MEXC Extends DEX+ Platform to Binance Smart Chain Users

Digital asset exchange MEXC has added the Binance Smart Chain to its decentralized trading service, DEX+. The addition is reported to allow users to trade over 5000 on-chain assets on the BSC network, broadening investment opportunities at reduced costs.

The Rise of Decentralized Finance

Decentralised finance (DeFi) has seen rapid growth in recent years, attracting many crypto investors with its ideologies that promote greater financial autonomy, self-custody of assets, reduced reliance on intermediaries, and enhanced transparency.

The mass adoption of the DeFi ideology has led to a steady increase in DEXs trading volume over the years with over $101 billion TVl and a daily transaction volume of over $6 billion. Unlike centralised exchanges (CEXs), which operate under regulatory oversight and keep custody of user funds, DeFi platforms enable permissionless transactions using smart contracts and self-custody of user assets by granting them access to their private keys. However, challenges such as fragmented liquidity and user experience limitations have hindered the broader adoption of DeFI. Bridging the gap between CeFi and DeFi remains a key industry goal, ensuring that users benefit from both the efficiency and security of traditional exchanges and the freedom and autonomy of decentralized platforms.

How DEX+ can solve DeFi Problems DEX+ is an innovative solution that addresses the limitations of decentralised exchanges (DEX) by seamlessly integrating CeFi and DeFi functionalities. The integration of the BSC Chain into DEX+ will enable users to trade a wider range of popular, emerging, and high-potential assets alongside the Solana ecosystem with higher liquidity, efficiency and at a low transaction cost. Additionally, DEX+ will add trading liquidity aggregation trading and liquidity from PancakeSwap to the other major DEX liquidity platforms, such as Pump.fun, PumpSwap, Raydium, expanding user access to over 15,000 DeFi and meme tokens.

Further Plans Beyond blockchain expansion, MEXC has also upgraded its "Smart Money" tool, which helps traders spot emerging tokens with strong market momentum. By analyzing real-time trading patterns and community engagement, the feature identifies potentially undervalued assets before they gain traction. Going forward, MEXC plans to expand its DEX+ support to more blockchains, including Ethereum, Arbitrum, Polygon, Avalanche, and zkSync. As the adoption of DeFi increases, there is a growing need to foster innovation in cross-chain liquidity. This will help bridge the gap between CEXs and DEXS and create a more connected and efficient crypto trading ecosystem.