News
MEXC Ranks Second Globally by Trading Volume- A Closer Look at Its Rise
MEXC trading volume hit $150.4B in July 2025, ranking 2nd globally with 8.6% market share, reflecting rapid growth and strong user adoption
The cryptocurrency exchange industry has always been competitive, but recent data shows that MEXC has firmly secured its place among the top players.
Also read: MEXC Exchange Review 2025: Fees, Features & Why Traders Love It
According to a study by CoinGecko, MEXC ranked as the second-largest centralized exchange by trading volume in July 2025, holding 8.6% market share and processing $150.4 billion in spot trading volume.
This milestone represents a 61.8% increase from June, when the exchange recorded $93 billion in volume, making July MEXC’s second-best month of 2025, only slightly behind May’s $163.1 billion.
For a platform that was ranked eighth just earlier in the year, this progress highlights both momentum and strategic execution.
From Growth in Users to Trading Innovation
Behind the numbers is a broader story of expansion. Earlier this year, MEXC announced that its global user base had surpassed 40 million, up from 30 million in December 2024, a 33% growth in just five months.
This rapid adoption has been fueled by several factors:
Active Token Listings: In May alone, MEXC listed 214 new tokens, with trading volume tied to these listings increasing by 46.7%.
Higher User Engagement: Average trading volume per user rose 45.09% in the same period, showing that users were not only joining the platform but also trading actively.
Sector Opportunities: MEXC gave early access to high-performing tokens in AI, GameFi, and meme coins.
This ability to capture user interest around trending assets has allowed MEXC to build stronger liquidity while reinforcing its reputation as a launchpad for new projects.
Security and Transparency at the Core
Beyond growth, MEXC has also worked to strengthen trust. In August 2025, the exchange released its latest Proof of Reserve audit, which confirmed over-collateralization across all major cryptocurrencies.
Bitcoin reserves stood at 129.85%, while stablecoin reserves surpassed $2.66 billion.
These measures ensure that MEXC users have complete backing of their deposits with extra security buffers, which is a critical factor for traders during volatile market conditions
The combination of transparency and strong reserve ratios adds an extra layer of reliability in an industry where user protection is essential.
Flexible KYC and Global Access
For many traders, getting started often comes down to how easily they can join and trade. MEXC’s flexible KYC process gives it an advantage over competitors.
In most supported regions, users can start trading with basic verification, enjoying meaningful withdrawal limits before upgrading to higher KYC levels if needed.
This flexibility, combined with a fast verification process (usually within one business day), has made MEXC attractive to global traders who value both speed and access.
What Sets MEXC Apart
MEXC’s progress in trading volume is not an isolated achievement. It reflects a broader strategy built on:
Innovative Features: High-leverage futures trading (up to 300x on select pairs) and advanced trading tools.
Community Engagement: Regular airdrops, launchpools, and global events that keep users connected.
Strategic Focus: Continued attention to high-growth sectors such as AI, GameFi, Real World Assets (RWA), and the TON ecosystem.
Together, these elements position MEXC as a platform that balances growth, security, and user opportunity.
Looking Ahead
If the first half of 2025 is any indication, MEXC is on a trajectory to continue expanding its influence in the global crypto market.
With steady growth in trading volume, a growing user base, strong proof of reserves, and a flexible onboarding process, the exchange is shaping the future of trading by combining accessibility with trust.
As competition among exchanges remains intense, MEXC’s ability to scale without losing focus on user security and transparency may be its biggest advantage.
For traders, this ranking is a signal that MEXC is fast becoming a reliable and influential platform in the global cryptocurrency landscape.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees.
Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets.
Also read: MEXC Stock Futures Launch Sparks Positive Trading Revolution with 0 Fees and Top Liquidity
MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
Ultimate Communications announces the HAMZAT biopic premiere at Ikeja City Mall, featuring Nollywood stars and Oba Elegushi as Royal Father of the Day
Dauda Lawal swears in five permanent secretaries in Zamfara, urging them to follow public service rules, financial regulations and relevant laws
Zamfara State Governor, Dauda Lawal, has sworn in five new permanent secretaries, urging them to comply with Public Service Rules, financial regulations and other relevant laws in the discharge of their duties.
Also read: 2027: 21 Adamawa LG Chairmen, 226 Councillors Dump PDP for APC
The swearing-in ceremony took place on Thursday at the Grand Chamber of the Government House in Gusau, the state capital.
The newly appointed permanent secretaries are Ahmad S. Zamfara, Nasiru Halilu Anka, Mu’azu Jibril Guraguri, Adamu Abdullahi Kanoma and Sani Muhammad Shinkafi.
The Chief Judge of Zamfara State, Justice Kulu Aliyu, administered the oath of office to the appointees, who pledged allegiance to the Federal Republic of Nigeria in accordance with the Constitution and the law.
Speaking at the ceremony, Lawal congratulated the new permanent secretaries, describing their appointments as recognition of their experience, abilities and readiness to take on greater responsibilities.
He said their roles extended beyond personal career advancement, noting that their decisions and conduct would influence government performance and the welfare of residents.
“The Permanent Secretary is central to Government, providing administrative leadership, institutional continuity, and policy advice while implementing approved programs,” the governor said.
He added that permanent secretaries were responsible for maintaining discipline, coordinating their establishments and ensuring that public resources were used for their intended purposes.
Lawal said his administration remained committed to strengthening government institutions and improving public administration to support Zamfara’s development priorities.
He noted that the civil service played a critical role in translating government decisions into practical results, particularly in the delivery of essential services.
The governor urged the new appointees to align their work with his administration’s priorities through proper planning, realistic implementation strategies, effective supervision and continuous assessment of results.
He also called on them to maintain constructive and professional relationships with commissioners and other political officeholders.
According to Lawal, political leaders are responsible for setting policy, while career civil servants provide the institutional knowledge, technical advice and administrative capacity needed to implement it.
He stressed that mutual respect and cooperation between political officeholders and career civil servants were essential to effective governance.
Also read: 2027: 21 Adamawa LG Chairmen, 226 Councillors Dump PDP for APC
The governor urged the permanent secretaries to uphold discipline and professionalism while ensuring that their departments supported the administration’s development agenda and served the needs of the people of Zamfara.
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