<div style="font-size:13px"><div><span style="color:#000000;font-size:14px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'">The listing of </span></span><span style="color:#000000;font-size:13px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'">Liora</span></span><span style="color:#000000;font-size:14px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'"> (</span></span><span style="color:#000000;font-size:13px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'">LIORA</span></span><span style="color:#000000;font-size:14px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'">)</span></span><span style="color:rgb( 0 , 0 , 0 );font-size:14px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'"> on MEXC Spot has been postponed. We will announce the new listing time once confirmed.</span></span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:14px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'"><strong style="font-weight:bolder">Please note: </strong>The current deposit and withdrawal timelines remain unchanged. We'll update you with any changes as soon as possible.</span></span></div><div><br /></div><div><span style="color:rgb( 0 , 0 , 0 );font-size:14px"><span style="font-family:'monospacednumber' , 'larkhacksafarifont' , 'larkemojifont' , 'larkchinesequote' , '-apple-system' , 'blinkmacsystemfont' , 'helvetica neue' , 'tahoma' , 'pingfang sc' , 'microsoft yahei' , 'arial' , 'hiragino sans gb' , sans-serif , 'apple color emoji' , 'segoe ui emoji' , 'segoe ui symbol' , 'noto color emoji'">We apologize for any inconvenience caused and appreciate your understanding, and continued support.</span></span></div></div>
<div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">The settlement for DePHY Network (PHY) pre-market trading is about to begin. Please ensure your Spot account holds sufficient PHY tokens to fulfill all pending settlement orders within the specified time. Failure to meet the delivery requirements on time will result in the loss of your entire collateral.</span></span></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;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( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Key Timeline:</strong></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Pre-Market Trading Ends on: Jul 26, 2025, 07:00 (UTC)</span></span></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Spot Trading Starts on: TBD</span></span></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Pre-Market Trading Settlement Starts on: Jul 26, 2025, 11:00 (UTC)</span></span></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h3 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:18px;font-style:normal;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgba( 255 , 246 , 122 , 0.8 )"><span style="font-family:inherit !important"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">About DePHY Network (PHY)</strong></span></span></h3><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">DePHY is an all-in-one DePIN framework to drastically decrease the cost and timeframe associated with DePIN project development. DePHY provides open source hardware solutions, decentralised messaging layer, and automatic tokenomics execution for all DePIN projects.</span></span><br /><br /></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">Total Supply: 1,000,000,000 PHY</strong></span></span><br /><a href="https://dephy.io/"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important" dir="ltr">Official Website</span></span></a><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important" dir="ltr"> | </span></span><a href="https://x.com/dephynetwork"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important" dir="ltr">X (Twitter)</span></span></a><br /><br /></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h3 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:18px;font-style:normal;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">More About MEXC Pre-Market Trading</strong></h3><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h4 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:16px;font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">What is Pre-Market Trading?</strong></h4><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Pre-Market Trading is an over-the-counter (OTC) service offered by MEXC that allows users to buy and sell new tokens before they are officially listed on the exchange. This service lets traders set preferred prices and find matching trades, providing an opportunity to trade at favorable prices before the public launch. By participating in MEXC Pre-Market Trading, users can gain a competitive edge before the tokens are officially issued. Staying informed about the trading process and requirements is essential to maximize your chances of success in these trades.</span></span></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h4 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:16px;font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">What are the advantages of Pre-Market Trading?</strong></h4><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">MEXC Pre-Market Trading provides investors with a way to seize market opportunities before a new token’s official issuance. Compared to post-listing trades, investors have the potential to acquire popular tokens on more favorable terms, potentially gaining a competitive advantage.</span></span></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h4 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:16px;font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Trading Rules</strong></h4><ul style="list-style-type:disc;background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;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"><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">In MEXC Pre-Market Trading, users can buy or sell tokens before they are officially listed.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Traders can act as a <strong style="font-family:inherit !important;font-weight:bolder">Maker</strong> by placing orders at preset prices, or a <strong style="font-family:inherit !important;font-weight:bolder">Taker</strong> by matching existing orders on the platform.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Both buyers and sellers must collateralize their assets on MEXC to ensure timely settlements.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Upon successful settlement by the seller, the collateral will be returned after settlement. For the buyer, upon successful settlement, the collateral will be used as payment for the settlement.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Pre-Market Trading currently takes place within MEXC’s Spot accounts.</span></span></div></li></ul><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h4 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:16px;font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Buyer & Seller</strong></h4><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div style="font-family:inherit !important;max-width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;font-family:inherit !important;table-layout:fixed"><colgroup style="font-family:inherit !important"><col style="font-family:inherit !important;width:100px" width="100" /><col style="font-family:inherit !important;width:681px" width="681" /></colgroup><tbody style="font-family:inherit !important"><tr style="font-family:inherit !important;height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Buyer</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><ol style="list-style-type:decimal;font-family:inherit !important;margin-top:0px;margin-bottom:1em"><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">When buyers place an order, the collateral and trading fees will be frozen, and they will only be deducted at the time of settlement.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">If the settlement is successful, both the collateral and trading fees will be deducted. If the settlement fails, the fees will still be deducted, but the collateral will be unfrozen, and the buyer will receive the seller's collateral as compensation.</span></span></div></li></ol></td></tr><tr style="font-family:inherit !important;height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Seller</strong></div><div style="font-family:inherit !important"><br /></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><ol style="list-style-type:decimal;font-family:inherit !important;margin-top:0px;margin-bottom:1em"><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">When sellers place an order, the collateral and trading fees will be frozen, and they will only be deducted at the time of settlement.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Sellers must ensure there are sufficient tokens in their Spot Account at the time of settlement.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">After the successful delivery of tokens, payment will be received in the Spot Account. If the settlement fails, the seller forfeits all collateral, with a portion collected by the platform as a handling fee and the remaining portion provided to the counterparty as compensation. Currently, MEXC does not charge any fees; all collateral will be compensated to the buyer.</span></span></div></li></ol></td></tr></tbody></table></div></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h4 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:16px;font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Terminology</strong></h4><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div style="font-family:inherit !important;max-width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;font-family:inherit !important;table-layout:fixed"><colgroup style="font-family:inherit !important"><col style="font-family:inherit !important;width:100px" width="100" /><col style="font-family:inherit !important;width:674px" width="674" /></colgroup><tbody style="font-family:inherit !important"><tr style="font-family:inherit !important;height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Settlement Time</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">The seller will transfer the full amount of tokens agreed upon in the Pre-Market Trading to the buyer at the specified settlement time. Please refer to the token information section on the Pre-Market Trading page for more details.</span></span></div></td></tr><tr style="font-family:inherit !important;height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Collateral Rate</strong></div><div style="font-family:inherit !important"><br /></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">The collateral rate represents the percentage of the order value that must be held as collateral. Failure to complete the settlement within the specified time may result in the loss of collateral. For specific pledge rates, please refer to the token information section on the MEXC Pre-Market Trading page.</span></span></div></td></tr><tr style="font-family:inherit !important;height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">Trading</strong> <strong style="font-family:inherit !important;font-weight:bolder">Fee Rate</strong></span></span></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">The trading fee rate is a specified percentage based on the transaction value and varies depending on the tokens being traded. For specific fee rates, please refer to the token information section on the Pre-Market Trading page.</span></span></div></td></tr><tr style="font-family:inherit !important;height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Pre-Market Trading Frozen Amount</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><ul style="list-style-type:disc;font-family:inherit !important;list-style:disc;margin-top:0px;margin-bottom:1em"><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Buyer Frozen Amount = Order Value</span></span></div></li><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Seller Frozen Amount = Order Value x Collateral Rate (Z%).</span></span></div></li></ul><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">For example, if Z% = 100%, then the frozen amount for buying or selling 1,000 USDT in Pre-Market Trading would be 1,000 USDT x 100%, equaling 1,000 USDT.</span></span></div></td></tr><tr style="font-family:inherit !important;height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Overdue Settlement Fee</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:50px;padding:8px;font-family:inherit !important;font-size:10pt;height:20px;vertical-align:top" colspan="1" rowspan="1"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">If the seller fails to complete the settlement within the specified time, the platform will deduct a portion of the seller's collateral as a handling fee, with the remainder given to the buyer as compensation. Currently, MEXC does not charge any handling fees; all collateral is compensated to the buyer.</span></span></div></td></tr></tbody></table></div></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h4 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:16px;font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Pre-Market Trading Fee Structure</strong></h4><ul style="list-style-type:disc;background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;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"><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">Trading</strong> <strong style="font-family:inherit !important;font-weight:bolder">Fees:</strong> Typically, a specific percentage of the total transaction amount is charged as a fee. However, MEXC is currently offering zero trading fees for Pre-Market Trading.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">Other Fees:</strong> Generally, if the seller fails to complete the settlement within the specified time, the platform will deduct a portion of the seller's collateral as a handling fee, with the remainder given to the buyer as compensation. Currently, MEXC does not charge any handling fees; all collateral is returned to the buyer as compensation.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">Unexecuted Orders</strong>: No fees are charged for unexecuted orders. Please note that the fee structure for Pre-Market Trading differs from that of other trading markets on MEXC.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit;text-align:left"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">For specific fee details, please refer to the corresponding token information on the MEXC Pre-Market Trading page.</span></span></div></li></ul><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></div><h4 style="background-color:rgb( 255 , 255 , 255 );color:rgb( 13 , 14 , 15 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:16px;font-style:normal;font-weight:500;letter-spacing:normal;margin-top:0px;margin-bottom:0.5em;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="background-color:rgb( 255 , 255 , 255 );font-family:inherit !important;font-weight:bolder">Disclaimer</strong></h4><ul style="list-style-type:disc;background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;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"><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">The mechanism for certain products in the Pre-Market Trading session differs from that of the standard settlement market. Please ensure you thoroughly understand the mechanisms and risks associated with Pre-Market Trading products in advance.</span></span></div></li><li style="font-family:inherit !important;list-style:inherit"><div style="font-family:inherit !important"><span style="background-color:rgb( 255 , 255 , 255 )"><span style="font-family:inherit !important">Please note that Pre-Market Trading may involve various risks, including limited liquidity, wide bid-ask spreads, and price uncertainty.</span></span></div></li></ul>
<div><div class="ace-line ace-line old-record-id-AhUCdT5h1oKUR0xpP8cupa9Ts1M">To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch AAPL, AMZN, GOOGL, META and MCD USDT-M<strong> </strong>Stock Futures on the Futures market, offering you a more flexible and efficient way to engage with the most popular U.S. stock markets.</div><div class="ace-line ace-line old-record-id-LWSddVq5po8oTux6EHmuO5fesBg"><br /></div><div class="ace-line ace-line old-record-id-TdtzdpXNro8J4RxGX5puBVPTsSg"><strong>Futures Trading Details</strong></div><div class=" old-record-id-KO82dr0Exo1pZtxJVLku4LkTs0f"><table style="border-collapse:collapse"><colgroup><col width="122" /><col width="203" /><col width="120" /><col width="120" /></colgroup><tbody><tr height="63"><td style="color:rgb( 0 , 0 , 0 );font-weight:bold;text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">Stock Futures</td><td style="color:rgb( 0 , 0 , 0 );font-weight:bold;text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">Listing Time（UTC）<br />*Trading hours synchronized with the U.S. stock market</td><td style="color:rgb( 0 , 0 , 0 );font-weight:bold;text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">Leverage</td><td style="color:rgb( 0 , 0 , 0 );font-weight:bold;text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">Margin Mode</td></tr><tr height="44"><td style="color:rgb( 31 , 35 , 41 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )"><a href="https://www.mexc.com/futures/AAPLSTOCK_USDT">AAPLUSDT</a></td><td rowspan="3" style="color:rgb( 0 , 0 , 0 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">Jul 25, 2025, 13:45</td><td rowspan="5" style="color:rgb( 0 , 0 , 0 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">5x</td><td rowspan="5" style="color:rgb( 0 , 0 , 0 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">Isolated</td></tr><tr height="44"><td style="color:rgb( 31 , 35 , 41 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )"><a href="https://www.mexc.com/futures/AMZNSTOCK_USDT">AMZNUSDT</a></td></tr><tr height="44"><td style="color:rgb( 31 , 35 , 41 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )"><a href="https://www.mexc.com/futures/GOOGLSTOCK_USDT">GOOGLUSDT</a></td></tr><tr height="44"><td style="color:rgb( 31 , 35 , 41 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )"><a href="https://www.mexc.com/futures/METASTOCK_USDT">METAUSDT</a></td><td rowspan="2" style="color:rgb( 0 , 0 , 0 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )">Jul 25, 2025, 14:00</td></tr><tr height="45"><td style="color:rgb( 31 , 35 , 41 );text-align:center;word-wrap:break-word;border-top:0.5pt solid rgb( 31 , 35 , 41 );border-right:0.5pt solid rgb( 31 , 35 , 41 );border-bottom:0.5pt solid rgb( 31 , 35 , 41 );border-left:0.5pt solid rgb( 31 , 35 , 41 )"><a href="https://www.mexc.com/futures/MCDSTOCK_USDT">MCDUSDT</a></td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-YnTHdcSeEovVCdxGOyguR1HesHf"><br /></div><div class="ace-line ace-line old-record-id-Jdsod13gPo46qwxYsPWuqexCsRe">📌 Please update your MEXC App to version 6.17.0 or higher to access Stock Futures.</div><div class="ace-line ace-line old-record-id-WWlodECuEoXhS6xtXlnuuyKms6f"><br /></div><div class="ace-line ace-line old-record-id-V1brdU9enoefRhxJiMVuJQTqsHQ"><strong>Related Articles:</strong></div><div class="ace-line ace-line old-record-id-UloJdvWApoI4hMx0eBAubRnNsDb"><a href="https://www.mexc.com/learn/article/how-to-trade-stock-futures-on-mexc/1">How to Trade Stock Futures on MEXC</a></div><div class="ace-line ace-line old-record-id-D62Zda34foDTH9xUK0ku7a6Isvg"><br /></div><div class="ace-line ace-line old-record-id-W4SwdIoekoZWvYxmqleuRMkJsDd"><strong>🎉 Limited-Time Offer: Enjoy 0 Trading Fees</strong></div><div class="ace-line ace-line old-record-id-Cn0Rd9qlUoenIixpbgsu61pUs4c">Enjoy 0 trading fees on the Stock Futures for a limited time!</div><div class="ace-line ace-line old-record-id-JhKZdcmNoooTOfxvlbluHyaWs76"><span style="color:rgb( 36 , 91 , 219 )">👉</span><span style="color:rgb( 36 , 91 , 219 )"><a href="https://www.mexc.com/futures/AAPLSTOCK_USDT">Trade Stock Futures with 0 Fees Now</a></span></div><div class="ace-line ace-line old-record-id-ZgfPdozD1oYoPKxIVe8uOxbismc"><br /></div><div class="ace-line ace-line old-record-id-BJZ7dBLNAowRkUxMgwquRRQLsTb"><strong>Important Notes</strong></div><ol start="1" class="list-number1"><li class="ace-line ace-line old-record-id-JTBTd4I0aoA6CIxlVJIuZ43asRf"><div>Please pay close attention to U.S. market hours and holidays. Trading will be unavailable during market closures or public holidays.</div></li><li class="ace-line ace-line old-record-id-MDCDdnKZCoSkRhxaZhsuatz3sgg"><div>No funding fees will be charged on Stock Futures.</div></li><li class="ace-line ace-line old-record-id-MtWWd9w1FoUhRlxCedcuAwkdsmh"><div>At market open, there may be a significant price gap between the previous close and the current open—please manage overnight positions carefully.</div></li><li class="ace-line ace-line old-record-id-CIazdGrejoSaAuxpOl6u9r1bs4d"><div>Corporate actions (e.g., dividends, stock splits, reverse splits) may cause sharp price movements. In such cases, we will execute early settlement to close all positions, followed by a relaunch of trading for that stock.</div></li><li class="ace-line ace-line old-record-id-MDwyd3NMEoE1E5xQFmtuux84scb"><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 href="https://www.mexc.com/terms">User Agreement</a> for full details.</div></li><li class="ace-line ace-line old-record-id-BUUMdLRhhoXdpQxhrNdupTrXsUe"><div>MEXC reserves the right to adjust the list of supported regions at any time based on its operational and compliance considerations.</div></li></ol></div>
<div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">MEXC will list DePHY Network (PHY) in the Innovation Zone and open trading for the PHY/USDT trading pair. Additionally, this token will soon be available on MEXC Convert, allowing users to seamlessly exchange it with other assets instantly. The specific timeline is shown below.</div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"> </div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="font-family:inherit !important;font-weight:bolder">DePHY Network (PHY) Listing Timeline</strong><br /></div><p style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;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"> </p><ul style="list-style-type:disc;background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;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"><li style="font-family:inherit !important;list-style:inherit"><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://www.mexc.com/assets/deposit/PHY"><strong style="font-family:inherit !important;font-weight:bolder">Deposit</strong></a><strong style="font-family:inherit !important;font-weight:bolder">:</strong> Opened</li><li style="font-family:inherit !important;list-style:inherit"><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://www.mexc.com/exchange/PHY_USDT"><span style="color:rgb( 36 , 91 , 219 )"><span style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">PHY/USDT</strong></span></span></a><strong style="font-family:inherit !important;font-weight:bolder"> Trading in Innovation Zone:</strong> Jul 26, 2025, 08:00 (UTC)</li><li style="font-family:inherit !important;list-style:inherit"><strong style="font-family:inherit !important;font-weight:bolder">Withdrawal:</strong> Jul 27, 2025, 08:00 (UTC)</li><li style="font-family:inherit !important;list-style:inherit"><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://www.mexc.com/convert"><strong style="font-family:inherit !important;font-weight:bolder">Convert</strong></a><strong style="font-family:inherit !important;font-weight:bolder">: </strong><span style="font-family:inherit !important">Jul 26, 2025, 09:00 (UTC)</span><br /></li></ul><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><p><br /></p><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">Enjoy zero-fee, instant conversions with fixed rates and no slippage using MEXC Convert — easily convert tokens without order matching. For more details on key features and a quick guide, check out <a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://www.mexc.com/learn/article/17827791520889"><strong style="font-family:inherit !important;font-weight:bolder">What Is MEXC Convert</strong></a><strong style="font-family:inherit !important;font-weight:bolder">.</strong></div><p><br /></p></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><span style="color:rgb( 216 , 57 , 49 )"><span style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">Note: Prices may fluctuate greatly for projects listed in the Innovation Zone. Please be cautious of the risks.</strong></span></span></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"> </div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div style="font-family:inherit !important"><strong style="font-family:inherit !important;font-weight:bolder">About DePHY Network (PHY)</strong></div><div style="font-family:inherit !important">DePHY is building the decentralized infrastructure backbone for AI and DePIN networks. We began by helping launch and scale DePIN networks - codeveloping & manufacturing DePIN hardware, connecting it on-chain using DePHY’s Messaging Layer, and unlocking new liquidity through tokenizing mining rewards. Now we are expanding our foundation to power the world’s first decentralized MCP service mesh, enabling AIs (LLMs) to fetch out-source data, real-world data, and interact with physical infrastructure.</div><div style="font-family:inherit !important">Total Supply: 1,000,000,000 PHY<br /></div><p style="font-family:inherit !important;margin-top:0px;margin-bottom:1em"><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://dephy.io/"><span style="font-family:inherit !important" dir="ltr">Official Website</span></a><span style="font-family:inherit !important" dir="ltr"> | </span><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://solscan.io/token/DEpHYkW6nEm3Sxhb2rwftatrSAV3AP3ac6MgAWBbnsS8"><span style="font-family:inherit !important" dir="ltr">Contract Address</span></a><span style="font-family:inherit !important" dir="ltr"> | </span><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://x.com/dephynetwork"><span style="font-family:inherit !important" dir="ltr">X (Twitter)</span></a><span style="font-family:inherit !important" dir="ltr"> | </span><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://t.me/DePHYGroup"><span style="font-family:inherit !important" dir="ltr">Telegram</span></a><span style="font-family:inherit !important" dir="ltr"> | </span><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );font-family:inherit !important;outline:none;text-decoration:none" href="https://drive.google.com/file/d/189CMfdklfHPFiVZA5Pa411ySSiGmKmaA/view"><span style="font-family:inherit !important" dir="ltr">Whitepaper</span></a></p><p><br /></p></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"> </div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><strong style="font-family:inherit !important;font-weight:bolder">Risk Disclosure</strong></div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">Blockchain startup projects may carry significant risks in terms of operation, underlying technology, and regulatory environment. Participation in these projects requires advanced technical and financial knowledge to fully comprehend the inherent risks, including potential price volatility resulting from any token listings. Before making any investment decision, we recommend conducting thorough due diligence and consulting professional advisors.</div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">The price of digital assets associated with blockchain projects is highly volatile and may fluctuate due to various factors, potentially leading to significant or even total losses. Additionally, due to issues like underlying technology or hacking attacks, you may face risks of not being able to fully or partially withdraw your digital assets.</div><div style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-family:'-apple-system' , 'segoe ui' , 'roboto' , 'helvetica neue' , 'helvetica' , sans-serif , 'system-ui';font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">Please carefully assess the risks and make decisions based on your risk tolerance. MEXC does not provide guarantees or compensation for your investment losses.</div>
<div>We are delighted to announce that <strong style="font-weight:bolder">SPONUSDT</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.</div><div> </div><div>Details are as follows:</div><div><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:149px" width="149" /><col style="width:198px" width="198" /><col style="width:115px" width="115" /><col style="width:134px" width="134" /></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">Contract</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">Launch Time (UTC)</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">Leverage</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">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;vertical-align:top" colspan="1" rowspan="1"><div>SPONUSDT</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">Jul 29, 2025, 09:10 (UTC)</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">1-50x</div><div style="text-align:center">Adjustable</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">Cross margin</div><div style="text-align:center">Isolated margin</div></td></tr></tbody></table></div><div><br /></div><div> </div><div><strong style="font-weight:bolder">About Spheron Network (SPON)</strong></div><p><br /><a href="https://spheron.network/"><span dir="ltr">Official Website</span></a><span dir="ltr"> | </span><a href="https://basescan.org/address/0x080D43c2164AFdBc3712422CE78Ab902ccaB5CA1"><span dir="ltr">Contract Address</span></a><span dir="ltr"> | </span><a href="https://x.com/spheronfdn"><span dir="ltr">X (Twitter)</span></a><span dir="ltr"> | </span><a href="https://t.me/Spheron"><span dir="ltr">Telegram</span></a><br /></p><div> </div><div> </div><div>Thank you for trading with MEXC Futures!</div>