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<figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125400103cPG9r3oOw6btyE.png" width="1280" height="640" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px">AI&#39;s next advantage may belong to the companies that can turn limited capacity into real gains.</p><p style="margin:0px"><br /></p><p style="margin:0px">The AI boom has a familiar question with a new price tag: after spending billions to build the infrastructure, who actually makes money using it?</p><p style="margin:0px"><br /></p><p style="margin:0px">The first wave rewarded companies supplying chips, data centers, and power. That buildout is still accelerating. The next opportunity may be harder to spot, because it could appear in the margins of a retailer, the operations of a hospital, or the costs of an industrial business.</p><p style="margin:0px"><br /></p><h2>Who Turns AI Spending Into Results?</h2><p style="margin:0px"><strong style="font-weight:bolder">The Buildout Isn&#39;t Over</strong></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/exchange/NVDAON_USDT" rel="noopener noreferrer">Compute</a> is still in demand. Morgan Stanley projects AI-related capital expenditures will reach roughly $800 billion in 2026, climbing to $1.1 trillion in 2027. Companies racing to secure capacity also need <a target="_blank" href="https://www.mexc.com/exchange/CEGON_USDT" rel="noopener noreferrer">power</a>, <a target="_blank" href="https://www.mexc.com/exchange/VRTON_USDT" rel="noopener noreferrer">cooling</a>, buildings, and financing. Each constraint creates an opportunity for someone who can help remove it. The infrastructure trade is far from over.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125404979GAkfP4qACGvdH6.png" width="1914" height="977" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Paying for It Is the Easy Part</strong></p><p style="margin:0px">But building AI capacity and earning a return from it are different jobs. The first produces visible orders: chips sold, data centers built, megawatts secured. The second asks what happens after a business pays to use that capacity. Does it serve more customers? Make fewer errors? Finish work faster? Widen margins? A company can announce an AI partnership tomorrow. It may take much longer to answer those questions.</p><p style="margin:0px"><br /></p><p style="margin:0px">The shift begins when AI moves beyond pilots and into everyday operations. Consider a retailer deciding what to stock, a hospital handling administrative work, or an industrial company maintaining equipment. Each has a plausible use case. None gets the benefit simply by adding a model to its software.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125413000VYF2mesv0YzgsS.png" width="1914" height="977" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px">Klarna shows why. In 2024, it reported substantial savings from its AI assistant. It later expanded human support—a reminder that lower service costs and good service are two different measures of success.</p><p style="margin:0px"><br /></p><p style="margin:0px">Before AI pays off, the unglamorous work comes first: preparing data, protecting it, setting rules for its use, training employees, and redesigning the workflow around what the technology can reliably do. That investment may weigh on costs before it helps earnings. Morgan Stanley points to the productivity J-curve: companies reorganize and spend first; measurable gains can follow later.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Why the Bar Just Went Up</strong></p><p style="margin:0px">The compute bottleneck gives infrastructure providers a clear reason to keep building. Scarce capacity also makes weak use cases harder to justify. As spending climbs, investors may become more selective about what counts as progress. Pilot counts and ambitious forecasts are easy to announce; sustained cost savings, wider margins, and revenue customers will pay for are harder to produce.</p><p style="margin:0px"><br /></p><p style="margin:0px">This is why the next set of AI winners could look different from the first. A business outside tech does not need to build the best model. It needs a specific problem, the ability to put AI to work at scale, and a way to measure the result.</p><p style="margin:0px"><br /></p><p style="margin:0px">The first test of the AI boom was who could supply it. The next is who can turn that supply into an advantage. The spending figures tell us the size of the bet. The earnings will tell us who won it. That gives investors two sets of evidence to watch: orders and capacity for the builders; measurable savings, revenue, and margins for the users.</p><p style="margin:0px"><br /></p><h2>Quick Hits</h2><p style="margin:0px"><strong style="font-weight:bolder">Bonds raise the price of the bet.</strong> The 10-year Treasury par yield was 5.11% on September 23; the 30-year was 5.40%. The AI buildout is reaching the bond market, too: five major hyperscalers had issued about $132 billion in bonds through July, compared with an annual average of roughly $35 billion from 2020 to 2024. Higher yields make financing and the returns needed to justify new projects harder to ignore.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125420473lCuUaCIre9LtlB.png" width="1040" height="482" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/BTC_USDT" rel="noopener noreferrer"><strong style="font-weight:bolder">Bitcoin</strong></a><strong style="font-weight:bolder"> has its own test.</strong> Glassnode found a dense block of long-term holder supply around $84,000–$85,000, with options positioning that could accelerate moves toward $92,000 and slow them near $95,000. Altcoins have risen broadly without much new leverage. Those readings use data through September 21–23; refresh the price and options positioning before publication.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125428374aWDLkoXjAx9cfd.png" width="1600" height="900" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Data centers are entering the midterms.</strong> An NPR analysis counted more than $45 million spent on political ads mentioning data centers. The House has also passed a bill requiring state regulators to consider whether large power users should bear the added infrastructure costs of serving them. Electricity costs are becoming a political constraint on the AI buildout; the bill has not become law.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Stock tokens get a conditional opening.</strong> The SEC has granted certain venues temporary relief to trade tokenized U.S. listed stocks through permissioned automated market makers and liquidity pools. Trading limits apply, tokens must carry equivalent shareholder rights, and issuers must receive notice and an opportunity to object in specified cases. The interesting question now is what useful applications developers build around that access.</p><p style="margin:0px"><br /></p><h2>Translation</h2><p style="margin:0px">&#34;Price is what you pay. Value is what you get.&#34; — Warren Buffett, crediting Ben Graham for teaching him the saying.</p><p style="margin:0px"><br /></p><p style="margin:0px">Buffett has stepped down as Berkshire Hathaway chairman. His old price-versus-value test has a new subject: AI. The price is in the spending forecasts; the value is still making its way into the earnings reports.</p><p style="margin:0px"><br /></p><h2>New and Noteworthy</h2><p style="margin:0px"><strong style="font-weight:bolder">The AI buildout, from chips to power.</strong> <a target="_blank" href="https://www.mexc.com/futures/TSMCSTOCK_USDT" rel="noopener noreferrer">TSMC</a> manufactures the chips at the heart of the AI boom; <a target="_blank" href="https://www.mexc.com/futures/VICRSTOCK_USDT" rel="noopener noreferrer">Vicor</a> makes power components that help keep demanding systems running. Both now have Stock Futures on MEXC.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Beyond the data center.</strong> Also on Stock Futures: <a target="_blank"><span style="color:rgb( 0 , 0 , 0 );font-size:14px">Lenovo</span></a><span style="color:rgb( 0 , 0 , 0 );font-size:14px"> (HK0992) brings the story closer to the devices people use, while</span><a target="_blank" href="https://www.mexc.com/futures/TMOSTOCK_USDT" rel="noopener noreferrer"><span style="color:rgb( 0 , 0 , 0 );font-size:14px"> Thermo Fisher (TMO) takes us into the tools behind scientific research.</span></a></p><p style="margin:0px"><br /><strong style="font-weight:bolder">Before the bell.</strong> New Pre-IPO Futures feature <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-to-list-oura-pre-ipo-futures-on-sep-22-17827791538757" rel="noopener noreferrer">Oura</a> the smart ring maker, and <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-to-list-polymarket-pre-ipo-futures-on-sep-21-17827791538742" rel="noopener noreferrer">Polymarket</a>, the prediction market platform.</p><p style="margin:0px"><br /></p><h2>Before You Go</h2><p style="margin:0px">AI may be the big story this week, but there are a couple of ways to get closer to the companies behind it—and bring a friend along for the ride.</p><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/announcements/article/ipo-express-17827791538829" rel="noopener noreferrer">IPO Express: OURA</a> lets eligible users subscribe with USDT for exposure linked to the smart ring maker’s IPO performance through mirror credits, without buying shares.</p><p style="margin:0px"><br /></p><p style="margin:0px">And with <a target="_blank" href="https://www.mexc.com/announcements/article/real-stocks-real-friends-17827791538770" rel="noopener noreferrer">Real Stocks, Real Friends</a>, you can earn 15 USDT when a friend joins RealStocks, makes at least 100 USDT in net purchases, and holds for three days.</p>

<div><div><div>Effective from Sep 25, 2026, 00:00 (UTC), MEXC has adjusted the funding rate settlement frequency for the ONEUSDT Perpetual Futures pair. The new settlement frequency is now once every 1 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">Sep 25, 2026, 01:00 (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">&#43;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">Sep 25, 2026, 02:00 (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">&#43;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">Sep 25, 2026, 03:00 (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">&#43;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">Sep 25, 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">&#43;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">&#43;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 Sep 24, 2026, 17:15 (UTC), MEXC has adjusted the funding rate settlement frequency for the GUSDT 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">Sep 24, 2026, 20:00 (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">&#43;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">Sep 25, 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">&#43;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">Sep 25, 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">&#43;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">Sep 25, 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">&#43;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">&#43;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>MEXC will be delisting the CTOUSDT Perpetual Futures pair on Sep 27, 2026, 13:00 (UTC).<br /><br /> </div><div><strong style="font-weight:bolder">Please note:</strong><br /><br /> </div><ul style="list-style-type:disc"><li>MEXC will close all positions for the abovementioned trading pair at the fair price at the time of delisting.</li><li>All open orders of the abovementioned trading pair will be canceled upon delisting.</li><li>Users are encouraged to search the affected trading pair using the search bar and close any open positions before delisting to minimize risk and prevent potential loss.</li></ul><div><ul style="list-style-type:disc"><li>The abovementioned trading pair will also be simultaneously delisted from Demo Trading, if applicable.</li></ul></div><div><ul style="list-style-type:disc"><li>The abovementioned trading pair will also be simultaneously delisted from Futures Grid Trading, if applicable. Please disable the grid bot for the affected pair in time and consider trading other pairs.<br /><br /> </li></ul></div><div>Thank you for your continued support.</div>

<div><div style="white-space:normal">Due to network maintenance, MEXC will suspend withdrawals on EVM-based networks from <strong style="font-weight:bolder">04:00 to 05:00 (UTC) </strong>on September 28, 2026. Deposits will not be affected during this period.</div><div><br /></div><div>We apologize for any inconvenience this may cause. Thank you for your support!</div></div><div><br /></div>

<div><div><div>Effective from Sep 24, 2026, 10:40 (UTC), MEXC has adjusted the funding rate settlement frequency for the HK0992USDT 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">Sep 24, 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">&#43;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">Sep 24, 2026, 16:00 (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">&#43;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">Sep 24, 2026, 20:00 (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">&#43;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">Sep 25, 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">&#43;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">&#43;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 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"><p><span style="font-size:14px">To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch</span> <strong style="font-weight:bolder">HK0992, VICR, TMO, PFE</strong> and <strong style="font-weight:bolder">WBD</strong> <span style="font-size:14px">Stock Futures on the Futures market. T</span><span style="color:rgb( 0 , 0 , 0 );font-size:14px">hese new listings offer a flexible and efficient way to gain exposure to some of the most prominent equities. </span><span style="font-size:14px">Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </span></p><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%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:145px" width="145" /><col style="width:137px" width="137" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" 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" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" 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" 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" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/HK0992_USDT">HK0992USDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/VICRSTOCK_USDT">VICRUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/TMOSTOCK_USDT">TMOUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/PFESTOCK_USDT">PFEUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/WBDSTOCK_USDT">WBDUSDT</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" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (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" 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" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><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" 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" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; 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" 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" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></div></div><h2> </h2><h2><strong style="font-weight:bolder">Introduction</strong></h2><p><strong style="font-weight:bolder">HK0992USDT is a quanto contract in which the underlying asset is priced in HKD, while margin and P&amp;L are settled in USDT. For margining and settlement purposes, the price of the relevant Hong Kong stock on the HKEX is treated as if it were denominated in USDT on a one-to-one basis, without any foreign exchange conversion. The underlying asset is LENOVO GROUP LTD. (HKEX: 0992), Lenovo Group Ltd is an investment holding company primarily engaged in the development, manufacturing, and sales of technology products, as well as the provision of related services.</strong></p><p><strong style="font-weight:bolder">Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically powered devices in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components that provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as sells electrical and mechanical accessories. It also designs, sells, and services custom power system solutions. It serves independent manufacturers of electronic devices, original equipment manufacturers, original design manufacturers, and their contract manufacturers in the aerospace and aviation, defense electronics, satellites, factory automation, instrumentation, test equipment, transportation, telecommunications and networking infrastructure, and vehicle markets.</strong></p><p><strong style="font-weight:bolder">Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services internationally. It operates through four segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services. The Life Sciences Solutions segment includes reagents, instruments, and consumables for biological and medical research; discovery and production of drugs and vaccines; and diagnosis of infections and diseases.</strong></p><p><strong style="font-weight:bolder">Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States and internationally. It operates in three segments: Biopharma, PC1, and Pfizer Ignite. The company offers internal medicine products, including cardiovascular metabolic diseases products under the Eliquis brand; migraine products under the Nurtec ODT/Vydura and Zavzpret brand; vaccines under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and Paxlovid for the treatment of COVID-19.</strong></p><p><strong style="font-weight:bolder">Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks.</strong></p><p><br /></p><h2><strong style="font-weight:bolder">&#x1f389; 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&#39;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>&#x1f449; <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">SUIUSDT, SUIUSDC, SUIUSD1</strong> and <strong style="font-weight:bolder">SUIUSD</strong> Futures will officially conclude on <strong style="font-weight:bolder">Sep 28, 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&#39;t worry—the savings don&#39;t stop here!</div><div><br /></div><div><strong style="font-weight:bolder">&#x1f389; 100 Tokens, 0 Fees &#x1f389;</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">&#x1f389; MX Holder Benefits &#x1f389;</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>

<p style="margin:0px">A new IPO Express opportunity is here. Get ready for the OURA IPO Express event, where eligible users can subscribe to OURA with USDT to gain economic exposure linked to OURA&#39;s post-listing performance and receive mirror credits according to the event rules, without directly holding OURA 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 OURA&#39;s first trading day, MEXC will settle the credits based on the disclosed settlement rules and OURA&#39;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"><strong style="font-weight:bolder">Start Time:</strong> Sep 25, 2026, 10:00 (UTC)</p><p style="margin:0px"><strong style="font-weight:bolder">End Time: </strong>Subject to the actual progress of the OURA IPO</p><p style="margin:0px"><br /></p><p style="margin:0px">[Join Now]{https://www.mexc.com/launchpad/oura-pre/88?utm_source&#61;mexc&amp;utm_medium&#61;ann}</p><p style="margin:0px"><br /></p><h2>How to Participate</h2><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">1. Complete the requirements</strong></p><p style="margin:0px">• Complete Advanced KYC Verification</p><p style="margin:0px">• Deposit at least $100</p><p style="margin:0px">• Trade any amount in Spot (not including 0-fee pairs)</p><p style="margin:0px">• Reach the required Futures trading volume (including 0-fee Futures)</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">2. Submit your subscription</strong></p><p style="margin:0px">Select the available OURA subscription option and subscribe using the applicable asset.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">3. Receive your credits</strong></p><p style="margin:0px">Following a successful subscription, eligible users will receive mirror credits according to the event rules.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">4. Wait for settlement</strong></p><p style="margin:0px">After OURA&#39;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 $10,000,000.</p><p style="margin:0px"><strong style="font-weight:bolder">Please note that the subscription quota for this event does not equal the final allocation quota.</strong> Eligible users can subscribe with USDT through the following options:</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">1. New User Subscription</strong></p><p style="margin:0px">Audience: New users</p><p style="margin:0px">Quota: $2,500,000</p><p style="margin:0px">Individual Limit: 100–100,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">2. General Subscription</strong></p><p style="margin:0px">Audience: All eligible users</p><p style="margin:0px">Quota: $5,000,000</p><p style="margin:0px">Individual Limit: 100–100,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">3. Elite Subscription</strong></p><p style="margin:0px">Audience: Elite VVIP with an M-Score of 800 or above</p><p style="margin:0px">Quota: $2,500,000</p><p style="margin:0px">Individual Limit: 100–100,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px">Subscription price: $40–$44. 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 tasks during the event period:</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">New Users Only</strong></p><p style="margin:0px">• Trade $20,000 in Futures: Increase the subscription limit to 120,000 USDT</p><p style="margin:0px">• Trade $50,000 in Futures: Increase the subscription limit to 150,000 USDT</p><p style="margin:0px">• Trade $100,000 in Futures: Increase the subscription limit to 200,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">All Users</strong></p><p style="margin:0px">• Trade $50,000 in Futures: Increase the subscription limit to 120,000 USDT</p><p style="margin:0px">• Trade $100,000 in Futures: Increase the subscription limit to 150,000 USDT</p><p style="margin:0px">• Trade $200,000 in Futures: Increase the subscription limit to 200,000 USDT</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">• <strong style="font-weight:bolder">Simple, Streamlined Process:</strong> Complete your subscription through MEXC, with allocation and settlement handled according to the event rules.</p><p style="margin:0px">• <strong style="font-weight:bolder">Flexible Subscription Options:</strong> Choose from available USDT subscription options based on your eligibility.</p><p style="margin:0px">• <strong style="font-weight:bolder">No Direct Stock Ownership:</strong> Gain IPO-linked exposure through mirror credits without directly holding OURA shares.</p><p style="margin:0px"><br /></p><h2>Settlement</h2><p style="margin:0px">MEXC will settle the relevant credits 24 hours after OURA&#39;s first trading day based on the disclosed settlement rules and OURA&#39;s first-day closing price. The resulting settlement amount will then be credited to eligible users&#39; 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">• <strong style="font-weight:bolder">Subscription Fee:</strong> 0%</p><p style="margin:0px">• <strong style="font-weight:bolder">Selling Fee:</strong> 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 OURA&#39;s listing, the platform will use OURA&#39;s closing price on the first trading day as the settlement benchmark price and settle users&#39; mirror credits according to the event rules.</p><p style="margin:0px"><strong style="font-weight:bolder">Settlement Amount &#61; Successful Subscribed Amount &#43; Final Allocated Amount × [IPO Closing Price × (1 − Selling Fee Rate) − IPO Subscription Price × (1 &#43; Subscription Fee Rate)]</strong></p><p style="margin:0px"><br /></p><p style="margin:0px">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 OURA shares. The final settlement amount depends on the applicable settlement rules and OURA&#39;s market performance and may be lower than the user&#39;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 target="_blank" href="https://www.mexc.com/support/article/oura-ipo-express-faq-468826672844011520" rel="noopener noreferrer">IPO Express FAQ</a>.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Disclaimer</strong></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 OURA unless otherwise expressly disclosed by MEXC. MEXC provides users with economic exposure linked to the post-listing performance of OURA through the disclosed participation and settlement arrangements. Participation in this event does not provide direct ownership of OURA 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"><strong style="font-weight:bolder">Risk Warning</strong></p><p style="margin:0px">Participation in this event involves market risk. OURA&#39;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&#39;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>

<div>We are pleased to announce the addition of <strong style="font-weight:bolder">ONEUSDT</strong> and <strong style="font-weight:bolder">BRUSDT</strong> Futures to the 0-Fee Fest. Don&#39;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">Sep 28, 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: ONEUSDT and BRUSDT </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 &#43; 0% taker fees).</div><div><br /></div><div><strong style="font-weight:bolder">&#x1f389; 100 Tokens, 0 Fees &#x1f389;</strong></div><div>For more information on the 0-Fee Fest and the event trading pairs, please refer to the <a target="_blank" href="https://www.mexc.com/zero-fee" rel="noopener noreferrer">event page</a>.</div><div><br /></div><h2><strong style="font-weight:bolder">Important Notes:</strong></h2><ul style="list-style-type:disc" start="1"><li><div><span style="font-size:14px">During the event, trading fee discounts from other promotions will not apply to the above trading pairs.</span></div></li><li><div>During the event, the trading volume of the above trading pairs will only partially count towards other Futures events, including <a target="_blank" href="https://www.mexc.com/en-US/futures-activity/bonus" rel="noopener noreferrer">Get $10,000</a>, <a target="_blank" href="https://www.mexc.com/futures-mday?utm_source&#61;mexc&amp;utm_medium&#61;marketsbanner&amp;utm_campaign&#61;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&#39;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>

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<figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125400103cPG9r3oOw6btyE.png" width="1280" height="640" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px">AI&#39;s next advantage may belong to the companies that can turn limited capacity into real gains.</p><p style="margin:0px"><br /></p><p style="margin:0px">The AI boom has a familiar question with a new price tag: after spending billions to build the infrastructure, who actually makes money using it?</p><p style="margin:0px"><br /></p><p style="margin:0px">The first wave rewarded companies supplying chips, data centers, and power. That buildout is still accelerating. The next opportunity may be harder to spot, because it could appear in the margins of a retailer, the operations of a hospital, or the costs of an industrial business.</p><p style="margin:0px"><br /></p><h2>Who Turns AI Spending Into Results?</h2><p style="margin:0px"><strong style="font-weight:bolder">The Buildout Isn&#39;t Over</strong></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/exchange/NVDAON_USDT" rel="noopener noreferrer">Compute</a> is still in demand. Morgan Stanley projects AI-related capital expenditures will reach roughly $800 billion in 2026, climbing to $1.1 trillion in 2027. Companies racing to secure capacity also need <a target="_blank" href="https://www.mexc.com/exchange/CEGON_USDT" rel="noopener noreferrer">power</a>, <a target="_blank" href="https://www.mexc.com/exchange/VRTON_USDT" rel="noopener noreferrer">cooling</a>, buildings, and financing. Each constraint creates an opportunity for someone who can help remove it. The infrastructure trade is far from over.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125404979GAkfP4qACGvdH6.png" width="1914" height="977" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Paying for It Is the Easy Part</strong></p><p style="margin:0px">But building AI capacity and earning a return from it are different jobs. The first produces visible orders: chips sold, data centers built, megawatts secured. The second asks what happens after a business pays to use that capacity. Does it serve more customers? Make fewer errors? Finish work faster? Widen margins? A company can announce an AI partnership tomorrow. It may take much longer to answer those questions.</p><p style="margin:0px"><br /></p><p style="margin:0px">The shift begins when AI moves beyond pilots and into everyday operations. Consider a retailer deciding what to stock, a hospital handling administrative work, or an industrial company maintaining equipment. Each has a plausible use case. None gets the benefit simply by adding a model to its software.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125413000VYF2mesv0YzgsS.png" width="1914" height="977" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px">Klarna shows why. In 2024, it reported substantial savings from its AI assistant. It later expanded human support—a reminder that lower service costs and good service are two different measures of success.</p><p style="margin:0px"><br /></p><p style="margin:0px">Before AI pays off, the unglamorous work comes first: preparing data, protecting it, setting rules for its use, training employees, and redesigning the workflow around what the technology can reliably do. That investment may weigh on costs before it helps earnings. Morgan Stanley points to the productivity J-curve: companies reorganize and spend first; measurable gains can follow later.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Why the Bar Just Went Up</strong></p><p style="margin:0px">The compute bottleneck gives infrastructure providers a clear reason to keep building. Scarce capacity also makes weak use cases harder to justify. As spending climbs, investors may become more selective about what counts as progress. Pilot counts and ambitious forecasts are easy to announce; sustained cost savings, wider margins, and revenue customers will pay for are harder to produce.</p><p style="margin:0px"><br /></p><p style="margin:0px">This is why the next set of AI winners could look different from the first. A business outside tech does not need to build the best model. It needs a specific problem, the ability to put AI to work at scale, and a way to measure the result.</p><p style="margin:0px"><br /></p><p style="margin:0px">The first test of the AI boom was who could supply it. The next is who can turn that supply into an advantage. The spending figures tell us the size of the bet. The earnings will tell us who won it. That gives investors two sets of evidence to watch: orders and capacity for the builders; measurable savings, revenue, and margins for the users.</p><p style="margin:0px"><br /></p><h2>Quick Hits</h2><p style="margin:0px"><strong style="font-weight:bolder">Bonds raise the price of the bet.</strong> The 10-year Treasury par yield was 5.11% on September 23; the 30-year was 5.40%. The AI buildout is reaching the bond market, too: five major hyperscalers had issued about $132 billion in bonds through July, compared with an annual average of roughly $35 billion from 2020 to 2024. Higher yields make financing and the returns needed to justify new projects harder to ignore.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125420473lCuUaCIre9LtlB.png" width="1040" height="482" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/futures/BTC_USDT" rel="noopener noreferrer"><strong style="font-weight:bolder">Bitcoin</strong></a><strong style="font-weight:bolder"> has its own test.</strong> Glassnode found a dense block of long-term holder supply around $84,000–$85,000, with options positioning that could accelerate moves toward $92,000 and slow them near $95,000. Altcoins have risen broadly without much new leverage. Those readings use data through September 21–23; refresh the price and options positioning before publication.</p><p style="margin:0px"><br /></p><figure><p><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20260925125428374aWDLkoXjAx9cfd.png" width="1600" height="900" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Data centers are entering the midterms.</strong> An NPR analysis counted more than $45 million spent on political ads mentioning data centers. The House has also passed a bill requiring state regulators to consider whether large power users should bear the added infrastructure costs of serving them. Electricity costs are becoming a political constraint on the AI buildout; the bill has not become law.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Stock tokens get a conditional opening.</strong> The SEC has granted certain venues temporary relief to trade tokenized U.S. listed stocks through permissioned automated market makers and liquidity pools. Trading limits apply, tokens must carry equivalent shareholder rights, and issuers must receive notice and an opportunity to object in specified cases. The interesting question now is what useful applications developers build around that access.</p><p style="margin:0px"><br /></p><h2>Translation</h2><p style="margin:0px">&#34;Price is what you pay. Value is what you get.&#34; — Warren Buffett, crediting Ben Graham for teaching him the saying.</p><p style="margin:0px"><br /></p><p style="margin:0px">Buffett has stepped down as Berkshire Hathaway chairman. His old price-versus-value test has a new subject: AI. The price is in the spending forecasts; the value is still making its way into the earnings reports.</p><p style="margin:0px"><br /></p><h2>New and Noteworthy</h2><p style="margin:0px"><strong style="font-weight:bolder">The AI buildout, from chips to power.</strong> <a target="_blank" href="https://www.mexc.com/futures/TSMCSTOCK_USDT" rel="noopener noreferrer">TSMC</a> manufactures the chips at the heart of the AI boom; <a target="_blank" href="https://www.mexc.com/futures/VICRSTOCK_USDT" rel="noopener noreferrer">Vicor</a> makes power components that help keep demanding systems running. Both now have Stock Futures on MEXC.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Beyond the data center.</strong> Also on Stock Futures: <a target="_blank"><span style="color:rgb( 0 , 0 , 0 );font-size:14px">Lenovo</span></a><span style="color:rgb( 0 , 0 , 0 );font-size:14px"> (HK0992) brings the story closer to the devices people use, while</span><a target="_blank" href="https://www.mexc.com/futures/TMOSTOCK_USDT" rel="noopener noreferrer"><span style="color:rgb( 0 , 0 , 0 );font-size:14px"> Thermo Fisher (TMO) takes us into the tools behind scientific research.</span></a></p><p style="margin:0px"><br /><strong style="font-weight:bolder">Before the bell.</strong> New Pre-IPO Futures feature <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-to-list-oura-pre-ipo-futures-on-sep-22-17827791538757" rel="noopener noreferrer">Oura</a> the smart ring maker, and <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-to-list-polymarket-pre-ipo-futures-on-sep-21-17827791538742" rel="noopener noreferrer">Polymarket</a>, the prediction market platform.</p><p style="margin:0px"><br /></p><h2>Before You Go</h2><p style="margin:0px">AI may be the big story this week, but there are a couple of ways to get closer to the companies behind it—and bring a friend along for the ride.</p><p style="margin:0px"><br /></p><p style="margin:0px"><a target="_blank" href="https://www.mexc.com/announcements/article/ipo-express-17827791538829" rel="noopener noreferrer">IPO Express: OURA</a> lets eligible users subscribe with USDT for exposure linked to the smart ring maker’s IPO performance through mirror credits, without buying shares.</p><p style="margin:0px"><br /></p><p style="margin:0px">And with <a target="_blank" href="https://www.mexc.com/announcements/article/real-stocks-real-friends-17827791538770" rel="noopener noreferrer">Real Stocks, Real Friends</a>, you can earn 15 USDT when a friend joins RealStocks, makes at least 100 USDT in net purchases, and holds for three days.</p>

<div><div><div>Effective from Sep 25, 2026, 00:00 (UTC), MEXC has adjusted the funding rate settlement frequency for the ONEUSDT Perpetual Futures pair. The new settlement frequency is now once every 1 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">Sep 25, 2026, 01:00 (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">&#43;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">Sep 25, 2026, 02:00 (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">&#43;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">Sep 25, 2026, 03:00 (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">&#43;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">Sep 25, 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">&#43;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">&#43;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 Sep 24, 2026, 17:15 (UTC), MEXC has adjusted the funding rate settlement frequency for the GUSDT 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">Sep 24, 2026, 20:00 (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">&#43;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">Sep 25, 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">&#43;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">Sep 25, 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">&#43;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">Sep 25, 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">&#43;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">&#43;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>MEXC will be delisting the CTOUSDT Perpetual Futures pair on Sep 27, 2026, 13:00 (UTC).<br /><br /> </div><div><strong style="font-weight:bolder">Please note:</strong><br /><br /> </div><ul style="list-style-type:disc"><li>MEXC will close all positions for the abovementioned trading pair at the fair price at the time of delisting.</li><li>All open orders of the abovementioned trading pair will be canceled upon delisting.</li><li>Users are encouraged to search the affected trading pair using the search bar and close any open positions before delisting to minimize risk and prevent potential loss.</li></ul><div><ul style="list-style-type:disc"><li>The abovementioned trading pair will also be simultaneously delisted from Demo Trading, if applicable.</li></ul></div><div><ul style="list-style-type:disc"><li>The abovementioned trading pair will also be simultaneously delisted from Futures Grid Trading, if applicable. Please disable the grid bot for the affected pair in time and consider trading other pairs.<br /><br /> </li></ul></div><div>Thank you for your continued support.</div>

<div><div style="white-space:normal">Due to network maintenance, MEXC will suspend withdrawals on EVM-based networks from <strong style="font-weight:bolder">04:00 to 05:00 (UTC) </strong>on September 28, 2026. Deposits will not be affected during this period.</div><div><br /></div><div>We apologize for any inconvenience this may cause. Thank you for your support!</div></div><div><br /></div>

<div><div><div>Effective from Sep 24, 2026, 10:40 (UTC), MEXC has adjusted the funding rate settlement frequency for the HK0992USDT 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">Sep 24, 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">&#43;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">Sep 24, 2026, 16:00 (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">&#43;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">Sep 24, 2026, 20:00 (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">&#43;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">Sep 25, 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">&#43;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">&#43;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 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"><p><span style="font-size:14px">To further expand trading opportunities and enhance your Futures trading experience, MEXC will launch</span> <strong style="font-weight:bolder">HK0992, VICR, TMO, PFE</strong> and <strong style="font-weight:bolder">WBD</strong> <span style="font-size:14px">Stock Futures on the Futures market. T</span><span style="color:rgb( 0 , 0 , 0 );font-size:14px">hese new listings offer a flexible and efficient way to gain exposure to some of the most prominent equities. </span><span style="font-size:14px">Futures trading will be available immediately upon listing, with Futures Grid Bot strategies available within 5 minutes of listing. </span></p><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%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px none rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:127px" width="127" /><col style="width:145px" width="145" /><col style="width:137px" width="137" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" 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" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="font-weight:bolder">Details</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" 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" 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" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/HK0992_USDT">HK0992USDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/VICRSTOCK_USDT">VICRUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/TMOSTOCK_USDT">TMOUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/PFESTOCK_USDT">PFEUSDT</a></strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/WBDSTOCK_USDT">WBDUSDT</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" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (UTC)</strong></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">Sep 24, 2026, 10:20 (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" 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" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><strong style="font-weight:bolder">20</strong>x</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><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" 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" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; Isolated</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">Cross &amp; 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" 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" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" colspan="1" rowspan="1"><div style="text-align:center">24/7</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></div></div><h2> </h2><h2><strong style="font-weight:bolder">Introduction</strong></h2><p><strong style="font-weight:bolder">HK0992USDT is a quanto contract in which the underlying asset is priced in HKD, while margin and P&amp;L are settled in USDT. For margining and settlement purposes, the price of the relevant Hong Kong stock on the HKEX is treated as if it were denominated in USDT on a one-to-one basis, without any foreign exchange conversion. The underlying asset is LENOVO GROUP LTD. (HKEX: 0992), Lenovo Group Ltd is an investment holding company primarily engaged in the development, manufacturing, and sales of technology products, as well as the provision of related services.</strong></p><p><strong style="font-weight:bolder">Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically powered devices in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components that provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as sells electrical and mechanical accessories. It also designs, sells, and services custom power system solutions. It serves independent manufacturers of electronic devices, original equipment manufacturers, original design manufacturers, and their contract manufacturers in the aerospace and aviation, defense electronics, satellites, factory automation, instrumentation, test equipment, transportation, telecommunications and networking infrastructure, and vehicle markets.</strong></p><p><strong style="font-weight:bolder">Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services internationally. It operates through four segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services. The Life Sciences Solutions segment includes reagents, instruments, and consumables for biological and medical research; discovery and production of drugs and vaccines; and diagnosis of infections and diseases.</strong></p><p><strong style="font-weight:bolder">Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States and internationally. It operates in three segments: Biopharma, PC1, and Pfizer Ignite. The company offers internal medicine products, including cardiovascular metabolic diseases products under the Eliquis brand; migraine products under the Nurtec ODT/Vydura and Zavzpret brand; vaccines under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and Paxlovid for the treatment of COVID-19.</strong></p><p><strong style="font-weight:bolder">Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks.</strong></p><p><br /></p><h2><strong style="font-weight:bolder">&#x1f389; 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&#39;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>&#x1f449; <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">SUIUSDT, SUIUSDC, SUIUSD1</strong> and <strong style="font-weight:bolder">SUIUSD</strong> Futures will officially conclude on <strong style="font-weight:bolder">Sep 28, 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&#39;t worry—the savings don&#39;t stop here!</div><div><br /></div><div><strong style="font-weight:bolder">&#x1f389; 100 Tokens, 0 Fees &#x1f389;</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">&#x1f389; MX Holder Benefits &#x1f389;</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>

<p style="margin:0px">A new IPO Express opportunity is here. Get ready for the OURA IPO Express event, where eligible users can subscribe to OURA with USDT to gain economic exposure linked to OURA&#39;s post-listing performance and receive mirror credits according to the event rules, without directly holding OURA 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 OURA&#39;s first trading day, MEXC will settle the credits based on the disclosed settlement rules and OURA&#39;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"><strong style="font-weight:bolder">Start Time:</strong> Sep 25, 2026, 10:00 (UTC)</p><p style="margin:0px"><strong style="font-weight:bolder">End Time: </strong>Subject to the actual progress of the OURA IPO</p><p style="margin:0px"><br /></p><p style="margin:0px">[Join Now]{https://www.mexc.com/launchpad/oura-pre/88?utm_source&#61;mexc&amp;utm_medium&#61;ann}</p><p style="margin:0px"><br /></p><h2>How to Participate</h2><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">1. Complete the requirements</strong></p><p style="margin:0px">• Complete Advanced KYC Verification</p><p style="margin:0px">• Deposit at least $100</p><p style="margin:0px">• Trade any amount in Spot (not including 0-fee pairs)</p><p style="margin:0px">• Reach the required Futures trading volume (including 0-fee Futures)</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">2. Submit your subscription</strong></p><p style="margin:0px">Select the available OURA subscription option and subscribe using the applicable asset.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">3. Receive your credits</strong></p><p style="margin:0px">Following a successful subscription, eligible users will receive mirror credits according to the event rules.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">4. Wait for settlement</strong></p><p style="margin:0px">After OURA&#39;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 $10,000,000.</p><p style="margin:0px"><strong style="font-weight:bolder">Please note that the subscription quota for this event does not equal the final allocation quota.</strong> Eligible users can subscribe with USDT through the following options:</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">1. New User Subscription</strong></p><p style="margin:0px">Audience: New users</p><p style="margin:0px">Quota: $2,500,000</p><p style="margin:0px">Individual Limit: 100–100,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">2. General Subscription</strong></p><p style="margin:0px">Audience: All eligible users</p><p style="margin:0px">Quota: $5,000,000</p><p style="margin:0px">Individual Limit: 100–100,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">3. Elite Subscription</strong></p><p style="margin:0px">Audience: Elite VVIP with an M-Score of 800 or above</p><p style="margin:0px">Quota: $2,500,000</p><p style="margin:0px">Individual Limit: 100–100,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px">Subscription price: $40–$44. 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 tasks during the event period:</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">New Users Only</strong></p><p style="margin:0px">• Trade $20,000 in Futures: Increase the subscription limit to 120,000 USDT</p><p style="margin:0px">• Trade $50,000 in Futures: Increase the subscription limit to 150,000 USDT</p><p style="margin:0px">• Trade $100,000 in Futures: Increase the subscription limit to 200,000 USDT</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">All Users</strong></p><p style="margin:0px">• Trade $50,000 in Futures: Increase the subscription limit to 120,000 USDT</p><p style="margin:0px">• Trade $100,000 in Futures: Increase the subscription limit to 150,000 USDT</p><p style="margin:0px">• Trade $200,000 in Futures: Increase the subscription limit to 200,000 USDT</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">• <strong style="font-weight:bolder">Simple, Streamlined Process:</strong> Complete your subscription through MEXC, with allocation and settlement handled according to the event rules.</p><p style="margin:0px">• <strong style="font-weight:bolder">Flexible Subscription Options:</strong> Choose from available USDT subscription options based on your eligibility.</p><p style="margin:0px">• <strong style="font-weight:bolder">No Direct Stock Ownership:</strong> Gain IPO-linked exposure through mirror credits without directly holding OURA shares.</p><p style="margin:0px"><br /></p><h2>Settlement</h2><p style="margin:0px">MEXC will settle the relevant credits 24 hours after OURA&#39;s first trading day based on the disclosed settlement rules and OURA&#39;s first-day closing price. The resulting settlement amount will then be credited to eligible users&#39; 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">• <strong style="font-weight:bolder">Subscription Fee:</strong> 0%</p><p style="margin:0px">• <strong style="font-weight:bolder">Selling Fee:</strong> 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 OURA&#39;s listing, the platform will use OURA&#39;s closing price on the first trading day as the settlement benchmark price and settle users&#39; mirror credits according to the event rules.</p><p style="margin:0px"><strong style="font-weight:bolder">Settlement Amount &#61; Successful Subscribed Amount &#43; Final Allocated Amount × [IPO Closing Price × (1 − Selling Fee Rate) − IPO Subscription Price × (1 &#43; Subscription Fee Rate)]</strong></p><p style="margin:0px"><br /></p><p style="margin:0px">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 OURA shares. The final settlement amount depends on the applicable settlement rules and OURA&#39;s market performance and may be lower than the user&#39;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 target="_blank" href="https://www.mexc.com/support/article/oura-ipo-express-faq-468826672844011520" rel="noopener noreferrer">IPO Express FAQ</a>.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Disclaimer</strong></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 OURA unless otherwise expressly disclosed by MEXC. MEXC provides users with economic exposure linked to the post-listing performance of OURA through the disclosed participation and settlement arrangements. Participation in this event does not provide direct ownership of OURA 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"><strong style="font-weight:bolder">Risk Warning</strong></p><p style="margin:0px">Participation in this event involves market risk. OURA&#39;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&#39;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>

<div>We are pleased to announce the addition of <strong style="font-weight:bolder">ONEUSDT</strong> and <strong style="font-weight:bolder">BRUSDT</strong> Futures to the 0-Fee Fest. Don&#39;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">Sep 28, 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: ONEUSDT and BRUSDT </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 &#43; 0% taker fees).</div><div><br /></div><div><strong style="font-weight:bolder">&#x1f389; 100 Tokens, 0 Fees &#x1f389;</strong></div><div>For more information on the 0-Fee Fest and the event trading pairs, please refer to the <a target="_blank" href="https://www.mexc.com/zero-fee" rel="noopener noreferrer">event page</a>.</div><div><br /></div><h2><strong style="font-weight:bolder">Important Notes:</strong></h2><ul style="list-style-type:disc" start="1"><li><div><span style="font-size:14px">During the event, trading fee discounts from other promotions will not apply to the above trading pairs.</span></div></li><li><div>During the event, the trading volume of the above trading pairs will only partially count towards other Futures events, including <a target="_blank" href="https://www.mexc.com/en-US/futures-activity/bonus" rel="noopener noreferrer">Get $10,000</a>, <a target="_blank" href="https://www.mexc.com/futures-mday?utm_source&#61;mexc&amp;utm_medium&#61;marketsbanner&amp;utm_campaign&#61;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&#39;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>

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