MEXC Outpaces Binance in Liquidity as Traders Flock to Blazing Arena Wins

MEXC has concluded the "MEXC Win: Blazing Arena" futures trading tournament, with the winning team securing a $120,000 prize. The event, held from August 12 to September 2, 2025, attracted 84,125 participants, with 507 teams competing in what marked a 22% increase in registration compared to a previous tournament in April. The tournament featured individual challenges designed to enhance user participation and foster strategic engagement. MEXC’s flexible tournament structure allowed for dynamic team formations and adjustments, catering to a range of trading styles and reinforcing the platform’s commitment to fostering innovative competition formats in the crypto trading space [3].

The high participation numbers reflect growing interest in competitive futures trading, particularly among active crypto traders seeking to test their strategies and earn rewards. MEXC, which serves over 40 million users globally, has consistently positioned itself as a platform that emphasizes user experience, accessibility, and competitive benefits. Through events like the "Blazing Arena," MEXC reinforces its role as a facilitator of community-driven engagement and skill-based challenges, which aligns with its broader mission of democratizing crypto trading [3].

In addition to the tournament, MEXC has recently expanded its offerings through its partnership with the Ondo Global Markets Alliance, a collaborative ecosystem uniting key players in blockchain and finance. This alliance, initiated by Ondo Finance, aims to enhance liquidity, interoperability, and compliance for tokenized real-world assets (RWAs) by establishing standardized infrastructure and protocols. MEXC joined the alliance and listed tokenized stocks, including NVDAon, TSLAon, AMZNon, and others, providing users with a diversified investment portfolio and broader access to tokenized equities [4].

This strategic move highlights MEXC’s focus on innovation and its ability to anticipate market trends. By listing tokenized stocks, MEXC is not only aligning with the growing trend of asset tokenization but also offering its users access to a broader array of financial instruments. The platform’s ability to execute such initiatives—coupled with its extensive selection of over 3,000 tokens, daily airdrops, and low trading fees—positions it as a leader in the evolving crypto asset ecosystem [4].

MEXC’s competitive edge extends beyond its product offerings. A recent liquidity analysis revealed that MEXC outperformed major rivals such as Binance, OKX, and Bybit in terms of execution quality, particularly in BTC/USDT and ETH/USDT trading pairs. The study highlighted MEXC’s tight spreads, deep market depth, and minimal slippage as key differentiators. For instance, a $1 million ETH trade on MEXC incurred a slippage cost of just $2.5, compared to $151 on Gate.io. This performance is attributed to MEXC’s robust liquidity infrastructure, which ensures that both retail and institutional traders can execute orders efficiently and predictably, even during periods of market turbulence [5].

The platform’s ability to maintain low hidden trading costs is a critical factor for traders prioritizing execution efficiency. MEXC’s liquidity depth, measured in the amount of two-sided resting orders available within specific price ranges, was found to be significantly higher than that of its competitors. For BTC/USDT, MEXC aggregated approximately $450 million in liquidity within a ±0.2% price band, compared to $40–85 million on other platforms. This structural advantage allows MEXC to handle large-volume trades without significant price impact, a feature that is particularly valuable for professional traders and institutions [6].

The combined effect of MEXC’s superior spreads, depth, and slippage metrics underscores its position as a leader in true liquidity provision. These metrics are not just abstract indicators but have direct implications for user trading outcomes. MEXC’s ability to consistently deliver tight spreads and minimal slippage, alongside deep order books, means that traders experience lower friction costs, higher profitability, and greater confidence in their execution. This has contributed to MEXC’s rising prominence in the global crypto exchange landscape, particularly as the industry continues to shift toward platforms that prioritize execution quality over headline pricing [6].

Source: [1] MEXC Joins Ondo Global Markets Alliance and Lists Tokenized Stocks with $150,000 Reward Pool Event (https://www.globenewswire.com/news-release/2025/09/03/3143748/0/en/MEXC-Joins-Ondo-Global-Markets-Alliance-and-Lists-Tokenized-Stocks-with-150-000-Reward-Pool-Event.html) [2] MEXC Wraps Up "MEXC Win: Blazing Arena" Futures Trading Tournament (https://intellectia.ai/news/crypto/mexc-concludes-mexc-win-blazing-arena-futures-tournament-with-top-team-winning-120000-prize) [3] MEXC Joins Ondo Global Markets Alliance And Lists Tokenized Stocks (https://blog.mexc.com/mexc-ondo-global-markets-alliance-tokenized-stocks/) [4] Research Shows MEXC Beats Binance, OKX, and Bybit on Transparent Trading Costs (https://www.cryptopolitan.com/research-shows-mexc-beats-binance-okx-and-bybit-on-transparent-trading-costs/) [5] Comparing Hidden Trading Costs: Liquidity Analysis (https://coincodex.com/article/72640/comparing-hidden-trading-costs/)