Summary
Q2 2026 marked a shift in market attention from Q1’s macro-driven demand for hedging, commodities, and broad RWA exposure toward AI infrastructure, U.S. equity-linked opportunities, and event-driven trading.
Against this backdrop, MEXC advanced a more complete U.S. equity product path, bringing together Pre-IPO opportunities, stock futures, tokenized equities, and real U.S. stock and ETF trading within a unified platform. Strong demand for SPACEX(PRE), which generated over 173M USDT in subscriptions across two Launchpad rounds, demonstrated user interest in early access to high-profile private-market opportunities. The June launch of RealStocks further extended this path into real U.S. stock and ETF trading through a licensed securities broker partner, surpassing 120,000 cumulative users by quarter end.
Beyond product expansion, MEXC strengthened its ecosystem foundations through the appointment of Vugar Usi as CEO, expanded USD1 integration, and a new TradingView integration for crypto derivatives trading.
New Listings
Spot Market Recap:
The top 10 new tokens by spot trading volume posted an average maximum gain of 2,152%. AI and infrastructure projects took four of the ten spots while Memes narrowed to three. The AI names that made the list, GPU-backed lending (CHIP), decentralized compute (OPG), and confidential compute (ARX), were underlying infrastructure rather than concept assets. By ecosystem, BSC and SOL held 3 seats each and ETH held 2, spreading new-token liquidity evenly across chains. This structure indicates that AI × Crypto has become a stable, cross-ecosystem source of demand, increasingly expressed through infrastructure rather than sentiment.
Top Gainers:
The highest-gain leaderboard further confirms capital concentrating around AI. The top 10 gains ranged from +2,981% to +7,988%, averaging +4,956%. AI-agent-related projects took 6 of the ten spots while Memes were left with just 1 (ANSEM), a clear reversal from Q1’s meme-dominated gain rankings. By ecosystem, BSC alone held 6 seats and SOL held 3. Structurally, this quarter’s price breakouts were driven not by AI concept speculation but by the underlying layers powering the AI-agent economy: intent settlement (SYRT), AI trading agents (CS), and identity trust (BILL). This AI thread also stands out as a structural trend positioned to carry into the second half of the year.
Leadership & Ecosystem Development
CEO Appointment & Brand Upgrading
In this quarter, MEXC appointed Vugar Usi as Chief Executive Officer. Vugar Usi brings more than a decade of high‑growth, transformational experience across Fortune 500 companies and leading Web3 platforms—including his role in scaling Bitget into a top‑tier exchange. As MEXC’s COO, he led initiatives to deepen transparency and enhance risk management. With this track record, he now steps into the CEO role to advance the company’s vision fully, decisively and swiftly.
Along with the new leadership, MEXC launched a comprehensive brand upgrade to mark its 8th anniversary. This milestone transformation signals MEXC’s evolution from a traditional exchange into a universal gateway for global markets, built on the two core pillars of “0 Fees” and “Infinite Opportunities”.
USD1 Partnership
MEXC has announced a series of initiatives to integrate and expand the use of USD1, a US dollar stablecoin, across its ecosystem on April 3,2026. By incorporating USD1 into its trading infrastructure and product suite, MEXC aims to broaden its use cases across the platform, including trading support, product integration, and wider ecosystem participation, while providing global users with more diverse and resilient stablecoin options.
MEXC’s First USD1 Event attracted more than 161,773 participants, while new users generated a cumulative Futures trading volume of $2.4 billion, highlighting strong market demand for the USD1 ecosystem.
Tradingview Partnership
MEXC integrated with TradingView, the popular charting platform. This integration enables users to execute perpetual futures trades directly within the TradingView interface, ensuring a seamless transition from market analysis to instant trade execution.
MEXC CSR Program
In Q2 2026, MEXC Foundation continued to expand its social impact efforts through initiatives focused on blockchain education, youth empowerment, and humanitarian support. Across the Philippines, the Foundation supported programs designed to strengthen digital knowledge, broaden access to Web3 learning, and provide relief to communities affected by natural disasters.
- Davao Blockchain Workshop (Philippines): Supported blockchain, AI, and cybersecurity training programs for university educators, helping strengthen local digital talent development.
- Philippines Campus Series: Brought Web3 education directly to university hecampuses, introducing students to blockchain technology and emerging career opportunities in t digital economy.
- Mindanao Earthquake Emergency Relief Initiative: Supported emergency relief efforts for families displaced by the Mindanao earthquake, extending MEXC Foundation’s impact beyond education into humanitarian assistance and community support.
Product & Innovation
In Q2 2026, MEXC continued to expand its product and innovation roadmap across new asset access, Pre-IPO opportunities, real U.S. equity trading, stock futures, and prediction markets. The quarter’s product updates reflected a broader push to connect crypto native liquidity with global market opportunities across multiple asset classes.
Airdrop+ Campaigns
In Q2, Airdrop+ hosted 41 events with a total prize pool exceeding 1.76M USDT, covering popular new listings including GENIUS, ZEST, and SLX. June was the most active month, with 15 events and over 700K USDT in rewards. Through basic deposit and trading tasks, Airdrop+ continued to provide users with a low-barrier way to participate in early-stage token opportunities.
Launchpad
SPACEX(PRE) led MEXC Launchpad activity in Q2. Across two rounds, the campaign recorded more than 74,000 participant entries and generated over 173M USDT in total subscriptions.
The first round reached a peak oversubscription ratio of 15.5x, while the second exceeded 30x, drawing 36,105participants and generating 117.57M USDT in subscriptions. SPACEX(PRE) traded 12% above its subscription price at listing and reached a 38% peak return based on its post-listing high.
MEXC RealStocks
MEXC officially launched RealStocks on June 1, enabling eligible users to access real U.S. stocks and ETFs through a licensed securities broker partner. The product provides access to over 7,000 U.S. stocks and ETFs and attracted more than 120,000 cumulative users by the end of Q2.
Users traded 814 assets, including 15 with trading volume exceeding 100,000 USDT, while account-opening-to-deposit conversion reached 52%. By June 18, MEXC RealStocks had also completed dividend settlements for 34 U.S. stock and ETF assets.
Stock Futures
MEXC Stock Futures gained further traction in Q2 as users increasingly used crypto infrastructure to access U.S. equity-linked opportunities. Following Micron’s June earnings release, MU futures trading volume on MEXC rose approximately 142% from the previous day, while related AI memory and storage instruments including SanDisk, SK hynix, and DRAM ETF also saw higher trading activity. This showed that demand for stock futures was extending beyond single U.S. equity names toward broader AI supply chain themes.
SpaceX-related futures became one of the strongest examples of this trend. Since its IPO on June 12, SPCXUSDT perpetual futures accumulated over 7.1B USDT in trading volume. Weekly trading activity rose by as much as 1,727%, while open interest increased 2,687% from launch, reflecting active participation beyond short-term trading flows.
Prediction Market
MEXC launched the Combo feature for its Prediction Market on June 9, enabling users to combine multiple event outcomes within a single position. From early to late June, average daily Prediction Market trading volume increased by over 6,700%, while average daily trading users rose by over 3,200%. Following its launch, average daily Combo trading volume increased by nearly 590%, indicating strong early adoption of multi-outcome trading.
Security & Infrastructure
Strong Reserve Strengthening
The MEXC June 2026 PoR report shows an average reserve ratio of 156.5% across major assets, including a 269% reserve ratio for BTC. The report confirms that MEXC reserves exceed user balances, ensuring user assets on the platform are fully backed.
Futures Insurance Fund Excellence
In July, MEXC’s futures insurance fund reached a record high of $753M USDT. This significant fund strengthens protection for futures traders against market volatility and negative equity, enhancing MEXC’s ability to ensure fair settlement and minimize auto-deleveraging during extreme market conditions.
Anti-Fraud Intelligence
Between May and June, MEXC identified 4,394 illicit networks and 9,518 fraudulent accounts through its risk monitoring system. The majority of detected activity was concentrated in the CIS region, which accounted for 2,096 accounts, followed by Indonesia with 1,229 accounts, highlighting these regions as key areas for ongoing risk mitigation.
Illicit Asset Intervention
MEXC also continued to strengthen its response to illicit fund inflows. Between May and June, the platform handled 497 assistance requests related to suspected fraudulent assets, including 53 judicial freezing requests. During the reporting period, the team successfully intercepted 7 illicit asset cases, preventing the transfer of approximately 303,277.37 USDT in suspected fraudulent funds.
Community & Events
In Q2 2026, MEXC executed a high-impact offline event strategy across Latin America, Europe, Central Asia, Southeast Asia, and the Indo-Pak region. The quarter’s momentum was driven by a powerful blend of high-level thought leadership and three massive global campaigns:
- 8th Anniversary Celebrations: Spearheaded regional “Infinite Opportunities” celebrations to launch our major brand upgrade, successfully debuting our new logo positioning across key markets.
- Pizza Day Meetups in May: Activated viral, localized community events, including the Sri Lanka Pizza Truck, the Pizza Day Party in Bolivia, and the VIP Pickleball matches in Taiwan
- High-energy World Cup Parties: Capitalized on global football fever for viral watch nights and meetups with exclusive World Cup merch drops that are scaling directly into July
- CEO Visibility: Solidified trust and brand positioning on the global stage with our new CEO Vugar Usi attending and speaking at major industry gatherings like Istanbul Blockchain Week and Blockchain Life and our regional spokespersons in various events like Philippine Blockchain Week