MEXC has announced a strategic partnership with Solana-based token issuance platform pump.fun to enhance the integration of DeFi and centralized finance (CeFi).
According to the exchange’s press release, this collaboration aims to streamline trading for users seeking exposure to both on-chain and off-chain assets. The first phase will integrate MEXC’s DEX+ platform with PumpSwap, pump.fun’s newly launched decentralized exchange (DEX). DEX+ allows users to trade directly on decentralized exchanges through the MEXC app and website, offering seamless access to a wide range of on-chain assets.
The DEX+ platform is designed to simplify DeFi trading by reducing multi-step interactions and lowering barriers to entry, making it more accessible for users unfamiliar with decentralized trading. It also enables early trading opportunities for memecoins, allowing users to capitalize on market movements as soon as new tokens are issued.
MEXC stated the platform will support the Solana ecosystem at first and enable trading of over 10,000 tokens available on Raydium and pump.fun. However, future updates will expand support to additional DEXs and blockchain networks, increasing liquidity and accessibility.
Tracy Jin, COO of MEXC, highlighted the platform’s commitment to innovation, stating that DEX+ bridges the complexities of DeFi with the ease of a centralized exchange interface. She emphasized that the partnership with pump.fun gives users early access to newly launched memecoins before they are listed on centralized exchanges.
Pump.fun co-founder Alon Cohen echoed this too and stressed the potential to democratize crypto trading. He stated that the collaboration equips users with powerful tools to access coins long before they appear on CEXs.
In another development, MEXC recently announced a $36 million investment to accelerate stablecoin innovation. This includes a $16 million investment in Ethena, a leading stablecoin innovator, and a $20 million purchase of USDe, Ethena’s synthetic dollar.
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