According to CoinGecko’s latest market share report for July 2025, MEXC has become the world’s second-largest centralized exchange by spot trading volume, processing $150.4 billion and capturing 8.6% of global activity.
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. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
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Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.