- In early April, MEXC launched one of the first USD1 Launchpools on an exchange platform.
- The campaign quickly attracted significant attention across the market.
- Rewards were calculated and distributed hourly, and users could redeem their staked assets at any time.
MEXC, a leading exchange known for 0-fee digital asset trading, announced the successful conclusion of its inaugural USD1 event series on May 13.
The campaign drew more than 161,773 participants, and new users generated a cumulative Futures trading volume of $2.4 billion, underscoring strong market interest in the USD1 ecosystem.
Event recap
Launched in April, the USD1 event series introduced a coordinated set of trading options, yield opportunities, and user incentives designed to lower costs and increase flexibility for participants.
From the outset the initiative generated strong market attention.
In early April, MEXC rolled out one of the first USD1 Launchpools, enabling users to stake USD1 and earn WLFI tokens. Rewards were calculated and distributed hourly, while stake redemptions were available at any time, creating a low-barrier, flexible participation model that attracted many users rapidly.
On the trading front, MEXC added multiple USD1 Spot and Futures trading pairs early in the campaign, covering major cryptocurrencies such as BTC, ETH, SOL, and XRP, along with tokenized assets like XAUT. Coupled with a limited-time zero-fee trading promotion, these listings materially reduced trading costs for users.
Using USD1 as a unified collateral for Futures trading helped mitigate the effect of crypto market volatility on margin assets, offering traders a more stable base for managing positions and executing strategies.
For incentives, the platform introduced several WLFI reward programs, allowing participants to earn WLFI tokens through a variety of engagement methods. Reported APRs reached up to 12%, and more than one million WLFI tokens were distributed during the event period, fueling continued interest in the USD1 ecosystem.
The campaign also included a USD1 trading competition with a 3 million WLFI prize pool, which further stimulated trading activity across USD1 pairs.
Participant registration grew steadily over the course of the event, rising from nearly 100,000 in the first month to more than 160,000 by the end. This growth demonstrates lasting market appeal and effective user acquisition for the USD1 initiative.
Looking ahead
The completion of the inaugural USD1 series coincided with MEXC’s 8th anniversary, marking a milestone as the exchange advances its strategy and platform offerings.
Aligned with its “Infinite Opportunities” vision, MEXC is progressing a brand upgrade and plans to expand access to high-quality assets through a wider range of trading products, yield solutions, and incentive programs. The platform aims to help global users capture market opportunities with lower costs and improved efficiency.
About MEXC
MEXC is among the fastest-growing cryptocurrency exchanges, serving more than 40 million users across 170+ markets. With a user-first philosophy, the platform offers 0-fee trading and access to over 3,000 digital assets.
As a gateway to diverse opportunities, MEXC enables trading in cryptocurrencies alongside tokenized instruments such as stocks, ETFs, commodities, and precious metals—all on a single platform designed for accessibility and breadth of choice.
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Risk Disclaimer:
This content is not investment advice. Cryptocurrency markets are highly volatile; investors should evaluate market conditions, project fundamentals, and potential financial risks before making trading decisions.