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Project Overview
MEXC is a one-stop cryptocurrency trading platform. It offers support for over 160 cryptocurrency contract transactions, 1,600 cryptocurrency spot transactions, and 400 cryptocurrency ETF transactions.
ESPORTS Spot and Binance Futures Contracts Showed a 45% Price Spread; Funding Rate Turned Negative
According to on-chain analyst Ai Aunt (@ai9684xtpa), the on-chain price of ESPORTS temporarily diverged from Binance’s perpetual contract price by as much as 45%, with a negative funding rate. The current on-chain spot price stands at approximately $0.04072, while Binance’s perpetual contract price is around $0.0492—still reflecting a 20.8% price gap. Reports indicate that Gate, MEXC, and Bitget have suspended token deposits, preventing effective arbitrage from narrowing the price gap between on-chain markets and centralized exchanges, thereby further impacting the performance of Binance’s perpetual contract price index.
A whale withdrew 10.86 million CHIP tokens from a CEX, worth $1.26 million.
According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address Whale0x9eC9 withdrew a total of 10.86 million CHIP tokens—worth approximately $1.26 million—from MEXC and Binance within the past 12 hours.
Trader who previously made 3500x profit spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago
Odaily News According to Lookonchain monitoring, trader "J3jfq8" spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago. Previously, he made a profit of at least $3.8 million on MOODENG, achieving a return of over 3500x. He spent 8.1 SOL ($1,072) to buy 33.4 million MOODENG when its market cap was only $320,000, and later sold for profit via DEX and MEXC.
tea Protocol Mainnet Officially Launches, Native Token TEA Lists on Multiple Trading Platforms Simultaneously
According to Odaily, open-source software Layer 2 network tea Protocol announced that its mainnet and native token TEA officially launched at 08:00 Beijing time on June 4. TEA simultaneously listed on Aerodrome, MEXC, Gate, and KuCoin for trading.It is reported that Aerodrome has opened TEA liquidity pool voting, allowing veAERO holders to participate in reward distribution and guide liquidity. In the future, users will also be able to access TEA-related liquidity services through mainstream wallets such as Coinbase Wallet, Binance Wallet, OKX Wallet, and Trust Wallet.Tim Lewis, co-founder of tea Protocol, stated that as AI accelerates software development, the open-source software ecosystem's demand for transparent, trusted, and sustainable infrastructure continues to grow. Tea aims to build a new value network serving open-source developers.
MEXC Officially Launches AI Strategy, Completing the Full Trading Loop
MEXC AI has completed a comprehensive upgrade, officially launching a completely free and open AI Strategy feature. Users can generate trading strategies, monitor social media signals in real-time, and execute trades automatically around the clock simply through natural language conversation, without needing to write code or constantly watch the markets. This upgrade marks the evolution of MEXC AI from a decision-support tool into an independently executable trading agent, working together with Smart K-line and AI Advisor to form the complete trading loop of "Discover-Judge-Execute."It is reported that in Q1 2026, the cumulative number of monthly active users for MEXC AI-related features surpassed 1.04 million.
Related news
tea Protocol Mainnet Officially Launches, Native Token TEA Lists on Multiple Trading Platforms Simultaneously
According to Odaily, open-source software Layer 2 network tea Protocol announced that its mainnet and native token TEA officially launched at 08:00 Beijing time on June 4. TEA simultaneously listed on Aerodrome, MEXC, Gate, and KuCoin for trading.It is reported that Aerodrome has opened TEA liquidity pool voting, allowing veAERO holders to participate in reward distribution and guide liquidity. In the future, users will also be able to access TEA-related liquidity services through mainstream wallets such as Coinbase Wallet, Binance Wallet, OKX Wallet, and Trust Wallet.Tim Lewis, co-founder of tea Protocol, stated that as AI accelerates software development, the open-source software ecosystem's demand for transparent, trusted, and sustainable infrastructure continues to grow. Tea aims to build a new value network serving open-source developers.
ESPORTS Spot and Binance Futures Contracts Showed a 45% Price Spread; Funding Rate Turned Negative
According to on-chain analyst Ai Aunt (@ai9684xtpa), the on-chain price of ESPORTS temporarily diverged from Binance’s perpetual contract price by as much as 45%, with a negative funding rate. The current on-chain spot price stands at approximately $0.04072, while Binance’s perpetual contract price is around $0.0492—still reflecting a 20.8% price gap. Reports indicate that Gate, MEXC, and Bitget have suspended token deposits, preventing effective arbitrage from narrowing the price gap between on-chain markets and centralized exchanges, thereby further impacting the performance of Binance’s perpetual contract price index.
MEXC Officially Launches AI Strategy, Completing the Full Trading Loop
MEXC AI has completed a comprehensive upgrade, officially launching a completely free and open AI Strategy feature. Users can generate trading strategies, monitor social media signals in real-time, and execute trades automatically around the clock simply through natural language conversation, without needing to write code or constantly watch the markets. This upgrade marks the evolution of MEXC AI from a decision-support tool into an independently executable trading agent, working together with Smart K-line and AI Advisor to form the complete trading loop of "Discover-Judge-Execute."It is reported that in Q1 2026, the cumulative number of monthly active users for MEXC AI-related features surpassed 1.04 million.
MEXC announces expansion of user protection fund to $500 million over the next two years
according to official sources, MEXC announced that over the next two years, it will increase its Guardian Fund from $100 million to $500 million and has already added 1,000 BTC to its holdings. This initiative will establish a dual-reserve structure composed of USDT and BTC assets, further enhancing user fund protection capabilities, the platform's long-term resilience, and system stability.
A whale withdrew 10.86 million CHIP tokens from a CEX, worth $1.26 million.
According to on-chain analytics platform Lookonchain (@lookonchain), the wallet address Whale0x9eC9 withdrew a total of 10.86 million CHIP tokens—worth approximately $1.26 million—from MEXC and Binance within the past 12 hours.
Trader who previously made 3500x profit spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago
Odaily News According to Lookonchain monitoring, trader "J3jfq8" spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago. Previously, he made a profit of at least $3.8 million on MOODENG, achieving a return of over 3500x. He spent 8.1 SOL ($1,072) to buy 33.4 million MOODENG when its market cap was only $320,000, and later sold for profit via DEX and MEXC.