MEXC Lists Term Finance, Offers 120,000 TERM Rewards

MEXC, a prominent global cryptocurrency exchange, has announced the listing of Term Finance (TERM) on March 26, 2025 (UTC). This listing is accompanied by a special Launchpool event featuring a prize pool of 120,000 TERM tokens, offering users the opportunity to earn rewards by staking USDT, MX, or TERM tokens.

The TERM token, with a total supply of 100,000,000, serves as the utility token for Term Finance, a decentralized fixed-rate lending protocol. The platform utilizes on-chain auctions to facilitate loans, allowing users to secure fixed-rate returns with crypto-backed loans. This mechanism provides a transparent and competitive market-clearing rate for both borrowers and lenders.

To celebrate the listing, MEXC is launching two events: the TERM Finance’s Launchpool event and the Airdrop+ event. The Launchpool event runs from March 24 to 26, 2025 (UTC), with participants able to stake USDT, MX, or TERM tokens to earn from the 120,000 TERM prize pool. New users have access to an exclusive 60,000 TERM staking pool, while all users can participate in the general pool by staking MX or TERM. The participation process is straightforward, requiring users to sign up for a MEXC account, complete KYC, and deposit the required tokens into the Launchpool. Holding at least 25 MX unlocks additional benefits, and new users must deposit funds after the event begins to be eligible for the USDT pool.

The Airdrop+ event, running from March 24 to April 3, 2025 (UTC), offers a total prize pool of 109,000 USDT. This event provides users with another opportunity to earn rewards by participating in the activities organized by MEXC.

MEXC has established itself as an industry leader by providing users with early access to promising web3 projects. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings. The exchange leads the industry with the highest number of spot listings and the fastest listing speed, adding new tokens in bi-weekly cycles. By prioritizing low-market-cap projects and quickly listing trending tokens, MEXC remains at the forefront of emerging market trends. With advantages such as low fees, deep liquidity, and daily airdrops, MEXC has become the platform of choice for an increasing number of cryptocurrency traders.

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 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.