MEXC, a cryptocurrency exchange offering digital asset and tokenized investment products, announced that its SpaceX-series investment offerings have attracted strong user participation, with cumulative subscriptions for the two phases of its SPACEX(PRE) Launchpad exceeding $173 million. More than 74,000 participants joined the offering, while cumulative trading volume for the SPCXUSDT perpetual futures contract has surpassed $7.1 billion since SpaceX’s June 12 initial public offering.
According to MEXC, both Launchpad phases experienced significant oversubscription. Phase 1 was oversubscribed by 15.5 times, and after launching at a subscription price of 650 USDT, the asset reached a high of 830 USDT, representing a gain of approximately 27%. Phase 2 drew even stronger demand, with its most popular subscription pool oversubscribed by more than 30 times at a subscription price of 130 USDT.
Following SpaceX’s public listing, market activity shifted toward futures trading. MEXC reported that the SPCXUSDT perpetual futures product accumulated approximately $7.13 billion in trading volume during the first two weeks after the IPO. Weekly trading activity also increased substantially, with single-week trading volume rising by as much as 1,727% and reaching 10,532% of the first week’s trading activity.
The exchange said market participation expanded alongside trading volume. Open interest increased by 2,687% from launch, peaking at approximately $25 million, while weekly active futures traders grew by as much as 806% across multiple regions. MEXC added that the contract maintained a long-short ratio close to 1:1, reflecting balanced participation between bullish and bearish traders.
“The response to the SpaceX-series products reflects growing interest from users seeking diversified access to global investment opportunities through digital asset infrastructure,” said a MEXC spokesperson. “The objective is to provide products that allow users to participate in different stages of the investment lifecycle while maintaining a familiar trading experience.”
MEXC also highlighted the performance of its SPACEX(PRE) Launchpad. The product recorded a peak gain of 67%, with the Phase 2 subscription price rising from 130 USDT to more than 200 USDT after listing. The company estimates that the offering generated more than 8 million USDT in aggregate profit potential for participants, with the largest individual gain reaching approximately 60,000 USDT.
The company said the Launchpad is designed to lower the entry barrier for users interested in pre-IPO investment opportunities by offering comparatively modest minimum subscription amounts.
“The focus remains on expanding access to a broader range of financial products while connecting digital assets with traditional investment markets,” the spokesperson added. “MEXC intends to continue developing cross-asset offerings that provide users with additional flexibility as market demand evolves.”
MEXC said its SpaceX-related offerings are part of a broader three-tier product framework that includes:
- Pre-IPO Launchpad, providing access to eligible pre-listing investment opportunities.
- 0-fee perpetual futures, allowing users to gain directional exposure through derivatives.
- RealStocks, enabling trading of U.S. equities through licensed brokerage channels with dividend eligibility.
The company said it plans to continue expanding its cross-asset product lineup, with the goal of offering users access to cryptocurrencies alongside tokenized and traditional financial assets through a unified trading platform.
About MEXC
MEXC is a global cryptocurrency exchange serving more than 40 million users across 170+ markets. The platform offers trading access to more than 3,000 digital assets and provides cryptocurrency trading alongside tokenized assets, including stocks, ETFs, commodities, and precious metals. MEXC’s product portfolio includes spot trading, futures, Launchpad offerings, and other digital asset services.
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Media Relations
MEXC
Email: media@mexc.com
Website: https://www.mexc.com/
