In Q1 2025, the cryptocurrency market faced a significant downturn, yet MEXC managed to show steady growth in both spot and derivatives markets.
Market Share Growth Despite Industry Decline
According to TokenInsight's Q1 2025 report, MEXC was one of the few major centralized exchanges to grow its presence while the total market saw a 12.53% decline in trading volume. MEXC's market share increased from 12.47% to 13.06% quarter-over-quarter, marking a notable achievement amidst declining investor activity.
Leading the Charge in Derivatives
MEXC's notable performance in the derivatives segment saw a market share increase of 4.3%, rising from 8.2% to 12.5%. This marks the largest gain among all top 10 derivatives exchanges during a time of declining volumes and heightened market uncertainty.
Exchange Stability Amid Market Turmoil
Following major security incidents in Q1, traders increasingly migrated toward secure platforms. MEXC capitalized on this trend, with both trading volume and user adoption rising as confidence in competitor platforms diminished.
Despite market upheavals and regulatory changes, MEXC remains committed to innovation and product development, ensuring its position as a leading exchange in a changing market landscape.
