After a prolonged period of decline and investor apprehension, the cryptocurrency market has shown signs of recovery. Trading volumes are on the rise, institutional investors are re-entering the space, and market volatility has become more manageable.
During this evolving market landscape, the cryptocurrency exchange MEXC has not only maintained its standing but has also solidified its position. A recent report by TokenInsight for Q3 2025 indicates that MEXC has entered the top 5 largest global exchanges, capturing a significant 10.91% share of the total trading volume.
Experts at TokenInsight attribute MEXC's sustained growth to a well-balanced operational model. The exchange effectively develops its spot and derivatives businesses in parallel, avoiding imbalances that could hinder progress. This balanced approach enables steady growth for MEXC, even during periods of market fluctuation, demonstrating resilience and strategic confidence where other platforms may falter.
TokenInsight Report Highlights Key Achievements
- •MEXC has secured a position within the top 5 global exchanges, holding a 10.91% market share.
- •The platform ranks second globally in spot trading volume, with an 8.93% market share.
- •Derivatives trading constitutes 87% of the platform's total trading volume, with an open interest of 5.32%.
- •The native MX token experienced a notable increase of 11.89% during the quarter, with over 2.3 million tokens being burned.
MEXC Maintains Second Place in Global Spot Trading Volume
The third quarter of 2025 proved to be the most active period of the year for the cryptocurrency market. The overall market capitalization saw a substantial increase, growing by nearly half a trillion dollars, from $3.46 trillion in June to $3.98 trillion by the close of September.
According to the TokenInsight report, the combined trading volume across the ten largest exchanges reached $28.3 trillion, marking a 30% increase from the preceding quarter. This indicates that after two less active periods, the market has finally established a stable upward trajectory. Total spot trading volume for the quarter rose by 30.5%, reaching $4.7 trillion, with a daily average volume of $51.6 billion.
In the competitive spot trading market, MEXC successfully retained its second-place global ranking, trailing only Binance. The exchange's market share in spot trading reached 8.93%, further solidifying its status among the leading platforms. TokenInsight specifically cited MEXC's consistently stable liquidity and efficient order execution speed as key contributors to this growth. Amidst considerable volatility observed in the altcoin sector, MEXC demonstrated remarkable stability and predictability for its users.
The report further suggests that MEXC's combination of robust technological infrastructure and a well-considered listing policy has been instrumental in maintaining trader confidence. The exchange prioritizes long-term liquidity over chasing short-term volume gains, a strategy that appears to be paying dividends.
Derivatives Segment Contributes to Platform's Balanced Growth
The derivatives market also experienced significant activity in Q3, with trading volumes reaching $26 trillion, an increase of 28.7% compared to Q2. The average daily volume in this segment surpassed $283 billion. This growth was largely fueled by a renewed investor interest in futures and perpetual contracts, alongside increased institutional participation.
MEXC's share of the total open interest remained steady at 5.32%. Derivatives trading accounted for 87% of the platform's overall trading volume, while the share attributed to spot trading saw a further increase of 0.8% from the previous quarter.
The TokenInsight report highlights that MEXC's success in the derivatives sector is a direct result of systematic investments in its infrastructure and sophisticated liquidity management strategies. The exchange has consistently focused on enhancing its user interface, upgrading its trading engine, and ensuring smooth and reliable trade execution.
MX Token Demonstrates Consistent Performance
Analysts at TokenInsight have identified the MX token as one of the most resilient assets within the cryptocurrency ecosystem, noting its sustained demand even during market downturns. The exchange's native token, MX, concluded the quarter with an 11.89% gain, outperforming Bitcoin's performance of 6.7% during the same period.
The report indicates that the MX token is increasingly becoming a vital component of the MEXC ecosystem, seamlessly integrating trading functionalities, staking rewards, and loyalty programs. Over the three-month period, MEXC executed a buyback and burn of more than 2.3 million tokens, a move that supports its deflationary model and further enhances investor interest in the asset.
Industry Outlook and MEXC's Position
TokenInsight anticipates that by the end of 2025, the cryptocurrency market will continue to consolidate around major players that exhibit transparent operational structures and robust liquidity. This trend is expected to favor exchanges that can offer stability and reliability.
According to the analysts, MEXC is well-positioned to benefit from this market consolidation. The exchange already combines significant scale, operational flexibility, and a sustainable business model, making it a strong contender in the evolving landscape.
The complete TokenInsight's Crypto Exchanges Report Q3 2025 is accessible via the following link: TokenInsight Report.
About MEXC
Established in 2018, MEXC operates under the guiding principle of "Your Easiest Way to Crypto." With a user base exceeding 40 million across more than 170 countries and regions, MEXC is recognized for its extensive selection of trending digital assets, frequent airdrop opportunities, and competitive low trading fees. The platform is engineered to cater to both novice traders and experienced investors, providing secure and efficient access to a wide range of digital assets. MEXC consistently prioritizes user experience and innovation, aiming to make crypto trading more accessible and rewarding for everyone.