Despite a sharp decline in global crypto markets during Q1 2025, MEXC has emerged as a standout performer, gaining both market share in spot trading and derivatives. According to reports from TokenInsight and CoinGecko, the exchange defied industry trends by experiencing growth despite a significant drop in trading volume. Specifically, MEXC expanded its market share from 12.47% to 13.06% year-on-year. This was driven by a notable increase in both spot and derivatives volumes, making it one of the few exchanges to buck the downturn. In the derivatives segment, MEXC saw a remarkable 4.3% gain in market share, outpacing competitors as other exchanges faced challenges due to declining trading activity.