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<figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20261106112806683RnMp5HoLawgew3.png" width="1672" height="941" /></p></figure><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/ANTHROPIC_USDT" rel="noopener noreferrer">Anthropic</a> is about to test Wall Street&#39;s appetite for AI. The Claude maker has filed to list on the Nasdaq as ANT, with reports suggesting it could raise up to $100 billion. But the valuation being discussed has already fallen from $2 trillion to around $1.5 trillion, and investors are now pushing for an even lower price after Thursday&#39;s tech sell-off.</p><p style="margin:0px"><br /></p><p style="margin:0px">The growth is real. Revenue hit roughly $17 billion in the third quarter alone, about 12 times what it was a year earlier. So is the bill: the updated filing lists about $895 billion in multi-year compute and infrastructure commitments.</p><p style="margin:0px"><br /></p><p style="margin:0px">AI is a five-layer cake, and everyone agrees it&#39;s getting bigger. The harder question is who actually gets fed. And the cracks are showing up in the bottom layers first.</p><p style="margin:0px"><br /></p><h2>The Main Character: Demand Isn&#39;t a Return</h2><h3 style="margin-left:0px"><strong style="font-weight:bolder">The Cracks Beneath the Boom</strong></h3><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/CRWVSTOCK_USDT" rel="noopener noreferrer">CoreWeave</a> has more AI demand than it can build for. It had $104.2 billion in contracted revenue backlog at the end of June. That didn&#39;t stop the stock from falling about 15% on October 14, when yields on its unsecured bonds climbed toward 15%. Investors weren&#39;t doubting the customers. They were doubting whether the company could carry the debt it took on to serve them.</p><p style="margin:0px"><br /></p><p style="margin:0px">Then came the midterms. Democrats won both chambers, and across 10 states, voters delivered a broad rebuke to new data centers, backing restrictions and rejecting proposals to support development in dozens of local votes.</p><p style="margin:0px"><br /></p><p style="margin:0px">CoreWeave and <a target="_blank" href="https://www.mexc.com/futures/NBISSTOCK_USDT" rel="noopener noreferrer">Nebius</a> fell more than 7% the next day. <a target="_blank" href="https://www.mexc.com/futures/NVIDIA_USDT" rel="noopener noreferrer">Nvidia</a> slipped. But <a target="_blank" href="https://www.mexc.com/futures/AMZNSTOCK_USDT" rel="noopener noreferrer">Amazon</a> jumped more than 7%, while <a target="_blank" href="https://www.mexc.com/futures/MSFTSTOCK_USDT" rel="noopener noreferrer">Microsoft</a> and <a target="_blank" href="https://www.mexc.com/futures/GOOGLSTOCK_USDT" rel="noopener noreferrer">Alphabet</a> also rallied. The market appeared to favor cash-rich hyperscalers over infrastructure specialists that rely more heavily on external financing. Broader post-election relief played a part too, but that split is the story.</p><p style="margin:0px"><br /></p><p style="margin:0px">The same election that threatened new data centers may have made existing ones more valuable. AI wasn&#39;t trading as one industry anymore.</p><p style="margin:0px"><br /></p><p style="margin:0px">That lasted a day. On Thursday, the selling hit every layer at once. The Nasdaq fell 5.5%, its worst day since April 2025, and slid into correction territory. Nvidia dropped about 9%, <a target="_blank" href="https://www.mexc.com/futures/UNIMICRONSTOCK_USDT" rel="noopener noreferrer">Micron</a> 17%, and even Microsoft, Alphabet and Amazon fell with the rest. When fear spikes, everything with AI in the story gets sold together. As one investor told Reuters, the market is moving &#34;from the promise of AI to the price of AI.&#34; The question now is whether it goes back to sorting.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20261106112823492TZbGNkIFLjFD0S.png" width="2560" height="1440" /></p></figure><p style="margin:0px"><br /></p><h3 style="margin-left:0px"><strong style="font-weight:bolder">Not All AI Is the Same Trade</strong></h3><p style="margin:0px">We&#39;ve seen this before. In the late 1990s, companies raced to lay fiber-optic cable under oceans and across continents, betting that internet traffic would explode. It did. Many of the builders didn&#39;t survive it. Global Crossing spent around $15 billion on its network and filed for bankruptcy in January 2002, carrying $12.4 billion in debt. In mid-2001, The New York Times reported that only 5% of the fiber in the ground was active. The internet won. The companies that paid for the pipes mostly didn&#39;t.</p><p style="margin:0px"><br /></p><p style="margin:0px">Nvidia CEO Jensen Huang describes AI as a five-layer cake: energy, chips, infrastructure, models and applications. Each layer depends on the ones below it. But they don&#39;t carry the same risks:</p><p style="margin:0px"><br /></p><p style="margin:0px">• <strong style="font-weight:bolder">Energy</strong> carries political risk. Power and land are now ballot issues.</p><p style="margin:0px">• <strong style="font-weight:bolder">Infrastructure</strong> carries financing risk. CoreWeave is today&#39;s version of the fiber builders.</p><p style="margin:0px">• <strong style="font-weight:bolder">Models</strong> carry cost risk. Compute is booked in advance. Revenue isn&#39;t.</p><p style="margin:0px"><br /></p><p style="margin:0px">And the risks don&#39;t always point the same way. Limits on new data centers hurt the companies that still need to build, but they make capacity that already exists scarcer and more valuable. Rising infrastructure costs can be good news for suppliers and bad news for the model makers paying them.</p><p style="margin:0px"><br /></p><p style="margin:0px">Worth remembering: Huang sells the chips, so every layer growing is good news for him.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20261106112833603m6j5AirKtoIbEY.png" width="1672" height="941" /></p></figure><p style="margin:0px"><br /></p><h3 style="margin-left:0px"><strong style="font-weight:bolder">Anthropic, Layer by Layer</strong></h3><p style="margin:0px">Those risks look different at every layer. Anthropic sits near the top of the cake, but its biggest costs come from the layers below it.</p><p style="margin:0px"><br /></p><p style="margin:0px">Demand isn&#39;t the issue. Third-quarter revenue reached about $17 billion, up 47% from the quarter before. Returns are harder. Anthropic posted its first operating profit, $974 million, in the second quarter. One quarter later, it was back to a $567 million operating loss.</p><p style="margin:0px"><br /></p><p style="margin:0px">Two things drove the swing. One sits in the layers below. Anthropic books compute 12 to 18 months ahead. When demand ran past what it had booked, it bought about $5 billion of short-term compute that costs significantly more than its long-term contracts, and compute rose from 48% of revenue to 58%. The other was a $2 billion non-cash charge tied to its employee donation-matching program.</p><p style="margin:0px"><br /></p><p style="margin:0px">On the company&#39;s adjusted measure, which strips out non-cash items like that charge, operating profit actually rose to about $2.5 billion. But the adjusted margin still fell, from 19% to 15%. Demand grew. The return on each dollar of it shrank.</p><p style="margin:0px"><br /></p><p style="margin:0px">There&#39;s a dependence problem too. Anthropic relies on Amazon, Google and Microsoft for compute, and all three build competing models. Its filing says it has asked for more compute than its cloud partners were willing to provide.</p><p style="margin:0px"><br /></p><p style="margin:0px">The bull case is in the same filing. In the first half, the direct cost of serving paying customers was just $2.4 billion against $16.3 billion of revenue, an implied gross margin of about 85%. That figure leaves out training and free-tier compute, though. Counting all compute and infrastructure, costs took about 55% of first-half revenue. If the expensive compute is a phase, Anthropic&#39;s slice gets bigger. If it&#39;s a pattern, it doesn&#39;t.</p><p style="margin:0px"><br /></p><p style="margin:0px">Anthropic&#39;s IPO won&#39;t settle whether AI is a bubble. It will test something more specific: how much investors are willing to pay for the models layer when the infrastructure underneath it is becoming more expensive and politically contested.</p><p style="margin:0px"><br /></p><h3 style="margin-left:0px"><strong style="font-weight:bolder">Crypto Priced It First</strong></h3><p style="margin:0px">Crypto traders have already put a number on it. Hours after the IPO filing went public on October 26, <a target="_blank" href="https://www.mexc.com/futures/ANTHROPIC_USDT" rel="noopener noreferrer">Anthropic pre-IPO perpetual futures</a> were trading around $1,880 on Binance, implying a valuation near $1.88 trillion, before Wall Street had named a price range.</p><p style="margin:0px"><br /></p><p style="margin:0px">There&#39;s some early evidence. CoinGecko found that pre-IPO perpetual prices came within 4.9% of <a target="_blank" href="https://www.mexc.com/futures/SPCXSTOCK_USDT" rel="noopener noreferrer">SpaceX</a>&#39;s opening price and 4.6% of CXMT&#39;s. But those contracts pointed to where shares would trade once listed, not the IPO price set by underwriters. On SpaceX&#39;s first day, perps on Hyperliquid were trading around $162, about 20% above its $135 IPO price. The stock opened lower, at $150, but closed the day near $161. What no market called was what came next: within two months, SpaceX fell about 46% from its peak to a record low near $108, below its IPO price.</p><p style="margin:0px"><br /></p><p style="margin:0px">So when ANT&#39;s price range comes out, the two numbers may not match. The gap shows how much of a first-day move crypto traders are already pricing in. Day one prices the demand. The returns take longer.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Trade Anthropic Pre-IPO on MEXC]{https://www.mexc.com/futures/ANTHROPIC_USDT}</p><p style="margin:0px"><br /></p><h2>Quick Hits</h2><p style="margin:0px"><strong style="font-weight:bolder">A December hike is now the base case.</strong> The Fed held at 3.75% to 4.00% on October 28, but two officials voted against, and CME FedWatch odds of a hike on December 9 jumped to about 85%. After this week&#39;s sell-off, they have eased to around 67% to 70%. October CPI on November 10 is the last inflation print before that decision. For AI, higher rates mean more expensive debt for everyone still building.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Crypto&#39;s new Congress problem, and opportunity.</strong> TD Cowen called a Democratic sweep the most negative scenario for crypto, but expects policy focus to shift toward tokenization, perpetual futures and stablecoins: the same rails that priced Anthropic first.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Two layers report next.</strong> <a target="_blank" href="https://www.mexc.com/futures/CRWVSTOCK_USDT" rel="noopener noreferrer">CoreWeave</a>&#39;s Q3 results (November 10) will show whether interest costs are outpacing new capacity. <a target="_blank" href="https://www.mexc.com/futures/NVIDIA_USDT" rel="noopener noreferrer">Nvidia</a> follows on November 17, the biggest single read on whether AI spending is still accelerating, landing right around ANT&#39;s expected debut.</p><p style="margin:0px"><br /></p><h2>New &amp; Noteworthy</h2><p style="margin:0px"><strong style="font-weight:bolder">Anthropic Pre-IPO futures are live on MEXC.</strong> <a target="_blank" href="https://www.mexc.com/futures/ANTHROPIC_USDT" rel="noopener noreferrer">Trade ANTHROPIC/USDT</a> and track the market&#39;s view of Anthropic&#39;s valuation before the opening bell.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Pick your layer.</strong> MEXC&#39;s newest stock futures line up with the AI cake: <a target="_blank" href="https://www.mexc.com/futures/FSLRSTOCK_USDT" rel="noopener noreferrer">First Solar (FSLR)</a> on energy, <a target="_blank" href="https://www.mexc.com/futures/LSCCSTOCK_USDT" rel="noopener noreferrer">Lattice Semiconductor (LSCC)</a> on chips, and <a target="_blank" href="https://www.mexc.com/futures/FNSTOCK_USDT" rel="noopener noreferrer">Fabrinet (FN)</a>, <a target="_blank" href="https://www.mexc.com/futures/MTZSTOCK_USDT" rel="noopener noreferrer">MasTec (MTZ)</a> and <a target="_blank" href="https://www.mexc.com/futures/JCISTOCK_USDT" rel="noopener noreferrer">Johnson Controls (JCI)</a> on infrastructure, from the optical links inside data centers to the power lines and cooling around them. All trade 24/7 with up to 20x leverage.</p><p style="margin:0px"><br /></p><h2>Translation</h2><p style="margin:0px"><i>“Anthropic hoping to get an investment grade bond rating is simply absurd.”</i></p><p style="margin:0px 0px 0px 40px">Jeffrey Gundlach, DoubleLine founder, on X (Nov 2).</p><p style="margin:0px 0px 0px 40px"><br /></p><p style="margin:0px">The stock market is pricing Anthropic&#39;s growth. The bond market is pricing its bills: junior debt tied to its chip financing already carries a speculative-grade rating from Kroll, and pays about 8.5%.</p><p style="margin:0px"><br /></p><h2>Before You Go</h2><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/announcements/article/anthropic-pre-ipo-heatwave-17827791539239" rel="noopener noreferrer"><strong style="font-weight:bolder">Anthropic Pre-IPO Heatwave.</strong></a> Complete simple missions to earn lucky draw chances to win ANTHROPIC(PRE), an NVIDIA H200 GPU, a 1-year Claude subscription and up to $1,000 in Anthropic Pre-IPO allocations. Running now until the Anthropic Pre-IPO Launchpad begins.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Join Now]{https://www.mexc.com/announcements/article/anthropic-pre-ipo-heatwave-17827791539239}</p><p style="margin:0px"><br /></p><p style="margin:0px">Not financial advice. We describe, you decide.</p>

<p style="margin:0px">Trade CC pairs with 0 fees, claim a welcome reward, enter the Treasure Lever Frenzy for a chance to win up to 1,000 CC, share CC prize pools in the Canton Trading Rush, hold CC to earn and learn to earn with Canton Academy.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Event Period</strong></p><p style="margin:0px">Oct 30, 2026, 10:00 (UTC) – Nov 30, 2026, 10:00 (UTC)</p><p style="margin:0px"><br /></p><h2>How to Join</h2><p style="margin:0px">Step 1: Register for the event.</p><p style="margin:0px">Step 2: Trade CC pairs and complete the missions.</p><p style="margin:0px">Step 3: Unlock rewards from the $1,000,000 prize pool.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Register Now]{https://www.mexc.com/events/star/Canton?utm_source&#61;mexc&amp;utm_medium&#61;ann}</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><h2>Event 1: 0-Fee Trading Fest</h2><p><br /></p><p style="margin:0px"><br /></p><p style="margin:0px">Enjoy 0 trading fees on CC/USDT and CC/USDC Spot pairs and CCUSDT Futures. For full details, visit <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">this page</a>.</p><p style="margin:0px"><br /></p><h2>Event 2: Welcome Power Reward</h2><p style="margin:0px">Register during the event, make a net deposit of ≥ $100 and hold for at least 24 hours to receive a $200 CC position airdrop and $5 in CC.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards are limited and available on a first-come, first-served basis.</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><h2>Event 3: Treasure Lever Frenzy</h2><p><br /></p><p style="margin:0px"><br /></p><p style="margin:0px">Trade CC/USDT Spot and CCUSDT Futures for a chance to win up to $1,000 in CC. Complete trading missions to earn chances to pull the treasure lever. Trade more to win more.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards are limited and available on a first-come, first-served basis.</p><p style="margin:0px"><br /></p><h2>Event 4: Canton Trading Rush</h2><p style="margin:0px">Complete Spot or Futures trading missions to share CC prize pools. Trade more to win more.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Mission 1: Spot Trading</strong></p><p style="margin:0px">Complete a cumulative CC/USDT Spot trading volume of at least $5,000 to share 1,500,000 CC.</p><p style="margin:0px">• Minimum eligible Spot trading volume: $5,000.</p><p style="margin:0px">• Maximum reward per user: 1,000 CC.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Mission 2: Futures Trading</strong></p><p style="margin:0px">Complete a cumulative CCUSDT perpetual Futures trading volume of at least $100,000 to share 3,500,000 CC.</p><p style="margin:0px">• Minimum eligible Futures trading volume: $100,000.</p><p style="margin:0px">• Maximum reward per user: 3,000 CC.</p><p style="margin:0px"><br /></p><h2>Event 5: Buy and Hold to Earn</h2><p style="margin:0px">Register during the event, buy CC on Spot and hold it. Random daily holding snapshots will be taken, and after the event ends, 1,000,000 CC will be shared based on your average valid holdings during the event period.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Note:</strong></p><p style="margin:0px">• Minimum valid holdings: 1,000 CC.</p><p style="margin:0px">• Maximum reward per user: 2,500 CC.</p><p style="margin:0px"><br /></p><h2>Event 6: Learn to Earn</h2><p style="margin:0px"><br /></p><p style="margin:0px">Read the <a target="_blank" href="https://www.mexc.com/learn/article/what-is-canton-network-canton-coin-complete-guide-to-the-enterprise-blockchain/1" rel="noopener noreferrer">Canton Academy article</a>, complete the quiz and claim 50 CC. A total of 500,000 CC is up for grabs.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards are limited and available on a first-come, first-served basis.</p><p style="margin:0px"><br /></p><p style="margin:0px">Terms and conditions apply. For more details, please refer to the event page.</p>

<p style="margin:0px">Trade on Prediction Markets, collect claw machine chances and draw for up to $1,000 in prediction bonuses or a chance at an iPhone Duo. Complete simple Spot, Earn and RealStocks missions for extra rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Event Period</strong></p><p style="margin:0px">Oct 22, 2026, 16:00 (UTC) – Nov 22, 2026, 15:59 (UTC)</p><p style="margin:0px"><br /></p><figure style="margin:16px 0;text-align:center"><p><a style="background-color:#0057ff;border-radius:4px;border-style:none;color:#fff;font-size:14px;margin:2px;padding:8px 16px;text-decoration:none" target="_blank" href="https://www.mexc.com/campaigns/TradingCarnival?utm_source&#61;mexc&amp;utm_medium&#61;ann" id="custom-button-1792737116710-v6lbbyijh" data-type="linkButton" rel="noopener noreferrer">Register Now</a></p></figure><p style="margin:0px"><br /></p><h2>Daily Trading: Silver Claw Machine—Share a $500,000 Prize Pool</h2><p style="margin:0px"><br /></p><p style="margin:0px">Reach daily prediction market volume milestones, from $2,500 up to $5,000. Each milestone earns 1 silver claw chance, for up to 6 silver chances per calendar day. Each chance gets 1 draw on the silver claw machine, with prizes of up to $1,000 in prediction bonuses and Earn APR boosters.</p><p style="margin:0px"><br /></p><p style="margin:0px">Note: Volume is counted per calendar day and doesn&#39;t carry over. Rewards are sent within 48 hours of each draw.</p><p style="margin:0px"><br /></p><h2>Cumulative Trading: Gold Claw Machine</h2><p style="margin:0px"><br /></p><p style="margin:0px">Reach cumulative prediction market volume milestones during the event to earn gold claw chances:</p><p style="margin:0px"><br /></p><p style="margin:0px">• ≥ $750,000 in cumulative trading volume: 1 gold claw chance</p><p style="margin:0px">• ≥ $1,000,000 in cumulative trading volume: 1 additional gold claw chance</p><p style="margin:0px"><br /></p><p style="margin:0px">Each user can earn up to 2 gold claw chances during the event.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Highlighted Prizes</strong></p><p style="margin:0px">• iPhone Duo 512GB</p><p style="margin:0px">• iPhone 18 Pro Max 1TB</p><p style="margin:0px">• iPhone 18 Pro 1TB</p><p style="margin:0px"><br /></p><p style="margin:0px">The first 9 gold claw draws are guaranteed to win a physical iPhone. Physical prizes are available on a first-come, first-served basis. Once all physical prizes have been claimed, each subsequent gold draw earns a $3,000 prediction market bonus instead.</p><p style="margin:0px"><br /></p><h2>Extra Perks Await</h2><p style="margin:0px"><br /></p><p style="margin:0px">Complete simple missions for extra rewards. All are limited and first-come, first-served.</p><p style="margin:0px"><br /></p><p style="margin:0px">• <strong style="font-weight:bolder">Spot</strong></p><p style="margin:0px">Complete your first Spot trade of ≥ $100 for a $5–$10 airdrop (eligible Spot pairs only).</p><p style="margin:0px">• <strong style="font-weight:bolder">Earn</strong></p><p style="margin:0px">Reach $100 or more in net deposits within 7 days of your first deposit, hold it for over 1 day and subscribe to an Earn product for a 400% APR booster. You can also complete your first prediction of $20 or more for a 400% Earn APR booster.</p><p style="margin:0px">• <strong style="font-weight:bolder">RealStock</strong></p><p style="margin:0px">Open a RealStock account for a $0.5 airdrop. New traders who complete a first single trade of $100 or more also earn 1 silver claw chance.</p><p style="margin:0px"><br /></p><h2>How to Join</h2><p style="margin:0px">1. Log in to your MEXC account.</p><p style="margin:0px">2. Register for the event on the event page</p><p style="margin:0px">3. Trade on the prediction markets.</p><p style="margin:0px">4. Reach the volume milestones, then use your silver and gold chances to draw.</p><p style="margin:0px">5. Complete the bonus missions for extra rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px">Register now, trade the prediction market and start catching rewards before the event ends.</p><p style="margin:0px"><br /></p><p style="margin:0px">For a beginner&#39;s guide and FAQs about MEXC Prediction Markets, please refer to the guide here:</p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/learn/article/what-is-mexc-prediction-markets-a-beginners-guide/1" rel="noopener noreferrer">A Beginner&#39;s Guide to Prediction Markets</a></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/support/article/how-to-trade-up-down-crypto-events-on-prediction-markets-417522884766167040" rel="noopener noreferrer">Up/Down Crypto Events on Prediction Markets</a></p><p style="margin:0px"><br /></p><p style="margin:0px">Terms and conditions apply. For more details, please visit the event page.</p>

<p style="margin:0px">MEXC will be delisting the XMR and DASH Spot trading pairs on <strong style="font-weight:bolder">Nov 13, 2026, 09:00 (UTC)</strong>. Please refer to the timeline below and manage your orders and assets before the respective deadlines.</p><p style="margin:0px"><br /></p><h2><span style="font-size:16px"><strong style="font-weight:bolder">Timeline</strong></span></h2><p style="margin:0px"><strong style="font-weight:bolder">Spot Trading</strong></p><ul style="list-style-type:disc"><li><p style="margin:0px">Nov 13, 2026, 09:00 (UTC): XMR and DASH Spot trading will be suspended, and all open orders will be automatically canceled.</p></li></ul><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Deposits and Withdrawals</strong></p><ul style="list-style-type:disc"><li><p style="margin:0px">Already in Effect: XMR and DASH deposits are now closed. Please do not deposit XMR or DASH to avoid potential asset losses.</p></li><li><p style="margin:0px">For 30 Days After Delisting: XMR and DASH withdrawals will remain open. Please withdraw your remaining XMR and DASH within this period to avoid potential asset losses.</p></li></ul><p style="margin:0px"><br /></p><p style="margin:0px">Thank you for your continued support.</p>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><p><span style="font-size:14px">To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch</span> <strong style="font-weight:bolder">KDP, TDG, ECHO</strong> and <strong style="font-weight:bolder">ONON</strong> <span style="font-size:14px">Stock Futures on the Futures market. T</span><span style="color:rgb( 0 , 0 , 0 );font-size:14px">hese new listings offer a flexible and efficient way to gain exposure to some of the most prominent equities. </span><span style="font-size:14px">Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </span></p><div><br /></div><h2><strong style="font-weight:bolder">Futures Trading Details</strong></h2><div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:145px" width="145" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Feature</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Trading Pair</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/KDPSTOCK_USDT">KDPUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/TDGSTOCK_USDT">TDGUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/ECHOSTOCK_USDT">ECHOUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/ONONSTOCK_USDT">ONONUSDT</a></strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Listing Time</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Max Leverage</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Margin Mode</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Trading Hours</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></div></div><h2> </h2><h2><strong style="font-weight:bolder">Introduction</strong></h2><p><strong style="font-weight:bolder">Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. The company operates through three segments: U.S. Refreshment Beverages, U.S.</strong></p><p><strong style="font-weight:bolder">TDG Holding Co., Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of electronic materials, digital devices, and smart equipment in China and internationally. The company offers electronic materials, such as ferrite sheets for NFC antennas; soft ferrite cores for wireless chargers and LED power supplies; soft magnetic cores for automotive electronics, EV wireless charging products, and new energy; cores for EMI suppression and consumer electronics; stress-insensitive, high bias, low core loss, EMI-suppression, and thermal shock resistance NiZn ferrites; metal powder cores; sapphire crystal products; and piezo-electric crystal materials. It also provides high-frequency magnetic components and modules, microwave components and modules, molding choke inductors, and electronic manufacturing services; and powder materials equipment, and crystal material growth and process equipment. The company exports its products.</strong></p><p><strong style="font-weight:bolder">EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The Pay-TV segment offers a direct broadcast and fixed satellite, owned and leased satellites, leased fiber optic networks, in-home services, and call center operation services; digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; multichannel, live-linear and on-demand streaming over-the-top Internet-based domestic, international, Latino, and Freestream video programming services; and receiver systems. Its Wireless segment provides wireless communication services and products; and a range of wireless devices. The Broadband and Satellite Services offers broadband satellite technologies, and internet products and services to consumer customers, including home and small to medium-sized businesses; managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers, as well as to the unserved and underserved consumer, enterprise, aeronautical, and government markets; and integrated multi-transport solutions that enable airline and airline service providers to deliver in-flight network connectivity.</strong></p><p><strong style="font-weight:bolder">On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers. It sells its products to athletes and active customers through wholesale and direct-to-consumer channels; run specialty, general sporting goods, outdoor, luxury, street fashion, and lifestyle retailers; owned retail stores; and e-commerce platforms. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.</strong></p><div><br /></div><div><strong style="font-weight:bolder">Related Articles:</strong></div><div><a target="_blank" href="https://www.mexc.com/learn/article/how-to-trade-stock-futures-on-mexc/1" rel="noopener noreferrer">How to Trade Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Important Notes</strong></div><div>• Corporate actions (e.g., dividends, stock splits, reverse splits) may cause sharp price movements. Depending on market conditions, the platform may implement measures including early settlement or position adjustments. Users should monitor relevant announcements and manage risks to avoid unexpected losses.</div><div>• Stocks may trigger a circuit breaker due to market conditions. If triggered, trading will be halted and orders cannot be executed. No liquidation will occur, and existing orders can still be canceled. Please monitor the market, manage your positions, and refer to the official circuit breaker announcement for details.</div><div>• Availability of Stock Futures may vary by region due to regulatory restrictions. Certain jurisdictions may not support these products. Please refer to the <a target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement</a> for full details.</div><div>• MEXC reserves the right to adjust the list of supported regions at any time based on operational and compliance considerations.</div></div>

<div><div><div>The Flare (FLR) will undergo an upgrade on Nov 11, 2026, 14:00 (UTC). To ensure a smooth experience, MEXC will temporarily suspend FLR deposits and withdrawals from <strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC).</strong></div><div><br /></div><div><strong style="font-weight:bolder">Please Note:</strong></div><ul style="list-style-type:disc"><li>FLR trading will not be affected during the network upgrade.</li><li>Please deposit your tokens in advance. MEXC will assist FLR holders with any technical issues during the network upgrade.</li><li>This network upgrade will not create a hard fork.</li><li>Deposits and withdrawals will resume once the network upgrade is complete and stable. No further announcements will be made.</li></ul><div><br /></div><div>For more information about the upgrade, please refer to the <a href="https://github.com/flare-foundation/go-flare/releases/tag/v1.15.1">announcement</a> from the project team.</div><div><br /></div><div>We apologize for any inconvenience this may cause. Thank you for your support!</div></div><div><br /></div></div>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div>As requested by the Turingbitchain (TBC) project team, MEXC has suspended TBC deposits and withdrawals.</div></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">We apologize for any inconvenience this may cause. Thank you for your support!</div>

<div style="font-size:13px"><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Quick Summary</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Check your email for your batch number and wind-down start date.</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• From your batch&#39;s wind-down start date, new deposits, purchases, subscriptions, loans, and orders that open or add to positions will be unavailable. You can still manage existing holdings and positions as described below.</span></div><div><span style="color:rgb( 245 , 74 , 69 );font-size:13px">•</span><span style="color:rgb( 0 , 0 , 0 );font-size:13px"> EUR deposits and withdrawals and bank card purchases through Buy Crypto become unavailable on Nov 18, 2026, 00:00 (UTC&#43;1).</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Any remaining positions will be automatically closed at fair price from Jan 22, 2027, 00:00 (UTC&#43;1), which may result in losses or fees.</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Your account moves to withdrawal-only mode on Jan 25, 2027, 00:00 (UTC&#43;1). Crypto withdrawals close on Mar 5, 2027, 00:00 (UTC&#43;1).</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Your assets remain secure throughout the transition.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Following our announcement on Oct 28, 2026, this announcement explains how products and services will be affected during the France service wind-down.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">We understand that managing these changes may take some planning. Please review the dates and product details that apply to your account, particularly any balances, orders, or positions you would like to manage before automatic handling begins.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">All times are in UTC&#43;1.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Key Timeline</strong></span></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><colgroup><col style="width:105px" width="105" /><col style="width:105px" width="105" /></colgroup><tbody><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Batch</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Wind-Down Start Date</strong></td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 1</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Nov 18, 2026</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 2</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Dec 10, 2026</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 3</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Dec 31, 2026</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 4</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Jan 22, 2027</td></tr></tbody></table></figure></figure></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">From your batch&#39;s wind-down start date, your account moves to reduce-only mode. You can still sell your holdings, adjust margin, close or reduce positions, redeem Earn products, repay loans, and withdraw crypto, subject to the product details and deadlines below.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">The following dates apply to all affected accounts:</span></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><colgroup><col style="width:105px" width="105" /><col style="width:528px" width="528" /></colgroup><tbody><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Date</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">What happens</strong></td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Jan 22, 2027, 00:00</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Remaining open positions are automatically closed at fair price<br />- Outstanding loans are settled using collateral<br />- Remaining On-Chain tokens are converted into USDT based on available on-chain liquidity<br />- Stocks and Loans products are handled as described below</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Jan 25, 2027, 00:00</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Accounts move to withdrawal-only mode; Spot selling becomes unavailable</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Mar 5, 2027, 00:00</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Crypto withdrawals close</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">By Apr 5, 2027</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Remaining assets will be transferred to a regulated custodian following the applicable conversion and transfer procedures; details will be announced separately</td></tr></tbody></table></figure></figure></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Some products have dates that apply independently of your batch. These are stated in the relevant product rows below.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">What You Need to Do</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Before your batch&#39;s wind-down start date, we recommend that you:</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Cancel open orders and close or manage open positions</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Redeem Earn products, repay loans, and claim eligible rewards</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Stop active bots and automated strategies</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Download your transaction history and account statements</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Withdraw your assets</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Product Impact</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Unless a different date is specified, the changes below take effect at 00:00 on your batch&#39;s wind-down start date.</span></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><colgroup><col style="width:105px" width="105" /><col style="width:158px" width="158" /><col style="width:409px" width="409" /></colgroup><tbody><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Category</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Product / Service</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">What Changes</strong></td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="3">Account</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Deposits</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">New deposits become unavailable</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Withdrawals</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Remain available until Mar 5, 2027, 00:00</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Transfers</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Transfers to other MEXC accounts become unavailable<br />- Transfers within your own MEXC account remain available</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="2">Fiat &amp; P2P</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">On-/Off-Ramp, Buy Crypto, Card</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- EUR deposits and withdrawals, bank card purchases through Buy Crypto become unavailable from Nov 18, 2026, 00:00<br />- Card payments already in progress will still be credited, subject to applicable conditions<br />- ether.fi Card remains available independently of MEXC</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">P2P</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New P2P trades become unavailable from your batch&#39;s wind-down start date<br />- Existing orders and appeals continue until resolved<br />- Merchant status and security deposit refunds will be processed individually upon request</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="5">Spot</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Spot, Convert</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Spot buy orders and Convert become unavailable<br />- Unfilled Spot buy orders and pending Convert orders are automatically canceled<br />- Sell orders remain available until Jan 25, 2027, 00:00</td></tr><tr height="65"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">DCA</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New plans become unavailable<br />- Existing plans end automatically; tokens already purchased remain in your Spot account</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Grid</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New bots become unavailable<br />- Active bots stop automatically<br />- You retain your holdings and can manage them through Spot trading before Jan 25, 2027, 00:00</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Pre-Market</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New orders become unavailable, and unmatched orders are automatically canceled<br />- Delivery obligations are waived for matched orders, and locked assets or collateral are released automatically</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">On-Chain</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New buy orders become unavailable<br />- Selling remains available until Jan 22, 2027, 00:00<br />- From Jan 22, 2027, 00:00, any remaining On-Chain tokens will be converted to USDT based on available on-chain liquidity; the amount you receive may differ from the expected value</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Stocks</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Stocks</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Trading remains available but please settle your shares during market hours by Jan 21, 2027<br />- From Jan 22, 2027, MEXC will settle any remaining shares at market price, or at the fair price if no counterparty is available</td></tr><tr height="141"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="4">Futures</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Futures (Including Stock Futures and Event Futures)</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Orders that open new positions or add to existing positions become unavailable; open orders except TP/SL are canceled<br />- You can still adjust margin and reduce or close positions<br />- Open positions remain exposed to market risk, including liquidation, until closed<br />- Remaining open positions will be automatically closed at the fair price from Jan 22, 2027, 00:00</td></tr><tr height="217"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Copy Trade</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Traders: Opening new positions and accepting new Followers become unavailable; new Trader applications become unavailable; Trader profiles are removed from the Copy Trade homepage, while Trader status and trading history are retained<br />- Followers: New copy trading activity becomes unavailable, including copying new trades opened by Traders outside restricted regions; Followers can manually close their copied positions or wait for the Trader to close them<br />- Remaining open positions will be automatically closed at fair price from Jan 22, 2027, 00:00; profit sharing will cease once positions are closed</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Futures Grid Bot</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New bots become unavailable and active bots will be stopped<br />- Orders to open positions will be canceled; existing orders to close positions will remain active until Jan 22, 2027, 00:00<br />- Remaining open positions will be automatically closed at the fair price from Jan 22, 2027, 00:00</td></tr><tr height="65"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">CFD</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Opening new positions became unavailable on Nov 3, 2026<br />- Remaining open positions will be automatically closed from Jan 22, 2027, 00:00</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="4">Earn</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Flexible Savings, Hold and Earn, Futures Earn</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Auto-Earn and Futures Earn are disabled; you are unenrolled from Hold and Earn<br />- Assets are automatically redeemed<br />- Accrued interest is distributed under the normal product rules</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Fixed Savings</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New stakings become unavailable<br />- Existing stakings are automatically redeemed; interest accrued up to the day before your wind-down start date will be distributed according to the product&#39;s normal rules</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">On-Chain Earn</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New stakings become unavailable<br />- GRAM will be redeemed automatically<br />- You must manually redeem MXSOL before your wind-down start date as MEXC cannot redeem it on your behalf</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Loans</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New borrowing becomes unavailable<br />- You can repay existing loans before Jan 22, 2027<br />- Any loans outstanding as of Jan 22, 2027, 00:00 will be settled using your collateral, with a 5% handling fee on the settled amount</td></tr></tbody></table></figure></figure></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Remaining Assets</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Crypto withdrawals close on Mar 5, 2027, 00:00. After withdrawals close, remaining assets will be transferred to a regulated custodian. Assets not supported by the custodian will be converted to USDC at the prevailing price. The value realized may differ from what you expect, so please manage these assets before your applicable date.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">We will publish a separate announcement explaining the custody arrangements and how to access assets after the transfer.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Continuing With Another Platform</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">If you received an email about continuing with one of our partner platforms, please follow the instructions in that email. These are independent providers, and their own terms and eligibility requirements apply. Your MEXC account and assets will not be transferred automatically through these referral options.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Think Your Account Was Included in Error?</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">If you believe your account has been included in error, contact Customer Service before your wind-down start date. A review request does not pause or extend your timeline unless MEXC confirms otherwise.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Further Information</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Please read the </span><a style="font-size:13px" target="_blank" href="https://www.mexc.com/support/article/mexc-france-service-wind-down-493960039776252928" rel="noopener noreferrer"><span style="color:rgb( 0 , 0 , 0 );font-size:13px">FAQ</span></a><span style="color:rgb( 0 , 0 , 0 );font-size:13px"> for answers about the wind-down, product handling and steps that apply to your account.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px"><strong style="font-weight:bolder">Security Reminder: </strong>MEXC will never ask for your password, verification codes or private keys, or ask you to transfer assets to a &#34;migration&#34; or &#34;safe&#34; wallet. Only use links from official MEXC channels, and verify any suspicious contact through </span><a style="font-size:13px" target="_blank" href="https://www.mexc.com/official-verify" rel="noopener noreferrer"><span style="color:rgb( 0 , 0 , 0 );font-size:13px">MEXC Verify</span></a><span style="color:rgb( 0 , 0 , 0 );font-size:13px">.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Thank you for your patience and understanding.</span></div></div>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><p><span style="color:rgb( 0 , 0 , 0 );font-size:14px">MEXC has adjusted the tick size (minimum price change) for </span>牛逼USDT<span style="color:rgb( 0 , 0 , 0 );font-size:14px">. This change aims to improve market liquidity and the overall trading experience. The new tick size takes effect on</span> Nov 11, 2026, 08:30 (UTC). The details are as follows:</p><div><br /></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:medium double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:198px" width="198" /><col style="width:285px" width="285" /><col style="width:198px" width="198" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Futures Trading Pair</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Tick Size Before</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Tick Size After</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">牛逼USDT</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">0.00001</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">0.000001</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></div><h3> </h3><h3>Important Notes</h3><ul style="list-style-type:disc" start="1"><li><div>This adjustment will not impact trading or other related functions for the mentioned Futures pair.</div></li><li><div>Existing orders will remain unaffected. Orders placed before the update will continue to be matched using the original tick size.</div></li><li><div>The API will be updated accordingly. API users can access the latest details via <code>GET /api/v1/contract/detail/country</code>.</div></li></ul><div>Please update your trading strategies accordingly to align with the new tick size settings and avoid any potential disruptions. For more information, please refer to the <a target="_blank" href="https://www.mexc.com/futures/information/trading_rule/BTC_USDT" rel="noopener noreferrer">MEXC Futures Trading Rules</a>.</div><div><br /></div><div>Thank you for your continued support of MEXC Futures.</div></div>

<div><div>MEXC will be delisting the <strong style="font-weight:bolder"><strong><strong>XMR</strong></strong></strong> and <strong style="font-weight:bolder"><strong><strong>DASH</strong></strong></strong> USDT-M Perpetual Futures pairs on <strong style="font-weight:bolder"><strong><strong>Nov 13, 2026, 10:00 (UTC)</strong></strong></strong>.<br /><br /> </div><div><strong style="font-weight:bolder">Please note:</strong><br /><br /> </div><ul style="list-style-type:disc"><li>MEXC will close all positions for the abovementioned trading pairs at the fair price at the time of delisting.</li><li>All open orders of the abovementioned trading pairs will be canceled upon delisting.</li><li>Users are encouraged to search the affected trading pairs using the search bar and close any open positions before delisting to minimize risk and prevent potential loss.</li></ul><div><ul style="list-style-type:disc"><li>The abovementioned trading pairs will also be simultaneously delisted from Demo Trading, if applicable.</li></ul></div><div><ul style="list-style-type:disc"><li>The abovementioned trading pairs will also be simultaneously delisted from Futures Grid Trading, if applicable. Please disable the grid bot for the affected pairs in time and consider trading other pairs.</li></ul></div><p><br />Thank you for your continued support.</p><p><br /></p></div>

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<figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20261106112806683RnMp5HoLawgew3.png" width="1672" height="941" /></p></figure><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/ANTHROPIC_USDT" rel="noopener noreferrer">Anthropic</a> is about to test Wall Street&#39;s appetite for AI. The Claude maker has filed to list on the Nasdaq as ANT, with reports suggesting it could raise up to $100 billion. But the valuation being discussed has already fallen from $2 trillion to around $1.5 trillion, and investors are now pushing for an even lower price after Thursday&#39;s tech sell-off.</p><p style="margin:0px"><br /></p><p style="margin:0px">The growth is real. Revenue hit roughly $17 billion in the third quarter alone, about 12 times what it was a year earlier. So is the bill: the updated filing lists about $895 billion in multi-year compute and infrastructure commitments.</p><p style="margin:0px"><br /></p><p style="margin:0px">AI is a five-layer cake, and everyone agrees it&#39;s getting bigger. The harder question is who actually gets fed. And the cracks are showing up in the bottom layers first.</p><p style="margin:0px"><br /></p><h2>The Main Character: Demand Isn&#39;t a Return</h2><h3 style="margin-left:0px"><strong style="font-weight:bolder">The Cracks Beneath the Boom</strong></h3><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/CRWVSTOCK_USDT" rel="noopener noreferrer">CoreWeave</a> has more AI demand than it can build for. It had $104.2 billion in contracted revenue backlog at the end of June. That didn&#39;t stop the stock from falling about 15% on October 14, when yields on its unsecured bonds climbed toward 15%. Investors weren&#39;t doubting the customers. They were doubting whether the company could carry the debt it took on to serve them.</p><p style="margin:0px"><br /></p><p style="margin:0px">Then came the midterms. Democrats won both chambers, and across 10 states, voters delivered a broad rebuke to new data centers, backing restrictions and rejecting proposals to support development in dozens of local votes.</p><p style="margin:0px"><br /></p><p style="margin:0px">CoreWeave and <a target="_blank" href="https://www.mexc.com/futures/NBISSTOCK_USDT" rel="noopener noreferrer">Nebius</a> fell more than 7% the next day. <a target="_blank" href="https://www.mexc.com/futures/NVIDIA_USDT" rel="noopener noreferrer">Nvidia</a> slipped. But <a target="_blank" href="https://www.mexc.com/futures/AMZNSTOCK_USDT" rel="noopener noreferrer">Amazon</a> jumped more than 7%, while <a target="_blank" href="https://www.mexc.com/futures/MSFTSTOCK_USDT" rel="noopener noreferrer">Microsoft</a> and <a target="_blank" href="https://www.mexc.com/futures/GOOGLSTOCK_USDT" rel="noopener noreferrer">Alphabet</a> also rallied. The market appeared to favor cash-rich hyperscalers over infrastructure specialists that rely more heavily on external financing. Broader post-election relief played a part too, but that split is the story.</p><p style="margin:0px"><br /></p><p style="margin:0px">The same election that threatened new data centers may have made existing ones more valuable. AI wasn&#39;t trading as one industry anymore.</p><p style="margin:0px"><br /></p><p style="margin:0px">That lasted a day. On Thursday, the selling hit every layer at once. The Nasdaq fell 5.5%, its worst day since April 2025, and slid into correction territory. Nvidia dropped about 9%, <a target="_blank" href="https://www.mexc.com/futures/UNIMICRONSTOCK_USDT" rel="noopener noreferrer">Micron</a> 17%, and even Microsoft, Alphabet and Amazon fell with the rest. When fear spikes, everything with AI in the story gets sold together. As one investor told Reuters, the market is moving &#34;from the promise of AI to the price of AI.&#34; The question now is whether it goes back to sorting.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20261106112823492TZbGNkIFLjFD0S.png" width="2560" height="1440" /></p></figure><p style="margin:0px"><br /></p><h3 style="margin-left:0px"><strong style="font-weight:bolder">Not All AI Is the Same Trade</strong></h3><p style="margin:0px">We&#39;ve seen this before. In the late 1990s, companies raced to lay fiber-optic cable under oceans and across continents, betting that internet traffic would explode. It did. Many of the builders didn&#39;t survive it. Global Crossing spent around $15 billion on its network and filed for bankruptcy in January 2002, carrying $12.4 billion in debt. In mid-2001, The New York Times reported that only 5% of the fiber in the ground was active. The internet won. The companies that paid for the pipes mostly didn&#39;t.</p><p style="margin:0px"><br /></p><p style="margin:0px">Nvidia CEO Jensen Huang describes AI as a five-layer cake: energy, chips, infrastructure, models and applications. Each layer depends on the ones below it. But they don&#39;t carry the same risks:</p><p style="margin:0px"><br /></p><p style="margin:0px">• <strong style="font-weight:bolder">Energy</strong> carries political risk. Power and land are now ballot issues.</p><p style="margin:0px">• <strong style="font-weight:bolder">Infrastructure</strong> carries financing risk. CoreWeave is today&#39;s version of the fiber builders.</p><p style="margin:0px">• <strong style="font-weight:bolder">Models</strong> carry cost risk. Compute is booked in advance. Revenue isn&#39;t.</p><p style="margin:0px"><br /></p><p style="margin:0px">And the risks don&#39;t always point the same way. Limits on new data centers hurt the companies that still need to build, but they make capacity that already exists scarcer and more valuable. Rising infrastructure costs can be good news for suppliers and bad news for the model makers paying them.</p><p style="margin:0px"><br /></p><p style="margin:0px">Worth remembering: Huang sells the chips, so every layer growing is good news for him.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20261106112833603m6j5AirKtoIbEY.png" width="1672" height="941" /></p></figure><p style="margin:0px"><br /></p><h3 style="margin-left:0px"><strong style="font-weight:bolder">Anthropic, Layer by Layer</strong></h3><p style="margin:0px">Those risks look different at every layer. Anthropic sits near the top of the cake, but its biggest costs come from the layers below it.</p><p style="margin:0px"><br /></p><p style="margin:0px">Demand isn&#39;t the issue. Third-quarter revenue reached about $17 billion, up 47% from the quarter before. Returns are harder. Anthropic posted its first operating profit, $974 million, in the second quarter. One quarter later, it was back to a $567 million operating loss.</p><p style="margin:0px"><br /></p><p style="margin:0px">Two things drove the swing. One sits in the layers below. Anthropic books compute 12 to 18 months ahead. When demand ran past what it had booked, it bought about $5 billion of short-term compute that costs significantly more than its long-term contracts, and compute rose from 48% of revenue to 58%. The other was a $2 billion non-cash charge tied to its employee donation-matching program.</p><p style="margin:0px"><br /></p><p style="margin:0px">On the company&#39;s adjusted measure, which strips out non-cash items like that charge, operating profit actually rose to about $2.5 billion. But the adjusted margin still fell, from 19% to 15%. Demand grew. The return on each dollar of it shrank.</p><p style="margin:0px"><br /></p><p style="margin:0px">There&#39;s a dependence problem too. Anthropic relies on Amazon, Google and Microsoft for compute, and all three build competing models. Its filing says it has asked for more compute than its cloud partners were willing to provide.</p><p style="margin:0px"><br /></p><p style="margin:0px">The bull case is in the same filing. In the first half, the direct cost of serving paying customers was just $2.4 billion against $16.3 billion of revenue, an implied gross margin of about 85%. That figure leaves out training and free-tier compute, though. Counting all compute and infrastructure, costs took about 55% of first-half revenue. If the expensive compute is a phase, Anthropic&#39;s slice gets bigger. If it&#39;s a pattern, it doesn&#39;t.</p><p style="margin:0px"><br /></p><p style="margin:0px">Anthropic&#39;s IPO won&#39;t settle whether AI is a bubble. It will test something more specific: how much investors are willing to pay for the models layer when the infrastructure underneath it is becoming more expensive and politically contested.</p><p style="margin:0px"><br /></p><h3 style="margin-left:0px"><strong style="font-weight:bolder">Crypto Priced It First</strong></h3><p style="margin:0px">Crypto traders have already put a number on it. Hours after the IPO filing went public on October 26, <a target="_blank" href="https://www.mexc.com/futures/ANTHROPIC_USDT" rel="noopener noreferrer">Anthropic pre-IPO perpetual futures</a> were trading around $1,880 on Binance, implying a valuation near $1.88 trillion, before Wall Street had named a price range.</p><p style="margin:0px"><br /></p><p style="margin:0px">There&#39;s some early evidence. CoinGecko found that pre-IPO perpetual prices came within 4.9% of <a target="_blank" href="https://www.mexc.com/futures/SPCXSTOCK_USDT" rel="noopener noreferrer">SpaceX</a>&#39;s opening price and 4.6% of CXMT&#39;s. But those contracts pointed to where shares would trade once listed, not the IPO price set by underwriters. On SpaceX&#39;s first day, perps on Hyperliquid were trading around $162, about 20% above its $135 IPO price. The stock opened lower, at $150, but closed the day near $161. What no market called was what came next: within two months, SpaceX fell about 46% from its peak to a record low near $108, below its IPO price.</p><p style="margin:0px"><br /></p><p style="margin:0px">So when ANT&#39;s price range comes out, the two numbers may not match. The gap shows how much of a first-day move crypto traders are already pricing in. Day one prices the demand. The returns take longer.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Trade Anthropic Pre-IPO on MEXC]{https://www.mexc.com/futures/ANTHROPIC_USDT}</p><p style="margin:0px"><br /></p><h2>Quick Hits</h2><p style="margin:0px"><strong style="font-weight:bolder">A December hike is now the base case.</strong> The Fed held at 3.75% to 4.00% on October 28, but two officials voted against, and CME FedWatch odds of a hike on December 9 jumped to about 85%. After this week&#39;s sell-off, they have eased to around 67% to 70%. October CPI on November 10 is the last inflation print before that decision. For AI, higher rates mean more expensive debt for everyone still building.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Crypto&#39;s new Congress problem, and opportunity.</strong> TD Cowen called a Democratic sweep the most negative scenario for crypto, but expects policy focus to shift toward tokenization, perpetual futures and stablecoins: the same rails that priced Anthropic first.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Two layers report next.</strong> <a target="_blank" href="https://www.mexc.com/futures/CRWVSTOCK_USDT" rel="noopener noreferrer">CoreWeave</a>&#39;s Q3 results (November 10) will show whether interest costs are outpacing new capacity. <a target="_blank" href="https://www.mexc.com/futures/NVIDIA_USDT" rel="noopener noreferrer">Nvidia</a> follows on November 17, the biggest single read on whether AI spending is still accelerating, landing right around ANT&#39;s expected debut.</p><p style="margin:0px"><br /></p><h2>New &amp; Noteworthy</h2><p style="margin:0px"><strong style="font-weight:bolder">Anthropic Pre-IPO futures are live on MEXC.</strong> <a target="_blank" href="https://www.mexc.com/futures/ANTHROPIC_USDT" rel="noopener noreferrer">Trade ANTHROPIC/USDT</a> and track the market&#39;s view of Anthropic&#39;s valuation before the opening bell.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Pick your layer.</strong> MEXC&#39;s newest stock futures line up with the AI cake: <a target="_blank" href="https://www.mexc.com/futures/FSLRSTOCK_USDT" rel="noopener noreferrer">First Solar (FSLR)</a> on energy, <a target="_blank" href="https://www.mexc.com/futures/LSCCSTOCK_USDT" rel="noopener noreferrer">Lattice Semiconductor (LSCC)</a> on chips, and <a target="_blank" href="https://www.mexc.com/futures/FNSTOCK_USDT" rel="noopener noreferrer">Fabrinet (FN)</a>, <a target="_blank" href="https://www.mexc.com/futures/MTZSTOCK_USDT" rel="noopener noreferrer">MasTec (MTZ)</a> and <a target="_blank" href="https://www.mexc.com/futures/JCISTOCK_USDT" rel="noopener noreferrer">Johnson Controls (JCI)</a> on infrastructure, from the optical links inside data centers to the power lines and cooling around them. All trade 24/7 with up to 20x leverage.</p><p style="margin:0px"><br /></p><h2>Translation</h2><p style="margin:0px"><i>“Anthropic hoping to get an investment grade bond rating is simply absurd.”</i></p><p style="margin:0px 0px 0px 40px">Jeffrey Gundlach, DoubleLine founder, on X (Nov 2).</p><p style="margin:0px 0px 0px 40px"><br /></p><p style="margin:0px">The stock market is pricing Anthropic&#39;s growth. The bond market is pricing its bills: junior debt tied to its chip financing already carries a speculative-grade rating from Kroll, and pays about 8.5%.</p><p style="margin:0px"><br /></p><h2>Before You Go</h2><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/announcements/article/anthropic-pre-ipo-heatwave-17827791539239" rel="noopener noreferrer"><strong style="font-weight:bolder">Anthropic Pre-IPO Heatwave.</strong></a> Complete simple missions to earn lucky draw chances to win ANTHROPIC(PRE), an NVIDIA H200 GPU, a 1-year Claude subscription and up to $1,000 in Anthropic Pre-IPO allocations. Running now until the Anthropic Pre-IPO Launchpad begins.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Join Now]{https://www.mexc.com/announcements/article/anthropic-pre-ipo-heatwave-17827791539239}</p><p style="margin:0px"><br /></p><p style="margin:0px">Not financial advice. We describe, you decide.</p>

<p style="margin:0px">Trade CC pairs with 0 fees, claim a welcome reward, enter the Treasure Lever Frenzy for a chance to win up to 1,000 CC, share CC prize pools in the Canton Trading Rush, hold CC to earn and learn to earn with Canton Academy.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Event Period</strong></p><p style="margin:0px">Oct 30, 2026, 10:00 (UTC) – Nov 30, 2026, 10:00 (UTC)</p><p style="margin:0px"><br /></p><h2>How to Join</h2><p style="margin:0px">Step 1: Register for the event.</p><p style="margin:0px">Step 2: Trade CC pairs and complete the missions.</p><p style="margin:0px">Step 3: Unlock rewards from the $1,000,000 prize pool.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Register Now]{https://www.mexc.com/events/star/Canton?utm_source&#61;mexc&amp;utm_medium&#61;ann}</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><h2>Event 1: 0-Fee Trading Fest</h2><p><br /></p><p style="margin:0px"><br /></p><p style="margin:0px">Enjoy 0 trading fees on CC/USDT and CC/USDC Spot pairs and CCUSDT Futures. For full details, visit <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">this page</a>.</p><p style="margin:0px"><br /></p><h2>Event 2: Welcome Power Reward</h2><p style="margin:0px">Register during the event, make a net deposit of ≥ $100 and hold for at least 24 hours to receive a $200 CC position airdrop and $5 in CC.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards are limited and available on a first-come, first-served basis.</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><h2>Event 3: Treasure Lever Frenzy</h2><p><br /></p><p style="margin:0px"><br /></p><p style="margin:0px">Trade CC/USDT Spot and CCUSDT Futures for a chance to win up to $1,000 in CC. Complete trading missions to earn chances to pull the treasure lever. Trade more to win more.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards are limited and available on a first-come, first-served basis.</p><p style="margin:0px"><br /></p><h2>Event 4: Canton Trading Rush</h2><p style="margin:0px">Complete Spot or Futures trading missions to share CC prize pools. Trade more to win more.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Mission 1: Spot Trading</strong></p><p style="margin:0px">Complete a cumulative CC/USDT Spot trading volume of at least $5,000 to share 1,500,000 CC.</p><p style="margin:0px">• Minimum eligible Spot trading volume: $5,000.</p><p style="margin:0px">• Maximum reward per user: 1,000 CC.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Mission 2: Futures Trading</strong></p><p style="margin:0px">Complete a cumulative CCUSDT perpetual Futures trading volume of at least $100,000 to share 3,500,000 CC.</p><p style="margin:0px">• Minimum eligible Futures trading volume: $100,000.</p><p style="margin:0px">• Maximum reward per user: 3,000 CC.</p><p style="margin:0px"><br /></p><h2>Event 5: Buy and Hold to Earn</h2><p style="margin:0px">Register during the event, buy CC on Spot and hold it. Random daily holding snapshots will be taken, and after the event ends, 1,000,000 CC will be shared based on your average valid holdings during the event period.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Note:</strong></p><p style="margin:0px">• Minimum valid holdings: 1,000 CC.</p><p style="margin:0px">• Maximum reward per user: 2,500 CC.</p><p style="margin:0px"><br /></p><h2>Event 6: Learn to Earn</h2><p style="margin:0px"><br /></p><p style="margin:0px">Read the <a target="_blank" href="https://www.mexc.com/learn/article/what-is-canton-network-canton-coin-complete-guide-to-the-enterprise-blockchain/1" rel="noopener noreferrer">Canton Academy article</a>, complete the quiz and claim 50 CC. A total of 500,000 CC is up for grabs.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards are limited and available on a first-come, first-served basis.</p><p style="margin:0px"><br /></p><p style="margin:0px">Terms and conditions apply. For more details, please refer to the event page.</p>

<p style="margin:0px">Trade on Prediction Markets, collect claw machine chances and draw for up to $1,000 in prediction bonuses or a chance at an iPhone Duo. Complete simple Spot, Earn and RealStocks missions for extra rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Event Period</strong></p><p style="margin:0px">Oct 22, 2026, 16:00 (UTC) – Nov 22, 2026, 15:59 (UTC)</p><p style="margin:0px"><br /></p><figure style="margin:16px 0;text-align:center"><p><a style="background-color:#0057ff;border-radius:4px;border-style:none;color:#fff;font-size:14px;margin:2px;padding:8px 16px;text-decoration:none" target="_blank" href="https://www.mexc.com/campaigns/TradingCarnival?utm_source&#61;mexc&amp;utm_medium&#61;ann" id="custom-button-1792737116710-v6lbbyijh" data-type="linkButton" rel="noopener noreferrer">Register Now</a></p></figure><p style="margin:0px"><br /></p><h2>Daily Trading: Silver Claw Machine—Share a $500,000 Prize Pool</h2><p style="margin:0px"><br /></p><p style="margin:0px">Reach daily prediction market volume milestones, from $2,500 up to $5,000. Each milestone earns 1 silver claw chance, for up to 6 silver chances per calendar day. Each chance gets 1 draw on the silver claw machine, with prizes of up to $1,000 in prediction bonuses and Earn APR boosters.</p><p style="margin:0px"><br /></p><p style="margin:0px">Note: Volume is counted per calendar day and doesn&#39;t carry over. Rewards are sent within 48 hours of each draw.</p><p style="margin:0px"><br /></p><h2>Cumulative Trading: Gold Claw Machine</h2><p style="margin:0px"><br /></p><p style="margin:0px">Reach cumulative prediction market volume milestones during the event to earn gold claw chances:</p><p style="margin:0px"><br /></p><p style="margin:0px">• ≥ $750,000 in cumulative trading volume: 1 gold claw chance</p><p style="margin:0px">• ≥ $1,000,000 in cumulative trading volume: 1 additional gold claw chance</p><p style="margin:0px"><br /></p><p style="margin:0px">Each user can earn up to 2 gold claw chances during the event.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Highlighted Prizes</strong></p><p style="margin:0px">• iPhone Duo 512GB</p><p style="margin:0px">• iPhone 18 Pro Max 1TB</p><p style="margin:0px">• iPhone 18 Pro 1TB</p><p style="margin:0px"><br /></p><p style="margin:0px">The first 9 gold claw draws are guaranteed to win a physical iPhone. Physical prizes are available on a first-come, first-served basis. Once all physical prizes have been claimed, each subsequent gold draw earns a $3,000 prediction market bonus instead.</p><p style="margin:0px"><br /></p><h2>Extra Perks Await</h2><p style="margin:0px"><br /></p><p style="margin:0px">Complete simple missions for extra rewards. All are limited and first-come, first-served.</p><p style="margin:0px"><br /></p><p style="margin:0px">• <strong style="font-weight:bolder">Spot</strong></p><p style="margin:0px">Complete your first Spot trade of ≥ $100 for a $5–$10 airdrop (eligible Spot pairs only).</p><p style="margin:0px">• <strong style="font-weight:bolder">Earn</strong></p><p style="margin:0px">Reach $100 or more in net deposits within 7 days of your first deposit, hold it for over 1 day and subscribe to an Earn product for a 400% APR booster. You can also complete your first prediction of $20 or more for a 400% Earn APR booster.</p><p style="margin:0px">• <strong style="font-weight:bolder">RealStock</strong></p><p style="margin:0px">Open a RealStock account for a $0.5 airdrop. New traders who complete a first single trade of $100 or more also earn 1 silver claw chance.</p><p style="margin:0px"><br /></p><h2>How to Join</h2><p style="margin:0px">1. Log in to your MEXC account.</p><p style="margin:0px">2. Register for the event on the event page</p><p style="margin:0px">3. Trade on the prediction markets.</p><p style="margin:0px">4. Reach the volume milestones, then use your silver and gold chances to draw.</p><p style="margin:0px">5. Complete the bonus missions for extra rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px">Register now, trade the prediction market and start catching rewards before the event ends.</p><p style="margin:0px"><br /></p><p style="margin:0px">For a beginner&#39;s guide and FAQs about MEXC Prediction Markets, please refer to the guide here:</p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/learn/article/what-is-mexc-prediction-markets-a-beginners-guide/1" rel="noopener noreferrer">A Beginner&#39;s Guide to Prediction Markets</a></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/support/article/how-to-trade-up-down-crypto-events-on-prediction-markets-417522884766167040" rel="noopener noreferrer">Up/Down Crypto Events on Prediction Markets</a></p><p style="margin:0px"><br /></p><p style="margin:0px">Terms and conditions apply. For more details, please visit the event page.</p>

<p style="margin:0px">MEXC will be delisting the XMR and DASH Spot trading pairs on <strong style="font-weight:bolder">Nov 13, 2026, 09:00 (UTC)</strong>. Please refer to the timeline below and manage your orders and assets before the respective deadlines.</p><p style="margin:0px"><br /></p><h2><span style="font-size:16px"><strong style="font-weight:bolder">Timeline</strong></span></h2><p style="margin:0px"><strong style="font-weight:bolder">Spot Trading</strong></p><ul style="list-style-type:disc"><li><p style="margin:0px">Nov 13, 2026, 09:00 (UTC): XMR and DASH Spot trading will be suspended, and all open orders will be automatically canceled.</p></li></ul><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Deposits and Withdrawals</strong></p><ul style="list-style-type:disc"><li><p style="margin:0px">Already in Effect: XMR and DASH deposits are now closed. Please do not deposit XMR or DASH to avoid potential asset losses.</p></li><li><p style="margin:0px">For 30 Days After Delisting: XMR and DASH withdrawals will remain open. Please withdraw your remaining XMR and DASH within this period to avoid potential asset losses.</p></li></ul><p style="margin:0px"><br /></p><p style="margin:0px">Thank you for your continued support.</p>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><p><span style="font-size:14px">To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch</span> <strong style="font-weight:bolder">KDP, TDG, ECHO</strong> and <strong style="font-weight:bolder">ONON</strong> <span style="font-size:14px">Stock Futures on the Futures market. T</span><span style="color:rgb( 0 , 0 , 0 );font-size:14px">hese new listings offer a flexible and efficient way to gain exposure to some of the most prominent equities. </span><span style="font-size:14px">Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </span></p><div><br /></div><h2><strong style="font-weight:bolder">Futures Trading Details</strong></h2><div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:145px" width="145" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Feature</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Trading Pair</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/KDPSTOCK_USDT">KDPUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/TDGSTOCK_USDT">TDGUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/ECHOSTOCK_USDT">ECHOUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/ONONSTOCK_USDT">ONONUSDT</a></strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Listing Time</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC)</strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Max Leverage</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Margin Mode</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Trading Hours</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></div></div><h2> </h2><h2><strong style="font-weight:bolder">Introduction</strong></h2><p><strong style="font-weight:bolder">Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. The company operates through three segments: U.S. Refreshment Beverages, U.S.</strong></p><p><strong style="font-weight:bolder">TDG Holding Co., Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of electronic materials, digital devices, and smart equipment in China and internationally. The company offers electronic materials, such as ferrite sheets for NFC antennas; soft ferrite cores for wireless chargers and LED power supplies; soft magnetic cores for automotive electronics, EV wireless charging products, and new energy; cores for EMI suppression and consumer electronics; stress-insensitive, high bias, low core loss, EMI-suppression, and thermal shock resistance NiZn ferrites; metal powder cores; sapphire crystal products; and piezo-electric crystal materials. It also provides high-frequency magnetic components and modules, microwave components and modules, molding choke inductors, and electronic manufacturing services; and powder materials equipment, and crystal material growth and process equipment. The company exports its products.</strong></p><p><strong style="font-weight:bolder">EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The Pay-TV segment offers a direct broadcast and fixed satellite, owned and leased satellites, leased fiber optic networks, in-home services, and call center operation services; digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; multichannel, live-linear and on-demand streaming over-the-top Internet-based domestic, international, Latino, and Freestream video programming services; and receiver systems. Its Wireless segment provides wireless communication services and products; and a range of wireless devices. The Broadband and Satellite Services offers broadband satellite technologies, and internet products and services to consumer customers, including home and small to medium-sized businesses; managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers, as well as to the unserved and underserved consumer, enterprise, aeronautical, and government markets; and integrated multi-transport solutions that enable airline and airline service providers to deliver in-flight network connectivity.</strong></p><p><strong style="font-weight:bolder">On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers. It sells its products to athletes and active customers through wholesale and direct-to-consumer channels; run specialty, general sporting goods, outdoor, luxury, street fashion, and lifestyle retailers; owned retail stores; and e-commerce platforms. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.</strong></p><div><br /></div><div><strong style="font-weight:bolder">Related Articles:</strong></div><div><a target="_blank" href="https://www.mexc.com/learn/article/how-to-trade-stock-futures-on-mexc/1" rel="noopener noreferrer">How to Trade Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Important Notes</strong></div><div>• Corporate actions (e.g., dividends, stock splits, reverse splits) may cause sharp price movements. Depending on market conditions, the platform may implement measures including early settlement or position adjustments. Users should monitor relevant announcements and manage risks to avoid unexpected losses.</div><div>• Stocks may trigger a circuit breaker due to market conditions. If triggered, trading will be halted and orders cannot be executed. No liquidation will occur, and existing orders can still be canceled. Please monitor the market, manage your positions, and refer to the official circuit breaker announcement for details.</div><div>• Availability of Stock Futures may vary by region due to regulatory restrictions. Certain jurisdictions may not support these products. Please refer to the <a target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement</a> for full details.</div><div>• MEXC reserves the right to adjust the list of supported regions at any time based on operational and compliance considerations.</div></div>

<div><div><div>The Flare (FLR) will undergo an upgrade on Nov 11, 2026, 14:00 (UTC). To ensure a smooth experience, MEXC will temporarily suspend FLR deposits and withdrawals from <strong style="font-weight:bolder">Nov 11, 2026, 12:00 (UTC).</strong></div><div><br /></div><div><strong style="font-weight:bolder">Please Note:</strong></div><ul style="list-style-type:disc"><li>FLR trading will not be affected during the network upgrade.</li><li>Please deposit your tokens in advance. MEXC will assist FLR holders with any technical issues during the network upgrade.</li><li>This network upgrade will not create a hard fork.</li><li>Deposits and withdrawals will resume once the network upgrade is complete and stable. No further announcements will be made.</li></ul><div><br /></div><div>For more information about the upgrade, please refer to the <a href="https://github.com/flare-foundation/go-flare/releases/tag/v1.15.1">announcement</a> from the project team.</div><div><br /></div><div>We apologize for any inconvenience this may cause. Thank you for your support!</div></div><div><br /></div></div>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div>As requested by the Turingbitchain (TBC) project team, MEXC has suspended TBC deposits and withdrawals.</div></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">We apologize for any inconvenience this may cause. Thank you for your support!</div>

<div style="font-size:13px"><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Quick Summary</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Check your email for your batch number and wind-down start date.</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• From your batch&#39;s wind-down start date, new deposits, purchases, subscriptions, loans, and orders that open or add to positions will be unavailable. You can still manage existing holdings and positions as described below.</span></div><div><span style="color:rgb( 245 , 74 , 69 );font-size:13px">•</span><span style="color:rgb( 0 , 0 , 0 );font-size:13px"> EUR deposits and withdrawals and bank card purchases through Buy Crypto become unavailable on Nov 18, 2026, 00:00 (UTC&#43;1).</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Any remaining positions will be automatically closed at fair price from Jan 22, 2027, 00:00 (UTC&#43;1), which may result in losses or fees.</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Your account moves to withdrawal-only mode on Jan 25, 2027, 00:00 (UTC&#43;1). Crypto withdrawals close on Mar 5, 2027, 00:00 (UTC&#43;1).</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Your assets remain secure throughout the transition.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Following our announcement on Oct 28, 2026, this announcement explains how products and services will be affected during the France service wind-down.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">We understand that managing these changes may take some planning. Please review the dates and product details that apply to your account, particularly any balances, orders, or positions you would like to manage before automatic handling begins.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">All times are in UTC&#43;1.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Key Timeline</strong></span></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><colgroup><col style="width:105px" width="105" /><col style="width:105px" width="105" /></colgroup><tbody><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Batch</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Wind-Down Start Date</strong></td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 1</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Nov 18, 2026</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 2</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Dec 10, 2026</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 3</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Dec 31, 2026</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Batch 4</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Jan 22, 2027</td></tr></tbody></table></figure></figure></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">From your batch&#39;s wind-down start date, your account moves to reduce-only mode. You can still sell your holdings, adjust margin, close or reduce positions, redeem Earn products, repay loans, and withdraw crypto, subject to the product details and deadlines below.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">The following dates apply to all affected accounts:</span></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><colgroup><col style="width:105px" width="105" /><col style="width:528px" width="528" /></colgroup><tbody><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Date</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">What happens</strong></td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Jan 22, 2027, 00:00</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Remaining open positions are automatically closed at fair price<br />- Outstanding loans are settled using collateral<br />- Remaining On-Chain tokens are converted into USDT based on available on-chain liquidity<br />- Stocks and Loans products are handled as described below</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Jan 25, 2027, 00:00</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Accounts move to withdrawal-only mode; Spot selling becomes unavailable</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Mar 5, 2027, 00:00</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Crypto withdrawals close</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">By Apr 5, 2027</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Remaining assets will be transferred to a regulated custodian following the applicable conversion and transfer procedures; details will be announced separately</td></tr></tbody></table></figure></figure></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Some products have dates that apply independently of your batch. These are stated in the relevant product rows below.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">What You Need to Do</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Before your batch&#39;s wind-down start date, we recommend that you:</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Cancel open orders and close or manage open positions</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Redeem Earn products, repay loans, and claim eligible rewards</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Stop active bots and automated strategies</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Download your transaction history and account statements</span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">• Withdraw your assets</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Product Impact</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Unless a different date is specified, the changes below take effect at 00:00 on your batch&#39;s wind-down start date.</span></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><colgroup><col style="width:105px" width="105" /><col style="width:158px" width="158" /><col style="width:409px" width="409" /></colgroup><tbody><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Category</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">Product / Service</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );text-align:center;white-space:pre-wrap;word-wrap:break-word"><strong style="font-weight:bolder">What Changes</strong></td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="3">Account</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Deposits</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">New deposits become unavailable</td></tr><tr height="27"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Withdrawals</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Remain available until Mar 5, 2027, 00:00</td></tr><tr height="46"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Transfers</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Transfers to other MEXC accounts become unavailable<br />- Transfers within your own MEXC account remain available</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="2">Fiat &amp; P2P</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">On-/Off-Ramp, Buy Crypto, Card</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- EUR deposits and withdrawals, bank card purchases through Buy Crypto become unavailable from Nov 18, 2026, 00:00<br />- Card payments already in progress will still be credited, subject to applicable conditions<br />- ether.fi Card remains available independently of MEXC</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">P2P</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New P2P trades become unavailable from your batch&#39;s wind-down start date<br />- Existing orders and appeals continue until resolved<br />- Merchant status and security deposit refunds will be processed individually upon request</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="5">Spot</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Spot, Convert</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Spot buy orders and Convert become unavailable<br />- Unfilled Spot buy orders and pending Convert orders are automatically canceled<br />- Sell orders remain available until Jan 25, 2027, 00:00</td></tr><tr height="65"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">DCA</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New plans become unavailable<br />- Existing plans end automatically; tokens already purchased remain in your Spot account</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Grid</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New bots become unavailable<br />- Active bots stop automatically<br />- You retain your holdings and can manage them through Spot trading before Jan 25, 2027, 00:00</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Pre-Market</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New orders become unavailable, and unmatched orders are automatically canceled<br />- Delivery obligations are waived for matched orders, and locked assets or collateral are released automatically</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">On-Chain</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New buy orders become unavailable<br />- Selling remains available until Jan 22, 2027, 00:00<br />- From Jan 22, 2027, 00:00, any remaining On-Chain tokens will be converted to USDT based on available on-chain liquidity; the amount you receive may differ from the expected value</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Stocks</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Stocks</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Trading remains available but please settle your shares during market hours by Jan 21, 2027<br />- From Jan 22, 2027, MEXC will settle any remaining shares at market price, or at the fair price if no counterparty is available</td></tr><tr height="141"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="4">Futures</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Futures (Including Stock Futures and Event Futures)</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Orders that open new positions or add to existing positions become unavailable; open orders except TP/SL are canceled<br />- You can still adjust margin and reduce or close positions<br />- Open positions remain exposed to market risk, including liquidation, until closed<br />- Remaining open positions will be automatically closed at the fair price from Jan 22, 2027, 00:00</td></tr><tr height="217"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Copy Trade</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Traders: Opening new positions and accepting new Followers become unavailable; new Trader applications become unavailable; Trader profiles are removed from the Copy Trade homepage, while Trader status and trading history are retained<br />- Followers: New copy trading activity becomes unavailable, including copying new trades opened by Traders outside restricted regions; Followers can manually close their copied positions or wait for the Trader to close them<br />- Remaining open positions will be automatically closed at fair price from Jan 22, 2027, 00:00; profit sharing will cease once positions are closed</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Futures Grid Bot</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;background-color:rgb( 255 , 255 , 255 );color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New bots become unavailable and active bots will be stopped<br />- Orders to open positions will be canceled; existing orders to close positions will remain active until Jan 22, 2027, 00:00<br />- Remaining open positions will be automatically closed at the fair price from Jan 22, 2027, 00:00</td></tr><tr height="65"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">CFD</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Opening new positions became unavailable on Nov 3, 2026<br />- Remaining open positions will be automatically closed from Jan 22, 2027, 00:00</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word" rowspan="4">Earn</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Flexible Savings, Hold and Earn, Futures Earn</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- Auto-Earn and Futures Earn are disabled; you are unenrolled from Hold and Earn<br />- Assets are automatically redeemed<br />- Accrued interest is distributed under the normal product rules</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Fixed Savings</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New stakings become unavailable<br />- Existing stakings are automatically redeemed; interest accrued up to the day before your wind-down start date will be distributed according to the product&#39;s normal rules</td></tr><tr height="84"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">On-Chain Earn</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New stakings become unavailable<br />- GRAM will be redeemed automatically<br />- You must manually redeem MXSOL before your wind-down start date as MEXC cannot redeem it on your behalf</td></tr><tr height="103"><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">Loans</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );white-space:pre-wrap;word-wrap:break-word">- New borrowing becomes unavailable<br />- You can repay existing loans before Jan 22, 2027<br />- Any loans outstanding as of Jan 22, 2027, 00:00 will be settled using your collateral, with a 5% handling fee on the settled amount</td></tr></tbody></table></figure></figure></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Remaining Assets</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Crypto withdrawals close on Mar 5, 2027, 00:00. After withdrawals close, remaining assets will be transferred to a regulated custodian. Assets not supported by the custodian will be converted to USDC at the prevailing price. The value realized may differ from what you expect, so please manage these assets before your applicable date.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">We will publish a separate announcement explaining the custody arrangements and how to access assets after the transfer.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Continuing With Another Platform</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">If you received an email about continuing with one of our partner platforms, please follow the instructions in that email. These are independent providers, and their own terms and eligibility requirements apply. Your MEXC account and assets will not be transferred automatically through these referral options.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Think Your Account Was Included in Error?</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">If you believe your account has been included in error, contact Customer Service before your wind-down start date. A review request does not pause or extend your timeline unless MEXC confirms otherwise.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:16px"><strong style="font-weight:bolder">Further Information</strong></span></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Please read the </span><a style="font-size:13px" target="_blank" href="https://www.mexc.com/support/article/mexc-france-service-wind-down-493960039776252928" rel="noopener noreferrer"><span style="color:rgb( 0 , 0 , 0 );font-size:13px">FAQ</span></a><span style="color:rgb( 0 , 0 , 0 );font-size:13px"> for answers about the wind-down, product handling and steps that apply to your account.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px"><strong style="font-weight:bolder">Security Reminder: </strong>MEXC will never ask for your password, verification codes or private keys, or ask you to transfer assets to a &#34;migration&#34; or &#34;safe&#34; wallet. Only use links from official MEXC channels, and verify any suspicious contact through </span><a style="font-size:13px" target="_blank" href="https://www.mexc.com/official-verify" rel="noopener noreferrer"><span style="color:rgb( 0 , 0 , 0 );font-size:13px">MEXC Verify</span></a><span style="color:rgb( 0 , 0 , 0 );font-size:13px">.</span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:13px">Thank you for your patience and understanding.</span></div></div>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><p><span style="color:rgb( 0 , 0 , 0 );font-size:14px">MEXC has adjusted the tick size (minimum price change) for </span>牛逼USDT<span style="color:rgb( 0 , 0 , 0 );font-size:14px">. This change aims to improve market liquidity and the overall trading experience. The new tick size takes effect on</span> Nov 11, 2026, 08:30 (UTC). The details are as follows:</p><div><br /></div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:medium double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:198px" width="198" /><col style="width:285px" width="285" /><col style="width:198px" width="198" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Futures Trading Pair</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Tick Size Before</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Tick Size After</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">牛逼USDT</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">0.00001</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">0.000001</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></div><h3> </h3><h3>Important Notes</h3><ul style="list-style-type:disc" start="1"><li><div>This adjustment will not impact trading or other related functions for the mentioned Futures pair.</div></li><li><div>Existing orders will remain unaffected. Orders placed before the update will continue to be matched using the original tick size.</div></li><li><div>The API will be updated accordingly. API users can access the latest details via <code>GET /api/v1/contract/detail/country</code>.</div></li></ul><div>Please update your trading strategies accordingly to align with the new tick size settings and avoid any potential disruptions. For more information, please refer to the <a target="_blank" href="https://www.mexc.com/futures/information/trading_rule/BTC_USDT" rel="noopener noreferrer">MEXC Futures Trading Rules</a>.</div><div><br /></div><div>Thank you for your continued support of MEXC Futures.</div></div>

<div><div>MEXC will be delisting the <strong style="font-weight:bolder"><strong><strong>XMR</strong></strong></strong> and <strong style="font-weight:bolder"><strong><strong>DASH</strong></strong></strong> USDT-M Perpetual Futures pairs on <strong style="font-weight:bolder"><strong><strong>Nov 13, 2026, 10:00 (UTC)</strong></strong></strong>.<br /><br /> </div><div><strong style="font-weight:bolder">Please note:</strong><br /><br /> </div><ul style="list-style-type:disc"><li>MEXC will close all positions for the abovementioned trading pairs at the fair price at the time of delisting.</li><li>All open orders of the abovementioned trading pairs will be canceled upon delisting.</li><li>Users are encouraged to search the affected trading pairs using the search bar and close any open positions before delisting to minimize risk and prevent potential loss.</li></ul><div><ul style="list-style-type:disc"><li>The abovementioned trading pairs will also be simultaneously delisted from Demo Trading, if applicable.</li></ul></div><div><ul style="list-style-type:disc"><li>The abovementioned trading pairs will also be simultaneously delisted from Futures Grid Trading, if applicable. Please disable the grid bot for the affected pairs in time and consider trading other pairs.</li></ul></div><p><br />Thank you for your continued support.</p><p><br /></p></div>

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