In their new report, MEXC Research examines changes in token models and the impact on the cryptocurrency ecosystem. The report highlights the passage through centralization and decomposition of platforms and evaluates new token distribution mechanisms.
Key Findings from the Report
The report reveals that MEXC Launchpad launched five projects in H1 2025 with an average peak ROI of 10.83x. In contrast, Bybit showed the highest single-project ROI (Xterio, 14.71x), but required users to participate in staking programs.
Financial Performance of Platforms
The report compares numerous token launches on key platforms, highlighting that MEXC ranked first in the number of projects in H1 2025. Gate.io stands out for having the lowest participation entry (1 USDT minimum), but most allocations go to stakers. DEX platforms, while gaining popularity due to open access, face increasing fraud risks.
Outlook and Recommendations
The report emphasizes the need for improving token launch structures, recommending the implementation of valuation caps to avoid inflated FDVs, expanding public round participation ratios, and replacing VIP-only access with flexible qualification criteria. These suggestions may help create a more sustainable ecosystem for users and projects.
The overall overview from MEXC Research's report demonstrates not only the increasing activity on token launch platforms but also the need for new distribution models that consider participant interests and ensure greater transparency.
