Cryptocurrency exchange MEXC reported a significant increase in trading volume and user activity in the first quarter of 2025 after launching a zero-fee campaign.
Surge in Trader Activity and Trading Volume
In the first quarter of 2025, MEXC saw a 17.8% increase in active traders and a 170.2% increase in trading volume. The main driver of this growth was the introduction of popular trading pairs like SOL/USDT, HYPE/USDT, and S/USDT.
Top Performing Trading Pairs
The most active pairs during the campaign included SOL/USDT and ADA/USDT. The SOL/USDT pair experienced a trading volume increase of 185.62%, making up 19% of total futures trading volume. ADA/USDT showed an impressive growth of 369.44%.
Campaign Results and MEXC's Future
The zero-fee campaign positioned MEXC as a leader in trading volume during Q1. The success can be attributed to well-chosen trading pairs and a simplified fee structure. The exchange continues to evaluate the results and explore new ways to enhance user experience.
The launch of the zero-fee campaign has been a significant step for MEXC, offering traders attractive trading conditions and solidifying the exchange's market position.