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MEXC, a leading global cryptocurrency exchange, has listed Cycle Network (CYC) on its platform, marking the token’s official debut on August 4, 2025 at 12:00 UTC [1]. To commemorate the listing, MEXC has launched the Airdrop+ event, offering a prize pool of $100,000 in CYC tokens and 15,000 USDT in incentives [2]. The event is open from August 4 at 08:00 (UTC) to August 14 at 08:00 (UTC), and includes several participation opportunities such as deposit bonuses, futures and spot trading challenges, and referral rewards. These incentives are specifically aimed at encouraging both new and existing users to engage with the CYC token on the platform.
Cycle Network is positioned as a bridge-less liquidity aggregation protocol that supports a wide range of blockchain networks, including major Layer 1, Layer 2, EVM, and non-EVM chains [1]. The protocol aims to solve liquidity fragmentation through chain abstraction and ZK-Rollup technology, enabling secure and efficient cross-chain communication. The native CYC token serves as the primary utility token within the ecosystem, used for platform payments, transaction fees, and liquidity incentives through mining and yield optimization. It also supports network security via staking and validator rewards.
MEXC’s decision to list CYC aligns with its broader strategy of offering early access to innovative blockchain projects. The platform’s Q2 2025 report by TokenInsight indicates a 2.4% quarter-over-quarter increase in spot market share, reflecting growing user adoption and platform effectiveness [1]. The launch of CYC is seen as a strategic step to further diversify MEXC’s asset offerings and reinforce its position as a key player in the evolving digital asset market.
The Airdrop+ event is structured to boost liquidity and user participation. For instance, new users can deposit and share $80,000 in CYC, while futures trading challenges offer 15,000 USDT in rewards. The spot challenge and referral program are open to all users, further broadening the appeal of the event. These initiatives are expected to generate short-term trading activity and attract a wider audience to the CYC token, potentially enhancing its visibility and adoption on the exchange.
MEXC has emphasized its commitment to user accessibility and innovation, offering over 3,000 tokens, daily airdrop benefits, competitive fees, and deep liquidity. The integration of CYC into its ecosystem supports this vision by expanding the range of projects available to its 40 million global users. The exchange plans to continue improving product offerings and services, aiming to deliver added value in the rapidly evolving crypto market.
The event also reflects MEXC’s broader efforts to stay ahead of market trends by supporting projects that offer technical advancements and scalable solutions. Cycle Network’s focus on cross-chain interoperability and liquidity aggregation aligns with the increasing demand for decentralized infrastructure and real-world asset integration within the crypto space [1]. As such, the listing of CYC on MEXC not only serves as a promotional tool but also as a strategic move to align with industry innovation and user demand.
Source:
[1] MEXC Lists Cycle Network (CYC) with $100,000 in CYC and 15,000 USDT Prize Pool Event
(https://www.globenewswire.com/news-release/2025/08/04/3126324/0/en/MEXC-Lists-Cycle-Network-CYC-with-100-000-in-CYC-and-15-000-USDT-Prize-Pool-Event.html)
[2] MEXC Lists Cycle Network (CYC) with $100,000 in CYC and 15,000 USDT Prize Pool Event
(https://www.bakersfield.com/ap/news/mexc-lists-cycle-network-cyc-with-100-000-in-cyc-and-15-000-usdt-prize/article_fac8f45b-0ef2-5fd3-9a14-5b9d80e499fb.html)
[3] Press Release Archives
(https://coinedition.com/tag/press-release/)

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