MEXC Stock Futures Trading Volume Surges by Over 3,300%

MEXC, a major crypto exchange, has seen its stock futures trading volume surge by over 3,300% in Asia during Q2. According to a report from Blockworks Research commissioned by MEXC Ventures, the average daily stock futures volume on the platform rose significantly in Southeast Asia and East Asia.

The study found that 87.2% of surveyed Asian users plan to increase their traditional financial (TradFi) trading through centralized exchanges (CEXs). In July alone, TradFi-linked futures generated nearly $400 billion in trading volume across CEXs.

Blockworks Research attributed the growth in stock futures trading on MEXC to several factors, including limited market hours and high brokerage costs. The report also noted that many Asian traders are moving from digital assets into stocks and gold through centralized exchanges.