MEXC Reports 21% Growth in New-Token Traders, 31% Surge in Tokenized Stocks
MEXC said new-token trader accounts grew 21% month-over-month in August, with the top performer gaining 14,143%. Tokenized stock trading volume surged 31% over the same period, driven by demand for both memecoins and infrastructure projects.
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New-Token Market Expansion
MEXC reported that users trading new tokens on its platform rose 21% month-over-month in August. The top 10 tokens by peak gain averaged a 3,358% gain, up 145% from July, with Niu Lai (牛来) posting the highest single-token gain at 14,143%, according to the exchange's published data.
Five of the ten highest-gain tokens also ranked among the top 10 by trading volume, collectively accounting for 65% of volume in that cohort. Among the ten most-traded new tokens overall, memecoins contributed 55% of volume, while AI, RWA, DeFi, and cross-chain infrastructure projects accounted for the remaining 45%.
Tokenized Assets and TradFi Growth
MEXC's TradFi Spot trading volume increased 13% month-over-month in August, with tokenized stock trading volume climbing 31% over the same period. The exchange did not break out volume figures by absolute dollar amount or provide a breakdown of which tokenized stocks drove the increase.
The divergence between memcoin-led activity in new tokens and the broader TradFi expansion suggests demand is splitting between speculative early-stage assets and traditional-asset exposure through tokenization.
Why It Matters
For Traders
MEXC's new-token volume data reflects continued retail demand for early-stage tokens and memecoins; traders should note that 55% of top-ten new-token volume came from memecoins, signaling where speculative positioning is concentrated.
For Investors
The 31% month-over-month surge in tokenized stock trading suggests growing institutional and retail interest in on-chain equity exposure, a potential growth vector for centralized exchanges entering traditional finance.
For Builders
Infrastructure projects (AI, RWA, DeFi, cross-chain) collectively captured 45% of top-ten new-token volume, indicating sustained ecosystem interest in interoperability and application-layer solutions beyond pure speculation.
This article is for information only and is not financial advice. Read the full disclaimer.
