Defying the market trend, MEXC's Q1 market share surged to 7.88%, with TradeFi futures and gold both achieving breakthroughs in depth.

(This article is a compilation by MEXC and does not represent the views of MEXC, nor is it investment advice, buy or sell recommendation. See the liability warning at the end of the article for details.)

Late April 2026 – Cryptocurrency trading platform MEXC achieved simultaneous successes in both the spot and TradeFi futures sectors during the first quarter of 2026. According to TokenInsight's latest "Q1 2026 Cryptocurrency Exchange Report" (April 30), MEXC ranked second globally in spot trading with a 7.88% market share, representing a quarterly increase of 5.35 percentage points, the highest among tracked exchanges. Meanwhile, MEXC's own "Q1 2026 TradeFi Futures Report" (April 22) shows that its gold contracts ranked first in order book depth across the top five price levels, while silver and crude oil ranked third respectively. Amidst escalating geopolitical tensions and market corrections, MEXC demonstrated strong resilience and growth against the trend, thanks to its deep liquidity, rapidly expanding product line, and zero-fee model.

Spot Market: Maintaining its position as the world's No. 2 in market share, expanding against the trend.

• With a spot market share of 7.88%, it ranks second globally; while the total global spot trading volume fell to US$3.3 trillion in Q1, it maintained its ranking and continued to expand.
• The market share increased by 5.35 percentage points in a single quarter, the highest among its peers, reflecting users' continued confidence in the platform's experience and cost advantages.
• A fast and broad token listing strategy helps users access trending assets early, boosting overall activity.

TradFi Futures: Gold Ranked #1 in Depth, with Accelerated Growth Across All Categories

• Among the seven major platforms, MEXC ranks first in the top five depths for gold, significantly reducing slippage and real costs for large transactions; gold futures rank second overall, while silver and crude oil rank third.
• Strong trading momentum: Total turnover in February surged 138% compared to January, and increased by another 45% in March; the number of monthly active traders in Q1 grew by 58%.
• The product line grew by 62% quarter-on-quarter, covering precious metals, energy, US stocks, global indices, foreign exchange and ETFs; XAUT and SILVER ranked first and second respectively in the top ten of TradeFi futures trading volume (accounting for more than 90% of the total), while PAXG ranked fifth.
• Seizing the turning point in crude oil: USOIL (WTI) and UKOIL (Brent) perpetual futures were launched on January 30; the two products rose to 3rd and 4th place within two months, with a combined market share of 15.3% in Q1.
• Escalating tensions in the Middle East from late February to March led to significant volatility in oil and gold prices, with trading volume on March 3 reaching a quarterly high.

MEXC CEO Vugar Usi Zade stated, "The volatility in gold and crude oil has created a window of opportunity for well-prepared investors. MEXC's forward-looking product portfolio, deep liquidity capable of handling large orders, and frictionless fee structure enable users to execute orders decisively. Looking ahead to the first half of 2026, we will continue to expand asset accessibility and broaden our product portfolio, consistently transforming market changes into opportunities for our users."

Empowering global traders with zero fees and deep liquidity

• Zero transaction fees significantly lower the entry barrier and improve turnover efficiency.
• Deep order books and efficient matching ensure stable execution and reduce slippage during periods of high volatility.
• The dual-engine strategy of "spot trading + TradeFi futures" and the rapid new product launch strategy drive structural growth in users and transactions.

Brand Upgrade and Long-Term Vision

On its 8th anniversary, MEXC officially launched a new brand identity with the vision of "8 → ∞". Building on eight years of experience, MEXC will continue to deepen its expertise in digital assets and expand into tokenized assets (stocks, ETFs, commodities, and precious metals), providing global users with a broader, deeper, and more efficient investment platform.

Obtain the full report

• TokenInsight's "Cryptocurrency Exchange Report Q1 2026" shows changes in major exchanges in metrics such as trading volume, market share, and open interest; MEXC ranked second globally with a spot market share of 7.88%, an increase of 5.35 percentage points quarter-on-quarter.
• MEXC's "TradFi Futures Report Q1 2026" provides a detailed analysis of the trading structure, market share, and liquidity benchmarks for precious metals and energy products; gold ranks first in the industry in terms of top five liquidity levels, while silver and crude oil rank third respectively.

About MEXC

Founded in 2018, MEXC is dedicated to being "your simplest path to cryptocurrency." Serving over 40 million users in more than 170 countries worldwide, MEXC is renowned for its diverse selection of popular cryptocurrencies, frequent airdrop opportunities, and low transaction fees. We have meticulously crafted a user-friendly platform suitable for both novice and experienced investors, committed to providing a secure and efficient channel for digital asset trading. MEXC emphasizes simplicity and innovation, making cryptocurrency trading easier and more rewarding.

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