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

<p style="margin:0px">Get ready for MEXC Win, the ultimate Futures team trading tournament! Form your team, enter the Infinity Arena, and compete for your share of the $10,000,000 prize pool.</p><p style="margin:0px"><br /></p><h2>Mark Your Calendar</h2><p style="margin:0px"><strong style="font-weight:bolder">Early Bird Registration:</strong> Aug 19, 2026, 12:00 (UTC) – Aug 25, 2026, 15:59 (UTC)</p><p style="margin:0px"><strong style="font-weight:bolder">Leader Registration:</strong> Aug 19, 2026, 12:00 – Sep 8, 2026, 15:55 (UTC)</p><p style="margin:0px"><strong style="font-weight:bolder">Team Formation:</strong> Aug 19, 2026, 12:00 (UTC) – Sep 15, 2026, 15:55 (UTC)</p><p style="margin:0px"><strong style="font-weight:bolder">Showdown Period:</strong> Aug 25, 2026, 16:00 (UTC) – Sep 15, 2026, 15:59 (UTC)</p><p style="margin:0px"><br /></p><p style="margin:0px">[Register Now]{https://www.mexc.com/futures-activity/team-competition/mexcwin2026}</p><p style="margin:0px"><br /></p><h2>More Participants = Bigger Prize Pool</h2><p style="margin:0px">The event kicks off with a 1,000,000 USDT prize pool, and the more users who join, the bigger the rewards become. Reach over 300,000 participants and watch the prize pool grow to an incredible 10,000,000 USDT!</p><p style="margin:0px"><br /></p><h2>How to Participate</h2><p style="margin:0px">1. Visit the event page and click <strong style="font-weight:bolder">Register Now</strong>.</p><p style="margin:0px">2. Become a leader or join a team.</p><p style="margin:0px">3. Start trading and completing tasks to compete for your share of the massive prize pool.</p><p style="margin:0px"><br /></p><h2>Event Arena</h2><p style="margin:0px"><br /></p><h3>Early Perks and Rewards</h3><p style="margin:0px">• <strong style="font-weight:bolder">Early Bird Bonus:</strong> Be among the first 1,000 users to reach $50,000 in trading volume and share a 10,000 USDT Futures bonus pool. First come, first served!</p><p style="margin:0px">• <strong style="font-weight:bolder">Team Leader Perks:</strong> Leaders of the first 100 teams to reach 10 eligible members will each receive 100 USDT in airdrops.</p><p style="margin:0px">• <strong style="font-weight:bolder">Popularity Prize:</strong> Leaders of the 20 teams with the most qualified members will each receive 500 USDT in airdrops.</p><p style="margin:0px"><br /></p><h3>Team PNL Leaderboard: 15% of Total Prize Pool</h3><p style="margin:0px">The top 10 teams with the highest PNL will share 15% of the total prize pool, distributed based on their rankings.</p><p style="margin:0px">• <strong style="font-weight:bolder">Leader:</strong> Receives 20% of the team's allocated share</p><p style="margin:0px">• <strong style="font-weight:bolder">Top 20 Members by PNL:</strong> Share 30% of the team's allocated share</p><p style="margin:0px">• The remaining 50% is split equally among all members who met the trading volume requirements</p><p style="margin:0px"><br /></p><h3>Daily Lucky Spin: 60% of Total Prize Pool</h3><p style="margin:0px">Guaranteed rewards of up to <strong style="font-weight:bolder">2,026 USDT</strong>! Complete tasks to spin the wheel and grab your share of the Futures bonus pool.</p><p style="margin:0px">• <strong style="font-weight:bolder">Basic Pool:</strong> Complete Earn, Spot, or Fiat tasks for a chance to win rewards</p><p style="margin:0px">• <strong style="font-weight:bolder">Advanced Pool:</strong> Complete Futures trading tasks for a higher chance of winning bigger rewards</p><p style="margin:0px"><br /></p><h3>Solo Leaderboard Battle: 25% of Total Prize Pool</h3><p style="margin:0px">Reach a cumulative USDT-M Futures trading volume of at least 20,000 USDT to qualify for the following leaderboards.</p><p style="margin:0px">• <strong style="font-weight:bolder">Daily Trading Volume Leaderboard</strong></p><p style="margin:0px">The top 200 users will share 20% of the total prize pool in Futures bonuses based on their daily trading volume rankings.</p><p style="margin:0px">• <strong style="font-weight:bolder">Stock Futures PNL Rate Leaderboard</strong></p><p style="margin:0px">The top 100 users will share 5% of the total prize pool in Futures bonuses and USDT airdrops based on their PNL rate.</p><p style="margin:0px"><br /></p><p style="margin:0px">Notes:</p><p style="margin:0px">• Participants competing on the PNL Rate Leaderboard must achieve a trading volume of over 50,000 USDT. Only users with positive PNL and PNL rate are eligible to share the prize pool.</p><p style="margin:0px">• In case of a tie, the participant with the higher trading volume ranks higher.</p><p style="margin:0px"><br /></p><p style="margin:0px">Terms and conditions apply. Please refer to the <a target="_blank" href="https://www.mexc.com/futures-activity/team-competition/mexcwin2026" rel="noopener noreferrer">event page</a> for further details.</p>

<p style="margin:0px">As part of our ongoing efforts to enhance the trading experience and support the platform's sustainable growth, MEXC has adjusted the standard fee rates for Futures trading in Kosovo.</p><p style="margin:0px"><br /></p><h2>Fee Rate Adjustment Details</h2><p style="margin:0px">• Effective Date & Time: <strong style="font-weight:bolder">Sep 1, 2026, 16:00 (UTC)</strong></p><p style="margin:0px">• Adjusted Standard Fee Rate: <strong style="font-weight:bolder">Maker 0.01%, Taker 0.04%</strong></p><p style="margin:0px"><br /></p><p style="margin:0px">Users are encouraged to review their trading strategies and positions to better align with the updated fee rates. For more details, please refer to the trading page.</p><p style="margin:0px"><br /></p><p style="margin:0px">Thank you for your continued trust and support.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Terms and Conditions</strong></p><p style="margin:0px">• This adjustment applies only to users in Kosovo.</p><p style="margin:0px">• All participating users must strictly abide by the MEXC Terms of Service. MEXC reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.</p><p style="margin:0px">• MEXC reserves the right to modify, suspend, or terminate this promotion at any time without prior notice, including but not limited to situations involving market instability, risk exposure, or abnormal trading activity.</p><p style="margin:0px">• MEXC reserves the right of final interpretation for this event. If you have any questions, please contact the Customer Service team.</p>

<p><strong style="font-weight:bolder">SHEIN Global Holdings Limited</strong> (00625.HK)<span style="color:hsl( 0 , 0% , 0% )"> </span>is expected to complete its initial public offering (IPO) on <strong style="font-weight:bolder">Sep 1, 2026</strong>.</p><div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div>To ensure a seamless trading experience, MEXC will convert the <strong style="font-weight:bolder">SHEINUSDT</strong> Pre-IPO Futures into standard <strong style="font-weight:bolder">SHEINUSDT</strong> Futures between <strong style="font-weight:bolder">Sep 1, 2026, 01:30 (UTC)</strong> and <strong style="font-weight:bolder">Sep 1, 2026, 08:00 (UTC)</strong>. <strong style="font-weight:bolder">The exact conversion time will depend on the actual opening time of SHEIN Global Holdings Limited stock trading.</strong></div><div><br /> </div><div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div>[Trade <strong style="font-weight:bolder">SHEINUSDT</strong> Here]{<!-- --><strong style="font-weight:bolder"><a href="https://www.mexc.com/futures/SHEINSTOCK_USDT">https://www.mexc.com/futures/SHEINSTOCK_USDT</a></strong>}<br /> </div><div><br /></div></div><p><strong style="font-weight:bolder">Details are as follows:</strong></p><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%"><table style="height:100%;width:100%;border:medium double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:100px" width="100" /><col style="width:233px" width="233" /><col style="width:162px" width="162" /><col style="width:151px" width="151" /></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">Futures</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">Estimated Conversion Time</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">Leverage</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">Margin Mode</strong></div></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><strong style="font-weight:bolder">SHEINUSDT</strong></p></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">Sep 1, 2026, 01:30 (UTC)</strong> – </div><div style="text-align:center"><strong style="font-weight:bolder">Sep 1, 2026, 08:00 (UTC)</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">1</strong>x – <strong style="font-weight:bolder">25</strong>x</div><div style="text-align:center"><span style="color:hsl( 0 , 0% , 0% )">(Adjustable)</span></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"><span style="color:hsl( 0 , 0% , 0% )">Cross/Isolated</span></div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></figure></div><h2> </h2><h2>After Conversion</h2><ul style="list-style-type:disc" start="1"><li><div>The <strong style="font-weight:bolder">SHEINUSDT</strong> Pre-IPO Futures will be automatically converted to standard <strong style="font-weight:bolder">SHEINUSDT</strong> Futures.</div></li><li><div>Futures trading will remain uninterrupted throughout the conversion process.</div></li><li><div>Existing positions, open orders, and historical order records will not be affected.</div></li><li><div>No further action is required by users.</div></li></ul><h2>Important Notes</h2><ul style="list-style-type:disc" start="1"><li><div>Significant price volatility may occur before and after the listing. Please manage your positions prudently and be aware of the associated risks.</div></li><li><div>If <strong style="font-weight:bolder">SHEIN Global Holdings Limited</strong> does not officially list as expected on <strong style="font-weight:bolder">Sep 1, 2026</strong>, the conversion schedule for <strong style="font-weight:bolder">SHEINUSDT</strong> Pre-IPO Futures will be adjusted accordingly based on the actual listing progress in the traditional financial markets.</div></li><li><div>MEXC will complete the conversion from the <strong style="font-weight:bolder">SHEINUSDT</strong> Pre-IPO Futures to the standard <strong style="font-weight:bolder">SHEINUSDT</strong> Futures as soon as possible after <strong style="font-weight:bolder">SHEIN Global Holdings Limited</strong> completes its opening auction and officially begins trading in the traditional financial markets, provided that the index price remains stable.</div></li><li><div>If the index price remains highly volatile or fails to meet stability standards, <strong style="font-weight:bolder">the conversion may be delayed, or the Futures may be delisted and relisted </strong>instead. Please refer to subsequent MEXC announcements for the final conversion arrangements.</div></li></ul><div><br /></div><div>Thank you for trading with MEXC Futures!</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">IGV, OKTA</strong><span style="font-size:14px"><strong style="font-weight:bolder">,</strong> and </span><strong style="font-weight:bolder">AMKR</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><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%"><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" /></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></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/IGV_USDT">IGVUSDT</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/OKTASTOCK_USDT">OKTAUSDT</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/AMKRSTOCK_USDT">AMKRUSDT</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">Aug 31, 2026, 15:15 (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">Aug 31, 2026, 15:15 (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">Aug 31, 2026, 15:15 (UTC)</strong></td></tr><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center" 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></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 & 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 & 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 & 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></tr></tbody></table></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">iShares Expanded Tech-Software Sector ETF provides highly concentrated exposure to the global enterprise cloud software, operating systems, and SaaS infrastructure landscape. Its underlying index holds heavy allocations in Microsoft, Salesforce, Adobe, and ServiceNow, offering a clean, chip-free investment vehicle that reflects long-term enterprise technology budget trends and software demand.</strong></p><p><strong style="font-weight:bolder">Okta, Inc. operates as an identity partner in the United States and internationally. It offers Single Sign-on to secure access to cloud and on-premises applications from any device; Adaptive MFA for a risk-based layer of security for an organization’s cloud, mobile, and web applications; API Access Management, which enables organizations to secure APIs as systems; Access Gateway, which extends the Okta platform to hybrid IT environments; Okta Device Access, which extends Okta platform’s secure access management to the device login experience; Universal Directory for a cloud-based system of record. The company also provides Identity Threat Protection; Identity Security Posture Management for security measures and safeguards digital assets; Okta for AI Agents to discover, register, authenticate, govern, and manage AI Agents; Identity Governance and Administration products, including Lifecycle Management, Okta Workflows, Okta Identity Governance, and Cross App Access; Advanced Server Access for continuous and contextual access management to secure cloud infrastructure; and Okta Privileged Access to reduce risk with unified access and governance management.</strong></p><p><strong style="font-weight:bolder">Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, burn-in, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage. The company provides wafer-level CSP packages for power management, transceivers, sensors, wireless charging, codecs, and specialty silicon; wafer-level fan-out packages used in power management, transceivers, radar, and specialty silicon; silicon wafer integrated fan-out technology that replaces a laminate substrate with a thinner structure; leadframe packages for electronic devices and mixed-signal applications; and substrate-based wirebond packages used to connect a die to a substrate.</strong></p><h2> </h2><h2><strong style="font-weight:bolder">🎉 Limited-Time Offer: Enjoy 0 Trading Fees</strong></h2><div>Enjoy 0 trading fees on the Stock Futures for a limited time! This fee update only applies to select users in specific regions. Please check your account's <a target="_blank" href="https://www.mexc.com/fee" rel="noopener noreferrer">fee page</a> or trading page for the latest rates.</div><div>👉 <a target="_blank" href="https://www.mexc.com/futures/stock-futures" rel="noopener noreferrer">Learn more about Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Related Articles:</strong></div><div><a target="_blank" href="https://www.mexc.com/learn/article/how-to-trade-stock-futures-on-mexc/1" rel="noopener noreferrer">How to Trade Stock Futures on MEXC</a></div><div><br /></div><div><strong style="font-weight:bolder">Important Notes</strong></div><div>• Corporate actions (e.g., dividends, stock splits, reverse splits) may cause sharp price movements. Depending on market conditions, the platform may implement measures including early settlement or position adjustments. Users should monitor relevant announcements and manage risks to avoid unexpected losses.</div><div>• Stocks may trigger a circuit breaker due to market conditions. If triggered, trading will be halted and orders cannot be executed. No liquidation will occur, and existing orders can still be canceled. Please monitor the market, manage your positions, and refer to the official circuit breaker announcement for details.</div><div>• Availability of Stock Futures may vary by region due to regulatory restrictions. Certain jurisdictions may not support these products. Please refer to the <a target="_blank" href="https://www.mexc.com/terms" rel="noopener noreferrer">User Agreement</a> for full details.</div><div>• MEXC reserves the right to adjust the list of supported regions at any time based on operational and compliance considerations.</div></div>

<div><div>MEXC will support the Unipoly Coin (UNP) contract swap with the following arrangements:</div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>Deposits of UNP have been closed.</div></li><li>Withdrawals of UNP will be closed from <strong style="font-weight:bolder">Sep 1, 2026, 08:00 (UTC)</strong>.</li><li style="text-align:left"><div>UNP trading will not be affected during the contract swap.</div></li><li style="text-align:left"><div><strong style="font-weight:bolder">The token swap will be executed at</strong> <strong style="font-weight:bolder">a ratio of 1:1.</strong></div></li><li style="text-align:left"><div>The UNP token ticker will remain unchanged after the contract swap.</div></li></ul><div><strong style="font-weight:bolder">Important Notes</strong></div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>MEXC will not swap UNP tokens deposited after deposit closure.</div></li><li style="text-align:left"><div>MEXC will provide support to users holding UNP tokens in their MEXC accounts, assisting with any technical issues that may arise.</div></li><li style="text-align:left"><div>MEXC will no longer support deposits for old UNP tokens once the token swap is complete. Please confirm the token type before depositing to avoid any asset losses.</div></li><li style="text-align:left"><div>A separate announcement will be made after the token swap is complete.</div></li></ul><div><strong style="font-weight:bolder">Relevant Contract Addresses</strong></div><div>Former Contract Address：</div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><a href="https://etherscan.io/token/0x23d7Ff057c696fEE679c60cEf61Fee6614218f04">https://etherscan.io/token/0x23d7Ff057c696fEE679c60cEf61Fee6614218f04</a></li></ul><div><strong style="font-weight:bolder">New Contract Address：</strong></div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><strong style="font-weight:bolder"><a href="https://explorer.unpchain.com">https://explorer.unpchain.com</a></strong></li></ul><div>For more information, please refer to the official <a href="https://x.com/unipolycoin/status/2090698047034642624?s=46&t=fDcSZ6p9XVYHQF-yzJoYnw">project team announcement</a>. If you need assistance or further clarification, feel free to reach out to our online customer service.</div><div><br /></div><div>Thank you for your understanding and cooperation.</div></div>

<p style="margin:0px">The first MEXC IPO Express event, featuring SHEIN, has now completed subscription.</p><p style="margin:0px"><br /></p><p style="margin:0px">In accordance with the event rules, the closing price of SHEIN on its first trading day will be used as the settlement benchmark. Settlement amounts will be distributed within 24 hours after the market close.</p><p style="margin:0px"><br /></p><p style="margin:0px">Eligible participants will also receive additional participation rewards based on their subscription amount.</p><p style="margin:0px"><br /></p><h2>Settlement Details</h2><p style="margin:0px">• Subscription Price: 6.19 USDT (approximately 48.56 HKD)</p><p style="margin:0px">• SHEIN First-Day Closing Price: To be determined</p><p style="margin:0px">• Settlement Difference per Share: To be determined</p><p style="margin:0px">• Settlement Date: Sep 1, 2026</p><p style="margin:0px">• Settlement Method: Calculated in accordance with the settlement rules published on the event page</p><p style="margin:0px">• Fees: Total subscription fees of approximately 1.0085%. A 0.5% selling fee, calculated based on the settlement amount, will be deducted at settlement.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Settlement Reference</strong></p><p style="margin:0px">Settlement Gain/Loss = Final Allocation × [IPO Closing Price - IPO Subscription Price × (1 + Total Fee Rate)]</p><p style="margin:0px"><br /></p><h2>IPO Express First-Phase Participation Rewards</h2><p style="margin:0px">Eligible participants who completed their subscription during the Aug 27, 2026 – Aug 31, 2026 event period and passed risk review will receive additional SHEIN position airdrops and APR boosters based on their subscription amount. Participants can view their rewards<a target="_blank" href="https://www.mexc.com/my-rewards/voucher" rel="noopener noreferrer">here</a></p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">• APR Booster</strong></p><p style="margin:0px">5-Day 8% APR booster for USDT Flexible Savings</p><p style="margin:0px"><strong style="font-weight:bolder">• Position Airdrop</strong></p><p style="margin:0px">SHEINUSDT Futures position worth up to $200</p><p style="margin:0px"><br /></p><p style="margin:0px">For more information on position airdrops, please refer to the usage instructions <a target="_blank" href="https://www.mexc.com/learn/article/usage-instructions-for-futures-bonus-position-airdrop-and-vouchers/2" rel="noopener noreferrer">here</a>.</p><p style="margin:0px"><br /></p><p style="margin:0px">For more information on APR boosters, please refer to the FAQ <a target="_blank" href="https://www.mexc.com/support/article/faq-on-mexc-apr-booster-279392252580178944" rel="noopener noreferrer">here</a>.</p><p style="margin:0px"><br /></p><p style="margin:0px">Thank you for participating in the first MEXC IPO Express event and for your continued support.</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 SHEIN unless otherwise expressly disclosed by MEXC. MEXC provides users with economic exposure linked to the post-listing performance of SHEIN through the disclosed participation and settlement arrangements. Participation in this event does not provide direct ownership of SHEIN shares. The event schedule, allocation, settlement arrangements, and other details may be subject to change. Please refer to the IPO Express page for the latest information.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Risk Warning</strong></p><p style="margin:0px">IPO-linked exposure involves market risk, and post-listing price movements may result in a settlement amount below the original subscription amount. The underlying asset's market performance after listing is uncertain and may result in losses. If the closing price on the first day of listing is lower than the subscription price, or if the price difference is insufficient to cover the subscription and selling fees, the final settlement amount may be lower than the user's subscription amount, resulting in a loss relative to the original subscription amount. 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><div>As requested by the Flow (FLOW) project team, MEXC has temporarily suspended FLOW deposits.</div><div><br /></div><div>We apologize for any inconvenience this may cause. Thank you for your support!</div></div><div><br /></div>

<p 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"><span style="font-size:14px">In accordance with the dividend distribution schedules of the underlying companies, SLB (Schlumberger), HAL (Halliburton Company) and FOXA (Fox Corporation) Stock Futures will undergo a cash dividend settlement. Users holding positions in the relevant Stock Futures are advised to take note of the following information.</span></p><h2>Schedule</h2><ul style="list-style-type:disc"><li><span style="font-size:14px">Sep 1, 2026, 23:30 (UTC): Relevant Stock Futures enter <i>Reduce-Only</i> mode.</span></li><li><span style="font-size:14px">Sep 2, 2026, 00:00 (UTC): Cash dividend settlement is executed.</span></li><li><span style="font-size:14px">Sep 2, 2026, 00:01 (UTC): Normal trading and regular funding fee mechanisms resume.</span></li></ul><h2>Dividend Information</h2><div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:medium double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:100px" width="100" /><col style="width:100px" width="100" /><col style="width:100px" width="100" /></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><strong style="font-weight:bolder">Stock Futures</strong></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><strong style="font-weight:bolder">Dividend per Share (USD)</strong></p></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">Dividend Yield% </strong></div><div style="text-align:center"><strong style="font-weight:bolder">(Estimated, Non-Annualized)</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;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a href="https://www.mexc.com/futures/SLBSTOCK_USDT">SLBUSDT</a></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ 0.295</span></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ </span>0.55<span style="color:hsl( 0 , 0% , 0% )">%</span></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a href="https://www.mexc.com/futures/HALSTOCK_USDT">HALUSDT</a></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ 0.17</span></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ </span>0.49<span style="color:hsl( 0 , 0% , 0% )">%</span></p></td></tr><tr><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a href="https://www.mexc.com/futures/FOXASTOCK_USDT">FOXAUSDT</a></p></td><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ 0.29</span></p></td><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ </span>0.42<span style="color:hsl( 0 , 0% , 0% )">%</span></p></td></tr></tbody></table></figure></figure></figure></figure></figure></div></div><p><br /></p><h2>Settlement Rules</h2><p 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">To eliminate the price gap caused by the natural decline in the underlying asset price on the ex-dividend date, MEXC will conduct a one-time special funding fee settlement at Sep 2, 2026, 00:00 (UTC).</p><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"><h3>During the settlement: </h3><ul style="list-style-type:disc" start="1"><li><div><strong style="font-weight:bolder">Long position holders</strong> will receive the corresponding dividend amount based on their position size, credited to their accounts as a funding fee adjustment.</div></li><li><div><strong style="font-weight:bolder">Short position holders</strong> will pay the corresponding dividend amount based on their position size, deducted from their accounts as a funding fee adjustment.</div></li><li><div><strong style="font-weight:bolder">Eligible positions</strong> will be determined based on a position snapshot taken at the settlement time. Users without open positions at the settlement time will not participate in the settlement.</div></li><li><div><span style="color:hsl( 0 , 0% , 0% )">Actual dividend amounts are subject to the final amounts credited to your account.</span></div></li></ul><h2>Important Notes</h2><ul style="list-style-type:disc" start="1"><li><div>If you do not wish to participate in the cash dividend settlement, please close your positions before Sep 2, 2026, 00:00 (UTC).</div></li><li><div>Funding fee adjustments resulting from this settlement will be reflected in your account transaction history immediately after settlement.</div></li><li><div>Position closing remains available during the dividend settlement period.</div></li><li><div>Dividend amounts are subject to the official figures announced on the ex-dividend date. Any adjustments will be communicated separately.</div></li></ul><h2>Important Risk Warning for Short Position Holders</h2><ul style="list-style-type:disc" start="1"><li><div>Cash dividend payments will be directly deducted from short positions as funding fees, which may result in insufficient margin. Please ensure your account maintains sufficient margin before settlement to avoid the risk of liquidation.</div></li><li><div><strong style="font-weight:bolder">Recommended Actions:</strong></div><ul style="list-style-type:circle"><li><div>Review and replenish margin before Sep 2, 2026, 00:00 (UTC).</div></li><li><div>Close relevant short positions in advance if you do not wish to bear the dividend deduction.</div></li><li><div>Highly leveraged short positions may experience a decline in margin ratio due to dividend deductions and, in extreme cases, could face liquidation.</div></li></ul></li></ul><h2>Important Risk Warning for Long Position Holders</h2><ul style="list-style-type:disc" start="1"><li><div>The ex-dividend date may cause a natural market price decline, which could lower the margin ratio and trigger the risk of liquidation.</div></li><li><div><strong style="font-weight:bolder">Recommended Actions:</strong></div><ul style="list-style-type:circle"><li><div>Review and replenish margin before Sep 2, 2026, 00:00 (UTC).</div></li><li><div>Close relevant long positions in advance if you do not wish to bear the risk of market decline.</div></li><li><div>Highly leveraged long positions may experience a decline in margin ratio due to price declines and, in extreme cases, could face liquidation.</div></li></ul></li></ul><div>Thank you for your continued support.</div></div>

<p 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"><span style="font-size:14px">In accordance with the dividend distribution schedules of the underlying companies, WEN (The Wendy's Company) and LMT (Lockheed Martin Corporation) Stock Futures will undergo a cash dividend settlement. Users holding positions in the relevant Stock Futures are advised to take note of the following information.</span></p><h2>Schedule</h2><ul style="list-style-type:disc"><li><span style="font-size:14px">Aug 31, 2026, 23:30 (UTC): Relevant Stock Futures enter <i>Reduce-Only</i> mode.</span></li><li><span style="font-size:14px">Sep 1, 2026, 00:00 (UTC): Cash dividend settlement is executed.</span></li><li><span style="font-size:14px">Sep 1, 2026, 00:01 (UTC): Normal trading and regular funding fee mechanisms resume.</span></li></ul><h2>Dividend Information</h2><div style="color:rgb( 0 , 0 , 0 );font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px"><div><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:medium double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px;table-layout:fixed"><colgroup><col style="width:100px" width="100" /><col style="width:100px" width="100" /><col style="width:100px" width="100" /></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><strong style="font-weight:bolder">Stock Futures</strong></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><strong style="font-weight:bolder">Dividend per Share (USD)</strong></p></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">Dividend Yield% </strong></div><div style="text-align:center"><strong style="font-weight:bolder">(Estimated, Non-Annualized)</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;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a href="https://www.mexc.com/futures/WENSTOCK_USDT">WENUSDT</a></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ 0.07</span></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ </span>0.9<span style="color:hsl( 0 , 0% , 0% )">%</span></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><a href="https://www.mexc.com/futures/LMTSTOCK_USDT">LMTUSDT</a></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ 3.45</span></p></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"><p style="margin-top:0px;margin-bottom:0px;text-align:center"><span style="color:hsl( 0 , 0% , 0% )">≈ </span>0.62<span style="color:hsl( 0 , 0% , 0% )">%</span></p></td></tr></tbody></table></figure></figure></figure></figure></figure></div></div><p><br /></p><h2>Settlement Rules</h2><p 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">To eliminate the price gap caused by the natural decline in the underlying asset price on the ex-dividend date, MEXC will conduct a one-time special funding fee settlement at Sep 1, 2026, 00:00 (UTC).</p><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"><h3>During the settlement: </h3><ul style="list-style-type:disc" start="1"><li><div><strong style="font-weight:bolder">Long position holders</strong> will receive the corresponding dividend amount based on their position size, credited to their accounts as a funding fee adjustment.</div></li><li><div><strong style="font-weight:bolder">Short position holders</strong> will pay the corresponding dividend amount based on their position size, deducted from their accounts as a funding fee adjustment.</div></li><li><div><strong style="font-weight:bolder">Eligible positions</strong> will be determined based on a position snapshot taken at the settlement time. Users without open positions at the settlement time will not participate in the settlement.</div></li><li><div><span style="color:hsl( 0 , 0% , 0% )">Actual dividend amounts are subject to the final amounts credited to your account.</span></div></li></ul><h2>Important Notes</h2><ul style="list-style-type:disc" start="1"><li><div>If you do not wish to participate in the cash dividend settlement, please close your positions before Sep 1, 2026, 00:00 (UTC).</div></li><li><div>Funding fee adjustments resulting from this settlement will be reflected in your account transaction history immediately after settlement.</div></li><li><div>Position closing remains available during the dividend settlement period.</div></li><li><div>Dividend amounts are subject to the official figures announced on the ex-dividend date. Any adjustments will be communicated separately.</div></li></ul><h2>Important Risk Warning for Short Position Holders</h2><ul style="list-style-type:disc" start="1"><li><div>Cash dividend payments will be directly deducted from short positions as funding fees, which may result in insufficient margin. Please ensure your account maintains sufficient margin before settlement to avoid the risk of liquidation.</div></li><li><div><strong style="font-weight:bolder">Recommended Actions:</strong></div><ul style="list-style-type:circle"><li><div>Review and replenish margin before Sep 1, 2026, 00:00 (UTC).</div></li><li><div>Close relevant short positions in advance if you do not wish to bear the dividend deduction.</div></li><li><div>Highly leveraged short positions may experience a decline in margin ratio due to dividend deductions and, in extreme cases, could face liquidation.</div></li></ul></li></ul><h2>Important Risk Warning for Long Position Holders</h2><ul style="list-style-type:disc" start="1"><li><div>The ex-dividend date may cause a natural market price decline, which could lower the margin ratio and trigger the risk of liquidation.</div></li><li><div><strong style="font-weight:bolder">Recommended Actions:</strong></div><ul style="list-style-type:circle"><li><div>Review and replenish margin before Sep 1, 2026, 00:00 (UTC).</div></li><li><div>Close relevant long positions in advance if you do not wish to bear the risk of market decline.</div></li><li><div>Highly leveraged long positions may experience a decline in margin ratio due to price declines and, in extreme cases, could face liquidation.</div></li></ul></li></ul><div>Thank you for your continued support.</div></div>