MEXC has launched its xStocks Gala campaign, offering zero trading fees on selected tokenized stocks and a combined $1,000,000 reward pool split across several tiers. The campaign includes a Welcome Power Reward for new users, a Treasure Lever Frenzy promotion, an xStocks Trading Rush tier, and a separate $500,000 pool of staking rewards for holders of tokenized Nvidia (NVDAx), Tesla (TSLAx) and Circle (CRCLx) tokens. The launch follows an early-registration phase MEXC opened days earlier under the same broader 0808 Stock Season promotion.
xStocks, the underlying token standard MEXC is running the campaign around, is a tokenization framework built through a partnership between Kraken and Backed. It has grown into the dominant player in the sector, having crossed $25 billion in total transaction volume in under eight months, including more than $3.5 billion in on-chain activity from over 80,000 unique holders, and it captures the vast majority of all tokenized-equity trading volume on Solana.
Fee waivers as the entry point for a fast-growing category
By waiving fees on selected xStocks and layering staking rewards on top, MEXC is positioning itself inside a tokenized-stock market that has expanded rapidly enough that Kraken, Coinbase, Binance and Bybit are all now competing for volume in the same category, alongside Solana-native decentralized venues. The tokenized stock spot market as a whole reached roughly $487 million by the end of the first quarter of 2026, and campaigns like MEXC's are a common tactic exchanges use to pull early trading volume toward their own venue as the category matures.
Related: MEXC Buka Pendaftaran Awal Kampanye '0808 Stock Season'
What's still unclear
MEXC has not disclosed exact eligibility requirements for each reward tier, the specific fee schedule being waived, or an end date for the campaign beyond describing it as part of the ongoing 0808 Stock Season push. The exchange has said only that participants can "do more with xStocks" by joining now.