MEXC, a digital asset trading platform known for its zero-fee model, released its September TradFi trading data, revealing a significant uptick in demand for tokenized US stocks and ETFs, particularly those tied to artificial intelligence. The exchange reported an 88% month-over-month increase in trading volume for AI-related assets, outpacing the 63% growth seen in non-AI assets.
AI-related assets now account for 48% of the platform's tokenized US stock and ETF spot trading volume, up from 44% in August. This growth is not limited to chipmakers; it extends across the broader AI value chain, including optical communications, power equipment, and data center infrastructure. Trading volume in semiconductors and memory rose 100% month-over-month, followed by optical communications and networking at 99%, power and energy equipment at 96%, and computing infrastructure and data centers at 91%.
Among the top 10 most-traded tokenized US stocks and ETFs in September, AI-related companies claimed six spots, contributing 59% of the combined volume. The remaining four spots were held by crypto-related companies, which accounted for 41%. Assets associated with AI cloud services, chip design, computing infrastructure, and data centers together represented 38% of the top 10's volume, highlighting the concentration of trading activity in AI infrastructure and crypto-linked assets.
Semiconductor and Memory Stocks Lead Futures Trading
In the Stock and Index Futures segment, semiconductor and memory-related assets dominated, occupying five of the top 10 positions and contributing 77% of the ranking's combined volume. Micron (MU), SK hynix, and Sandisk (SNDK) took the top three spots, together accounting for 67% of the top 10's volume. The Direxion Daily Semiconductor Bull 3X Shares (SOXL) and NVIDIA also ranked among the top 10.
Beyond semiconductors, trading volume for the SPDR S&P 500 ETF Trust (SPY) surged 298% month-over-month, while Bitcoin treasury company Strategy (MSTR) saw a 147% increase. AI hardware stocks also posted notable gains, with futures trading volumes for Dell (DELL) and AMD rising 243% and 209%, respectively. AMD's tokenized spot trading volume also increased 153%, with both spot and futures volumes more than doubling.
Pre-IPO Futures and Global Expansion
MEXC continued to broaden its global stock trading coverage in September. The number of TradFi Futures trading pairs increased 15% month-over-month, and pre-IPO and Japanese Stock Futures trading volumes rose 60% and 47%, respectively. The exchange also introduced a dedicated section for Taiwanese stocks, expanding its reach in Asian equity markets.
Pre-IPO Futures were the fastest-growing TradFi Futures category during the month. Kimi (Moonshot AI) trading volume rose 115% month-over-month, followed by Enflame at 99% and OpenAI at 51%. September also saw the addition of Pre-IPO Futures for Polymarket, YMTC (Yangtze Memory Technologies), and Oura (Oura Health), extending coverage across prediction markets, semiconductor memory, and wearable technology.
MEXC currently offers more than 450 Stock and Index Futures trading pairs, over 200 tokenized US stocks, and RealStocks, which provides access to more than 7,000 US stocks and ETFs. Combined with zero-fee trading, this range gives users flexibility to access global trading opportunities without being limited to a single market or trading method.
MEXC CEO Vugar Usi commented, "September's data shows that demand for AI-related trading is expanding beyond chips into the broader value chain. For trading platforms, the challenge is not simply to expand asset coverage, but to adapt to users' evolving trading needs. MEXC will remain focused on our users, continuously improving our products and trading experience to reflect emerging market trends, and make new opportunities more accessible."
This article is for informational purposes only and does not constitute financial advice.
