MEXC August TradFi Volume Jumps 130% as Memory and Semiconductor Futures Lead Growth

MEXC released its August TradFi trading data, showing a 130% increase in volume for stock, index and ETF futures compared with July. The platform also expanded its contract offering by 35% to more than 400 listings.

Memory and Semiconductor Futures Drive Activity

Trading in memory‑related stock futures broadened from a single dominant listing to multiple U.S. and Korean stocks. Five of the top ten futures by volume tracked memory and storage companies.

• SKHYNIX (SK hynix) ranked second overall and first among individual stock futures, with volume up roughly 401% month‑on‑month.
• Micron (MU) placed third, up about 267%.
• Combined volume for Korean‑linked futures (SKHYNIX, SKHY, Samsung, KORU) rose approximately 348%, increasing their share of total stock‑future volume from 14% to 27%.
• SanDisk (SNDK) continued to grow, though its share fell from 25% to 11%.

Semiconductor ETFs Gain Traction

Leveraged semiconductor ETFs saw the strongest gains:

• SOXL futures, offering 3× long exposure, surged about 1,192% and captured 20% of total stock‑future volume.
• SOXS futures, providing 3× inverse exposure, rose 436%.

By contrast, SPX500 futures, tracking the S&P 500, declined roughly 32%, indicating a shift toward sector‑specific exposure.

Spot Trading of Tokenized Stocks and ETFs Expands

Spot volume for tokenized stocks and ETFs grew 30% month‑on‑month, raising its share of TradFi spot volume from 63% to 73%.

• 99% of listings recorded higher volumes.
• The top ten assets accounted for only 12% of total spot volume, suggesting broad‑based participation.
• Circle (CRCL) led the list with a 69% volume increase.
• Coinbase (COIN) and Robinhood (HOOD) also ranked in the top ten, together with Nebius (NBIS) – up 188% – and NVIDIA (NVDA) – up 54%.

Other Notable Movers

• SpaceX (SPCX) futures rose about 45%.
• Tesla (TSLA) futures surged roughly 784%, ranking tenth.

Platform Highlights

MEXC enables trading of U.S., Korean and Hong Kong equities with USDT in a single account, offering 24/7 long and short positions. Weekend trading accounted for about 11% of August’s futures volume. The “0808: Stock Season” 0‑fee event attracted over 86,000 participants and saved them more than $1 million in fees.