MEXC Bridges DeFi Gaps with XPL Discount and Stablecoin Focus

MEXC, a leading global cryptocurrency exchange, has launched the XPL Launchpad, offering new users a 50% discount on XPL token subscriptions and a total prize pool of 242,857 XPL. The initiative, spanning from September 19 to 25, 2025 (UTC), aims to provide investors with early access to Plasma, a high-performance Layer 1 blockchain optimized for global stablecoin payments. XPL, Plasma’s native token, facilitates transactions and rewards network participants, positioning it as a key asset for decentralized payment infrastructure.

New users can subscribe to the XPL Launchpad via a dedicated USDT pool at a discounted rate of 0.35 USDT per XPL, a 50% reduction from the standard 0.7 USDT price. The event allocates 200,000 XPL for this pool, with a minimum subscription of 5 USDT and a maximum of 40 USDT per participant. To qualify, users must complete Advanced KYC verification, maintain a $100 net deposit, and trade at least 25,000 USDT in Futures during the event period. Additionally, participants can increase their subscription limits by up to 100% by fulfilling additional Futures trading volume tasks.

A separate KOL (Key Opinion Leader) prize pool of 42,857 XPL is available for select users. Both referrers and referrals can earn tickets by meeting Advanced KYC requirements, maintaining a $100 net deposit, and achieving 50,000 USDT in Futures trading volume. Each qualifying referral generates one ticket for both parties, with the 42,857 XPL distributed proportionally once 50 tickets are issued.

MEXC’s Launchpad has demonstrated strong user engagement, with three August events attracting over 50,000 participants and raising approximately $5.7 million. Notable successes include the ETH Launchpad, where new users earned over 1,093% returns, and the WLFI Launchpad, which saw gains of 220% within the first hour of trading. These results underscore MEXC’s role in bridging blue-chip stability with emerging project opportunities.

Founded in 2018, MEXC serves 40 million users across 170+ countries, offering a user-friendly platform with low trading fees, airdrop opportunities, and a diverse token selection. The exchange emphasizes simplicity and innovation, aiming to democratize access to digital assets for both novice and experienced traders.

The XPL Launchpad aligns with MEXC’s strategy to support projects with real-world utility. Plasma’s focus on stablecoin payments addresses growing demand for scalable, low-cost solutions in cross-border transactions. By offering discounted access and incentivizing participation, MEXC aims to foster early adoption of XPL, which could enhance the token’s liquidity and utility in the decentralized finance (DeFi) ecosystem.

[1] MEXC Launches XPL Launchpad: 50% Discount for New Users and 242,857 XPL Prize Pool (https://techannouncer.com/mexc-launches-xpl-launchpad-50-discount-for-new-users-and-242857-xpl-prize-pool/)

[2] MEXC Launches XPL Launchpad: 50% Discount for New Users and 242,857 XPL Prize Pool (https://www.globenewswire.com/news-release/2025/09/19/3152972/0/en/MEXC-Launches-XPL-Launchpad-50-Discount-for-New-Users-and-242-857-XPL-Prize-Pool.html)

[3] MEXC Launches XPL Launchpad: 50% Discount for New Users and 242,857 XPL Prize Pool (https://coinedition.com/mexc-launches-xpl-launchpad-50-discount-for-new-users-and-242857-xpl-prize-pool/)