The cryptocurrency exchange MEXC achieved significant growth in perpetual futures trading volumes throughout 2024. According to CoinGecko's annual report, MEXC captured the highest market share in perpetual trading and open interest among centralized exchanges.
Market Share Growth in Crypto Futures
MEXC's share of the perpetual contracts market increased from 3% to 11% in 2024. By year-end, trading volume reached $58.5 trillion, placing the platform among the top five centralized exchanges.
MEXC's Strategies and Innovations
MEXC's success is attributed to its deep liquidity, competitive fee structure, and focus on listing trending tokens. Continuous platform development and low fees attract traders worldwide.
MEXC's Achievements and Recognition
The exchange received recognition in institutional reports, including TokenInsight, which highlighted MEXC as a leader among centralized exchanges in February 2024.
MEXC's achievements in the crypto futures market underscore its role as a significant player in the derivatives market. MEXC continues to enhance its platform, expand offerings, and maintain high standards of security and user experience.