Deep Dive
1. Q4 2025 Token Burn (December 2025)
Overview:
MEXC’s MX Token 2.0 proposal mandates quarterly burns using 40% of exchange profits. The Q2 2025 burn removed 2.4M MX (~2.6% of circulating supply), with Q4 2025’s burn expected to follow a similar deflationary model (MEXC).
What this means:
This is bullish for MX as reduced supply could counterbalance its 26% price decline over 90 days. However, effectiveness depends on MEXC’s profitability – spot volumes fell 12% YoY in December 2025.
2. Launchpad Integration (Q1 2026)
Overview:
MEXC teased a major Launchpad project on November 29, 2025, likely offering MX holders early access to high-demand tokens. Historically, Launchpad participation requires MX staking, driving token demand.
What this means:
This is neutral-to-bullish – while new listings could boost MX utility, recent Launchpad volumes (e.g., $MON) saw mixed post-listing performance, risking short-term sell pressure.
3. MX Token 2.0 Expansion (2026)
Overview:
MX 2.0 aims to deepen DeFi integrations, including cross-chain bridges and lending protocols. MEXC recently enabled BTC collateralization for loans, hinting at broader asset utility (MEXC).
What this means:
This is bullish if executed – expanding MX’s use beyond exchange discounts could attract long-term holders. However, competing CEX tokens (e.g., BNB, OKB) already offer similar features, demanding differentiation.
4. Enhanced Staking Rewards (Ongoing)
Overview:
MX staking APY currently ranges 5-12%, but MEXC plans tiered rewards based on lock-up periods. The exchange’s 24h turnover ratio (12.6%) suggests sufficient liquidity to support higher yields.
What this means:
This is neutral – while attractive APY could reduce selling pressure, MX’s 41% annual price drop indicates staking alone may not offset bearish sentiment without broader adoption.
Conclusion
MX’s roadmap balances engineered scarcity (burns) with utility expansion (Launchpad, DeFi). Success hinges on MEXC sustaining trading volumes amid Bitcoin’s 59% market dominance and altcoin liquidity crunch. Will MX’s deflationary model outpace exchange token competition in 2026?