its TradFi futures segment, with individual stock futures making up 30% of total volume.