Crypto exchange MEXC has claimed the top spot in global Tether Gold (XAUT) perpetual trading volume, confirmed by multiple third-party data platforms including CoinMarketCap, CoinGecko and CoinGlass. The surge comes as spot gold prices hit fresh all-time highs in early 2026, boosting demand for tokenized gold assets. MEXC has expanded its real-world asset (RWA) offerings to capture the trend.
Double Crown: 24-Hour and Total Volume
According to CoinMarketCap and CoinGecko, MEXC leads in 24-hour XAUT perpetual volume. CoinGlass data shows the exchange’s cumulative XAUT perpetual volume has reached $3.43 billion, well ahead of competitors. The milestones reflect deep liquidity and growing user engagement in digital commodity trading.
Zero-Fee Gala with $1M Prize Pool
MEXC is running a “Commodity Zero-Fee Gala” from February 5 to March 7, 2026 (UTC). Eligible trading pairs include XAUT, PAXG, SLVON, GOLD (XAUT)/USDT and SILVER (XAG)/USDT, all with zero maker/taker fees. A total prize pool of $1 million is up for grabs, incentivizing traders to participate.
User Base and Growth
Founded in 2018, MEXC now serves over 40 million users across 170+ countries. The exchange positions itself as “Your Easiest Way to Crypto” and regularly lists trending tokens with daily airdrops. The XAUT perpetual volume leadership underscores its growing influence in the RWA sector.