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MEXC
CEXOpen Interest
$2.517bKey Metrics
Volume (30d)$49.917b
7d$16.767b
24h$2.301b
All-time$517.045b
Turnover (30d)19.8x
Markets379
Reference Assets356
Asset Groups13
Share of CEX OI18.5%
Est. Fees (30d)$8.43m
24h$389,859
All-time$84.49m
Est. Annual$102.55m
Taker Fee0 bps
Markets
| Market | Open Interest | Volume | Price | Funding | Est. Fees | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Asset Type | Access Model | Pair | Interval | ||||||||||||
| mexc:xau_usdtGold | Commodity Perp | Permissioned | $391.08m | -24.77% | $391.74m | $3.327b | $9.501b | XAU-USDT | $4,066 | +1.16% | +0.055% | +3.61% | 4h | 1,000x | $78,349 | $1.9m |
| mexc:xaut_usdtTether Gold (XAUT) | Commodity Perp | Permissioned | $348.49m | +18.35% | $162.86m | $1.366b | $5.109b | XAUT-USDT | $4,054 | +1.04% | -0.063% | -7.28% | 4h | 1,000x | $32,572 | $1.02m |
| mexc:silver_usdtSilver | Commodity Perp | Permissioned | $187.22m | +10.54% | $247.07m | $1.745b | $5.803b | SILVER-USDT | $54.42 | +0.87% | +0.074% | +0.27% | 4h | 1,000x | $0 | $0 |
| mexc:sndkstock_usdtSandisk Corporation | Stock Perp | Permissioned | $86.03m | +25.45% | $218.82m | $1.039b | $2.126b | SNDK-USDT | $1,301 | +2.72% | +0.027% | 0% | 8h | 200x | $43,764 | $425,105 |
| mexc:ukoil_usdtCrude Oil (Brent) | Commodity Perp | Permissioned | $81.12m | -2.62% | $25.14m | $200.86m | $939.61m | UKOIL-USDT | $109.54 | -1.51% | -0.21% | 0% | 4h | 200x | $2,514 | $93,961 |
| mexc:skhynixstock_usdtSK hynix Inc. | Stock Perp | Permissioned | $59.54m | +3.81% | $155.34m | $939.43m | $2.762b | SKHYNIX-USDT | $1,037 | +4.88% | +0.098% | 0% | 4h | 200x | $31,068 | $552,484 |
| mexc:spx500_usdtS&P 500 Index | Equity Index Perp | Permissioned | $58.86m | +5.75% | $8.54m | $171.81m | $846.11m | SPX500-USDT | $7,720 | +0.67% | -0.001% | -1.34% | 8h | 200x | $1,708 | $169,222 |
| mexc:usoil_usdtCrude Oil (WTI) | Commodity Perp | Permissioned | $53.86m | -7.60% | $94.03m | $589.31m | $1.662b | USOIL-USDT | $99.96 | -2.35% | 0% | -0.88% | 4h | 200x | $9,403 | $166,174 |
| mexc:rblxstock_usdtRoblox Corporation | Stock Perp | Permissioned | $36.83m | +2.48% | $114,336 | $3.26m | $5.01m | RBLX-USDT | $54.64 | +2.48% | 0% | -1.63% | 8h | 20x | $22.87 | $1,002 |
| mexc:mustock_usdtMicron Technology, Inc. | Stock Perp | Permissioned | $36.14m | -29.41% | $129.83m | $1.059b | $5.02b | MU-USDT | $934.67 | +2.61% | +0.041% | +0.03% | 8h | 200x | $25,967 | $1m |
| mexc:spcxstock_usdtSpace Exploration Technologies Corp. | Stock Perp | Permissioned | $35.56m | +6.30% | $59.69m | $570.38m | $1.324b | SPCX-USDT | $150.24 | +1.25% | +0.047% | +1.64% | 8h | 200x | $11,939 | $264,827 |
| mexc:nas100_usdtNasdaq-100 Index | Equity Index Perp | Permissioned | $33.34m | -9.58% | $10.23m | $111.47m | $583.93m | NAS100-USDT | $29,671 | +1.28% | 0% | +0.64% | 8h | 200x | $2,047 | $116,787 |
| mexc:crclstock_usdtCircle Internet Group, Inc. | Stock Perp | Permissioned | $32.06m | +5.48% | $15.19m | $55.45m | $166.56m | CRCL-USDT | $81.01 | +1.41% | +0.062% | 0% | 8h | 100x | $3,039 | $33,311 |
| mexc:spy_usdtState Street SPDR S&P 500 ETF Trust | ETF Perp | Permissioned | $28.32m | +21.28% | $14.15m | $175.53m | $763.04m | SPY-USDT | $771.04 | +0.65% | +0.042% | 0% | 8h | 100x | $2,830 | $152,607 |
| mexc:tesla_usdtTesla, Inc. | Stock Perp | Permissioned | $26.31m | +70.06% | $56.71m | $176.48m | $391.61m | TSLA-USDT | $407.64 | +3.39% | +0.01% | 0% | 8h | 100x | $11,342 | $78,321 |
| mexc:xpt_usdtPlatinum | Commodity Perp | Permissioned | $23.62m | -2.57% | $1.68m | $23.04m | $59.21m | XPT-USDT | $1,538 | +0.27% | +0.083% | 0% | 8h | 100x | $0 | $0 |
| mexc:cad_usdtCanadian Dollar | Forex Perps | Permissioned | $22.81m | -0.20% | $101,004 | $990,863 | $3.37m | CAD-USDT | $0.71 | -0.20% | +0.056% | +1.89% | 8h | 100x | $40.40 | $1,347 |
| mexc:gbp_usdtBritish Pound | Forex Perps | Permissioned | $22.2m | -0.27% | $125,750 | $1.36m | $5.68m | GBP-USDT | $1.33 | -0.28% | +0.038% | +1.67% | 8h | 100x | $50.30 | $2,273 |
| mexc:paxg_usdtPax Gold | Commodity Perp | Permissioned | $22.18m | -0.46% | $1.23m | $9.79m | $35.28m | PAXG-USDT | $4,063 | +0.80% | +<0.001% | +0.99% | 4h | 100x | $245.69 | $7,056 |
| mexc:nvidia_usdtNVIDIA Corporation | Stock Perp | Permissioned | $20.84m | +2.03% | $15.76m | $109.67m | $435.48m | NVDA-USDT | $218.18 | +0.82% | +0.028% | 0% | 8h | 200x | $3,153 | $87,096 |
| mexc:mstrstock_usdtStrategy Inc | Stock Perp | Permissioned | $19.66m | +28.56% | $12.96m | $101.48m | $447.2m | MSTR-USDT | $140.54 | -0.26% | +0.043% | +2.19% | 8h | 100x | $2,593 | $89,440 |
| mexc:msftstock_usdtMicrosoft Corporation | Stock Perp | Permissioned | $19.46m | +1.97% | $2.93m | $18.94m | $87.66m | MSFT-USDT | $532.26 | -0.04% | +0.002% | 0% | 8h | 100x | $585.45 | $17,533 |
| mexc:aaplstock_usdtApple Inc. | Stock Perp | Permissioned | $18.35m | +4.72% | $4.28m | $25.63m | $94.01m | AAPL-USDT | $346.70 | +0.98% | -0.006% | 0% | 8h | 100x | $856.74 | $18,802 |
About MEXC
MEXC is a global crypto exchange founded in 2018 as MXC and rebranded MEXC Global in 2021, known for one of the widest altcoin and futures catalogs in the industry. Its founders and beneficial owners are not publicly disclosed, and since April 2026 the exchange has been led by CEO Vugar Usi, who joined as COO in late 2025, alongside Chief Strategy Officer Cecilia Hsueh. MEXC launched USDT-margined US stock perpetual futures in July 2025 with a first phase covering COIN, HOOD, NVDA, AAPL, AMZN, GOOGL, META, TSLA and MCD, and has since built one of the largest RWA perp books among centralized exchanges, with roughly 330 contracts spanning stocks, ETFs, pre-IPO names such as SPCX, indices, commodities and FX under collision-suffix symbols like AAPLSTOCK_USDT. Contracts are margined and settled in USDT, with USDC and USD1 margined variants on some contracts, and funding on standard futures settles every eight hours at 00:00, 08:00 and 16:00 UTC. Stock futures traded in sync with US market hours at launch before moving to 24/7 trading, and MEXC is currently waiving trading and funding fees on many stock contracts under a limited-time campaign with no announced end date. The venue is an offshore platform open to global retail users outside jurisdictions restricted in its terms, and the Seychelles FSA identified MX Global Ltd as its operating company in 2026.
Entity
Legal entityNot disclosed by MEXC. The Seychelles FSA identified MX Global Ltd (Seychelles IBC No. 238047) as the entity operating the platform in May 2026.
HeadquartersNot disclosed. Historically associated with Seychelles registration, with the Seychelles FSA identifying Seychelles company MX Global Ltd as the platform operator in 2026, and operations commonly reported in Singapore.
Founded2018
Primary chainCex
Entity structure
MEXC does not publish a corporate structure. MEXC Global Ltd (Seychelles IBC No. 218833) was historically associated with the platform, was struck off the register in August 2023 and dissolved in December 2024. The Seychelles FSA identified MX Global Ltd (Seychelles IBC No. 238047) as the current platform operator in May 2026. Operational bases are commonly reported in Singapore but are not confirmed by the company.
Regulation
MEXC holds no license from any major securities or derivatives regulator for its global platform, and its RWA perpetual futures are offered from an offshore structure. In a press release dated 26 May 2026 the Seychelles Financial Services Authority identified MX Global Ltd, a Seychelles IBC, as the operator of the MEXC platform, found it in breach of the Seychelles VASP Act 2024 for operating without a license, and said it was initiating enforcement measures including referral for possible legal action. The FSA had earlier confirmed that MEXC Global Ltd, the entity historically associated with the platform, was struck off the Seychelles register in August 2023 and dissolved in December 2024 without ever holding a license. MEXC has also accumulated warnings and restrictions from regulators in multiple other jurisdictions and restricts US users in its terms.
Markets
Open Interest by asset group
Asset classes
Fees & revenue
Revenue modelPerp Maker/Taker Fees
ConfidenceIssuer-Disclosed
Perp Maker Fee0 bps
Perp Taker Fee0 bps
Margin Settlement AssetsUSDT, USDC, USD1
Fees Last Verified2026-08-06
Zero-fee stock-perp promo active (standard tiers apply otherwise). conceptPlate API tags. Quote variants are separate contracts.
How the estimate is built
Subsidies or rebates: Stock zone fees vary per contract, many at 0/0 under the promo campaign, others up to 1 bp maker and 4 bps taker per the public contract API
Milestones
- 2018Founded as MXC
- 2021-06Rebranded to MEXC Global
- 2025-07US stock perpetual futures launched with limited-time zero trading and funding fees
- 2026-04Vugar Usi appointed CEO and USD1-margined futures launched in partnership with World Liberty Financial
- 2026-05Seychelles FSA names MX Global Ltd as unlicensed operator of the platform
- 2026-07CoinGecko-based report ranks MEXC second in TradFi perpetual futures volume at $323.9B with 159 TradFi perpetuals listed, and Ondo tokenized stock spot pairs listed