Stablecoins are designed to reduce crypto volatility by tracking fiat currencies, commodities, or other digital assets. They are widely used in trading, payments, and transfers, but depegging, limited transparency, and centralization remain major risks.
Silver fell as much as 17% in 24 hours, erasing a two-day rebound. On Hyperliquid, tokenized silver product XYZ:SILVER saw a forced liquidation of about $17.75 million, with roughly $16.82 million tied to long positions.
DeFiLlama data shows MEXC recorded $175 million in net inflows in February 2026, placing fourth among major centralized exchanges behind Binance, Deribit, and Bitget.
MEXC secures the No.1 position in XAUT perpetual volume across CoinMarketCap, CoinGecko and CoinGlass, with total volume reaching $3.43 billion. A zero-fee gala with a $1M prize pool runs until March 7.
MEXC has launched its Commodity Zero-Fee Gala, offering zero-fee trading on tokenized commodity assets, staking yields, and $1 million in rewards from Feb. 5 to March 7, 2026.
MEXC has launched its biggest zero-fee campaign to date, running from April 16 to May 13 and covering hundreds of spot and futures pairs, including crypto, commodities, and tokenized U.S. stocks.
MEXC said its global spot market share reached 7.88% in Q1 2026, ranking second, while its gold futures order book depth placed first among seven major platforms.
MEXC announces Gold vs. Crypto campaign from March 6 to April 4, 2026, offering zero-fee trading, high-yield staking, and a $1 million total prize pool, with a $200 airdrop for new users.
