As the final quarter of 2025 begins, the data from crypto exchange MEXC reveals that traders are once again prioritizing volatility and yield. The platform’s September trading report showed that trading volumes for newly listed tokens soared by 537% month-on-month, marking one of the most dynamic periods in recent months. The surge was accompanied by a 64% increase in the number of users actively trading new listings, highlighting a strong revival of risk appetite among retail traders after a subdued summer for altcoins.
The exchange’s internal data also revealed a sharp rotation into high-growth ecosystems such as Binance Smart Chain (BSC), Base, and the rising Perpetual DEX category. MEXC reported multi-thousand percent price increases for several tokens, led by AVNT, a decentralized derivatives token that posted a remarkable 5,400% rally in September. The broader category of Perpetual DEX, AI, and stablecoin-linked projects saw strong performance, with the top 10 tokens by trading volume delivering an average gain of 2,620%, up 47% from Q2. Notably, projects tied to real-world assets (RWA) and stablecoin infrastructure also drew investor attention, with tokens like STBL, RIVER, and XPL posting quadruple, and even five-digit gains, as traders bet on the long-term integration of on-chain finance and tokenized asset models.
The Binance Smart Chain ecosystem stood out in the reports as a clear outperformer, recording an average gain of 4,373% across leading tokens, including STBL, LIGHT, HANA, and ASTER. Ethereum-based assets followed closely with average gains of 1,519%, while emerging ecosystems such as Base, Solana, and SOMNIA demonstrated expanding liquidity and capital inflows. Approximately 60% of the best-performing assets also ranked among the most traded, revealing a strong correlation between liquidity depth and price acceleration, a dynamic that continues to shape trading strategies on MEXC.
On top of the momentum, MEXC’s Launchpad program managed to host three premium token launches, namely WLFI, LINEA, and XPL, which collectively attracted over 27,000 participants and raised around $620,000. All three tokens later ranked among September’s top performers, marking proven selective listing strategy.
Overall, new listings saw a 537% month-on-month increase in trading volume, while the number of active traders climbed 64%. The exchange also hosted a month of launchpad activity, drawing around 27,000 participants and raising roughly $620,000 across three token sales.
The trend reflects growing risk appetite among retail traders after a quieter summer for altcoins. As the capital rotates into smaller, high-momentum projects, traders position for year-end gains. Ecosystems with deeper liquidity and new DeFi narratives are leading this rotation. With major ecosystems like BSC and Base attracting fresh attention, the data suggests renewed optimism in the broader altcoin market heading into Q4.
