VICTORIA, Seychelles, April 2, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, experienced a substantial rise in perpetual futures trading volume throughout 2024. According to CoinGecko’s latest annual report, MEXC captured the highest market share in perpetual trading and open interest (OI) volume among all centralized exchanges.

Key Takeaways:

• MEXC’s share of perpetual trading volume increased from 3% to 11% in 2024.
• The exchange’s OI market share doubled in Q4 2024, leading all competitors.
• MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.

MEXC’s share of the perpetual futures market grew from just 3% at the start of 2024 to 11% by year-end — a notable achievement driven by the platform’s deep liquidity, competitive fee structure, and innovative trading features. This performance placed MEXC among the top five centralized perpetual exchanges, collectively recording $58.5 trillion in trading volume for the year. This makes 2024 the most active year in the history of futures trading on the crypto market.

Throughout the year, MEXC showed steady growth across key metrics. Its perpetual trading volume share nearly quadrupled, while its OI market share doubled by Q4. The exchange’s strong focus on listing the most trending and in-demand tokens, combined with low fees in both futures and spot trading, has made it a go-to option for many traders worldwide.

The exchange received additional recognition from institutional reports such as TokenInsight, which stated the exchange captured the largest market share among centralized exchanges in February 2024, earning it a spot among the top 5 exchanges in overall market share. By identifying trends faster than its competitors, MEXC continues to strengthen its position among top-tier exchanges.

MEXC’s substantial growth in perpetual trading and open interest volume market share demonstrates the exchange’s emerging role as a major force in the cryptocurrency derivatives market. According to CoinDesk data, the exchange also captured the largest market share among centralized exchanges in February 2024, securing a place in the global top five for overall trading volume.

These achievements, supported by the platform’s comprehensive token offerings and methodical approach to capturing market trends, position MEXC as a key player in driving the evolution of cryptocurrency trading. MEXC remains dedicated to enhancing its platform, expanding its offerings, and upholding the highest standards of security and user experience.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Photo – https://mma.prnewswire.com/media/2655016/1.jpg
Logo – https://mma.prnewswire.com/media/2645195/MEXC_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/mexc-dominates-2024-perpetuals-surge-secures-top-5-global-ranking-302416901.html

Advertisement

GUANGZHOU, China, April 2, 2025 /PRNewswire/ — As of March 31, China’s technology sector has demonstrated exceptional resilience and growth, underscored by the strong performance of key indices such as the STAR AI Index and the STAR Growth Index, recording year-to-date increases of 18% and 12%, respectively. The STAR market’s growing prominence has sparked significant interest among fund managers, with over 30 fund companies now offering STAR market-related index products. Among these, E Fund Management (“E Fund”), the largest mutual fund manager in China, has emerged as a leader in this space.

E Fund offers a comprehensive lineup of seven STAR market-related ETFs, featuring low management fees in their category. Notable offerings include the E Fund STAR 50 ETF (Code: 588080) and the E Fund CSI Star & Chinext 50 ETF (Code: 159781), both accessible through the ETF Connect program. Recently, E Fund and other leading asset managers have introduced ETFs and feeder funds linked to the STAR Composite Index, providing investors with expanded options to capitalize on the STAR market’s growth potential.

The STAR market, established in 2019, has become a key hub for innovation, particularly in sectors like semiconductors, biopharmaceuticals, and renewable energy. In March, the STAR market handled the first two IPO applications of the year, one of which came from a pre-revenue company, further solidifying its position as a leading platform for fostering cutting-edge enterprises. Meanwhile, the broader A-share market is increasingly leaning towards tech-driven industries. In 2024, over 90% of newly listed companies on the STAR Market, ChiNext Market, and Beijing Stock Exchange are high-tech enterprises, and more than 40% of the A-share market’s total value is concentrated in strategic emerging industries. This reinforces the pivotal role of technology and innovation in driving China’s economic transformation.

About E Fund

Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 490 billion) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers.

Source: E Fund. AuM includes subsidiaries. Data as of Dec 31, 2024. FX rate is sourced from PBoC.

Photo – https://mma.prnewswire.com/media/2656286/image_826259_29180631.jpg
Logo – https://mma.prnewswire.com/media/2085383/_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/spotlight-on-star-market-amid-tech-driven-rise-in-china-302418307.html

PARIS and MUNICH, April 2, 2025 /PRNewswire/ — Nagarro, a global leader in digital engineering, announced today the business transfer of Notion Edge France, an SAP gold partner specializing in the SAP Customer Experience (CX) suite. The strategic transfer of business expands Nagarro’s CX offerings to key players in retail, CPG, manufacturing, and other sectors in France. The transfer also enables wider access to the African market while reinforcing Nagarro’s market position in Europe.

Notion Edge (NE) France has expertise in delivering end-to-end SAP-enabled innovative solutions to help businesses in digital transformation. Notion Edge has delivered successful projects across Europe, the USA, and Africa, particularly within the retail, CPG, B2B manufacturing, and digital commerce sectors, delivering integrated services ranging from consulting and implementation to maintenance and licensing. This transaction strengthens Nagarro’s access to key industry players and allows clients to benefit from an expanded portfolio of customized end-to-end CX solutions that are aligned with the highest standards of delivery excellence. 

Amine Gaiji, CEO, Notion Edge, states:

“This milestone marks a new and exciting chapter for Notion Edge. Joining forces with Nagarro brings powerful synergies, combining our boutique expertise in SAP CX, BTP, and FSM with Nagarro’s robust capabilities in SAP S/4HANA ERP and advanced innovation. This complementarity allows us to deliver an offering that is not only stronger but also fully aligned with SAP’s vision of an integrated Business Suite covering end-to-end enterprise processes. Together, we are uniquely positioned to help our clients scale their digital transformation journeys with agility, innovation, and simplicity at the core.”

Amit Sharma, Nagarro’s Retail, CPG & Digital Commerce business unit lead, states:

“Nagarro has deep expertise in offering products and solutions enabling intelligent customer experiences (CX) in retail, CPG, manufacturing, and other sectors. By joining forces with Notion Edge, we are embarking together on a strategic journey to offer SAP-enabled innovation solutions to customers worldwide. Notion Edge‘s deep consulting and implementation expertise in the SAP Customer Experience (CX) suite strengthens Nagarro’s offerings in end-to-end intelligent customer experiences across digital commerce, customer service, sales automation, marketing, customer data platforms, BTP, CPQ, FSM, AI, and others. I extend a warm welcome to Notion Edge‘s team into the Nagarro family and look forward to achieving remarkable success together.”

Christian Haller, Managing Director, Nagarro France, states:

“Collaboration with Notion Edge will allow us to address even more customer needs and strengthen our position not only in France but also globally. We will now address a larger portfolio for our SAP clients by integrating the SAP Customer Experience. The teams are also looking forward to working together more widely. We appreciate the skills and enthusiasm of the Notion Edge team. We already shared our Paris offices with Notion Edge colleagues, and now we will share the ‘CARING’ values and the Nagarro adventure!”

About Notion Edge France

Founded in 2017 by SAP alumni, Notion Edge France is an SAP partner focused on SAP CX, FSM and BTP implementation, providing a range of integrated services of digital transformation, SAP consultancy and implementation services to its clients. 

Advertisement

About Nagarro

Nagarro, a global digital engineering leader, helps clients become innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its approach of thinking breakthroughs. Nagarro employs nearly 18,000 people in 39 countries.

Logo: https://mma.prnewswire.com/media/844192/3850575/Nagarro_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/nagarro-strengthens-its-sap-cx-capabilities-with-the-strategic-business-transfer-of-notion-edge-france-302418291.html