MEXC, a pioneer in 0-fee digital asset trading, continues to see explosive demand for its SpaceX-series products. Cumulative subscriptions across the two phases of the SPACEX(PRE) Launchpad surpassed $173 million, drawing over 74,000 participants, with the most popular pool oversubscribed 30 times. Since its IPO on June 12, the SPCXUSDT perpetual futures has accumulated over $7.1 billion in trading volume, with open interest (OI) peaking at $25 million — an increase of more than 26 times from its launch.
Launchpad Oversubscription Validates Market Demand
Both phases of the SPACEX(PRE) Launchpad were significantly oversubscribed. SPACEX(PRE) Phase 1 reached an oversubscription multiple of 15.5 times; after launching at a subscription price of 650 USDT, the price climbed as much as 27% to 830 USDT, fueling even greater interest in Phase 2. The most popular pool in Phase 2 was oversubscribed by more than 30 times, with a subscription price of just 130 USDT (a 30% discount). Following SpaceX’s IPO on June 12, market attention quickly shifted to secondary-market futures trading.
Explosive Growth in Futures Trading
SPCXUSDT perpetual futures quickly became one of the platform’s most popular instruments. In the two weeks following SpaceX’s IPO, the product accumulated $7.13 billion in trading volume. Weekly trading activity continued to climb, with single-week volume up as much as 1,727%, and 10,532% compared with the first week.
Positioning metrics were equally strong. Open interest grew 2,687% from launch, indicating that traders are active not only in short-term flows but also in steadily building medium- and long-term positions. Weekly active futures traders increased as much as 806%, with growth broadly distributed across multiple regions. A long-short ratio holding near 1:1 points to a healthy, balanced participation structure, with no signs of one-sided crowding.
A Clear Wealth Effect: Gains of Up to 67% and Single-User Profits Reaching 60,000 USDT
Strong price performance further reinforced investor interest. SPACEX(PRE) posted a peak gain of 67%: the Phase 2 subscription price of 130 USDT climbed above 200 USDT after listing, generating more than 8 million USDT in aggregate profit potential for participants, with the highest individual gain reaching 60,000 USDT. By lowering the barrier to entry, MEXC Launchpad gives everyday users access to Pre-IPO opportunities in the world’s leading technology companies at a comparatively modest minimum investment.
A Full-Cycle Product Matrix: From Pre-IPO to Real U.S. Equities
The enduring strength of the SPACEX-series validates deep user demand for exposure to top-tier global technology growth assets. To serve that demand, MEXC has built a three-tier product matrix spanning the entire SpaceX investment lifecycle:
- Pre-IPO Launchpad: low-barrier subscriptions that lock in pre-listing valuations early
- 0-Fee Perpetual Futures: flexible, two-way exposure to price movements
- RealStocks: real U.S. equities traded through licensed brokerage channels, with full dividend rights
From early-stage Pre-IPO valuations, to leveraged futures, to real U.S. stocks trading via licensed brokers, MEXC is building a one-stop gateway that bridges crypto liquidity and traditional financial assets, enabling users to move seamlessly from early discovery to long-term holding, all within a single platform.
Looking ahead, MEXC will continue to expand its cross-asset product lineup, helping users seize global market opportunities with greater flexibility within a familiar trading environment.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
