MEXC sees 21% rise in new‑token traders and 31% jump in tokenized stock volume in August

MEXC released its August trading data, showing notable growth across both emerging crypto tokens and traditional‑finance (TradFi) assets.

New‑token market expands

The number of users trading new tokens on the platform rose 21% month over month. The top‑performing token, Niu Lai (牛来), posted a peak gain of 14,143%. Across the top 10 tokens by peak gain, the average peak increase was 3,358%, up 145% from the previous month. Five of these tokens also ranked in the top 10 by spot trading volume, together accounting for 65% of volume among the top‑10 new tokens.

Within the top‑10 by volume, memecoins contributed 55% of total trading volume, while projects focused on AI, real‑world assets (RWA), DeFi and cross‑chain infrastructure made up the remaining 45%.

Tokenized stocks drive TradFi spot growth

TradFi spot trading volume grew 13% month over month, led by a 31% increase in tokenized stock volume. Tokenized stocks such as CRCL, NBIS and SPCX ranked among the top 10 assets by volume. Gold‑linked PAXG (GOLD) saw a 43% rise in volume, taking the top spot in TradFi spot.

Precious‑metal futures remain dominant

In TradFi futures, precious‑metal contracts continued to dominate, with overall volume up 32% month over month. XAU volume jumped 57%, silver rose 39%, while XAUT fell 10%.

Platform campaigns boost activity

MEXC ran three flagship campaigns—TradFi, xStocks and MOVE—each with a total prize pool of 1 million USDT. The “TradFi Million‑Dollar Gala” attracted over 174,000 registrations and generated an average daily trading volume of 4.2 billion USDT.