The cryptocurrency market is stabilising after months of uncertainty, with trading volumes are up, institutional investors are re-entering, and volatility is easing.
Amid this recovery, MEXC Exchange has strengthened its global position. According to TokenInsight’s Q3 2025 report, MEXC now ranks second worldwide in spot trading, capturing 10.91% of total market volume.
Analysts credit MEXC’s balanced approach across spot and derivatives trading, allowing steady growth even as competitors falter. This resilience underscores MEXC’s long-term strategy to maintain stability and investor confidence through market fluctuations.
TokenInsight Report Key Figures
- MEXC has entered the top 5 global exchanges, holding a 10.91% market share.
- The platform ranks second in spot trading volume at 8.93%.
- Derivatives account for 87% of trading on the platform, with an open interest of 5.32%.
- The MX token grew by 11.89%, with more than 2.3 million tokens burned.
MEXC Retains Second Place in Spot Trading
According to the report, the third quarter of 2025 was the most active since the beginning of the year. The cryptocurrency market capitalization grew by almost half a trillion dollars, from $3.46 trillion in June to $3.98 trillion by the end of September.
The report states that the combined trading volume of the ten largest exchanges reached $28.3 trillion, up 30% from the previous quarter. After two weak periods, the market has finally found a stable trajectory. Total spot trading volume increased by 30.5% over the quarter to $4.7 trillion, with the daily average reaching $51.6 billion.
In the spot market, MEXC retained its second place globally, behind only Binance. Its share reached 8.93%, strengthening its position among the leaders. TokenInsight notes the platform’s stable liquidity and order execution speed among the main factors behind the growth. Amidst high volatility in the altcoin sector, the exchange demonstrated stability and predictability.
According to the report, the combination of technological reliability and a balanced listing policy helped MEXC maintain trader confidence. The exchange does not pursue short-term volume, but rather focuses on long-term liquidity.
Derivatives Segment Strengthens Platform Balance
According to TokenInsight, cryptocurrency derivatives trading volume reached $26 trillion in Q3, up 28.7% from Q2, while average daily volume exceeded $283 billion. This segment growth was driven by investors’ return to interest in futures and perpetual contracts, as well as institutional activity.
MEXC’s share of open interest remained stable at 5.32%. Derivatives account for 87% of total trading volume on the platform, while the share of spot trading increased by another 0.8% compared to the previous quarter.
The report emphasizes that MEXC’s success in this segment is the result of systematic investments in infrastructure and liquidity management. The exchange has consistently improved its interface, updated its engine, and focused on smooth trade execution.
MX Token Shows Steady Growth
TokenInsight analysts call MX one of the most resilient tokens in the ecosystem: demand for it remains strong even during corrections. The exchange’s native token, MX, ended the quarter with an 11.89% gain, outperforming Bitcoin (6.7%).
According to the report, the token is becoming an increasingly important element of the MEXC ecosystem, integrating trading, staking, and loyalty programs. Over the course of three months, MEXC bought and burned over 2.3 million tokens, supporting the deflationary model and strengthening investor interest in the asset.
Outlook and Industry Context
TokenInsight expects that by the end of 2025, the market will continue to consolidate around large players with a transparent structure and strong liquidity.
According to analysts, MEXC is among trading platforms poised to benefit from this process: the exchange already combines scale, flexibility, and a sustainable business model.
