MEXC Lists USDe (USDE) in the Innovation Zone with a $1M Reward Pool

MEXC, the world’s leading cryptocurrency trading platform, has announced the listing of the Ethena USDe (USDE) in the Innovation Zone

MEXC, a leading cryptocurrency trading platform, is thrilled to announce the listing of Ethena USDe (USDE) in the Innovation Zone and open USDE-related trading pairs. To celebrate this significant milestone, MEXC is inviting all users to join in the fun with a $1,000,000 reward pool for those who participate in the USDe & ENA-related events.

Since their inception, stablecoins have played an integral role in the crypto ecosystem. However, many face limitations due to dependence on centralized custodians and traditional banking infrastructure. Issued by the Ethereum-based DeFi platform Ethena (ENA), USDe is a fully decentralized synthetic USD asset that leverages delta-neutral hedging to maintain a soft peg to the U.S. dollar without overcollateralization or central custody.

Unlike typical stablecoins, USDe utilizes smart contracts to automatically open and close perpetual short positions, ensuring scalability and stability. In a move to further support stablecoin adoption, MEXC has also purchased $20 million in USDe.

As a global leader in digital asset trading, MEXC’s listing of USDe and USDE-related trading pairs highlights the growing importance of decentralized stable assets in the evolving DeFi landscape. This initiative also reaffirms MEXC’s commitment to supporting innovative blockchain solutions and promoting decentralized finance. With strong liquidity and broad market coverage, MEXC provides the ideal environment for projects like USDe to thrive and unlock new possibilities in the digital economy.

With a $1,000,000 prize pool up for grabs, users can participate in four major activities:

• Zero-Fee Trading: Enjoy zero-fee trading on select USDE and ENA trading pairs during the event period.

• High Yield USDe Holding: Earn attractive yields of up to 10% APR simply by holding USDe tokens, with no additional staking or locking required.

• ENA New User Staking: For a limited time, new users who join the ENA staking program can enjoy yields of up to 400% APR, further maximizing their earnings.

• USDE & ENA Trading Competition: Active traders can participate in a trading competition with a substantial prize pool of 300,000 USDT in Futures bonuses, rewarding various levels of trading activity.

Those who prefer a more flexible approach can participate in the flexible savings plans, depositing supported tokens to earn interest with no lock-up period and daily interest calculation. Alternatively, those seeking higher potential returns can opt for the fixed-term savings plans, requiring a set commitment of 14 days or more, with interest paid at the end of the term.

In addition to listing a wide range of tokens and trading pairs, MEXC provides various financial products designed to help crypto holders generate passive income. Flexible and fixed-term savings plans allow deposits of supported tokens to earn interest. Flexible savings incur no lock-up period and deliver daily interest, while fixed-term savings require a set commitment but offer higher potential returns. Through these offerings, MEXC continues to expand its ecosystem, providing a multifaceted approach to digital asset growth that caters to both new and experienced market participants.

Known for quickly listing trending tokens, such as PEPE and WMEME, which attracted millions of users, MEXC is now adding USDe (USDE) to its Innovation Zone. The USDE/USDT trading market will open on February 27, 2025, at 10:00 (UTC), while ENA/USDE, BTC/USDE, ETH/USDE, SOL/USDE, and XRP/USDE will open at 11:00 (UTC).

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets.

MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

Stay tuned for more updates and exciting news from MEXC!