MEXC Lists Initia (INIT) With 115,000 INIT Prize Pool

MEXC, a prominent global cryptocurrency exchange, has announced the listing of Initia (INIT) on April 24, 2025 (UTC). This listing is accompanied by a celebratory event featuring a prize pool of 115,000 INIT and 50,000 USDT, aimed at both new and existing users.

Initia is the first interwoven optimistic-rollup network, designed to reconstruct multichain architecture with native interoperability and shared liquidity. As a full-stack Layer 1+2 platform, Initia supports both EVM and Move VM, facilitating seamless cross-ecosystem collaboration. The platform is developed by veterans from top DeFi and blockchain security teams and is backed by notable investors including YZi Labs, Hack VC, Delphi Digital, and Theory Ventures.

The native utility token of the Initia ecosystem, $INIT, powers key functions such as gas payments, staking, governance, cross-chain transfers, and liquidity provision. These utilities drive user participation and support the growth of a secure and decentralized Initia ecosystem.

To celebrate the listing, MEXC will launch an Airdrop+ event from April 18 to May 4, 2025 (UTC). The event includes several activities: depositing and sharing 90,000 INIT (exclusive to new users), a Spot Challenge where users can trade to share 10,000 INIT, a Futures Challenge where users can trade to share 50,000 USDT in futures bonus, and an invitation program where users can invite new users to share 15,000 INIT.

MEXC has established itself as a leading exchange by offering users early access to high-potential crypto assets. In 2024, the platform listed 2,376 new tokens, including 1,716 initial listings. MEXC's agility in capturing emerging market trends is evident in its high listing frequency, consistently ranking among the top platforms. The exchange is committed to expanding its asset offerings and helping users seize timely opportunities in the fast-moving crypto market.

For full event details and participation rules, users can visit the official MEXC website.

Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. The user-friendly platform supports 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.

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.