MEXC Sees 21% Growth in New Token Traders and 31% Increase in Tokenized Stock Trading Volume in August
MEXC, a leading global multi-asset trading platform, has released its August trading data. According to the report, the number of users trading new tokens on MEXC rose 21% month over month in August. This growth is attributed to the popularity of early-stage tokens and memecoins.
The top-performing token was Niu Lai (牛来), which recorded a peak gain of 14,143%. The average peak gain for the top 10 tokens by peak gain increased 145% month over month. Five of these tokens also ranked among the top 10 by Spot trading volume.
In the TradFi market, tokenized stock trading volume rose 31% month over month in August. This growth was led by tokenized stocks including CRCL, NBIS, and SPCX. Gold-related assets also remained active, with GOLD (PAXG) trading volume rising 43% month over month.
MEXC CEO Vugar Usi said, 'Whether users are looking at early-stage tokens, stocks, or precious metals, they want fast and convenient access when new trading opportunities emerge.' MEXC will continue expanding its cross-asset coverage to give users more flexibility to trade different asset classes on a single platform.