Gregory Pudovsky
Revealed: April 02, 2025 at 11:05 am Up to date: April 02, 2025 at 11:05 am
In Transient
MEXC has skilled a considerable rise in perpetual futures buying and selling quantity all through 2024, capturing the best market share in perpetual buying and selling and OI quantity amongst all centralized exchanges.
MEXC, a number one international cryptocurrency change, skilled a considerable rise in perpetual futures buying and selling quantity all through 2024. In line with CoinGecko’s newest annual report, MEXC captured the best market share in perpetual buying and selling and open curiosity (OI) quantity amongst all centralized exchanges.
Key Takeaways:
MEXC’s share of perpetual buying and selling quantity elevated from 3% to 11% in 2024.
The change’s OI market share doubled in This fall 2024, main all opponents.
MEXC entered the highest 5 exchanges, with the entire annual perpetual buying and selling quantity reaching $58.5 trillion.
MEXC’s share of the perpetual futures market grew from simply 3% initially of 2024 to 11% by year-end — a notable achievement pushed by the platform’s deep liquidity, aggressive charge construction, and progressive buying and selling options. This efficiency positioned MEXC among the many high 5 centralized perpetual exchanges, collectively recording $58.5 trillion in buying and selling quantity for the yr. This makes 2024 probably the most lively yr within the historical past of futures buying and selling on the crypto market.
All year long, MEXC confirmed regular development throughout key metrics. Its perpetual buying and selling quantity share practically quadrupled, whereas its OI market share doubled by This fall. The change’s robust give attention to itemizing probably the most trending and in-demand tokens, mixed with low charges in each futures and spot buying and selling, has made it a go-to choice for a lot of merchants worldwide.
The change obtained extra recognition from institutional studies equivalent to TokenInsight, which said the change captured the most important market share amongst centralized exchanges in February 2024, incomes it a spot among the many high 5 exchanges in total market share. By figuring out developments quicker than its opponents, MEXC continues to strengthen its place amongst top-tier exchanges.
MEXC’s substantial development in perpetual buying and selling and open curiosity quantity market share demonstrates the change’s rising function as a serious power within the cryptocurrency derivatives market. In line with CoinDesk information, the change additionally captured the most important market share amongst centralized exchanges in February 2024, securing a spot within the international high 5 for total buying and selling quantity.
These achievements, supported by the platform’s complete token choices and methodical strategy to capturing market developments, place MEXC as a key participant in driving the evolution of cryptocurrency buying and selling. MEXC stays devoted to enhancing its platform, increasing its choices, and upholding the best requirements of safety and consumer expertise.
About MEXC
Based in 2018, MEXC is dedicated to being “Your Best Technique to Crypto.” Serving over 34 million customers throughout 170+ nations, MEXC is thought for its broad choice of trending tokens, on a regular basis airdrop alternatives, and low buying and selling charges. Our user-friendly platform is designed to help each new merchants and skilled traders, providing safe and environment friendly entry to digital belongings. MEXC prioritizes simplicity and innovation, making crypto buying and selling extra accessible and rewarding.
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About The Writer
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a priceless contributor to varied on-line magazines. With a wealth of expertise within the monetary business, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at the moment devoted to writing a e book about cryptocurrency and blockchain.
Extra articles
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a priceless contributor to varied on-line magazines. With a wealth of expertise within the monetary business, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at the moment devoted to writing a e book about cryptocurrency and blockchain.
