Episode Details

This story was originally published on HackerNoon at: https://hackernoon.com/mexc-achieves-20x-growth-in-gold-futures-captures-up-to-47percent-market-share-with-zero-fee-strategy.
MEXC’s zero-fee strategy drove 20X growth in gold futures, capturing up to 47% market share and $555M in daily volume.
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MEXC achieved a 20X surge in gold futures trading, growing market share from 2.4% to 47% in under two months. Its zero-fee trading strategy, paired with deep liquidity and up to 100x leverage, pushed daily volume to $555M and fueled similar gains in silver futures. The exchange is now positioned as a leader in crypto-based precious metals derivatives.