Cryptocurrency exchange MEXC reported significant growth across its traditional finance offerings in September, driven by heightened demand for artificial intelligence (AI) assets and semiconductor-focused derivatives. Trading volume for AI-related assets rose 88% month-over-month, while tokenized U.S. stock spot products saw an 81% increase, according to exchange data.
AI Trading Expands Beyond Chips
AI-linked products accounted for 48% of total tokenized U.S. stock and ETF spot trading volume on the platform, up from 44% in August. AI-related asset volume outpaced the 63% growth registered by non-AI assets during the same period.
Investor interest broadened beyond chipmakers to include peripheral infrastructure. Four subsectors posted monthly growth above 90%:
- Semiconductors and memory: 100%
- Optical communications and networking: 99%
- Power and energy equipment: 96%
- Computing infrastructure and data centers: 91%
AI companies claimed six of the top 10 positions for most-traded tokenized U.S. stocks and ETFs, generating 59% of the combined volume for that group. Crypto-related firms secured the remaining four spots, accounting for 41%. Within the top 10, assets linked to AI cloud services, chip design, and data center infrastructure jointly held a 38% share of volume.
Hardware Manufacturers Lead Derivatives
Derivatives trading remained heavily concentrated in hardware manufacturers. Semiconductor and memory assets held five of the top 10 positions by futures trading volume, representing 77% of the total among the top tier. Micron Technology, SK Hynix, and Sandisk Corp. took the top three spots, generating 67% of the top 10 volume combined. The Direxion Daily Semiconductor Bull 3X Shares ETF and Nvidia Corp. also placed within the top 10.
Pre-IPO Futures trading volume surged 60%, and semiconductor and memory assets accounted for 77% of the total volume among the top 10 Stock and Index Futures. MEXC expanded its traditional finance futures trading pairs by 15% during the month. Japanese stock futures grew 47%, and the exchange added a dedicated listing section for Taiwanese equities.
Among Pre-IPO contracts, Moonshot AI trading volume rose 115% month-over-month, Enflame gained 99%, and OpenAI grew 51%. The platform also introduced Pre-IPO futures for prediction platform Polymarket, memory maker YMTC, and health technology firm Oura.
The exchange currently supports more than 450 stock and index futures pairs, over 200 tokenized U.S. equities, and access to more than 7,000 U.S. stocks and ETFs via its RealStocks offering.
“September’s data show that demand for AI-related trading is expanding beyond chips into the broader value chain,” said MEXC Chief Executive Officer Vugar Usi. “For trading platforms, the challenge is not simply to expand asset coverage, but to adapt to users’ evolving trading needs.”
