MEXC Sees Record-Breaking Trading Volume in July
MEXC, a pioneering cryptocurrency exchange, has released its July trading highlights. The exchange reported significant growth in its trading volume, particularly in individual stock futures and tokenized US stocks.
In July, MEXC's TradFi futures volume from individual stocks reached 30%, surpassing the overall TradFi futures segment, which grew by 27%. Gold remained the largest source of TradFi futures volume, but trading activity is shifting towards individual stocks. SanDisk futures ranked third in volume, behind only two gold contracts.
The three memory chip manufacturers - SanDisk, SK Hynix, and Micron - accounted for 18% of all trading in TradFi futures in July. Tokenized US stocks produced 62% of all TradFi spot volume and became the largest category on the spot market.