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Global cryptocurrency exchange MEXC has introduced a Multi-Asset Margin mode to expand collateral options for futures traders, following a continuously heightened derivatives activity this season. Binance, Bybit, OKX, and MEXC dominate this segment, with combined market shares exceeding 80%. According to CoinMarketCap, perpetual futures trading volume reached $831.87 billion recently, underscoring strong demand even as spot prices remain range-bound.
The new mechanism by MEXC enables users to pool multiple assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL), Tether (USDT), and USD Coin (USDC), as collateral to support cross-margin positions. By consolidating tokens into a shared pool, the system seeks to improve capital efficiency, reduce liquidation risks, and simplify the management of positions in volatile markets.
Key features highlighted in the rollout include higher capital utilization, automatic offsetting of profits and losses across positions, and streamlined operations that remove the need to manually top up margin. For example, users who experience a loss on a long SOL trade could be cushioned by a gain from a short DOGE position. MEXC said this approach enhances traders’ resilience to price swings.
The exchange has also adopted a tiered collateral rate system. Stablecoins maintain a full 100% collateral rate, while BTC and ETH start at 97.5% and gradually decrease for larger holdings, down to 85%. The system encourages diversification while simultaneously prevents large assets from dominating a margin pool.
The rollout arrives as Bitcoin continues to consolidate between $110,000 and $113,000, while gold and equities have outperformed in recent weeks. Analysts say the derivatives market has become a critical driver of liquidity for exchanges, with competition intensifying as traders prepare for September’s Federal Reserve policy decision. MEXC’s update underscores how platforms are enhancing risk tools to capture flows in a cautious but active market.
The upgrade coincides with a period of cautious positioning in the broader market. Bitcoin remained locked in a narrow trading band, reflecting muted conviction from institutional buyers, while gold has drawn renewed flows as a defensive hedge. For exchanges, the focus has shifted toward infrastructure improvements to attract futures liquidity and provide stronger safeguards against volatility.