MEXC Partners With TON For Zero-Fee Trading Campaign Offering 400% APR

MEXC, a prominent global cryptocurrency exchange, has announced a groundbreaking partnership with The Open Network (TON) that introduces a $1 million reward pool campaign. This initiative, known as the “TON Triumph” campaign, is set to run from May 21 to June 20, 2025. The campaign aims to disrupt traditional exchange revenue models by eliminating all trading fees on TON pairs and offering staking returns that are significantly higher than typical yields.

Tracy Jin, the COO of MEXC, highlighted the strategic significance of this partnership. She stated that by removing all entry costs for TON trading for a full month and offering returns that surpass those of competitors, MEXC is not just running a promotion but fundamentally changing how users engage with emerging Layer-1 ecosystems.

The 30-day campaign introduces several disruptive elements that challenge the dominance of other exchanges in the TON market. These include a zero-fee trading structure for TON/USDT, TON/USDC, and TON/EUR spot pairs, as well as TONUSDT futures and all TON/USDE network withdrawals. This move eliminates traditional revenue mechanisms that have defined exchange business models. Additionally, new users can stake TON tokens to earn up to 400% APR, which is 100 times higher than typical cryptocurrency staking returns and several hundred times above traditional banking products. The zero-fee structure also democratizes trading access, giving retail traders the same economic advantages previously available only to professional and institutional traders. High-yield staking pools operate on a first-come, first-served basis, with participants limited to 250 TON tokens per user, creating urgency for early participation.

The campaign also includes passive rewards of up to 8% daily APR for USDE holders, spot trading rewards from a pool of 32,500 TON, and a futures trading competition with 100,000 USDT in bonuses. This partnership is pivotal for The Open Network, which continues to gain momentum through its connection to Telegram’s 900+ million users and growing developer ecosystem. The collaboration represents a significant leap forward in TON’s accessibility and adoption curve. By drastically reducing barriers to entry while providing exceptional incentives, the campaign accelerates the integration of new participants into the TON ecosystem, coinciding precisely with the network’s rapidly expanding technical capabilities and use cases.

The campaign also showcases MEXC’s platform capabilities, demonstrating advanced infrastructure that can handle zero-fee trading across multiple markets simultaneously while managing high-volume staking operations with variable APR structures. The $1 million in rewards is available exclusively during the 30-day window, with certain high-value components like the 400% APR staking pool starting on May 21th and operating on a capped allocation basis. MEXC has created a streamlined onboarding process that allows new users to complete registration and KYC verification in minutes, with the campaign accessible to eligible participants globally through both web and mobile interfaces.