MEXC Lists Shardeum (SHM) With $72,000 Prize Pool

MEXC, a prominent global cryptocurrency exchange, has announced the listing of Shardeum (SHM) in its Innovation Zone, effective May 8, 2025 (UTC). This addition is accompanied by three exclusive events featuring a combined prize pool of 72,000 SHM and 150,000 USDT.

Shardeum is an EVM-compatible, autoscaling blockchain designed with dynamic state sharding to ensure permanently low gas fees while maintaining full decentralization and robust security. The project aims to create an affordable blockchain ecosystem with sustainably low gas fees. Shardeum has secured over $31 million in funding from leading investors, including Struck Crypto, Arrington Capital, Big Brain Holdings, Spartan Group, Amber Group, Foresight Ventures, and Jane Street.

The native token of the Shardeum ecosystem, $SHM, serves both utility and governance purposes. It is used for fee payments, validator staking, and on-chain governance, playing a crucial role in the platform’s consensus mechanism. This alignment of incentives secures the network and supports sustainable Web3 innovation.

To celebrate the listing, MEXC has launched three events for its users. The first event, the Shardeum (SHM) Launchpool, allows users to stake USDT or MX from May 2, 11:00 to May 4, 11:00, 2025 (UTC), to earn a share of 63,360 SHM. This initiative provides early access to SHM through token staking.

The second event encourages users to invite new users who register, deposit at least 100 USDT, and participate in the Launchpool event. Each new user invited earns the referrer 8 SHM, with a maximum of 160 SHM per participant. Rewards will be distributed on a first-come, first-served basis.

The third event, Airdrop+, runs from May 2, 11:00 to May 16, 11:00, 2025 (UTC), and offers several benefits. New users can deposit and share 72,000 USDT in Futures bonuses. All users can participate in the Spot Challenge and Futures Challenge to share 10,000 USDT and 50,000 USDT in Futures bonuses, respectively. Additionally, users can invite new users to share 18,000 USDT in Futures bonuses.

MEXC has established itself as an industry leader by providing users with early access to promising crypto projects. The exchange has listed more than 3,000 digital assets and continues to innovate and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.

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

Founded in 2018, MEXC is committed 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 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.