MEXC Sees 21% Growth in New-Token Traders and 31% Tokenized Stock Trading Volume in August
MEXC, a leading global multi-asset trading platform, reported significant growth in its August trading data. The number of users trading new tokens rose by 21% month over month, while tokenized stock trading volume increased by 31%. This expansion across both crypto and traditional asset markets reflects the growing interest in alternative investments.
The top-performing token, Niu Lai (牛来), recorded a peak gain of 14,143%, with an average peak gain among the top 10 tokens reaching 3,358% - a 145% increase from July. Tokenized stocks, including CRCL, NBIS, and SPCX, also saw significant trading volume.
In the TradFi Spot market, tokenized stock trading volume led growth, accounting for 31% of the month-over-month increase in trading volume. Gold-related assets remained active, with PAXG (GOLD) seeing a 43% rise in trading volume and topping the list in TradFi Spot.
MEXC CEO Vugar Usi stated that the platform will continue to expand its cross-asset coverage, reducing friction between markets, and providing users with more flexibility to trade different asset classes on a single platform.