MEXC said its spot and TradFi futures businesses both expanded in Q1 2026. According to TokenInsight’s Q1 2026 Crypto Exchange Report, released on April 30, the exchange’s global spot market share reached 7.88%, putting it in second place. The report also showed a quarterly gain of 5.35 percentage points, the largest increase among tracked exchanges, even as total global spot trading volume fell to $3.3 trillion.
Spot market share rose during a broader pullback
The material said MEXC held onto its No. 2 ranking while continuing to expand. It linked that performance to platform experience, lower trading costs, and a broad token listing strategy aimed at giving users earlier access to trending assets. Those factors, according to the article, helped support user activity during a weaker market quarter.
Gold order book depth led the group
In a separate Q1 2026 TradFi Futures Report published by MEXC on April 22, the exchange said its gold contract ranked first in top-five-level order book depth among seven major platforms. Gold futures ranked second overall, while silver and crude oil placed third. The company said deeper liquidity can reduce slippage and effective trading costs for larger orders.
MEXC also pointed to trading momentum across the quarter. Total volume in February jumped 138% from January, then rose another 45% in March. Monthly active traders increased by a cumulative 58% during the quarter. The product line grew 62% quarter over quarter, covering precious metals, energy, U.S. equities, global indices, forex, and ETFs. By the company’s figures, XAUT and SILVER ranked first and second among the top 10 TradFi futures products by trading volume, with a combined share above 90%, while PAXG placed fifth.
New oil contracts climbed to third and fourth
The exchange said it listed USOIL (WTI) and UKOIL (Brent) perpetual futures on January 30. Within two months, the two products moved up to third and fourth place, with a combined Q1 market share of 15.3%. The source also noted that rising tensions in the Middle East from late February to mid-March drove sharp moves in oil and gold, and trading volume on March 3 marked the highest single-day level of the quarter.
MEXC CEO Vugar Usi Zade said volatility in gold and oil created a trading window for prepared investors. He said the platform’s product rollout, liquidity for larger orders, and low-fee structure were designed to support execution. The company also said it introduced a new brand identity built around “8 → ∞” during its eighth anniversary and plans to keep expanding tokenized assets, including stocks, ETFs, commodities, and precious metals.
The original source stated that the piece was sponsored content written and provided by MEXC, does not represent the publisher’s editorial position, and should not be treated as investment advice.