<p style="margin:0px">Good earnings are no longer enough to push stocks higher. As investors reassess risk, positioning and deleveraging are starting to matter more than fundamentals. When everyone wants to get a little less aggressive, what gets sold first?</p><p style="margin:0px"><br /></p><h2>Stay Updated</h2><p style="margin:0px">Follow us on Telegram to be notified whenever a new digest drops.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Follow MEXC on Telegram]{https://t.me/MEXC_OfficialAnnouncements}</p><p style="margin:0px"><br /></p><h2>New and Noteworthy</h2><p style="margin:0px">• <a target="_blank" href="https://www.mexc.com/announcements/article/first-in-market-17827791537152" rel="noopener noreferrer">GRVT</a> Is Here: The world's first licensed perpetual DEX has entered the trading lineup—one to watch as on-chain trading evolves.</p><p style="margin:0px"><br /></p><p style="margin:0px">• <a target="_blank" href="https://www.mexc.com/announcements/article/first-in-market-17827791537098" rel="noopener noreferrer">AEON</a> Joins the Market: Trade AEON, a new crypto settlement project building infrastructure for the next wave of adoption.</p><p style="margin:0px"><br /></p><p style="margin:0px">• More Index Futures, 0 Fees: <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-to-list-xlv-and-bito-index-futures-on-jul-29-with-0-fee-trading-17827791537125" rel="noopener noreferrer">XLV and BITO</a> are now available, giving you more ways to take positions across healthcare and Bitcoin exposure.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Get Early Access]{https://www.mexc.com/announcements/new-listings}</p><p style="margin:0px"><br /></p><h2>Five Things You Need to Know</h2><p style="margin:0px"><strong style="font-weight:bolder">Markets don't always sell their weakest names first.</strong> Often they sell what everyone already owns. Turns out being popular has its downsides, even for stocks. That's the AI trade right now.</p><p style="margin:0px"><br /></p><p style="margin:0px">Bank of America's latest Global Fund Manager Survey shows 45% of managers now call an AI bubble the market's biggest tail risk, well ahead of inflation (26%) or disorderly bond yields (14%). Even sharper: a record 82% call long semiconductors the world's most crowded trade. Apparently everyone got the same memo.</p><p style="margin:0px"><br /></p><p style="margin:0px">This isn't a loss of faith in AI. Most managers still expect hyperscalers to keep spending aggressively, and nearly half don't think AI stocks are in a bubble at all. What's changed is the math: when everyone owns the same winners, good news barely moves anything, while a small stumble can trigger broad selling.</p><p style="margin:0px"><br /></p><p style="margin:0px">That helps explain why several AI and semiconductor leaders struggled to extend gains despite reporting solid results. Nobody rewrote their model of the future overnight. Hedge funds just entered summer over-leveraged and crowded into the same names, making the popular trade the easy one to sell.</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/F20260731120432370v6oQsNuyjqeCjy.png" width="1200" height="682" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">When a crowded trade unwinds, the money flips sides.</strong> Since the market peaked in early June, the Magnificent Seven fell more than 8% and semiconductors dropped about 19%. Yet roughly two-thirds of S&P 500 companies gained, eight of the eleven sectors moved higher, and the equal-weight index rose nearly 4%. Healthcare and financials, both largely ignored during the AI rally, led the bounce.</p><p style="margin:0px"><br /></p><p style="margin:0px">At first glance, that looks as though investors discovered new conviction in the rest of the market. The more likely explanation? Yesterday's winners were funding today's rebound. Market-neutral funds that were long momentum winners and short the laggards got hit on both sides at once: their longs fell, their shorts rose, and managers cut exposure to control the damage. The Morgan Stanley Sector-Neutral Momentum Index reportedly dropped 17.4% in four sessions, and Asia-focused long-short funds fell about 18.6% for July, on pace for their worst month on record.</p><p style="margin:0px"><br /></p><p style="margin:0px">Once losses reach that scale, selling becomes self-reinforcing. Funds reduce their profitable long positions to lower gross exposure. They also buy back shorts that are rising against them. That combination pushes crowded winners lower while lifting stocks that had previously lagged, even when little has changed in the underlying earnings outlook for either group.</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/F20260731120439369qBi19Bt0YTMw8K.png" width="735" height="509" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Central banks delivered plenty of decisions this week</strong>, just none that gave investors a reason to put risk back on. The Fed held rates at 3.50%–3.75%, the Bank of England held at 3.75%, and the Bank of Japan left its policy rate at 1%. All as expected, but unchanged rates didn't mean unchanged uncertainty.</p><p style="margin:0px"><br /></p><p style="margin:0px">The complication is new Fed chair Kevin Warsh, whose hawkish reputation sits uneasily against his own argument that stronger productivity could let the economy grow without stoking inflation. July's meeting didn't settle which version is running the Fed: three officials dissented in favor of a hike, the most since 2016, while Warsh gave no clear signal on what comes next. Markets tried pricing the ambiguity themselves—September hike odds briefly hit 77%, the 30-year yield reached a 19-year high near 5.24%, and stocks fell before recovering.</p><p style="margin:0px"><br /></p><p style="margin:0px">Warsh has also pulled back from forward guidance, leaving markets to read data without a clear reaction function—so every print now carries outsized weight. With no fresh catalyst, funds were left doing what earlier sections describe: cutting leverage, trimming crowded longs, covering shorts.</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/F20260731120449223JbTktOgfxpF0jk.png" width="1280" height="958" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/BTC_USDT" rel="noopener noreferrer"><strong style="font-weight:bolder">Bitcoin</strong></a><strong style="font-weight:bolder"> has quietly clawed back much of this month's losses</strong>, climbing toward $65,000 after the Fed held rates steady and AI-spending optimism returned. The asset itself shows no signs of broad capitulation.</p><p style="margin:0px"><br /></p><p style="margin:0px">The businesses built around it tell a different story. Coinbase posted its third straight quarterly loss, with transaction revenue down 21% year-over-year as spot trading kept slowing. Robinhood, despite record overall revenue, saw crypto revenue fall 38% year-over-year as retail money shifted toward equities, options, and event contracts.</p><p style="margin:0px"><br /></p><p style="margin:0px">Bitcoin can stay resilient even as the broader crypto ecosystem cools, so long as investors get more selective about where they put capital.</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">A 466% first-day rally usually signals a successful IPO</strong>. For <a target="_blank" href="https://www.mexc.com/futures/CXMTSTOCK_USDT" rel="noopener noreferrer">CXMT</a>, it may show the opposite. China's largest memory-chip maker raised up to $9.8 billion pricing shares at RMB 8.66, which closed the first session at RMB 49, valuing the company near $488 billion. IPO investors landed a windfall; CXMT sold those same shares for less than a fifth of their closing price.</p><p style="margin:0px"><br /></p><p style="margin:0px">Bloomberg Opinion called it a flop. CXMT priced at roughly 2.4 times book value, below where global peers trade, despite being China's only real DRAM challenger. Half the offering went to strategic institutions with long lock-ups, so cheap pricing cushioned them, while CXMT captured only a fraction of demand it could have funded itself. Compare that to SpaceX, which rose 20% on debut after raising $86 billion, capturing most of the demand upfront.</p><p style="margin:0px"><br /></p><p style="margin:0px">Memory-chip competition runs on scale and capital, and CXMT's proceeds remain modest next to Korean rivals. The first-day surge speaks to how poorly the IPO converted demand into funding.</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/F20260731121622994BhJI9TLY8IUdcI.png" width="1280" height="631" /></p></figure><p style="margin:0px"><br /></p><h2>Unpopular Opinion: The IPO Premium Is Dead</h2><p style="margin:0px">Buying an IPO used to come with a simple bet: the good stuff happens after the ribbon-cutting, and early buyers get a cut of it. That bet hasn't paid off in years.</p><p style="margin:0px"><br /></p><p style="margin:0px">Apollo dug into Jay Ritter's IPO database and found every U.S. listing cohort since 2019 has trailed the broader market over three years. The damage in 2020, 2021, and 2022 was ugly, market-adjusted returns of roughly -79%, -69%, and -72%. Even 2019, the "normal" year before the pandemic distorted everything, couldn't beat the index.</p><p style="margin:0px"><br /></p><p style="margin:0px">Blame higher rates if you want, but that's only part of it. Companies now spend years longer in private hands. Venture capital, private equity, and sovereign wealth funds have enough dry powder to build a company into a global giant long before it ever needs a stock ticker. Even the famous first-day "pop," historically around 19%, mostly rewards whoever got the allocation, not whoever bought once the stock actually started trading. Retail investors show up late to a party where the good drinks are already gone.</p><p style="margin:0px"><br /></p><p style="margin:0px">Some IPOs still work, obviously. Companies with real cash flow, genuine moats, and founders who keep control of the board, SpaceX, or OpenAI if it ever lists, have historically crushed the average debut. Large tech IPOs trail the market by only about two points over three years, and the ones with dual-class shares have actually beaten it. But these are the ones investors remember precisely because they're rare. CXMT's listing added a new wrinkle to the story. A monster first-day rally used to mean the company nailed its debut. Increasingly, it just means bankers priced the deal too cheaply, and billions of dollars quietly walked out the door to whoever got shares at the offering price. A huge pop these days often says more about how few shares were actually available than about how good the business is.</p><p style="margin:0px"><br /></p><p style="margin:0px">Call it the unpopular truth: going public used to be chapter one. Now it often reads more like the epilogue.</p><p style="margin:0px"><br /></p><h2>One Surprising Number</h2><figure><figure><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202607311300536042TEaYXJwpP6xTh.png" width="1024" height="559" /></figure></figure><p 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"><strong>18%</strong></p><p 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">That's what Kalshi traders give SpaceX to top 170 launches this year, roughly what it flew in 2025. As of July 29.</p><p 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">SpaceX keeps making absurd numbers look routine. But the market says most people don't expect a repeat.</p><p style="margin:0px"><br /></p><h2>Before You Go</h2><p style="margin:0px">The market is turning into a battleground of predictions and strategies. Join the ${Up/Down Crypto Events Carnival Week}[https://www.mexc.com/announcements/article/up-down-crypto-events-carnival-week-17827791537017]$ and compete for a share of $1,000,000 in rewards, or explore AI-powered trading in the <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-ai-trading-showdown-17827791537037" rel="noopener noreferrer">MEXC AI Trading Showdown</a> with $500,000 up for grabs.</p><p style="margin:0px"><br /></p><p style="margin:0px">[More Events]{https://www.mexc.com/announcements/latest-events/ongoing}</p>

<p style="margin:0px">To celebrate the launch of Up/Down Crypto Events on Prediction Market, MEXC is introducing the <strong style="font-weight:bolder">Up/Down Crypto Events Carnival Week</strong>. Complete eligible tasks during the event for a chance to share $1,000,000 in rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Event Period: Jul 24, 2026, 00:00 (UTC) – Aug 9, 2026, 23:59 (UTC)</strong></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/CryptoEventsCarnivalWeek?utm_source=mexc&utm_medium=ann" id="custom-button-1784791747579-sapgw3j25" data-type="linkButton" rel="noopener noreferrer">Join Now</a></p></figure><p style="margin:0px"><br /></p><h2>Reward Highlights</h2><h3>New User First Trade Reward</h3><p style="margin:0px">First-time Prediction Market users who complete their first trade of 30 USDT or more will receive up to 15 USDT.</p><p style="margin:0px"><br /></p><p style="margin:0px">Note: Applies to both Up/Down Crypto Events and regular prediction events, including Combo orders.</p><p style="margin:0px"><br /></p><h3>Deposit Reward</h3><p style="margin:0px">During the event, all registered users who complete a net deposit of 100 USDT or more and maintain an account balance of at least 100 USDT for 24 hours will receive up to 20 USDT in prediction bonuses.</p><p style="margin:0px"><br /></p><h3>Daily Trading Reward</h3><p style="margin:0px">During the event, the first 1,000 users daily to reach a cumulative Prediction Market trading volume of 100 USDT or more will receive a 10 USDT prediction bonus.</p><p style="margin:0px"><br /></p><p style="margin:0px">Note: Applies to both Up/Down Crypto Events and regular prediction events, including Combo orders.</p><p style="margin:0px"><br /></p><h3>Trading Volume Milestone Reward</h3><p style="margin:0px">Reach cumulative Prediction Market trading volume milestones during the event to unlock rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Reward Details</strong></p><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%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><tbody><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center"><strong style="font-weight:bolder">Cumulative Trading Volume</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center"><strong style="font-weight:bolder">Reward</strong></td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 200,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">2,000 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 100,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">1,500 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 50,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">800 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 20,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">400 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 10,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">300 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 5,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">200 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 3,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">130 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 1,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">60 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 500 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">30 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 100 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">10 USDT</td></tr></tbody></table></figure></figure></figure><p style="margin:0px"><br /></p><p style="margin:0px">Note: Rewards are based on the highest milestone achieved.</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Terms and Conditions</strong></p><p style="margin:0px">• Users must register for the event during the event period to participate and be eligible for rewards.</p><p style="margin:0px">• To qualify for the corresponding rewards, all new users participating in the event must complete their first net deposit of at least 100 USDT and hold it for at least 24 hours. Net deposit = On-chain deposits (internal transfers excluded) + P2P/Fiat buys - On-chain withdrawals (internal transfers included) - P2P/Fiat sells - Asset transfers out - Gifts sent.</p><p style="margin:0px">• Rewards in this event are stackable.</p><p style="margin:0px">• The Trading Volume Milestone Reward will be distributed based on the highest cumulative trading volume level achieved. Each user can receive the reward only once.</p><p style="margin:0px">• During the event period, the trading fee for Prediction Markets will be 0% for makers and 1.5% for takers.</p><p style="margin:0px">• Combo trades will be uniformly classified as taker trades, with a 1.5% fee charged for both buy and sell transactions.</p><p style="margin:0px">• No settlement fees will be charged for events.</p><p style="margin:0px">• Event rewards will be issued to users' accounts in the form of prediction bonuses or USDT airdrops within the specified timeframe.</p><p style="margin:0px">• In the event of market anomalies, system issues, settlement issues, force majeure events, or regulatory requirements, MEXC reserves the right to adjust, suspend, or cancel the event rules.</p><p style="margin:0px">• For more information on MEXC Prediction Markets, please refer to the following guides: What Is MEXC Prediction Markets: A Beginner's Guide and MEXC Prediction Markets Up/Down Crypto Events Beginner Guide.</p><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%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><tbody><tr><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"> </td></tr></tbody></table></figure></figure></figure></figure></figure>

<div><div><div>The Berachain (BERA) will undergo an upgrade on Aug 5, 2026, 16:00 (UTC). To ensure a smooth experience, MEXC will temporarily suspend BERA deposits and withdrawals from <strong style="font-weight:bolder">Aug 5, 2026, 14:30 (UTC).</strong></div><div><br /></div><div><strong style="font-weight:bolder">Please Note:</strong></div><ul style="list-style-type:disc"><li>BERA trading will not be affected during the network upgrade.</li><li>Please deposit your tokens in advance. MEXC will assist BERA 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/berachain/bera-reth/releases/tag/v1.4.4">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>MEXC will be delisting the VICUSDT Perpetual Futures pair on Aug 7, 2026, 08:00 (UTC).<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 pair at the fair price at the time of delisting.</li><li>All open orders of the abovementioned trading pair will be canceled upon delisting.</li><li>Users are encouraged to search the affected trading pair 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 pair will also be simultaneously delisted from Demo Trading, if applicable.</li></ul></div><div><ul style="list-style-type:disc"><li>The abovementioned trading pair will also be simultaneously delisted from Futures Grid Trading, if applicable. Please disable the grid bot for the affected pair in time and consider trading other pairs.<br /><br /> </li></ul></div><div>Thank you for your continued support.</div>

<div>We are pleased to announce the addition of <strong>SILVER(XAG)USDT, SILVER(XAG)USDC</strong> and <strong>SILVER(XAG)USD1</strong> Futures to the 0-Fee Fest. Don't miss this golden opportunity to trade Futures with absolutely no fees. Join now and make every trade count!</div><div><br /></div><h2><strong style="font-weight:bolder">Event Details</strong></h2><div><strong style="font-weight:bolder">Start Time:</strong> <strong>Aug 5, 2026, 16:00 (UTC)</strong> </div><div><strong style="font-weight:bolder">End Time: </strong><strong>To be announced</strong> </div><div><strong style="font-weight:bolder">New Trading Pairs: <strong>SILVER(XAG)USDT, SILVER(XAG)USDC</strong> and <strong>SILVER(XAG)USD1</strong> </strong></div><div><strong style="font-weight:bolder">How to Participate: </strong>No registration is required. Simply trade the above Futures to enjoy 0 fees (0% maker fees + 0% taker fees).</div><div><br /></div><div><strong style="font-weight:bolder">🎉 100 Tokens, 0 Fees 🎉</strong></div><div>For more information on the 0-Fee Fest and the event trading pairs, please refer to the <a target="_blank" href="https://www.mexc.com/zero-fee" rel="noopener noreferrer">event page</a>.</div><div><br /></div><h2><strong style="font-weight:bolder">Important Notes:</strong></h2><ul style="list-style-type:disc" start="1"><li><div><span style="font-size:14px">During the event, trading fee discounts from other promotions will not apply to the above trading pairs.</span></div></li><li><div>During the event, the trading volume of the above trading pairs will only partially count towards other Futures events, including <a target="_blank" href="https://www.mexc.com/en-US/futures-activity/bonus" rel="noopener noreferrer">Get $10,000</a>, <a target="_blank" href="https://www.mexc.com/futures-mday?utm_source=mexc&utm_medium=marketsbanner&utm_campaign=bonus_mday" rel="noopener noreferrer">M-Day</a>, etc. For specific details, please refer to the rules of other events.</div></li><li><div>Zero fees do not apply to liquidation. Once liquidation is triggered, you may lose all or a significant portion of your position margin, and the liquidation fee will be deducted from your margin.</div></li><li><span style="font-size:14px">Zero fees do not apply to API trading.</span></li><li><div>This event is open to select users in specific regions. Please refer to your account's <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</div></li><li><div>MEXC reserves the final interpretation rights for this event. For any inquiries, please contact Customer Service.</div></li></ul><div><br /></div><div>Thank you for supporting MEXC Futures.</div>

<div>We are excited to announce the listing of 4 new Futures trading pairs on MEXC Copy Trade: <strong style="font-weight:bolder">KOSPIUSDT, GPUBSCUSDT, ASTEROIDBSCUSDT and UNITREEUSDT</strong>. Followers can now leverage experienced traders' strategies with these fresh additions, while traders have the opportunity to earn even more by sharing their expertise.<br /><br /> </div><div>Details are as follows:</div><div><br /></div><div><p><br /> </p><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%"><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:179px" width="179" /><col style="width:304px" width="304" /></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">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">Maximum Leverage on Copy Trade</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">KOSPIUSDT (Index)</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">20x<br /> </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">GPUBSCUSDT</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">20x<br /> </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">ASTEROIDBSCUSDT</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">20x<br /> </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;vertical-align:top" colspan="1" rowspan="1">UNITREEUSDT (Pre-IPO)</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1">10x<br /> </td></tr></tbody></table></figure></figure></figure></figure></figure></div><div><br /></div><div><br /></div><div></div><div><br /></div><div><br /></div><div><br /></div><div>Start trading now and make the most of these exciting new opportunities on MEXC Copy Trade.</div>

<p><span style="font-size:14px">To enhance your Futures trading experience, MEXC is pleased to announce that <strong style="font-weight:bolder">KOSPI</strong></span><strong style="font-weight:bolder"> </strong><span style="font-size:14px"><strong style="font-weight:bolder">Index Futures </strong>will be listed on MEXC Futures (Web & App). Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </span><span style="color:rgb( 0 , 0 , 0 );font-size:14px">This listing gives users greater flexibility and efficiency when trading global volatility products.</span></p><div style="color:rgb( 13 , 14 , 15 );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><h2><strong style="font-weight:bolder">Index Futures Trading Details</strong></h2><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><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%"><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:100px" width="100" /><col style="width:100px" width="100" /></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">Feature</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">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;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Trading Pair</p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a href="https://www.mexc.com/futures/KOSPI_USDT">KOSPIUSDT</a></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Listing Time</p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Aug 3, 2026, 05:00 (UTC)</p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Max Leverage</p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center">20x</p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Margin Mode</p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:rgb( 0 , 0 , 0 );font-size:14px">Cross & Isolated</span></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center">Trading Hours</p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center">24/7</p></td></tr></tbody></table></figure></figure></figure></figure></figure></div></div><p><br /></p><h2><strong style="font-weight:bolder">What is </strong>KOSPI</h2><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div><div style="white-space:normal">The Korea Composite Stock Price Index (KOSPI) tracks all listed stocks on the Korea Exchange and is a major indicator of the South Korean stock market.</div></div></div><div style="color:rgb( 13 , 14 , 15 );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><h2><strong style="font-weight:bolder">🎉 Limited-Time Offer: Enjoy 0 Trading Fees</strong></h2><div style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">Enjoy 0 trading fees on Index Futures for a limited time!</div><p style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;margin-top:0px;margin-bottom:1em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">This fee update only applies to select users in specific regions. Please check your account's <a style="background-color:rgba( 0 , 0 , 0 , 0 );color:rgb( 0 , 87 , 255 );font-style:normal;font-weight:400;letter-spacing:normal;outline:none;text-decoration:none;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</p><p style="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;margin-top:0px;margin-bottom:1em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">👉 <a style="background-color:rgba( 0 , 0 , 0 , 0 );color:rgb( 0 , 87 , 255 );font-style:normal;font-weight:400;letter-spacing:normal;outline:none;text-decoration:none;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" target="_blank" href="https://www.mexc.com/futures/stock-futures" rel="noopener noreferrer">Learn more about Index Futures on MEXC</a></p><div style="color:rgb( 13 , 14 , 15 );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="color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="font-weight:bolder">Important Notes</strong></div><ul style="list-style-type:disc;color:rgb( 13 , 14 , 15 );font-size:14px;font-style:normal;font-weight:400;letter-spacing:normal;list-style:disc;margin-top:0px;margin-bottom:1em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" start="1"><li style="list-style:disc"><div>If a circuit breaker is triggered, trading will be temporarily suspended and orders cannot be executed. No forced liquidations will occur, and existing orders may still be canceled. Users should monitor market conditions and manage their positions responsibly. Refer to the official circuit breaker notice for further details.</div></li><li style="list-style:disc"><div>Availability of KOSPI Index Futures may vary depending on regulatory restrictions in different jurisdictions. Certain regions may not support these products. Users should consult the <a style="background-color:rgba( 0 , 0 , 0 , 0 );color:rgb( 0 , 87 , 255 );outline:none;text-decoration:none" target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement </a>for more information.</div></li><li style="list-style:disc"><div>MEXC reserves the right to modify the list of supported regions at any time for operational and compliance purposes.</div></li></ul>

<div><div>We are pleased to announce that<strong style="font-weight:bolder"> GPUBSCUSDT </strong>will be listed in the MEXC Futures Innovation Zone (Web and App). Futures trading will open immediately upon listing. The Futures Grid trading bot will be available within 5 minutes after trading opens.</div><div><br /></div><h2><strong style="font-weight:bolder">Listing Details</strong></h2><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%"><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:156px" width="156" /><col style="width:131px" width="131" /><col style="width:100px" width="100" /><col style="width:136px" width="136" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><strong style="font-weight:bolder">Futures Pair</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><strong style="font-weight:bolder">Listing Time</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><strong style="font-weight:bolder">Leverage</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><strong style="font-weight:bolder">Margin Mode</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">GPUBSCUSDT</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">Aug 3, 2026, 05:00 (UTC)</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:#333333;font-size:14px">1-</span>20<span style="background-color:transparent;color:#333333;font-size:14px">x</span></p><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:#333333;font-size:14px">Adjustable</span></p></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>Cross & Isolated</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></div><div><br /></div><div>[Trade GPUBSCUSDT]{<!-- --><a href="https://www.mexc.com/futures/GPUBSC_USDT">https://www.mexc.com/futures/GPUBSC_USDT</a>}</div><div><br /></div><h2><strong style="font-weight:bolder">Important Notes</strong></h2><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>Futures pairs listed in the Innovation Zone carry higher volatility risk and may experience significant price fluctuations or extreme market conditions. Please use leverage responsibly and manage risk carefully.</div></li><li style="text-align:left"><div>Trading fees in the Innovation Zone are higher than other zones: <strong style="font-weight:bolder">Maker: 0.04% | Taker: 0.10%</strong></div></li><li style="text-align:left"><div>Users in certain countries or regions may not be able to trade Futures pairs in the Innovation Zone.</div></li><li><div>API Trading is currently unavailable for Innovation Zone pairs. Please use the MEXC website or app to trade.</div></li></ul><div><br /></div><div><strong style="font-weight:bolder">Related Announcements:</strong></div><div><a target="_blank" href="https://www.mexc.com/announcements/article/introducing-futures-innovation-zone-17827791534000" rel="noopener noreferrer">Introducing Futures Innovation Zone: High Potential Assets & Opportunities</a></div><div><br /></div><div>Thank you for trading with MEXC Futures!</div></div>

<div><div>We are pleased to announce that the<strong style="font-weight:bolder"> CATEUSDT Futures pair, currently listed in the Innovation Zone, </strong>will be upgraded to a Standard<strong style="font-weight:bolder"> </strong>Futures pair on <strong style="font-weight:bolder">Aug 3, 2026, 04:40 (UTC)</strong> and remain available for trading on both the MEXC App and website.</div><div><br /></div><h2><strong style="font-weight:bolder">Upgrade Details</strong></h2><div>The pair will be moved to the <strong style="font-weight:bolder">Main Board</strong>, with the following updates:</div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div><a target="_blank" href="https://mexc.com/fee" rel="noopener noreferrer">Trading Fees</a> will automatically adjust to the applicable zone rate.</div></li><li><div>Trading will not be interrupted during the transition.</div></li><li><div>Existing positions, open orders, and order history will not be affected.</div></li><li><div>API trading is supported, with maker fees at 0.01% and taker fees at 0.05%.</div></li><li style="text-align:left"><div>No action is required from users.</div></li></ul><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%"><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:156px" width="156" /><col style="width:131px" width="131" /><col style="width:100px" width="100" /><col style="width:136px" width="136" /></colgroup><tbody><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><strong style="font-weight:bolder">Futures Pair</strong></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><strong style="font-weight:bolder">Migration Time</strong></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><strong style="font-weight:bolder">Leverage</strong></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><strong style="font-weight:bolder">Margin Mode</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"><strong style="font-weight:bolder">CATEUSDT</strong></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"><strong style="font-weight:bolder">Aug 3, 2026, 04:40 (UTC)</strong></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>1–<strong style="font-weight:bolder">20</strong>× adjustable</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>Cross & Isolated</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></div><div><br /></div><div>[Trade <strong style="font-weight:bolder">CATEUSDT</strong>]{<!-- --><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/CATE_USDT">https://www.mexc.com/futures/CATE_USDT</a></strong>}</div><div><br /></div><div><br /></div><div><strong style="font-weight:bolder">Related Announcements:</strong></div><div><a target="_blank" href="https://www.mexc.com/announcements/article/17827791534000" rel="noopener noreferrer">Introducing Futures Innovation Zone: High Potential Assets & Opportunities</a></div><div><br /></div><div>Thank you for your continued support of MEXC Futures.</div></div>

<p style="margin:0px">We would like to inform you that ZIL, ZRC, FUEL, NOBODY, ELA have been delisted from MEXC Convert.</p><p style="margin:0px"><br /></p><p style="margin:0px">As we continue to enhance the feature, more tokens and conversion options will be introduced—stay tuned for more updates!</p><p style="margin:0px"><br /></p><p style="margin:0px">We appreciate your understanding and encourage you to explore other available conversion options on our platform.</p><p style="margin:0px"><br /></p><p style="margin:0px">Enjoy zero-fee, instant conversions with fixed rates and no slippage using MEXC Convert—easily convert tokens without order</p><p style="margin:0px">matching. For more details on key features and a quick guide, please refer to <a target="_blank" href="https://www.mexc.com/learn/article/what-is-mexc-convert-/1" rel="noopener noreferrer">What Is MEXC Convert</a>.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Risk Disclosure</strong></p><p style="margin:0px">Start-up blockchain projects may face significant risks in operation, underlying technology, and legal and regulatory environments.Investing in such projects requires rich technical and financial knowledge to understand the inherent risks associated with blockchain start-ups. Before making any investment decisions, we recommend that you conduct thorough due diligence, evaluation, or seek advice from professional consultants.The prices of digital assets related to blockchain projects exhibit high volatility and may fluctuate due to various factors. Investing in such projects may result in significant or total investment losses. Additionally, due to underlying technology of blockchain projects or cyber attacks, you may be unable to withdraw digital assets related to blockchain projects partially or completely. When deciding whether to invest in this project, please carefully assess the risks and make a decision based on your risk tolerance. MEXC does not guarantee or compensate for any investment losses incurred by you.</p>