<p style="margin:0px">Good earnings are no longer enough to push stocks higher. As investors reassess risk, positioning and deleveraging are starting to matter more than fundamentals. When everyone wants to get a little less aggressive, what gets sold first?</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>New and Noteworthy</h2><p style="margin:0px">• <a target="_blank" href="https://www.mexc.com/announcements/article/first-in-market-17827791537152" rel="noopener noreferrer">GRVT</a> Is Here: The world's first licensed perpetual DEX has entered the trading lineup—one to watch as on-chain trading evolves.</p><p style="margin:0px"><br /></p><p style="margin:0px">• <a target="_blank" href="https://www.mexc.com/announcements/article/first-in-market-17827791537098" rel="noopener noreferrer">AEON</a> Joins the Market: Trade AEON, a new crypto settlement project building infrastructure for the next wave of adoption.</p><p style="margin:0px"><br /></p><p style="margin:0px">• More Index Futures, 0 Fees: <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-to-list-xlv-and-bito-index-futures-on-jul-29-with-0-fee-trading-17827791537125" rel="noopener noreferrer">XLV and BITO</a> are now available, giving you more ways to take positions across healthcare and Bitcoin exposure.</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><h2>Five Things You Need to Know</h2><p style="margin:0px"><strong style="font-weight:bolder">Markets don't always sell their weakest names first.</strong> Often they sell what everyone already owns. Turns out being popular has its downsides, even for stocks. That's the AI trade right now.</p><p style="margin:0px"><br /></p><p style="margin:0px">Bank of America's latest Global Fund Manager Survey shows 45% of managers now call an AI bubble the market's biggest tail risk, well ahead of inflation (26%) or disorderly bond yields (14%). Even sharper: a record 82% call long semiconductors the world's most crowded trade. Apparently everyone got the same memo.</p><p style="margin:0px"><br /></p><p style="margin:0px">This isn't a loss of faith in AI. Most managers still expect hyperscalers to keep spending aggressively, and nearly half don't think AI stocks are in a bubble at all. What's changed is the math: when everyone owns the same winners, good news barely moves anything, while a small stumble can trigger broad selling.</p><p style="margin:0px"><br /></p><p style="margin:0px">That helps explain why several AI and semiconductor leaders struggled to extend gains despite reporting solid results. Nobody rewrote their model of the future overnight. Hedge funds just entered summer over-leveraged and crowded into the same names, making the popular trade the easy one to sell.</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/F20260731120432370v6oQsNuyjqeCjy.png" width="1200" height="682" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">When a crowded trade unwinds, the money flips sides.</strong> Since the market peaked in early June, the Magnificent Seven fell more than 8% and semiconductors dropped about 19%. Yet roughly two-thirds of S&P 500 companies gained, eight of the eleven sectors moved higher, and the equal-weight index rose nearly 4%. Healthcare and financials, both largely ignored during the AI rally, led the bounce.</p><p style="margin:0px"><br /></p><p style="margin:0px">At first glance, that looks as though investors discovered new conviction in the rest of the market. The more likely explanation? Yesterday's winners were funding today's rebound. Market-neutral funds that were long momentum winners and short the laggards got hit on both sides at once: their longs fell, their shorts rose, and managers cut exposure to control the damage. The Morgan Stanley Sector-Neutral Momentum Index reportedly dropped 17.4% in four sessions, and Asia-focused long-short funds fell about 18.6% for July, on pace for their worst month on record.</p><p style="margin:0px"><br /></p><p style="margin:0px">Once losses reach that scale, selling becomes self-reinforcing. Funds reduce their profitable long positions to lower gross exposure. They also buy back shorts that are rising against them. That combination pushes crowded winners lower while lifting stocks that had previously lagged, even when little has changed in the underlying earnings outlook for either group.</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/F20260731120439369qBi19Bt0YTMw8K.png" width="735" height="509" /></p></figure><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Central banks delivered plenty of decisions this week</strong>, just none that gave investors a reason to put risk back on. The Fed held rates at 3.50%–3.75%, the Bank of England held at 3.75%, and the Bank of Japan left its policy rate at 1%. All as expected, but unchanged rates didn't mean unchanged uncertainty.</p><p style="margin:0px"><br /></p><p style="margin:0px">The complication is new Fed chair Kevin Warsh, whose hawkish reputation sits uneasily against his own argument that stronger productivity could let the economy grow without stoking inflation. July's meeting didn't settle which version is running the Fed: three officials dissented in favor of a hike, the most since 2016, while Warsh gave no clear signal on what comes next. Markets tried pricing the ambiguity themselves—September hike odds briefly hit 77%, the 30-year yield reached a 19-year high near 5.24%, and stocks fell before recovering.</p><p style="margin:0px"><br /></p><p style="margin:0px">Warsh has also pulled back from forward guidance, leaving markets to read data without a clear reaction function—so every print now carries outsized weight. With no fresh catalyst, funds were left doing what earlier sections describe: cutting leverage, trimming crowded longs, covering shorts.</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/F20260731120449223JbTktOgfxpF0jk.png" width="1280" height="958" /></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 quietly clawed back much of this month's losses</strong>, climbing toward $65,000 after the Fed held rates steady and AI-spending optimism returned. The asset itself shows no signs of broad capitulation.</p><p style="margin:0px"><br /></p><p style="margin:0px">The businesses built around it tell a different story. Coinbase posted its third straight quarterly loss, with transaction revenue down 21% year-over-year as spot trading kept slowing. Robinhood, despite record overall revenue, saw crypto revenue fall 38% year-over-year as retail money shifted toward equities, options, and event contracts.</p><p style="margin:0px"><br /></p><p style="margin:0px">Bitcoin can stay resilient even as the broader crypto ecosystem cools, so long as investors get more selective about where they put capital.</p><p style="margin:0px"><br /></p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">A 466% first-day rally usually signals a successful IPO</strong>. For <a target="_blank" href="https://www.mexc.com/futures/CXMTSTOCK_USDT" rel="noopener noreferrer">CXMT</a>, it may show the opposite. China's largest memory-chip maker raised up to $9.8 billion pricing shares at RMB 8.66, which closed the first session at RMB 49, valuing the company near $488 billion. IPO investors landed a windfall; CXMT sold those same shares for less than a fifth of their closing price.</p><p style="margin:0px"><br /></p><p style="margin:0px">Bloomberg Opinion called it a flop. CXMT priced at roughly 2.4 times book value, below where global peers trade, despite being China's only real DRAM challenger. Half the offering went to strategic institutions with long lock-ups, so cheap pricing cushioned them, while CXMT captured only a fraction of demand it could have funded itself. Compare that to SpaceX, which rose 20% on debut after raising $86 billion, capturing most of the demand upfront.</p><p style="margin:0px"><br /></p><p style="margin:0px">Memory-chip competition runs on scale and capital, and CXMT's proceeds remain modest next to Korean rivals. The first-day surge speaks to how poorly the IPO converted demand into funding.</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/F20260731121622994BhJI9TLY8IUdcI.png" width="1280" height="631" /></p></figure><p style="margin:0px"><br /></p><h2>Unpopular Opinion: The IPO Premium Is Dead</h2><p style="margin:0px">Buying an IPO used to come with a simple bet: the good stuff happens after the ribbon-cutting, and early buyers get a cut of it. That bet hasn't paid off in years.</p><p style="margin:0px"><br /></p><p style="margin:0px">Apollo dug into Jay Ritter's IPO database and found every U.S. listing cohort since 2019 has trailed the broader market over three years. The damage in 2020, 2021, and 2022 was ugly, market-adjusted returns of roughly -79%, -69%, and -72%. Even 2019, the "normal" year before the pandemic distorted everything, couldn't beat the index.</p><p style="margin:0px"><br /></p><p style="margin:0px">Blame higher rates if you want, but that's only part of it. Companies now spend years longer in private hands. Venture capital, private equity, and sovereign wealth funds have enough dry powder to build a company into a global giant long before it ever needs a stock ticker. Even the famous first-day "pop," historically around 19%, mostly rewards whoever got the allocation, not whoever bought once the stock actually started trading. Retail investors show up late to a party where the good drinks are already gone.</p><p style="margin:0px"><br /></p><p style="margin:0px">Some IPOs still work, obviously. Companies with real cash flow, genuine moats, and founders who keep control of the board, SpaceX, or OpenAI if it ever lists, have historically crushed the average debut. Large tech IPOs trail the market by only about two points over three years, and the ones with dual-class shares have actually beaten it. But these are the ones investors remember precisely because they're rare. CXMT's listing added a new wrinkle to the story. A monster first-day rally used to mean the company nailed its debut. Increasingly, it just means bankers priced the deal too cheaply, and billions of dollars quietly walked out the door to whoever got shares at the offering price. A huge pop these days often says more about how few shares were actually available than about how good the business is.</p><p style="margin:0px"><br /></p><p style="margin:0px">Call it the unpopular truth: going public used to be chapter one. Now it often reads more like the epilogue.</p><p style="margin:0px"><br /></p><h2>One Surprising Number</h2><figure><figure><img style="max-width:100%;height:auto" src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202607311300536042TEaYXJwpP6xTh.png" width="1024" height="559" /></figure></figure><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"><strong>18%</strong></p><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">That's what Kalshi traders give SpaceX to top 170 launches this year, roughly what it flew in 2025. As of July 29.</p><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">SpaceX keeps making absurd numbers look routine. But the market says most people don't expect a repeat.</p><p style="margin:0px"><br /></p><h2>Before You Go</h2><p style="margin:0px">The market is turning into a battleground of predictions and strategies. Join the ${Up/Down Crypto Events Carnival Week}[https://www.mexc.com/announcements/article/up-down-crypto-events-carnival-week-17827791537017]$ and compete for a share of $1,000,000 in rewards, or explore AI-powered trading in the <a target="_blank" href="https://www.mexc.com/announcements/article/mexc-ai-trading-showdown-17827791537037" rel="noopener noreferrer">MEXC AI Trading Showdown</a> with $500,000 up for grabs.</p><p style="margin:0px"><br /></p><p style="margin:0px">[More Events]{https://www.mexc.com/announcements/latest-events/ongoing}</p>

<p style="margin:0px">To celebrate the launch of Up/Down Crypto Events on Prediction Market, MEXC is introducing the <strong style="font-weight:bolder">Up/Down Crypto Events Carnival Week</strong>. Complete eligible tasks during the event for a chance to share $1,000,000 in rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Event Period: Jul 24, 2026, 00:00 (UTC) – Aug 9, 2026, 23:59 (UTC)</strong></p><p style="margin:0px"><br /></p><figure style="margin:16px 0;text-align:center"><p><a style="background-color:#0057ff;border-radius:4px;border-style:none;color:#fff;font-size:14px;margin:2px;padding:8px 16px;text-decoration:none" target="_blank" href="https://www.mexc.com/campaigns/CryptoEventsCarnivalWeek?utm_source=mexc&utm_medium=ann" id="custom-button-1784791747579-sapgw3j25" data-type="linkButton" rel="noopener noreferrer">Join Now</a></p></figure><p style="margin:0px"><br /></p><h2>Reward Highlights</h2><h3>New User First Trade Reward</h3><p style="margin:0px">First-time Prediction Market users who complete their first trade of 30 USDT or more will receive up to 15 USDT.</p><p style="margin:0px"><br /></p><p style="margin:0px">Note: Applies to both Up/Down Crypto Events and regular prediction events, including Combo orders.</p><p style="margin:0px"><br /></p><h3>Deposit Reward</h3><p style="margin:0px">During the event, all registered users who complete a net deposit of 100 USDT or more and maintain an account balance of at least 100 USDT for 24 hours will receive up to 20 USDT in prediction bonuses.</p><p style="margin:0px"><br /></p><h3>Daily Trading Reward</h3><p style="margin:0px">During the event, the first 1,000 users daily to reach a cumulative Prediction Market trading volume of 100 USDT or more will receive a 10 USDT prediction bonus.</p><p style="margin:0px"><br /></p><p style="margin:0px">Note: Applies to both Up/Down Crypto Events and regular prediction events, including Combo orders.</p><p style="margin:0px"><br /></p><h3>Trading Volume Milestone Reward</h3><p style="margin:0px">Reach cumulative Prediction Market trading volume milestones during the event to unlock rewards.</p><p style="margin:0px"><br /></p><p style="margin:0px"><strong style="font-weight:bolder">Reward Details</strong></p><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%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><tbody><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center"><strong style="font-weight:bolder">Cumulative Trading Volume</strong></td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center"><strong style="font-weight:bolder">Reward</strong></td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 200,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">2,000 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 100,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">1,500 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 50,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">800 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 20,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">400 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 10,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">300 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 5,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">200 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 3,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">130 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 1,000 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">60 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 500 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">30 USDT</td></tr><tr><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">≥ 100 USDT</td><td style="border:0.5pt solid #1f2329;min-width:2em;padding:0.4em;color:rgb( 0 , 0 , 0 );font-size:11pt;text-align:center">10 USDT</td></tr></tbody></table></figure></figure></figure><p style="margin:0px"><br /></p><p style="margin:0px">Note: Rewards are based on the highest milestone achieved.</p><p style="margin:0px"><br /></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">• Users must register for the event during the event period to participate and be eligible for rewards.</p><p style="margin:0px">• To qualify for the corresponding rewards, all new users participating in the event must complete their first net deposit of at least 100 USDT and hold it for at least 24 hours. Net deposit = On-chain deposits (internal transfers excluded) + P2P/Fiat buys - On-chain withdrawals (internal transfers included) - P2P/Fiat sells - Asset transfers out - Gifts sent.</p><p style="margin:0px">• Rewards in this event are stackable.</p><p style="margin:0px">• The Trading Volume Milestone Reward will be distributed based on the highest cumulative trading volume level achieved. Each user can receive the reward only once.</p><p style="margin:0px">• During the event period, the trading fee for Prediction Markets will be 0% for makers and 1.5% for takers.</p><p style="margin:0px">• Combo trades will be uniformly classified as taker trades, with a 1.5% fee charged for both buy and sell transactions.</p><p style="margin:0px">• No settlement fees will be charged for events.</p><p style="margin:0px">• Event rewards will be issued to users' accounts in the form of prediction bonuses or USDT airdrops within the specified timeframe.</p><p style="margin:0px">• In the event of market anomalies, system issues, settlement issues, force majeure events, or regulatory requirements, MEXC reserves the right to adjust, suspend, or cancel the event rules.</p><p style="margin:0px">• For more information on MEXC Prediction Markets, please refer to the following guides: What Is MEXC Prediction Markets: A Beginner's Guide and MEXC Prediction Markets Up/Down Crypto Events Beginner Guide.</p><figure style="max-width:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><figure style="max-width:100%;height:100%;width:100%"><table style="height:100%;width:100%;border:1px double rgb( 179 , 179 , 179 );border-collapse:collapse;border-spacing:0px"><tbody><tr><td style="border:1px solid rgb( 191 , 191 , 191 );min-width:2em;padding:0.4em"> </td></tr></tbody></table></figure></figure></figure></figure></figure>

<div style="font-size:13px"><div><span style="font-size:13px">The countdown has begun! The Bitcoin (BTC) Launchpad is set to go live from August 10, 2026 on MEXC.</span></div><div><br /></div><div><span style="font-size:13px">Full details regarding the Launchpad event will be announced soon. Stay tuned to our Announcement Center to see how you can get in on the action!</span></div><div><br /></div><div><span style="font-size:13px"><strong style="font-weight:bolder">What You Can Do Now:</strong></span></div><div><span style="font-size:13px">Can't wait to get started? Here's what you can do to make sure you're all set for the Bitcoin (BTC) Launchpad:</span></div><div><br /></div><div><span style="font-size:13px">1. Sign up for a MEXC account, if you haven't already.</span></div><div><span style="font-size:13px">2. Complete Advanced KYC Verification.</span></div><div><br /></div><div><br /></div><div><span style="font-size:13px"><strong style="font-weight:bolder">About BTC (Bitcoin)</strong></span></div><div><span style="font-size:13px">Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary.</span></div><div><br /></div><div><span style="font-size:13px"><i>Note:</i></span></div><div><span style="font-size:13px"><i>This event is exclusively open to users in the MENA region, excluding users whose KYC-verified country/region is Dubai. Eligible countries/regions include Bahrain, Qatar, Palestine, Jordan, Yemen, Lebanon, Kuwait, Israel, United Arab Emirates, Oman, Iraq, Saudi Arabia, Syria, Egypt, Algeria, Libya, Morocco, Tunisia, Comoros, and Afghanistan.</i></span></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">VGT, VUG</strong><span style="font-size:14px"><strong style="font-weight:bolder">,</strong> and </span><strong style="font-weight:bolder">XLI</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%"><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/VGT_USDT">VGTUSDT</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/VUG_USDT">VUGUSDT</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/XLI_USDT">XLIUSDT</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 5, 2026, 14:10 (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 5, 2026, 14:10 (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 5, 2026, 14:10 (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></figure></div></div><h2> </h2><h2><strong style="font-weight:bolder">Introduction</strong></h2><p><strong style="font-weight:bolder">The fund tracks a market capitalization-weighted index of U.S. information technology companies.</strong></p><p><strong style="font-weight:bolder">The fund tracks major U.S. stock indices. It selects and weights its holdings based on growth factors.</strong></p><p><strong style="font-weight:bolder">XLI tracks a market capitalization-weighted index of industrial stocks from the S&P 500.</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><div>The Somnia (SOMI) network will undergo an upgrade on Aug 6, 2026, 11:00 (UTC). To ensure a smooth experience, MEXC will temporarily suspend SOMI deposits and withdrawals from <strong style="font-weight:bolder">Aug 6, 2026, 09:00 (UTC).</strong></div><div><br /></div><div><strong style="font-weight:bolder">Please Note:</strong></div><ul style="list-style-type:disc"><li>SOMI trading will not be affected during the network upgrade.</li><li>Please deposit your tokens in advance. MEXC will assist SOMI holders with any technical issues during the network upgrade.</li><li>This network upgrade will not create a hard fork.</li><li>Deposits and withdrawals will resume once the network upgrade is complete and stable. No further announcements will be made.</li></ul><div><br /></div><div>For more information about the upgrade, please refer to the <a href="https://docs.somnia.network/developer/network-info/somnia-mainnet-releases">announcement</a> from the project team.</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><span style="font-size:14px">MEXC is thrilled to launch another session of Kickstarter, a pre-listing event on MEXC initiated by project teams where users can commit MX to support their favorite projects. This event is designed to identify high-quality projects while offering free airdrops to MEXCers!</span></div><div><br /></div><h3><strong style="font-weight:bolder">Project for This Session: <strong>JMDT Blockchain (JMDT)</strong></strong></h3><div><br /></div><h2><strong style="font-weight:bolder">What Is <strong>JMDT Blockchain (JMDT)</strong></strong></h2><div><strong style="font-weight:bolder"><strong>Jupiter Meta Data Token (JMDT) is the native utility token powering Truth Layer, Jupiter Meta Labs' enterprise-grade decentralized data and identity infrastructure built for trusted, privacy-preserving enterprise applications. JMDT powers and secures the ecosystem's flagship decentralized applications, including SuperJ, Hercules, and Poseidon, which collectively serve an ecosystem of over 20 million users and more than 40 enterprise customers. The token facilitates decentralized identity, enterprise data processing, Layer 2 execution, and network validation across the Truth Layer. JMDT employs Asynchronous Validation Consensus (AVC), using Verifiable Random Function (VRF)-based validator selection to decentralize block validation and strengthen network security.</strong></strong><br /><strong style="font-weight:bolder">Total Supply: <strong>1,000,000,000</strong></strong> <strong style="font-weight:bolder"><strong>JMDT</strong></strong><br /> </div><p><strong style="font-weight:bolder"><strong><span dir="ltr"><a href="https://jmdt.io" target="_blank" rel="noopener noreferrer">Official Website</a> | <a href="https://explorer.jmdt.io" target="_blank" rel="noopener noreferrer">Contract Address</a> | <a href="https://x.com/JMDT_Blockchain" target="_blank" rel="noopener noreferrer">X (Twitter)</a> | <a href="https://t.me/JMDT_Blockchain" target="_blank" rel="noopener noreferrer">Telegram</a> | <a href="https://storage.googleapis.com/jmzk-releases/JMZK-WhitePaper/JMDT%20White%20Paper.pdf" target="_blank" rel="noopener noreferrer">Whitepaper</a></span></strong></strong><br /><br /> </p><h3><strong style="font-weight:bolder">How to Participate：</strong></h3><div>Users can commit MX tokens to participate in the event and win free airdrops. Your maximum commit amount is based on random snapshots of your MX balance in your Spot account.<br /><br /> </div><h3><strong style="font-weight:bolder">Details are as follows:</strong></h3><ul style="list-style-type:disc"><li><div><a target="_blank" href="https://www.mexc.com/support/articles/16785962840601" rel="noopener noreferrer"><u>Participation Eligibility</u></a>: Make sure your account has completed at least one Futures trade (any amount, any trading pair), and Hold a minimum of 5 MX for 24 consecutive hours before <strong style="font-weight:bolder"><strong>Aug 4, 2026, 16:00 (UTC)</strong></strong></div></li><li><div>Voting Period: <strong style="font-weight:bolder"><strong>Aug 5, 2026, 13:00 (UTC)</strong> </strong>to <strong style="font-weight:bolder"><strong>Aug 6, 2026, 12:50 (UTC)</strong></strong></div></li><li><div>Trading: <strong style="font-weight:bolder"><strong>Aug 6, 2026, 15:00 (UTC)</strong> </strong></div></li><li><div>Deposits: Opened</div></li><li><div>Withdrawals: <strong style="font-weight:bolder"><strong>Aug 7, 2026, 15:00 (UTC)</strong> </strong></div></li><li><div>Voting Link:<a target="_blank" href="https://www.mexc.com/sun/assessment" rel="noopener noreferrer"><u> https://www.mexc.com/sun/assessment</u></a></div></li><li><div>Airdrop Details: <strong style="font-weight:bolder"><strong>20,000 JMDT</strong></strong></div></li><li><div>Voting Token: MX</div></li><li><div>Requirements: 5 ≤ MX ≤ 100,000</div></li><li><div>You can commit based on your maximum committable quantity. Tokens committed successfully will only be used for reward calculation. Your MX will not be frozen.</div></li><li><div>Rewards: The airdrop rewards will be distributed according to the participation ratio within 1 hour of the event's conclusion.</div></li><li><div>You can also participate in other ongoing Kickstarter and Launchpool events after you successfully participate in this event.</div></li><li><span style="background-color:rgb( 255 , 255 , 255 )">The rewards will be determined based on the amount of MX you commit and the number of valid users you bring in. The detailed rules are as follows:</span><br /><br /> </li></ul><div><div><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%"><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:100px" width="100" /><col style="width:301px" width="301" /><col style="width:301px" width="301" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;background-color:rgb( 240 , 244 , 255 );font-size:10pt" colspan="1" rowspan="1"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">Level</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="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">Requirements</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="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">Coefficient</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"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">V1</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"><span style="background-color:rgb( 255 , 255 , 255 )">Hold ≥ 5 MX for 24 consecutive hours.</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="background-color:rgb( 255 , 255 , 255 )">x1</span></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"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">V2</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"><span style="background-color:rgb( 255 , 255 , 255 )">Invite 1 valid user.</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="background-color:rgb( 255 , 255 , 255 )">x1.5</span></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"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">V3</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"><span style="background-color:rgb( 255 , 255 , 255 )">Invite 2 valid users.</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="background-color:rgb( 255 , 255 , 255 )">x1.55</span></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"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">V4</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"><span style="background-color:rgb( 255 , 255 , 255 )">Invite 3 valid users.</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="background-color:rgb( 255 , 255 , 255 )">x1.6</span></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"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">V5</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"><span style="background-color:rgb( 255 , 255 , 255 )">Invite 4 valid users.</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="background-color:rgb( 255 , 255 , 255 )">x1.65</span></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"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">V6</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"><span style="background-color:rgb( 255 , 255 , 255 )">Invite 5 valid users.</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="background-color:rgb( 255 , 255 , 255 )">x1.7</span></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"><div style="text-align:center"><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">V7</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"><span style="background-color:rgb( 255 , 255 , 255 )">Invite 6 valid users.</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="background-color:rgb( 255 , 255 , 255 )">x1.75</span></div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></figure></div></div><p><br /></p><div><span style="background-color:rgb( 255 , 255 , 255 )">User's Valid Quantity of Committed MX = User's Actual Quantity of Committed MX * Commitment Coefficient</span></div><p><br /></p><div><span style="background-color:rgb( 255 , 255 , 255 )">To calculate the reward for User A:</span></div><div><p><span style="background-color:rgb( 255 , 255 , 255 )">User A's Reward = (User A's Valid Quantity of Committed MX / All Users' Total Valid Quantity of Committed MX ) * Total Prize Pool</span><br /><br /><span style="background-color:rgb( 255 , 255 , 255 )">The more MX you commit and the more friends you invite as valid users, the larger your share of the rewards!</span><br /><br /> </p><div><h3><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">Definition of a valid user:</strong></h3><div><span style="background-color:rgb( 255 , 255 , 255 )"><strong style="font-weight:bolder">A valid user</strong> = A user who completes their first deposit after signing up (internal transfers not counted, but deposits via on-chain, P2P, or fiat are all valid), accumulates deposits of ≥ $100 within 7 days, and completes at least one futures trade. (Must complete the closure of at least one order.)</span></div><div><br /></div><div><strong style="background-color:rgb( 255 , 255 , 255 );font-weight:bolder">Note:</strong></div><div>The system will take a snapshot of the number of valid invited users (valid for 30 days) and update the level the following day. Users can check their account level coefficient on the event page.</div></div><p><br /></p></div><div>For more details, please visit the<a target="_blank" href="https://www.mexc.com/sun/assessment" rel="noopener noreferrer"><u> Kickstarter page</u></a><u>.</u></div><div><h2> </h2></div><h3><strong style="font-weight:bolder">Terms & Conditions:</strong></h3><ul style="list-style-type:disc"><li><div><div><div><strong style="font-weight:bolder">Market-making & project party accounts are not eligible to participate in the event.</strong></div></div></div></li><li><div><strong style="font-weight:bolder">No fees are required for participation in the Kickstarter event.</strong></div></li><li><div>Participants must at least complete <a target="_blank" href="https://www.mexc.com/user/id-auth" rel="noopener noreferrer">Primary KYC Verification</a> before the event ends to qualify for rewards.</div></li><li><div>If a single user commits a total of more than 100,000 MX across multiple accounts, the associated accounts may trigger the platform's risk control measures. Please proceed with caution.</div></li><li><div>MEXC reserves the right of final interpretation for this event.</div></li></ul><div><br /></div><h3><strong style="font-weight:bolder">Risk Disclosure</strong></h3><div><div><div>Blockchain startup projects may carry significant risks in terms of operation, underlying technology, and regulatory environment.Participation in these projects requires advanced technical and financial knowledge to fully comprehend the inherent risks, including potential price volatility resulting from any token listings. Before making any investment decision, we recommend conducting thorough due diligence and consulting professional advisors.<br /><br /> </div><div>The price of digital assets associated with blockchain projects is highly volatile and may fluctuate due to various factors, potentially leading to significant or even total losses. Additionally, due to issues like underlying technology or hacking attacks, you may face risks of not being able to fully or partially withdraw your digital assets.<br /><br /> </div><div>Please carefully assess the risks and make decisions based on your risk tolerance. MEXC does not provide guarantees or compensation for your investment losses.</div><p><br /></p></div></div></div><div><br /></div>

<p style="margin:0px">A new annual spectacle begins.</p><p style="margin:0px"><br /></p><p style="margin:0px">Every August 8 marks MEXC's annual reaffirmation of our brand philosophy, "Your 0-Fee Gateway to Infinite Opportunities," opening the door to global markets with fewer barriers and more ways to explore opportunities.</p><p style="margin:0px"><br /></p><p style="margin:0px">As the inaugural edition of this annual event, <b>MEXC 0808: Stock Season</b> kicks things off with a <b>500,000 USDT prize pool</b> and 0-fee trading across Stock Futures, tokenized stocks, and RealStocks, bringing more ways to access Wall Street, all in one place.</p><p style="margin:0px"><br /></p><p style="margin:0px">Early bird registration is now open. Secure your spot and get ready for the event launch!</p><p style="margin:0px"><br /></p><h2>Event Timeline</h2><p style="margin:0px">• Early Bird Registration: Aug 5, 2026, 08:08 (UTC) – Aug 8, 2026, 08:07 (UTC)</p><p style="margin:0px">• Official Event Period: Aug 8, 2026, 08:08 (UTC) – Aug 28, 2026, 23:59 (UTC)</p><p style="margin:0px"><br /></p><p style="margin:0px">[Register Now]{https://www.mexc.com/campaigns/0808}</p><p style="margin:0px"><br /></p><h2>Early Bird Registration</h2><p style="margin:0px"><br /></p><p style="margin:0px">Register early and invite your friends to start collecting lucky draw tickets before the official event goes live.</p><p style="margin:0px"><br /></p><p style="margin:0px">Here's how:</p><p style="margin:0px">Step 1: Register for the event.</p><p style="margin:0px">Step 2: Invite up to 3 friends to sign up and make their first deposit of at least 100 USDT.</p><p style="margin:0px">Step 3: Earn 1 lucky draw ticket for each successful referral, for a maximum of 3 tickets.</p><p style="margin:0px"><br /></p><p style="margin:0px">Your tickets will be ready to use once the official event begins.</p><p style="margin:0px"><br /></p><h2>What's Coming Next?</h2><p style="margin:0px"><br /></p><p style="margin:0px">Once the event officially starts, the Opportunity Map will open, inviting you to explore Infinity Island.</p><p style="margin:0px"><br /></p><p style="margin:0px">Complete missions across all 8 destinations to unlock more opportunities and earn up to 8 additional lucky draw tickets, increasing your chances to win.</p><p style="margin:0px"><br /></p><h2>Every Lucky Draw Wins</h2><p style="margin:0px"><br /></p><p style="margin:0px">Every lucky draw guarantees a reward from either the standard or premium prize pool.</p><p style="margin:0px"><br /></p><p style="margin:0px">Rewards include:</p><p style="margin:0px">• 3,888 USDT Dream Fund (Grand Prize)</p><p style="margin:0px">• 888 USDT Travel Fund</p><p style="margin:0px">• 188 USDT Travel Fund</p><p style="margin:0px">• Stock Futures position airdrops worth up to 880 USDT</p><p style="margin:0px">• APR boosters of up to 888%</p><p style="margin:0px"><br /></p><p style="margin:0px">The first chapter of MEXC 0808 begins here. Register early to get ahead before the spectacle unfolds!</p><p style="margin:0px"><br /></p><p style="margin:0px">Terms and conditions apply. For more details, please refer to the event page.</p>

<div><div>As requested by the Palcoin Ventures (PALCOIN) project team, MEXC has temporarily suspended deposits of PALCOIN.</div><div><br /></div><div>For more information, please refer to the <a href="https://x.com/PalcoinVentures/status/2084935586196885548">official announcement</a> by the project team.</div><div><br /></div><div>We apologize for any inconvenience this may cause. Thank you for your support!</div></div>

<div><div>We are pleased to announce that<strong style="font-weight:bolder"> CUPSEYUSDT </strong>will be listed in the MEXC Futures Innovation Zone (Web and App). Futures trading will open immediately upon listing. The Futures Grid trading bot will be available within 5 minutes after trading opens.</div><div><br /></div><h2><strong style="font-weight:bolder">Listing Details</strong></h2><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%"><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:156px" width="156" /><col style="width:131px" width="131" /><col style="width:100px" width="100" /><col style="width:136px" width="136" /></colgroup><tbody><tr style="height:39px"><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><strong style="font-weight:bolder">Futures Pair</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><strong style="font-weight:bolder">Listing Time</strong></div></td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><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;text-align:center;vertical-align:top" colspan="1" rowspan="1"><div><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;text-align:center" colspan="1" rowspan="1">CUPSEYUSDT</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">Aug 5, 2026, 10:00 (UTC)</td><td style="border:1px solid rgb( 222 , 224 , 227 );min-width:2em;padding:8px;font-size:10pt;text-align:center;vertical-align:top" colspan="1" rowspan="1"><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:#333333;font-size:14px">1-</span>20<span style="background-color:transparent;color:#333333;font-size:14px">x</span></p><p style="margin-top:5pt;margin-bottom:5pt;line-height:1.62;text-align:center"><span style="background-color:transparent;color:#333333;font-size:14px">Adjustable</span></p></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>Cross & Isolated</div></td></tr></tbody></table></figure></figure></figure></figure></figure></figure></figure></div><div><br /></div><div>[Trade CUPSEYUSDT]{<!-- --><a href="https://www.mexc.com/futures/CUPSEY_USDT">https://www.mexc.com/futures/CUPSEY_USDT</a>}</div><div><br /></div><h2><strong style="font-weight:bolder">Important Notes</strong></h2><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div>Futures pairs listed in the Innovation Zone carry higher volatility risk and may experience significant price fluctuations or extreme market conditions. Please use leverage responsibly and manage risk carefully.</div></li><li style="text-align:left"><div>Trading fees in the Innovation Zone are higher than other zones: <strong style="font-weight:bolder">Maker: 0.04% | Taker: 0.10%</strong></div></li><li style="text-align:left"><div>Users in certain countries or regions may not be able to trade Futures pairs in the Innovation Zone.</div></li><li><div>API Trading is currently unavailable for Innovation Zone pairs. Please use the MEXC website or app to trade.</div></li></ul><div><br /></div><div><strong style="font-weight:bolder">Related Announcements:</strong></div><div><a target="_blank" href="https://www.mexc.com/announcements/article/introducing-futures-innovation-zone-17827791534000" rel="noopener noreferrer">Introducing Futures Innovation Zone: High Potential Assets & Opportunities</a></div><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">FTNT, SCCO, TECK, RBRK,</strong> and <strong style="font-weight:bolder">VEEV</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%"><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/FTNTSTOCK_USDT">FTNTUSDT</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/SCCOSTOCK_USDT">SCCOUSDT</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/TECKSTOCK_USDT">TECKUSDT</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/RBRKSTOCK_USDT">RBRKUSDT</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/VEEVSTOCK_USDT">VEEVUSDT</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 5, 2026, 10:40 (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 5, 2026, 10:00 (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 5, 2026, 10:00 (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 5, 2026, 10:00 (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 5, 2026, 10:00 (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 & 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><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><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></figure></div></div><h2> </h2><h2><strong style="font-weight:bolder">Introduction</strong></h2><p><strong style="font-weight:bolder">Fortinet, Inc. provides converged network security and network and security solutions globally. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; a FortiASIC-based application-specific integrated circuit (ASIC) security processing unit; FortiCloud, a private cloud software-as-a-service platform; FortiAI, providing two-tiered defense across the Fortinet security architecture; FortiEndpoint, integrating secure connectivity, endpoint protection, and functionality into a single agent; and OT Security, protecting engineered systems supporting infrastructure and the supply chain. It also offers secure networking solutions focused on the convergence of network and security; network firewall solutions including FortiGate data centers, hyperscale and distributed firewalls; wireless LAN solutions; and secure connectivity solutions.</strong></p><p><strong style="font-weight:bolder">Southern Copper Corporation is engaged in the mining, exploration, smelting, and refining of copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and other countries in the Americas. The company is involved in the mining, grinding, and flotation of copper ore to produce copper and molybdenum concentrates; smelting copper concentrates into blister copper and anode copper; refining anode copper into electrolytic copper; producing copper-molybdenum concentrates and sulfuric acid; producing refined silver, gold, and other materials; and the mining and processing of copper, molybdenum, zinc, silver, gold, and lead. It operates the Toquepala and Cuajone open-pit mines, smelters, and refineries in Peru; the La Caridad open-pit copper mine, as well as a copper ore concentrate plant and the SX-EW plant, smelter, and rod mill in Mexico. The company also operates the Buenavista open-pit copper mine, as well as a copper concentrate plant and the SX-EW plant in Mexico.</strong></p><p><strong style="font-weight:bolder">Teck Resources Limited is engaged in the research, exploration, development, processing, smelting, refining, and reclamation of mineral resources in Asia, the Americas, and Europe. It operates through two divisions: copper and zinc. The company provides copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. It also produces lead, precious metals, molybdenum, fertilizers, and other metals, and sells refined metals or concentrates.</strong></p><p><strong style="font-weight:bolder">Rubrik, Inc. provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, SaaS data protection solutions, and identity provider service protection; data threat analysis; data security posture; identity recovery and resilience services; and network recovery solutions. It also offers RUBY, a network-resilient AI agent designed to automate and extend data security operations; SENTRYAI, a proprietary AI deep learning-based platform for system health monitoring; and RUBRIK UNIVERSITY, which includes instructor-led training with hands-on labs, on-demand e-learning courses, and certification exams, while also providing cloud services.</strong></p><p><strong style="font-weight:bolder">Veeva Systems Inc. provides cloud software for the life sciences industry in North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud, including the Veeva Vault CRM suite for pharmaceutical and biotechnology companies; Veeva Medical, providing multi-channel and multi-regional medical content sources; Veeva PromoMats, an all-in-one content and digital asset management solution; and Veeva Crossix, an analytics platform for pharmaceutical brands. It also offers Veeva Data Cloud, including Veeva OpenData, a customer reference data solution; Veeva Link, providing deep data; Veeva Compass, which includes de-identified and longitudinal patient data; and Veeva CRM Pulse, providing access and multi-channel engagement metrics.</strong></p><p><br /></p><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>