MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking

VICTORIA, Seychelles, April 2, 2025 MEXC, a leading global cryptocurrency exchange, experienced a substantial rise in perpetual futures trading volume throughout 2024. According to CoinGecko’s latest annual report, MEXC captured the highest market share in perpetual trading and open interest (OI) volume among all centralized exchanges.

Key Takeaways: 

  • MEXC’s share of perpetual trading volume increased from 3% to 11% in 2024.
  • The exchange’s OI market share doubled in Q4 2024, leading all competitors. 
  • MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.

MEXC’s share of the perpetual futures market grew from just 3% at the start of 2024 to 11% by year-end — a notable achievement driven by the platform’s deep liquidity, competitive fee structure, and innovative trading features. This performance placed MEXC among the top five centralized perpetual exchanges, collectively recording $58.5 trillion in trading volume for the year. This makes 2024 the most active year in the history of futures trading on the crypto market.

Throughout the year, MEXC showed steady growth across key metrics. Its pe…

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