MEXC Surges to Third Place Among Global Crypto Exchanges, Doubles Trading Volume in 2025
In Brief
MEXC, the fastest-growing global cryptocurrency exchange, redefining a user-first approach to digital assets through true zero-fee trading, has secured the third position among centralized exchanges worldwide, capturing 7.8% market share and recording $1.5 trillion in spot trading volume throughout 2025, according to Coingecko.
MEXC, the fastest-growing global cryptocurrency exchange, redefining a user-first approach to digital assets through true zero-fee trading, has secured the third position among centralized exchanges worldwide, capturing 7.8% market share and recording $1.5 trillion in spot trading volume throughout 2025, according to Coingecko.
The exchange demonstrated exceptional growth of 90.9% year-over-year, significantly outpacing the industry average of 7.6% and establishing itself as the fastest-growing platform among the top 10 exchanges. This momentum continued through December 2025, when MEXC processed $86.0 billion in monthly spot trading volume.
“We are proud to stand among the top three fastest-growing exchanges in a year when much of the industry struggled to expand,” said Vugar Usi, Chief Operating Officer of MEXC. “While many competitors leaned heavily on institutional flows, we built our platform around retail users. That focus allowed us to attract new traders, boost activity, and capture meaningful market share. Our goal is simple: challenge the status quo by pushing barriers to entry as close to zero as possible, so both high-frequency traders and retail users can participate without compromise.”
The platform’s aggressive zero-fee policy has proven transformative in attracting diverse trading activity. While competitors maintained traditional fee structures, MEXC’s approach resonated particularly well with active traders seeking to maximize returns and retail investors entering the cryptocurrency market.
MEXC’s ascent becomes more remarkable when contextualized within the broader market. While industry leader Binance saw volumes contract by 0.5% and second-place Bybit declined 13.7%, MEXC’s growth trajectory positioned it alongside other rising platforms like Bitget (+45.5%) and Gate (+39.7%). The exchange now processes comparable volume to Bybit’s $1.5 trillion, despite Bybit’s longer market presence.
The achievement follows a year of sustained momentum across the cryptocurrency sector, with the top 10 exchanges collectively processing $18.7 trillion in trading volume during 2025. MEXC’s performance contributed significantly to this total while capturing market share from established competitors.
Looking ahead, MEXC remains focused on expanding its zero-fee commitment while enhancing platform infrastructure and user experience. The exchange continues to prioritize accessibility, security, and innovation as core pillars of its growth strategy.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
