<figure><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260828124233863iZ1f0SzrqwRgIm.jpg" width="1456" height="720" /></figure><p style="margin:0px"><br /></p><p style="margin:0px">One wallet spent $320,000 on Tuesday morning. Fourteen minutes later, $36 million of other people's positions had closed out on <a target="_blank" href="https://www.mexc.com/futures/MORPHO_USDT" rel="noopener noreferrer">Morpho</a>. For every dollar that wallet moved, roughly $114 of someone else's trade disappeared.</p><p style="margin:0px"><br /></p><p style="margin:0px">The asset underneath, <a target="_blank" href="https://www.mexc.com/futures/PENDLE_USDT" rel="noopener noreferrer">Pendle</a>'s PT-reUSD, fell 2.8%. The traders who got liquidated weren't wrong about it: it's trading fine today. What ended them was 2.95%, the room they had left themselves to be wrong.</p><p style="margin:0px"><br /></p><p style="margin:0px">If you run leverage anywhere, that number has a version on your own book.</p><p style="margin:0px"><br /></p><h2>The Main Character: Nine Turns, Three Percent of Room</h2><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">The Story</strong> : Third time in ten months. <a target="_blank" href="https://www.mexc.com/exchange/STREAM_USDT" rel="noopener noreferrer">Stream</a> in November, <a target="_blank" href="https://www.mexc.com/futures/AAVE_USDT" rel="noopener noreferrer">Aave</a> in March, Pendle on Tuesday. Each time the protocols handled it better than the time before. Each time, the liquidation bill still ran to eight figures.</p><p style="margin:0px"><br /></p><p style="margin:0px">Tuesday's version: PT-reUSD fell 2.8%, and thirty-three liquidations closed $36.14 million of debt on Morpho between 04:37 and 04:51 UTC. Lenders were paid in full. No bad debt. reUSD, the asset underneath all of it, is still fine today.</p><p style="margin:0px">Here's the trade. Pendle takes a yield-bearing asset and cuts it in two: a principal token (PT), redeemable for a dollar at a fixed date, and a yield token (YT), which collects the interest until then. Traders deposited PT-reUSD on Morpho, borrowed USDC against it, bought more PT-reUSD, repeated. Nine turns. Each one raised the yield.</p><p style="margin:0px"><br /></p><p style="margin:0px">And notice what they chose to do it on. A PT token has a fixed redemption value and a fixed maturity. It is engineered to sit still. Which is exactly why nine turns of leverage felt like the careful trade.</p><p style="margin:0px"><br /></p><p style="margin:0px"></p><figure><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260828124552880LrpEoLUjEWhOrK.png" width="1408" height="834" /></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">The Trigger</strong> : $320,000. Eleven trades. Under nine minutes.</p><p style="margin:0px">The wallet bought YT-reUSD, pushing implied yields from around 11% toward 20%. PT and YT come from the same asset, so when one side rises the other has to fall. PT-reUSD dropped.</p><p style="margin:0px">Morpho priced that collateral off an oracle taking the lower of two inputs, one of them a 15-minute average. The Pendle pool held under $9 million of liquidity. Eleven trades in nine minutes is enough to move a 15-minute average in a pool that thin. The liquidation engine did the rest.</p><p style="margin:0px">What the wallet made, if anything, and whether it was deliberate, is still being investigated. For this story it doesn't matter. The positions were built to be ended by any 3% move; this one just had an author.</p><p style="margin:0px">Now compare the other two. Last November, Stream Finance's vaults priced xUSD collateral at a hardcoded $1. When the real price fell, the liquidation machinery never fired: roughly $93 million in losses, about $285 million of debt exposure across protocols. In March, Aave's risk oracle glitched the other way, undervaluing wstETH by 2.85% and liquidating $27 million of positions that were actually healthy. The DAO reimbursed every affected user.</p><p style="margin:0px">Stream's oracle was blind. Tuesday's saw every trade. Read that again, because it's the whole story: the fix for the first problem is what made the second one possible. And the refunds tell you the rest: Aave's users were repaid because the system broke. Tuesday's traders get nothing, because it didn't.</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">The Stakes</strong> :</p><p style="margin:0px"><strong style="font-weight:bolder">The arithmetic is the argument</strong>. That market liquidates positions once debt reaches 91.5% of collateral value, per its Morpho parameters. Pendle's own post-mortem says the positions that got hit had less than 3% of price room left (a health factor below 1.03). At that boundary, a looped position is carrying roughly 8.9x exposure per dollar of equity, and the exact move that ends it is 2.95%. Nine turns of leverage, three percent of room, on an asset built not to move. Every extra loop bought a little more yield and handed back a little more control, until the position stopped being a view on reUSD and became a bet that nothing would happen until December.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">You've probably run this trade without calling it looping</strong>. Looping means your collateral and your exposure are the same asset. It falls, you lose on the position and your margin shrinks at the same time. Two hits, one move. Ever held a long coin-margined futures position? Your margin is the asset. Your position is the asset. Cross-margin across correlated alts does a gentler version of the same thing. And the price that ends you isn't the last trade: on a perp you're liquidated off mark price, calculated from an index across venues. Same architecture as an oracle. Centralised venues settled this argument years ago, after early crypto futures liquidated off last price and cascaded. DeFi is having it now.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Leverage isn't the variable. Buffer is.</strong> Across three incidents the protocols improved every single time. Oracles got sharper, liquidation engines got faster, bad debt went to zero. The one thing that hasn't improved is how much room users leave themselves. Same asset, same 2.8% move, at 3x with 30% of buffer: nothing happens at all. Which is the good news, because buffer is the part you set.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">So three things worth calculating this week.</strong></p><p style="margin:0px"><br /></p><p style="margin:0px">How far can price move before you're out? Not roughly. The number. If you don't know it to one decimal, you don't know your position.</p><p style="margin:0px"><br /></p><p style="margin:0px">What sets that price? Look up how mark price is calculated on the venue you're using, and how deep the markets feeding it are. On BTC and ETH, deep. On a small-cap perp at 25x, sometimes thinner than the position sitting on top of it. Tuesday's entire story fits inside this question: a pool holding under $9 million was pricing $67.5 million of collateral. With deep liquidity, eleven trades move nothing.</p><p style="margin:0px"><br /></p><p style="margin:0px">What happens at 3%, 5% and 10% down? Move your current book against you at those three levels. If 3% ends you, you don't have a trade. You have a countdown.These traders ran the order backwards: picked a yield target, let it eat the room. Decide what move you need to survive, then let that number set your size.</p><p style="margin:0px"><br /></p><p style="margin:0px">Timing matters here. Crypto just ran 23% in a week, and unusually, leverage didn't drive it: open interest fell to a five-month low as shorts covered and spot demand did the lifting. Which means whatever leverage goes on now goes on late, at prices a fifth higher than a fortnight ago. If that's you, this math is worth running before the position, not after: not when the market moves against you, but while it's moving your way.Those traders weren't wrong about reUSD. They were wrong about how much room they had left. And 2.8% isn't a crash.It's a Tuesday.</p><p style="margin:0px"><br /></p><h2>Quick Hits</h2><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/NVIDIA_USDT" rel="noopener noreferrer"><strong style="font-weight:bolder">Nvidia</strong></a> deflated the bubble fear. For now. The setup did the work: the Philadelphia Semiconductor Index (SOX) had fallen roughly 20% from its June peak, according to Reuters, and this earnings report was the test. For four straight quarters, Nvidia beat expectations and still fell the next day. On the fifth: revenue of $96.2B against $92.3B expected, up 106% year on year; guidance of $108B for the next quarter, ahead of consensus; and shares up 8.7%, adding roughly $442B in market value in a day. The difference wasn't just the beat. It was the outlook: the AI spending cycle still has room to run. Beating expectations gets sold; beating fear gets bought.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">The trade nobody was in.</strong> While chips rolled over, healthcare broke out: since semiconductors peaked on June 22, <a target="_blank" href="https://www.mexc.com/futures/IBB_USDT" rel="noopener noreferrer">biotech ETF IBB</a> is up more than 20% and has cleared a ceiling near $178 that capped it for five years, with <a target="_blank" href="https://www.mexc.com/futures/XLV_USDT" rel="noopener noreferrer">XLV</a> notching its biggest single-day gain in over a year along the way. The flows are the tell: healthcare ETFs bled more than $20 billion from 2023 through 2025 and have taken back only about $4.5 billion this year. The price has moved. The money mostly hasn't.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">The 23% rally that leverage sat out. </strong><a target="_blank" href="https://www.mexc.com/exchange/BTC_USDT" rel="noopener noreferrer"><strong style="font-weight:bolder">BTC</strong></a></p><p style="margin:0px">ran from around $62,000 to near $80,000 in a week and is still holding the level, yet futures open interest fell to a five-month low during the move: short covering and spot demand did the lifting, not fresh longs. The detail that belongs in this issue: crypto-margined open interest, where the margin is the coin itself, hit a record low during the run, with cash collateral dominating. The market has spent months unwinding exactly the structure that blew up on Morpho: collateral and exposure being the same asset</p><p style="margin:0px"><br /></p><h2>New & Noteworthy</h2><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/announcements/article/first-in-market-17827791537838" rel="noopener noreferrer">Shein</a> lists the way it sells: at a discount. The Hong Kong listing finally lands Sept 1: 280 million shares at HK$47.6 to HK$49.5, with final pricing set at HK$48.56. The valuation comes in near $26.5 billion, about 70% below the $98.2 billion peak of 2022, after revenue growth all but stalled and Q1 swung to a $99 million loss once the US scrapped its duty exemption on small packages. Four years of waiting, three-quarters of the valuation gone. Trade it on MEXC Pre-IPO before the opening bell decides who was right.</p><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/announcements/article/first-in-market-17827791537769" rel="noopener noreferrer">DGrid AI</a>, judged on revenue rather than narrative. Genesis, DGAI's premium program, has pulled in $20 million in six months from 13,000+ paying users (about $1,580 each), with 500,000 monthly actives behind them. The supply side is the catch: 8% of the token supply is allocated to the airdrop, reportedly fully unlocked at TGE. Real revenue, but also real supply to absorb. Both are unusual enough in AI tokens to be worth noting.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Get Early Access]{https://www.mexc.com/announcements/new-listings}</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><h2>Stay Updated</h2><p style="margin:0px">Follow us on Telegram to be notified whenever a new digest drops.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Follow MEXC on Telegram]{https://t.me/MEXC_OfficialAnnouncements}</p><p style="margin:0px"><br /></p><h2>Translation</h2><p style="margin:0px"><br /></p><p style="margin:0px">"Now, compute is revenue."</p><p style="margin:0px">Jensen Huang, Nvidia earnings release, this week.</p><p style="margin:0px"><br /></p><p style="margin:0px">Four words carrying a five-trillion-dollar market cap.</p><p style="margin:0px"><br /></p><p style="margin:0px">For two years the bear case has been that AI infrastructure is a cost, a giant capex bill waiting for a return. Huang's reframe says the machines already pay for themselves: the tokens they produce get sold, so buying compute is buying revenue. Note who's talking, though. For Nvidia, compute has always been revenue; it's the thing they sell. For the buyers, compute is a bet on revenue until the invoices prove it. The gap between those two readings is where the whole AI debate now lives.</p><p style="margin:0px"><br /></p><h2>Before You Go</h2><p style="margin:0px"><br /></p><p style="margin:0px">MEXC Win: Infinity Arena is live. The Futures team tournament runs through Sep 15, with a prize pool that starts at 1,000,000 USDT and grows to 10,000,000 USDT once participation passes 300,000. Team PNL and solo leaderboards, and a daily lucky spin.</p><p style="margin:0px"><br /></p><p style="margin:0px">[Join Now]{https://www.mexc.com/announcements/article/mexc-win-17827791537714}</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><p style="margin:0px">Not financial advice. We describe, you decide.</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p>

<div>We are pleased to announce that FONEUSDT 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><p><br /></p><h2>FONEUSDT Listing Details</h2><div style="margin-left:0pt"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><colgroup><col style="width:132px" width="132" /><col style="width:210px" width="210" /><col style="width:120px" width="120" /><col style="width:134px" width="134" /></colgroup><thead><tr style="height:0pt"><th style="text-align:left;background-color:#ffffff;font-weight:700;border:1pt solid #000000;min-width:2em;padding:0.4em" scope="col"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><strong style="font-weight:bolder"> Futures</strong></p></th><th style="text-align:left;background-color:#ffffff;font-weight:700;border:1pt solid #000000;min-width:2em;padding:0.4em" scope="col"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt"><strong style="font-weight:bolder">Launch Time</strong></span></p></th><th style="text-align:left;background-color:#ffffff;font-weight:700;border:1pt solid #000000;min-width:2em;padding:0.4em" scope="col"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt"><strong style="font-weight:bolder">Leverage</strong></span></p></th><th style="text-align:left;background-color:#ffffff;font-weight:700;border:1pt solid #000000;min-width:2em;padding:0.4em" scope="col"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt"><strong style="font-weight:bolder">Margin Mode</strong></span></p></th></tr></thead><tbody><tr style="height:0pt"><td style="border:1pt solid #000000;min-width:2em;padding:0.4em;background-color:#ffffff"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center">FONEUSDT</p></td><td style="border:1pt solid #000000;min-width:2em;padding:0.4em;background-color:#ffffff"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center">Aug 28, 2026, 04:40 (UTC)</p></td><td style="border:1pt solid #000000;min-width:2em;padding:0.4em;background-color:#ffffff"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt">1-</span>20<span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt">x</span></p><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt">Adjustable</span></p></td><td style="border:1pt solid #000000;min-width:2em;padding:0.4em;background-color:#ffffff"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt">Cross</span></p><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:rgb( 51 , 51 , 51 );font-size:11.5pt">Isolated</span></p></td></tr></tbody></table></figure></figure></figure></figure></div><p><br /></p><p><br /></p><div><div>Want early signals on listings like FONEUSDT?</div><div>Follow MEXC Announcements on Telegram: <a target="_blank" href="https://t.me/MEXC_OfficialAnnouncements" rel="noopener noreferrer">Join Now</a></div><div><br /></div></div><div><div>Thank you for trading with MEXC Futures!</div></div><p><br /></p>

<div><div><div>Effective from Aug 27, 2026, 23:20 (UTC), MEXC has adjusted the funding rate settlement frequency for the SKHYNIXUSDT Perpetual Futures pair. The new settlement frequency is now once every 4 hour(s). Details are as follows:<br /><br /> </div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><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:202px" width="202" /><col style="width:401px" width="401" /></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">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">Max. Funding Rate</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">Aug 28, 2026, 00:00 (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">+3.00% / -3.00%</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">Aug 28, 2026, 04:00 (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">+3.00% / -3.00%</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">Aug 28, 2026, 08:00 (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">+3.00% / -3.00%</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">Aug 28, 2026, 12:00 (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">+3.00% / -3.00%</div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">……</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">+3.00% / -3.00%</div></td></tr></tbody></table></figure></figure></figure></figure></div><div><br />For the latest funding rate details, please visit:</div><ul style="list-style-type:disc"><li style="text-align:left"><div><strong style="font-weight:bolder">Web: </strong>Navigate to<strong style="font-weight:bolder"> Information </strong>→ <strong style="font-weight:bolder">Funding Rate History</strong></div></li><li style="text-align:left"><div><strong style="font-weight:bolder">App: </strong>Go to <strong style="font-weight:bolder">Futures </strong>→<strong style="font-weight:bolder"> ... </strong>→ <strong style="font-weight:bolder">Futures Info</strong></div></li></ul><div><strong style="font-weight:bolder">Notes:</strong></div><ul style="list-style-type:disc"><li><div>The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.</div></li><li><div>Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent potential asset loss.</div></li></ul><div><br /></div><div>Thank you for your continued support.</div></div><div><br /> </div></div>

<div><div><div>Effective from <strong>Aug 27, 2026, 23:20 (UTC)</strong>, MEXC has adjusted the funding rate settlement frequency for the <strong>HYUNDAIUSDT</strong> Perpetual Futures pair. The new settlement frequency is now once every <strong>4</strong> hour(s). Details are as follows:<br /><br /> </div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><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:202px" width="202" /><col style="width:401px" width="401" /></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">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">Max. Funding Rate</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"><strong>Aug 28, 2026, 00:00 (UTC)</strong></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>3</strong>.00% / -<strong>3</strong>.00%</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"><strong>Aug 28, 2026, 04:00 (UTC)</strong></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>3</strong>.00% / -<strong>3</strong>.00%</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"><strong>Aug 28, 2026, 08:00 (UTC)</strong></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>3</strong>.00% / -<strong>3</strong>.00%</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"><strong>Aug 28, 2026, 12:00 (UTC)</strong></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>3</strong>.00% / -<strong>3</strong>.00%</div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">……</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>3</strong>.00% / -<strong>3</strong>.00%</div></td></tr></tbody></table></figure></figure></figure></figure></div><div><br />For the latest funding rate details, please visit:</div><ul style="list-style-type:disc"><li style="text-align:left"><div><strong style="font-weight:bolder">Web: </strong>Navigate to<strong style="font-weight:bolder"> Information </strong>→ <strong style="font-weight:bolder">Funding Rate History</strong></div></li><li style="text-align:left"><div><strong style="font-weight:bolder">App: </strong>Go to <strong style="font-weight:bolder">Futures </strong>→<strong style="font-weight:bolder"> ... </strong>→ <strong style="font-weight:bolder">Futures Info</strong></div></li></ul><div><strong style="font-weight:bolder">Notes:</strong></div><ul style="list-style-type:disc"><li><div>The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.</div></li><li><div>Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent potential asset loss.</div></li></ul><div><br /></div><div>Thank you for your continued support.</div></div><div><br /> </div></div>

<div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div>To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch <strong style="font-weight:bolder">MSTU</strong> Stock Futures on the Futures market. This new listing offers a flexible and efficient way to gain exposure to one of the most prominent equities. Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </div><div><br /></div><h2><strong style="font-weight:bolder">Futures Trading Details</strong></h2><div><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><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:166px" width="166" /><col style="width:241px" width="241" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Feature</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Trading Pair</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/MSTU_USDT">MSTUUSDT</a></strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Listing Time</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><strong style="font-weight:bolder">Aug 27, 2026, 14:15 (UTC)</strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Max Leverage</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Margin Mode</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Cross & Isolated</div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">Trading Hours</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td></tr></tbody></table></figure></figure></figure></figure></figure></div></div><h2 style="background-color:rgb( 255 , 255 , 255 );color:rgba( 0 , 0 , 0 , 0.85 );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"> </h2><h2 style="background-color:rgb( 255 , 255 , 255 );color:rgba( 0 , 0 , 0 , 0.85 );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"><span style="background-color:rgba( 255 , 246 , 122 , 0.8 )"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">What Is </strong></span><strong>MSTU</strong></h2><div><strong style="font-weight:bolder">An ETF that provides 2x daily leveraged returns on MicroStrategy stock (MSTR), achieved through swap contracts. It is highly volatile and suitable only for short-term directional trading.</strong></div><div><br /></div><h2><strong style="font-weight:bolder">🎉 Limited-Time Offer: Enjoy 0 Trading Fees</strong></h2><div>Enjoy 0 trading fees on the Stock Futures for a limited time! This fee update only applies to select users in specific regions. Please check your account's <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</div><div>👉 <a target="_blank" href="https://www.mexc.com/futures/stock-futures" rel="noopener noreferrer">Learn more about Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Related Articles:</strong></div><div><a target="_blank" href="https://www.mexc.com/learn/article/how-to-trade-stock-futures-on-mexc/1" rel="noopener noreferrer">How to Trade Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Important Notes</strong></div><div>• Corporate actions (e.g., dividends, stock splits, reverse splits) may cause sharp price movements. Depending on market conditions, the platform may implement measures including early settlement or position adjustments. Users should monitor relevant announcements and manage risks to avoid unexpected losses.</div><div>• Stocks may trigger a circuit breaker due to market conditions. If triggered, trading will be halted and orders cannot be executed. No liquidation will occur, and existing orders can still be canceled. Please monitor the market, manage your positions, and refer to the official circuit breaker announcement for details.</div><div>• Availability of Stock Futures may vary by region due to regulatory restrictions. Certain jurisdictions may not support these products. Please refer to the <a target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement</a> for full details.</div><div>• MEXC reserves the right to adjust the list of supported regions at any time based on operational and compliance considerations.</div></div>

<div><div>The 0-Fee Fest for <strong style="font-weight:bolder">WIFUSDT, WIFUSDC, CRVUSDT, CRVUSDC, PNUTUSDT, PNUTUSDC</strong> and <strong style="font-weight:bolder">GOATUSDT</strong> Futures will officially conclude on <strong style="font-weight:bolder">Aug 31, 2026, 10:00 (UTC)</strong>.</div><div>Please refer to the <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fees page </a>for the latest rates.</div><div><br /></div><div>But don't worry—the savings don't stop here!</div><div><br /></div><div><strong style="font-weight:bolder">🎉 100 Tokens, 0 Fees 🎉</strong></div><div>With over 100 Futures and Spot pairs still available for 0-fee trading, you have endless opportunities to trade smarter and maximize every move. Keep the momentum going—head to the <a target="_blank" href="https://www.mexc.com/zero-fee" rel="noopener noreferrer">event page</a> now and trade with 0 fees!</div><div><br /></div><div><strong style="font-weight:bolder">🎉 MX Holder Benefits 🎉</strong></div><div style="font-size:13px"><div><span style="font-size:14px">Use MX Deduction to get a 20% discount on Futures trading fees.</span></div></div><div><br /></div><div><br /></div><div><strong style="font-weight:bolder">Notes:</strong></div><div style="font-size:13px"><ul style="list-style-type:disc"><li><div><span style="font-size:14px">Fee rate adjustments may slightly affect liquidation prices. To minimize potential impact, we recommend that you manage your positions in a timely manner.</span></div></li><li><div><span style="font-size:14px">MEXC reserves the final interpretation rights for this event. For any inquiries, please contact Customer Service.</span></div></li></ul></div><div><br /></div><div>Thank you for supporting MEXC Futures.</div></div>

<div><div>We are pleased to announce the addition of <strong style="font-weight:bolder">BTRUSDT, TUTUSDT, HEIUSDT</strong> and <strong style="font-weight:bolder">UAIUSDT</strong> Futures to the 0-Fee Fest. Don't miss this golden opportunity to trade Futures with absolutely no fees. Join now and make every trade count!</div><div><br /></div><h2><strong style="font-weight:bolder">Event Details</strong></h2><div><strong style="font-weight:bolder">Start Time:</strong> <strong style="font-weight:bolder">Aug 31, 2026, 10:00 (UTC)</strong> </div><div><strong style="font-weight:bolder">End Time: To be announced</strong> </div><div><strong style="font-weight:bolder">New Trading Pairs: BTRUSDT, TUTUSDT, HEIUSDT and UAIUSDT </strong></div><div><strong style="font-weight:bolder">How to Participate: </strong>No registration is required. Simply trade the above Futures to enjoy 0 fees (0% maker fees + 0% taker fees).</div><div><br /></div><div><strong style="font-weight:bolder">🎉 100 Tokens, 0 Fees 🎉</strong></div><div>For more information on the 0-Fee Fest and the event trading pairs, please refer to the <a target="_blank" href="https://www.mexc.com/zero-fee" rel="noopener noreferrer">event page</a>.</div><div><br /></div><h2><strong style="font-weight:bolder">Important Notes:</strong></h2><ul style="list-style-type:disc" start="1"><li><div>During the event, trading fee discounts from other promotions will not apply to the above trading pairs.</div></li><li><div>During the event, the trading volume of the above trading pairs will only partially count towards other Futures events, including <a target="_blank" href="https://www.mexc.com/en-US/futures-activity/bonus" rel="noopener noreferrer">Get $10,000</a>, <a target="_blank" href="https://www.mexc.com/futures-mday?utm_source=mexc&utm_medium=marketsbanner&utm_campaign=bonus_mday" rel="noopener noreferrer">M-Day</a>, etc. For specific details, please refer to the rules of other events.</div></li><li><div>Zero fees do not apply to liquidation. Once liquidation is triggered, you may lose all or a significant portion of your position margin, and the liquidation fee will be deducted from your margin.</div></li><li><span style="font-size:14px">Zero fees do not apply to API trading.</span></li><li><div>This event is open to select users in specific regions. Please refer to your account's <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</div></li><li><div>MEXC reserves the final interpretation rights for this event. For any inquiries, please contact Customer Service.</div></li></ul><div><br /></div><div>Thank you for supporting MEXC Futures.</div></div>

<p style="margin:0px">Get started with MEXC Prediction Markets and make Up/Down predictions to unlock bonuses. New and existing users can earn bonuses through deposits, first trades, daily trading, and high-volume trading.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Event Period:</strong> Aug 31, 2026 – Sep 30, 2026</p><p style="margin:0px"><br /></p><figure style="margin:16px 0;text-align:center"><p><a style="background-color:#0057ff;border-radius:4px;border-style:none;color:#fff;font-size:14px;margin:2px;padding:8px 16px;text-decoration:none" target="_blank" href="https://www.mexc.com/campaigns/UpDownEvents-RewardsMonth?utm_source=mexc&utm_medium=ann" id="custom-button-1787825059692-zras7n0dm" data-type="linkButton" rel="noopener noreferrer">Register Now</a></p></figure><p style="margin:0px"><br /></p><h2>Deposit to Get Up to 40 USDT in Bonuses</h2><p style="margin:0px">During the event period, complete a net deposit of at least 100 USDT on MEXC and hold for 24 hours after the deposit.</p><p style="margin:0px"><br /></p><p style="margin:0px">Reward: 2–40 USDT in Prediction bonuses</p><p style="margin:0px"><br /></p><p style="margin:0px">Each user can claim this reward once. Rewards will be automatically distributed within 48 hours after completing the task.</p><p style="margin:0px"><br /></p><h2>Make Your First Trade to Get Up to 40 USDT in Bonuses</h2><p style="margin:0px"><br /></p><p style="margin:0px">Users who have never traded on MEXC Prediction Markets can make their first prediction of at least 100 USDT on an Up/Down Crypto Event, including parlay trades.</p><p style="margin:0px"><br /></p><p style="margin:0px">Reward: 2–40 USDT in Prediction bonuses</p><p style="margin:0px"><br /></p><p style="margin:0px">Each user can claim this reward once. Rewards will be automatically distributed within 48 hours after completing the task.</p><p style="margin:0px"><br /></p><h2>Predict Daily to Get Up to 100 USDT in Bonuses</h2><p style="margin:0px">Make Up/Down predictions every day during the event period to earn bonuses based on your cumulative daily trading volume:</p><p style="margin:0px"><br /></p><p style="margin:0px">• Predict ≥ 100 USDT: Get 10 USDT in bonuses</p><p style="margin:0px">• Predict ≥ 500 USDT: Get an additional 30 USDT in bonuses</p><p style="margin:0px">• Predict ≥ 1,000 USDT: Get an additional 60 USDT in bonuses</p><p style="margin:0px"><br /></p><p style="margin:0px">Each user can earn up to 100 USDT in bonuses per day. Rewards are available until the 800,000 USDT prize pool is fully distributed.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards will be automatically distributed within 48 hours after completing the task.</p><p style="margin:0px"><br /></p><h2>Trading Championship: Share 200,000 USDT in Bonuses</h2><p style="margin:0px"><br /></p><p style="margin:0px">Make Up/Down predictions during the event period and accumulate at least 50,000 USDT in trading volume, including parlay trades.</p><p style="margin:0px"><br /></p><p style="margin:0px">Eligible users can share the 200,000 USDT bonus prize pool based on their proportion of the total eligible trading volume. Each eligible user is guaranteed to receive at least 500 USDT in bonuses.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards will be distributed within 14 days after the event ends.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Important Notes</strong></p><p style="margin:0px">• Users must register for the event during the event period to participate and receive rewards.</p><p style="margin:0px">• Newly signed-up MEXC users must maintain a net deposit of at least 100 USDT within 24 hours of their first deposit to receive the corresponding rewards.</p><p style="margin:0px">• Cumulative net deposit = Total on-chain deposits (excluding internal transfers) + P2P or fiat purchases − Total on-chain withdrawals (including internal transfers) − P2P or fiat sales − Asset transfers out − Gifts sent.</p><p style="margin:0px">• Event rewards can be combined.</p><p style="margin:0px">• Rewards will be distributed to users' accounts as Prediction Market bonuses within the specified distribution period.</p><p style="margin:0px">• In the event of abnormal market conditions, system issues, settlement issues, force majeure, or regulatory requirements, MEXC reserves the right to adjust, suspend, or cancel the event.</p><p style="margin:0px">• For more information about MEXC Prediction Markets, please refer to the <a target="_blank" href="https://www.mexc.com/learn/article/what-is-mexc-prediction-markets-a-beginners-guide/1" rel="noopener noreferrer">MEXC Prediction Markets Beginner's Guide</a>.</p><p style="margin:0px"><br /></p>

<div><div>MEXC will list <strong style="font-weight:bolder">Bitball (PBALL)</strong> in the Innovation Zone and open trading for the<strong style="font-weight:bolder"> PBALL/USDT</strong> pair. To celebrate the listing, MEXC is launching the <strong style="background-color:rgb( 255 , 255 , 255 );color:rgba( 0 , 0 , 0 , 0.85 );font-size:14px;font-style:normal;font-weight:bolder;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px">Bitball (PBALL)</strong><strong style="font-weight:bolder"> </strong>Airdrop+ event, offering <strong style="font-weight:bolder">50,000</strong> <strong style="font-weight:bolder">PBALL</strong> &<strong style="font-weight:bolder"> 10,000 USDT</strong> in rewards!</div></div><p><br /></p><h2><strong style="font-weight:bolder">Bitball (PBALL)</strong> <strong style="font-weight:bolder">Listing Timeline</strong></h2><p style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /></p><ul style="list-style-type:disc"><li style="list-style:inherit;text-align:left"><div><strong style="font-weight:bolder"><a href="https://www.mexc.com/assets/deposit/PBALL">Deposit</a></strong> <strong style="font-weight:bolder">:</strong> Opened</div></li><li style="list-style:inherit;text-align:left"><div><a style="background-color:transparent;color:rgb( 0 , 87 , 255 );outline:none;text-decoration:none" target="_blank" href="https://www.mexc.com/exchange/CHISAI_USDT" rel="noopener noreferrer"><strong style="font-weight:bolder"></strong></a><strong style="font-weight:bolder"><a href="https://www.mexc.com/exchange/PBALL_USDT">PBALL/USDT</a></strong> <strong style="font-weight:bolder"> Trading in Innovation Zone:</strong> <strong style="font-weight:bolder">Sep 1, 2026, 10:00 (UTC)</strong> </div></li><li style="list-style:inherit;text-align:left"><div><strong style="font-weight:bolder">Withdrawal:</strong> <strong style="font-weight:bolder">Sep 2, 2026, 10:00 (UTC)</strong> </div></li></ul><p style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-size:15px;font-style:normal;font-weight:400;letter-spacing:normal;line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><br /><span style="background-color:transparent;color:rgb( 216 , 57 , 49 );font-size:11pt"><strong style="font-weight:bolder">Note: Prices may fluctuate significantly for projects listed in the Innovation Zone. Please be cautious of the risks.</strong></span></p><p><br /></p><h2><strong style="font-weight:bolder">What Is Bitball (PBALL)</strong> </h2><div><strong style="font-weight:bolder">Bitball is an AI-powered sports intelligence network built to transform real-time match data, predictive analytics, and community insights into a smarter sports data layer.By combining AI models, live sports signals, collective intelligence, and prediction market infrastructure, Bitball helps users analyze matches faster, discover hidden patterns, and access more intelligent sports insights across the global sports ecosystem.</strong> </div><div>Total Supply: <strong style="font-weight:bolder">100,000,000</strong> <strong style="font-weight:bolder">PBALL</strong> </div><p><strong style="font-weight:bolder"><span dir="ltr"><a href="https://www.bitballapp.com/en" target="_blank" rel="noopener noreferrer">Official Website</a> | <a href="https://bscscan.com/token/0x1caabb93c1fc64ab74c03cb1e76f9c85e088cb91" target="_blank" rel="noopener noreferrer">Contract Address</a> | <a href="https://x.com/metabitball" target="_blank" rel="noopener noreferrer">X (Twitter)</a> | <a href="https://t.me/BitballCommunity?utm_medium=social&utm_source=heylink.me" target="_blank" rel="noopener noreferrer">Telegram</a> | <a href="https://bitball.notion.site/Bitball-Whitepaper-383ad7fcfdcd808d8a36e51e18bd3fa0#383ad7fcfdcd8004bc69cbac5b29e7df" target="_blank" rel="noopener noreferrer">Whitepaper</a></span></strong> </p><p><br /></p><div>Want early signals on listings like <strong style="font-weight:bolder">Bitball (PBALL)</strong>?</div><div>Follow <strong style="font-weight:bolder">MEXC Announcements</strong> on Telegram: <a target="_blank" href="https://t.me/MEXC_OfficialAnnouncements" rel="noopener noreferrer">Join Now</a></div><p style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br /></p><p style="margin-top:0px;margin-bottom:1em"><br /></p><h2><strong style="font-weight:bolder">PBALL</strong><span style="background-color:transparent;color:rgb( 0 , 0 , 0 );font-size:11pt"><strong style="font-weight:bolder"> </strong></span><strong style="font-weight:bolder">Airdrop+: Deposit and Trade to Share 50,000</strong> <strong style="font-weight:bolder">PBALL</strong> <strong style="font-weight:bolder">&</strong><span style="background-color:transparent;color:rgb( 0 , 0 , 0 );font-size:11pt"><strong style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-size:15px;font-style:normal;font-weight:bolder;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" id="docs-internal-guid-b462000b-7fff-80dc-8ab3-c27c101c07cd"> </strong></span><strong style="font-weight:bolder">10,000 USDT</strong></h2><p style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br /></p><p style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="background-color:transparent;color:rgb( 0 , 0 , 0 );font-size:11pt"><strong style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-size:15px;font-style:normal;font-weight:bolder;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" id="docs-internal-guid-b462000b-7fff-80dc-8ab3-c27c101c07cd">Event Period: </strong></span><strong style="font-weight:bolder">Aug 31, 2026, 10:00 (UTC)</strong> <span style="background-color:transparent;color:rgb( 0 , 0 , 0 );font-size:11pt"><strong style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-size:15px;font-style:normal;font-weight:bolder;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" id="docs-internal-guid-b462000b-7fff-80dc-8ab3-c27c101c07cd">– </strong></span><strong style="font-weight:bolder">Sep 14, 2026, 10:00 (UTC)</strong> </p><p style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><br /></p><p></p><p>Click the <strong style="font-weight:bolder">Register Now</strong> button and complete the designated tasks on the event page to grab your share of the prize pool.<br /> </p><div><span style="background-color:transparent;color:rgb( 0 , 0 , 0 );font-size:11pt">Terms and conditions apply. For more details, please refer to the event page.</span></div><div><br /></div><div><br /></div><div><strong style="background-color:rgb( 255 , 255 , 255 );color:rgb( 51 , 51 , 51 );font-size:15px;font-style:normal;font-weight:bolder;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px" id="docs-internal-guid-b462000b-7fff-80dc-8ab3-c27c101c07cd">Risk Disclosure</strong></div><div><div>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.<br /><br /> </div><div>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.<br /><br /> </div><div>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><p><br /></p></div>

<p style="margin:0px">MEXC is launching its first IPO Express event, featuring SHEIN. This first-in-market opportunity allows eligible users to subscribe to SHEIN(PRE) with USDT to gain economic exposure linked to SHEIN's post-listing performance and receive mirror credits according to the event rules, without directly holding SHEIN shares.</p><p style="margin:0px"><br /></p><p style="margin:0px">From subscription to allocation and settlement, MEXC handles the process according to the event rules. After SHEIN's first trading day, MEXC will settle the credits based on the disclosed settlement rules and SHEIN's first-day closing price, with the resulting settlement amount credited to eligible users.</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>Subscription Period:</b> Aug 27, 2026, 10:00 (UTC) – Aug 31, 2026, 10:00 (UTC)</p><p style="margin:0px"><br /></p><p style="margin:0px">[Join Now]{https://www.mexc.com/launchpad/shein-pre/82?utm_source=mexc&utm_medium=ann}</p><p style="margin:0px"><br /></p><h2>How to Participate</h2><p style="margin:0px"><br /></p><p style="margin:0px"><b>1. Complete the requirements</b></p><p style="margin:0px">Complete Advanced KYC Verification and deposit at least $100 during the event period.</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>2. Submit your subscription</b></p><p style="margin:0px">Select the available SHEIN(PRE) subscription option and subscribe using the applicable asset.</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>3. Receive your credits</b></p><p style="margin:0px">Following successful subscription, eligible users will receive mirror credits according to the event rules.</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>4. Wait for settlement</b></p><p style="margin:0px">After SHEIN's first trading day, your mirror credits will be settled according to the event rules.</p><p style="margin:0px"><br /></p><h2>Subscription Options</h2><p style="margin:0px"><br /></p><p style="margin:0px">The event has a total subscription quota of $1,000,000. Note: The subscription quota for this event does not equal the final allocation quota. Eligible users can subscribe with USDT through the following options:</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>1. New User Subscription</b></p><p style="margin:0px">Audience: New users</p><p style="margin:0px">Quota: $300,000</p><p style="margin:0px">Individual Limit: 100–10,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>2. General Subscription</b></p><p style="margin:0px">Audience: All eligible users</p><p style="margin:0px">Quota: $500,000</p><p style="margin:0px">Individual Limit: 100–10,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>3. Elite Subscription</b></p><p style="margin:0px">Audience: Elite VVIP with an M-Score of 800 or above</p><p style="margin:0px">Quota: $200,000</p><p style="margin:0px">Individual Limit: 100–10,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px">Subscription price: HKD 47.60–49.50 (approximately $6.07–$6.32). The final subscription price will be determined in accordance with the event rules.</p><p style="margin:0px"><br /></p><h2>Increase Your Subscription Limit</h2><p style="margin:0px">Eligible users can increase their maximum subscription limit by completing the following deposit tasks during the event period:</p><p style="margin:0px">• Deposit $10,000: Increase the subscription limit by 10%, up to $11,000</p><p style="margin:0px">• Deposit $50,000: Increase the subscription limit by 50%, up to $15,000</p><p style="margin:0px">• Deposit $100,000: Increase the subscription limit by 100%, up to $20,000</p><p style="margin:0px"><br /></p><p style="margin:0px">Please note: Actual allocation is subject to the event rules. Completing additional tasks does not guarantee a specific allocation or settlement amount.</p><p style="margin:0px"><br /></p><h2>Why Participate in IPO Express?</h2><p style="margin:0px">• <b>Simple, Streamlined Process:</b> Complete your subscription through MEXC, with allocation and settlement handled according to the event rules.</p><p style="margin:0px">• <b>Flexible Subscription Options:</b> Choose from available USDT subscription options based on your eligibility.</p><p style="margin:0px">• <b>No Direct Stock Ownership:</b> Gain IPO-linked exposure through mirror credits without directly holding SHEIN shares.</p><p style="margin:0px"><br /></p><h2>Settlement</h2><p style="margin:0px">After SHEIN's first trading day, MEXC will settle the relevant credits based on the disclosed settlement rules and SHEIN's first-day closing price. The resulting settlement amount will then be credited to eligible users' accounts.</p><p style="margin:0px"><br /></p><p style="margin:0px">To mirror the actual cost structure of an IPO, participation in this event is subject to the following fees:</p><p style="margin:0px">• <b>Subscription Fee:</b> Approximately 1.0085% in total.</p><p style="margin:0px">• <b>Selling Fee:</b> 0.5% of the settlement amount, charged at settlement.</p><p style="margin:0px"><br /></p><p style="margin:0px">After trading ends on the first day of SHEIN's listing, the platform will use SHEIN's closing price on the first trading day as the settlement benchmark price and settle users' mirror credits according to the event rules.</p><p style="margin:0px"><b>Profit = Final Allocated Amount × [IPO Closing Price − IPO Subscription Price × (1 + Total Fee Rate)]</b></p><p style="margin:0px"><br /></p><p style="margin:0px">The subscription fee is calculated based on the subscription price multiplied by the total subscription fee rate (approximately 1.0085%). The 0.5% selling fee will be deducted from the settlement amount at the time of settlement.</p><p style="margin:0px"><br /></p><p style="margin:0px">The mirror credits provided through this event do not represent direct ownership of SHEIN shares. The final settlement amount depends on the applicable settlement rules and SHEIN's market performance and may be lower than the user's subscription amount. Please refer to the IPO Express event page and applicable Terms and Conditions for full details.</p><p style="margin:0px"><br /></p><p style="margin:0px">For more information about MEXC IPO Express, please refer to the <a href="https://www.mexc.com/support/article/shein-ipo-express-faq-447805015543214080">IPO Express FAQ</a>.</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>Disclaimer</b></p><p style="margin:0px">This event is independently organized and fully funded by MEXC and does not indicate any partnership, endorsement, or authorization by SHEIN unless otherwise expressly disclosed by MEXC. MEXC provides users with economic exposure linked to the post-listing performance of SHEIN through the disclosed participation and settlement arrangements. Participation in this event does not provide direct ownership of SHEIN shares. The event schedule, allocation, settlement arrangements, and other details may be subject to change. Please refer to the IPO Express page for the latest information.</p><p style="margin:0px"><br /></p><p style="margin:0px"><b>Risk Warning</b></p><p style="margin:0px">Participation in this event involves market risk. SHEIN's market performance after listing is uncertain and may result in losses. If the closing price on the first day of listing is lower than the subscription price, or if the price difference is insufficient to cover the subscription and selling fees, the final settlement amount may be lower than the user's subscription amount, resulting in a potential loss of the amount subscribed. Users do not need to determine when to sell or take any trading action. The settlement amount is calculated by the platform in accordance with the event rules and does not represent proceeds from any actual stock transaction. Please carefully review the event rules and applicable Terms and Conditions before participating.</p>