Fintech PR
MEXC Among Top 3 CEXs with $1.79B Monthly Inflows, Driven by Innovative Strategies
VICTORIA, Seychelles, April 11, 2025 /PRNewswire/ — MEXC has achieved a net inflow of $77.5 million over the past 7 days, positioning itself as one of the few major centralized exchanges (CEXs) to demonstrate positive momentum during a widespread market decline, according to DeFiLlama. The exchange’s total monthly net inflow reached $1.79 billion, a 12.4% rise from the previous month, highlighting its resilience and consistent growth amid cautious user behavior across the broader market.
DeFiLlama data also ranks MEXC among the top 3 exchanges for monthly inflows, with $84.25 million recorded in April alone and a total value locked (TVL) of $2.8 billion as of April 9, 2025. This performance reflects MEXC’s growing credibility and ability to attract liquidity despite ongoing market volatility.
|
Exchange |
7-Day Net Inflow |
30-Day Net Inflow |
|
Binance |
+$888 million |
+$3.7 billion |
|
Bybit |
+$564.9 million  |
+$3.2 billion |
|
MEXC |
+$77.5 million |
+$1.79 billion |
|
Kucoin |
−$40 million |
−$893.5 million |
|
HTX |
+$402.1 million |
+$464.9 million |
Net Inflow Trends Across Major CEXs (Source: https://defillama.com/cexs)
MEXC’s standout performance over the past month can be attributed to its strategic focus on trading initiatives and ecosystem development. The key drivers behind this success include the following:
- Strategic Initiatives: Through its “Zero Trading Fee” campaign, MEXC significantly boosted trading volume and user engagement.
- BNB Chain Ecosystem Focus: MEXC’s targeted approach to CZ/BNB-Chain concept tokens, coupled with high returns and trading volumes of popular tokens, further drove user fund inflows.
- Capturing High-Potential Tokens: As the first platform to list CZ/BNB-Chain concept tokens like MUBARAK, MEXC created opportunities for low-cost entry and high returns, drawing significant user capital.
- Launch of DEX+: The launch of DEX+, a hybrid centralized-decentralized trading platform, lowered the barriers to on-chain trading, enhancing MEXC’s appeal to users and boosting fund inflows.
1. Zero Trading Fee Strategy Significantly Boosts Trading Activity
During its March Zero Trading Fee campaign, MEXC introduced trading pairs such as SOL/USDT, HYPE/USDT, and S/USDT, resulting in a 17.8% month-over-month increase in the number of traders and a remarkable 170.2% surge in trading volume. Notably, SOL/USDT saw a 185.62% increase in trading volume, with its average daily trading volume accounting for 19.0% of MEXC’s total futures trading volume – a growth rate of 189.69%—making it the standout pair of the quarter. ADA/USDT recorded the highest growth, with a 369.44% increase in trading volume and a 393.05% rise in its share of MEXC’s daily futures trading volume. Additionally, DOGE/USDT and SUI/USDT saw trading volume increases of 82.87% and 70.84%, respectively.
0 Trading Fee strategy also significantly enhanced MEXC’s market share. Trading pairs such as AIXBT/USDT, DOGE/USDT, and SOL/USDT led market share growth with increases of 331%, 283%, and 209%, respectively. DOGE/USDT and SOL/USDT achieved market shares of 30.5% and 30.3%, respectively, ranking first among the same pairs on CoinMarketCap (CMC), while ADA/USDT secured the second spot with a 20.6% market share. These figures demonstrate that the 0 Trading Fee campaign effectively ignited user trading enthusiasm, driving substantial fund inflows to the platform.
2. Strategic Focus on BNB Chain Ecosystem Fuels Hot Token Trading
The BNB Chain ecosystem has emerged as a new hotspot for on-chain assets over the past month, and MEXC’s strategic focus on this ecosystem has paid off. In March, BNB Chain ecosystem tokens accounted for 50.8% of new token spot trading users, a 30.1% month-over-month increase, while their trading volume share soared to 56.6%, reflecting a 63.5% month-over-month growth. This made the BNB Chain ecosystem a core driver of March’s trading surge.
The top five BNB Chain ecosystem tokens delivered an average return of 3,760%, creating significant profit opportunities for users while fueling a trading frenzy. Star tokens like MUBARAK, BUBB, and TUT led the charge with gains of 10,900%, 4,168%, and 2,000%, respectively, contributing 17%, 4%, and 7% to new token trading volume. MUBARAKAH and BMT also performed strongly, contributing 4% and 3% to trading volume, respectively. The robust trading activity of BNB Chain ecosystem tokens further attracted user fund inflows, injecting fresh momentum into MEXC’s growth.
3. First-Mover Advantage in Token Launches Makes MEXC a Go-To Platform for Low-Cost Entry
MEXC demonstrated industry-leading prowess in launching CZ-concept tokens. On March 14, 2025, at 12:35:00 (UTC+8), MEXC became the first exchange to list MUBARAK, outpacing all other platforms. Within 24 hours of its launch, MUBARAK surged by 1,377.5%, reaching a peak price of $0.22—a staggering 10,900% increase from its listing price. By the close of March 18, MUBARAK’s average daily trading volume had grown by 197% compared to March 15–16, with the number of traders rising by 76% month-over-month, reflecting sustained user enthusiasm.
4. DEX+ Launch Enhances User Experience and Fund Attraction Through Innovation
In March, MEXC introduced DEX+, a hybrid centralized-decentralized trading platform that allows users to engage in decentralized trading without leaving the MEXC app or website, providing access to a wide range of on-chain assets. Currently, DEX+ supports over 15,000 tokens across the Solana and BNB Chain ecosystems, covering a broad spectrum of on-chain assets. This innovative model not only enhances trading convenience but also strengthens MEXC’s appeal to on-chain trading users, further driving fund inflows.
Conclusion
With $1.79 billion in fund inflows over the past month and a 63.9% fund inflow efficiency, MEXC has demonstrated its competitive strength among global cryptocurrency exchanges. Whether through its 0 Trading Fee campaign to boost trading activity, its strategic focus on the BNB Chain ecosystem, its first-mover advantage in launching high-potential tokens, or the innovative launch of DEX+, MEXC has leveraged innovation to drive rapid fund inflows. Looking ahead, as the crypto market continues to evolve, MEXC is well-positioned to attract more global users and solidify its market standing by further enhancing user experience and expanding its market presence.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 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
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Fintech PR
Cognoa Advocates for Expanded Insurance Coverage of Canvas Dx as CDC Reports 1 in 31 Children Now Identified with Autism
Recent CDC data reveals significant regional disparities in autism identification, highlighting the need for standardized, accessible diagnostic approaches nationwide.
PALO ALTO, Calif., April 17, 2025 /PRNewswire/ — In response to yesterday’s Centers for Disease Control and Prevention (CDC) report revealing that autism spectrum disorder now affects 1 in 31 U.S. children, Cognoa is calling for expanded insurance coverage of evidence-based diagnostic tools to address significant nationwide disparities in timely autism identification.
The CDC’s latest data highlights substantial regional variations in autism diagnosis rates, ranging from 1 in 19 children in California to 1 in 103 in Texas, reflecting inconsistent access to evaluation services and underscoring the urgent need for standardized, accessible diagnostic approaches across all communities.
“These new findings confirm what many healthcare providers and families have experienced firsthand – there is an urgent need for equitable access to early, objective autism diagnosis,” said Dr. Sharief Taraman, pediatric neurologist and CEO of Cognoa. “With research consistently showing better outcomes for children who receive timely support, we must work collectively to remove barriers to early identification.”
Addressing Critical Diagnostic Delays
The current diagnostic pathway often requires families to wait months or even years to receive an autism evaluation from specialists. According to clinical data, the average time from initial concern to diagnosis remains approximately three years – a critical developmental window during which evidence-based interventions can have their greatest impact.
Canvas Dx, developed by Cognoa, is the first FDA-authorized diagnostic aid that enables primary care clinicians to deliver an autism evaluation for children ages 18 months to 6 years, potentially reducing wait times from months to days. This technology supports healthcare providers in making more timely diagnostic decisions, helping families access appropriate support services much sooner.
Collaborative Approach to Improving Access
Cognoa encourages multiple stakeholders to take action to help more children access timely diagnosis:
For Healthcare Providers:
- Consider implementing objective diagnostic aids like Canvas Dx to supplement clinical judgment when evaluating children for developmental concerns
- Discuss available diagnostic options with families who express developmental concerns
For Health Insurers:
- Review coverage policies for FDA-authorized diagnostic aids for autism to ensure alignment with clinical best practices
- Consider the downstream cost savings and improved outcomes associated with earlier intervention and support
For Families:
- Discuss developmental concerns promptly with healthcare providers
- Ask about available diagnostic approaches, including technology-enabled tools that may accelerate the evaluation process
For Policymakers:
- Support initiatives that expand access to timely autism identification in underserved communities
- Consider how Autism CARES Act funds might address diagnostic bottlenecks in the healthcare system
“Early identification and appropriate support can significantly improve developmental trajectories for children on the autism spectrum,” said Dr. Taraman. “Several forward-thinking insurers and Medicaid programs have already recognized the value of covering tools like Canvas Dx, and we encourage others to join them in making early, accurate diagnosis accessible to all families.”
About Cognoa
Cognoa is dedicated to transforming pediatric behavioral health through innovative, AI-powered solutions. Canvas Dx is the first FDA-authorized diagnostic aid enabling primary care clinicians to perform earlier, objective autism evaluations for children ages 18 months to 6 years.
Contact:
Emily Delong
Emily.delong@cognoa.com
+1 650-206-9273
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LONDON, April 17, 2025 /PRNewswire/ — Wirex, a global leader in digital payments and Web3 money solutions, has been selected as a finalist for the “Compliance Culture Initiative of the Year” at the International Compliance Association (ICA) Compliance Awards Europe 2025.
Wirex’s nomination is a direct result of its strategic investment in a compliance-first culture, supported by an experienced global compliance team and enterprise-grade risk management systems.
Pavel Matveev, Co-Founder of Wirex, commented: “Wirex was founded on the belief that financial freedom should go hand in hand with regulatory responsibility. To meet this aim, we created a compliance culture designed to meet today’s global standards—and to anticipate tomorrow’s. Being named a finalist is a testament to our team’s dedication to building a resilient and trustworthy financial ecosystem.”
With more than 6 million users worldwide and a suite of regulated digital asset services, Wirex continues to set the benchmark for how fintechs can scale responsibly while maintaining rigorous compliance standards.
Dmitry Lazarichev, Co-Founder of Wirex, added: “A strong compliance culture is foundational to any sustainable fintech business. Wirex is confident that we can grow in a safe and sustainable manner with regulatory foresight and a deep respect for the frameworks that protect consumers and institutions alike.”
Wirex is regulated in multiple jurisdictions including the UK, EU, and APAC regions, and holds licenses from the UK Financial Conduct Authority (FCA), the Monetary Authority of Singapore (MAS), and other respected regulators. The company also upholds industry-leading standards in regulatory compliance including within AML, CTF, Sanctions and fraud detection.
“This nomination validates the comprehensive and strategic work we’ve undertaken to strengthen compliance across Wirex’s global footprint,” said Chet Shah, the Global Chief Risk & Compliance Officer at Wirex. “Rather than treating compliance as a back-office function, we’ve embedded it into the fabric of our business—from executive decision-making to product design. Our initiative empowers teams company-wide to understand and champion compliance, helping us operate ethically while enabling innovation at scale. How we manage Risk and Compliance in Wirex is now a competitive advantage.”
Hosted by the ICA, the annual awards celebrate excellence, collaboration, and innovation in the compliance and financial crime prevention sectors. The judging panel comprises some of the most respected figures in the industry, including:
- Lisa Bennett, Legal Compliance Director, Mastercard
- Caroline Braddock, Civil Ethics and Compliance Officer, Rolls-Royce
- Samer Jannoun, Head of Regional Ethics and Compliance Special Oversight, Meta
- Dane Pedro, Presiding Justice and Magistrate, Ministry of Justice, UK
- Chris Watkins, Head of Compliance & ESG, Renewable Power Capital
- Ben Westwood, Head of Compliance & DPO, Motor Insurers Bureau
Winners will be announced during a gala ceremony at the Park Plaza Westminster in London on 26 June 2025.
About Wirex
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
| wirexapp.com |
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Fintech PR
Digital Oilfield Market is expected to generate a revenue of USD 38.09 Billion by 2031, Globally, at 5.31% CAGR: Verified Market Research®
Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, “Digital Oilfield Market Size and Forecast,” The Digital Oilfield Market is expanding as energy companies accelerate automation and adopt real-time data systems to improve operational efficiency. However, data security concerns, high implementation costs, and lack of skilled personnel continue to challenge broader adoption across the industry.
LEWES, Del., April 17, 2025 /PRNewswire/ — The Global Digital Oilfield Market Size is projected to grow at a CAGR of 5.31% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 25.18 Billion in 2024 and is expected to reach USD 38.09 Billion by the end of the forecast period.
The Digital Oilfield Market is witnessing steady growth driven by increasing demand for smart oilfield solutions, growing investments in IoT infrastructure, and the need for efficient oil recovery methods. The market caters to both upstream and midstream oil & gas segments.
Key Highlights of the Report:
- Market Size & Forecast: In-depth analysis of the global Digital Oilfield Market size, forecasted to grow significantly through 2031.
- Segmentation Analysis: Coverage by Application, Solution, Process, and Region.
- Regional Insights: North America leads due to advanced infrastructure and adoption of digital technologies in oilfields.
- Competitive Landscape: Profiles and strategies of key players like Schlumberger, Halliburton, Weatherford, and Emerson Electric.
- Technology Trends: Exploration of IoT, AI, big data, and cloud integration in oilfield operations.
- Challenges Covered: Analysis of cybersecurity risks, implementation barriers, and workforce gaps.
Why This Report Matters?
This report offers decision-makers a detailed look at technological advancements and challenges in the oil & gas sector. It equips B2B buyers, industry strategists, and investors with actionable insights to drive digital transformation in their operations and improve ROI.
Why You Should Read This Report:
- Oil & Gas Companies looking to digitize their operations
- Energy Sector Investors & VCs targeting tech-led ventures
- IT & Automation Firms offering oilfield solutions
- Market Research Professionals tracking industrial digitization
- Government Agencies & Policy Makers focusing on energy innovation
For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=5739
Browse in-depth TOC on “Global Digital Oilfield Market Size“
202 – Pages
126 – Tables
37 – Figures
Report Scope
|
REPORT ATTRIBUTES |
DETAILS |
|
STUDY PERIOD |
2021-2031 |
|
BASE YEAR |
2024 |
|
FORECAST PERIOD |
2024-2031 |
|
HISTORICAL PERIOD |
2021-2023 |
|
UNIT |
Value in USD Billion |
|
KEY COMPANIES PROFILED |
Weatherford, National Oilwell Varco, Schlumberger, Halliburton, BHGE, ABB, Emerson, Rockwell, Siemens AG, CGG, Kongsberg |
|
SEGMENTS COVERED |
|
|
CUSTOMIZATION SCOPE |
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Global Digital Oilfield Market Overview
Market Driver
Rising Demand for Real-Time Data Analytics: The increasing demand for real-time data in upstream oil and gas operations is driving the adoption of digital oilfields. It facilitates predictive maintenance, minimises non-productive time, and enhances decision-making. As organisations pursue operational excellence and data-driven initiatives, real-time analytics solutions are increasingly vital for optimising performance, efficiency, and return on investment in exploration and production activities.
Increasing Focus on Operational Automation: Oil and gas corporations are emphasising automation to diminish operational expenses, enhance safety, and augment production efficiency. Digital oilfield technologies, like AI-driven drilling, automated processes, and remote asset monitoring, are revolutionising conventional procedures. The push for autonomous operations is driving adoption, particularly in areas with developed oilfields and a strategic emphasis on enhancing energy production economics.
Growing Investment in IoT and Cloud Technologies: The amalgamation of IoT devices, sensors, and cloud platforms is transforming oilfield operations. Intelligent fields today depend on interconnected systems for efficient data acquisition, surveillance, and remote management. These technologies facilitate improved decision-making, reduce downtime, and augment asset visibility. As major oil companies spend substantially in digital transformation, the demand for scalable and interoperable digital oilfield systems is experiencing considerable growth.
To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=5739
Market RestraintHigh Initial Implementation Costs: Implementing digital oilfield solutions necessitates significant initial investment in IT infrastructure, edge computing, and system integration. Smaller operators may encounter financial limitations, hindering timely adoption. The ROI timeline, coupled with market price volatility, complicates cost justification for enterprises, particularly in areas where capital spending is already closely monitored due to variable oil prices and ambiguous energy policy.
Cybersecurity and Data Privacy Concerns: The heightened digitisation of oilfields renders them more vulnerable to cyberattacks, viruses, and data breaches. Operators are focused on safeguarding essential operating data and preserving system integrity across distant assets. A solitary breach can result in significant downtime or production losses. This risk renders firms prudent, frequently postponing or reducing digital transformation initiatives unless supported by strong cybersecurity standards.
Shortage of Skilled Workforce and Technical Expertise: The use of digital oilfield technologies necessitates specialised knowledge in fields such as artificial intelligence, internet of things, big data analytics, and cloud architecture. A significant number of oil-producing regions are experiencing a talent shortage. While hiring from the outside adds additional expenses, training internal personnel requires both time and resources. The restricted availability of qualified individuals slows down implementation, inhibits solutions from being used to their full potential, and presents a challenge to both the expansion of digital capabilities and the scalability of infrastructure over the long run.
Geographical Dominance
The Digital Oilfield Market is dominated by North America due to the region’s advanced oilfield infrastructure, early acceptance of technology, and significant investments in automation and analytics. The shale boom in the United States and the growing emphasis on improving production efficiency have both contributed to the acceleration of digital integration, which has positioned the region as a centre for innovation. These leading energy companies and technology providers further reinforce North America’s leadership position in the oil and gas industry by pushing digital transformation across the industry.
Key Players
The “Global Digital Oilfield Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Weatherford, National Oilwell Varco, Schlumberger, Halliburton, BHGE, ABB, Emerson, Rockwell, Siemens AG, CGG, Kongsberg.
Digital Oilfield Market Segment Analysis
Based on the research, Verified Market Research has segmented the global market into Application, Solution, Process and Geography.
• Digital Oilfield Market, by Application
o Onshore
o Offshore
• Digital Oilfield Market, by Solution
o Hardware Solution
o Software & Service Solutions
o Data Storage Solutions
• Digital Oilfield Market, by Process
o Safety Management
o Reservoir Optimization
o Production Optimization
o Drilling Optimization
• Digital Oilfield Market, by Geography
o North America
§ U.S
§ Canada
§ Mexico
o Europe
§ Germany
§ France
§ U.K
§ Rest of Europe
o Asia Pacific
§ China
§ Japan
§ India
§ Rest of Asia Pacific
o ROW
§ Middle East & Africa
§ Latin America
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Global Oil and Gas Software Market Size By Software Type (Exploration and Production (E&P) Software, Field Development Software, Production Software, Reservoir Management Software, Drilling and Well Construction Software, Asset Integrity Software, Pipeline Management Software, Supply Chain Management (SCM) Software, Geographic Information System (GIS) Software), By Deployment Model (On-Premises, Cloud-based, Hybrid), By End User (Oil Companies, Gas Companies, Oilfield Services Companies, Engineering, Procurement, and Construction (EPC) Companies), By Geography, And Forecast
Top 7 Oil And Gas EPC Companies leading energy projects
Visualize Digital Oilfield Market using Verified Market Intelligence -:
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