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MEXC to List Term Finance (TERM) with 229,000 USDT Prize Pool

25 March 2025
in News
Reading Time: 2 mins read
107 3
Home News

MEXC has announced the listing of Term Finance (TERM) on March 26, 2025 (UTC), alongside a 229,000 USDT prize pool distributed across its Launchpool and Airdrop+ programs.

This move reinforces MEXC’s commitment to providing early access to emerging Web3 projects.

The Launchpool event, running from March 24 to 26, allows users to stake USDT, MX, or TERM tokens to earn from a 120,000 TERM prize pool. New users can access an exclusive 60,000 TERM staking pool, while all participants can stake MX or TERM in the general pool. To join, users must sign up, complete KYC, and deposit eligible assets. Complementing this, an Airdrop+ event from March 24 to April 3 will distribute 109,000 USDT in rewards, further incentivizing participation.

Term Finance operates as a decentralized fixed-rate lending protocol, leveraging on-chain auctions to determine market-clearing rates for borrowers and lenders. Its native TERM token, with a total supply of 100 million, functions as the platform’s utility token, facilitating transactions within the ecosystem.

Continuing its expansion, MEXC has also listed Particle Network (PARTI) for spot and futures trading on March 25, 2025. To celebrate, the exchange is launching an Airdrop+ event with a 150,000 USDT prize pool from March 24 to April 5. Particle Network, a Layer 1 blockchain specializing in chain abstraction, introduces Universal Accounts, enabling users to maintain a single account and unified balance across multiple chains, simplifying Web3 interactions.

The Airdrop+ event offers multiple earning opportunities, including 60,000 USDT for new user deposits, 20,000 USDT through a spot trading challenge, 50,000 USDT in futures trading bonuses, and 20,000 USDT for users who invite new participants.

MEXC’s commitment to listing new and promising projects remains evident, having introduced 2,376 tokens in 2024, with 1,716 being initial listings. A TokenInsight report ranks MEXC as the fastest exchange in listing new tokens while maintaining the highest number of spot listings. By prioritizing emerging projects, offering deep liquidity, and maintaining low fees, MEXC continues to solidify its position as a preferred platform among crypto traders.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: MEXCTerm Finance
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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