MEXC Announces Listing of Shardeum (SHM) with 72,000 SHM and 150,000 USDT in Bonuses

MEXC, a leading global cryptocurrency exchange, announces that it will list Shardeum (SHM) in the Innovation Zone on May 8, 2025 (UTC).

A leading global cryptocurrency exchange, MEXC, will list Shardeum (SHM) in the Innovation Zone on May 8, 2025, at 09:00 UTC. To celebrate this significant addition to the exchange, MEXC is hosting three events with a combined prize pool of 72,000 SHM and 150,000 USDT.

What is Shardeum?

Shardeum is an EVM-compatible, autoscaling blockchain designed with dynamic state sharding to ensure permanently low gas fees while maintaining full decentralization and robust security.

This allows Shardeum to scale to handle the same throughput as centralized chains but with the open and decentralized nature of a blockchain.

Shardeum is on a mission to create an affordable blockchain ecosystem with sustainably low gas fees that are economically viable for users and developers alike. The project has secured over $31 million in funding from leading investors, including Struck Crypto, Arrington Capital, Big Brain Holdings, Spartan Group, Amber Group, Foresight Ventures, Jane Street, and more.

The project's token, $SHM, is used for both utility and governance functions, such as fee payments, validator staking, and on-chain governance proposals. It plays a crucial role in the platform's consensus mechanism, aligning incentives and securing the network to support sustainable Web3 innovation.

To celebrate the listing, MEXC is hosting three events for users to join:

Event 1: SHM Futures Trading Competition

Period: May 8, 2025, 09:00 UTC – May 15, 2025, 09:00 UTC

Content: During the competition period, users need to trade the SHM futures contract. Top 30 users with the highest trading volume will split 72,000 SHM.

Event 2: SHM Spot Trading Competition

Period: May 8, 2025, 09:00 UTC – May 15, 2025, 09:00 UTC

Content: During the competition period, users need to trade the SHM spot market. Top 100 users with the highest trading volume will split 100,000 USDT.

Event 3: SHM Net Influx Ranking

Period: May 8, 2025, 09:00 UTC – May 15, 2025, 09:00 UTC

Content: During the competition period, users' net SHM spot and futures influx will be calculated. Top 50 users with the highest net SHM will split 50,000 USDT.

MEXC is known for providing its users with early access to promising crypto projects. According to the latest TokenInsight report, from November 1, 2024, to February 15, 2025, MEXC led the industry with an impressive 461 spot listings.

Out of the 18 exchanges surveyed by TokenInsight, MEXC achieved the highest number of spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, usually ranking among the top six exchanges. This signifies MEXC's agility in quickly identifying and integrating trending tokens, ultimately offering more opportunities to its users. To date, MEXC has listed more than 3,000 digital assets.

Moving forward, MEXC will continue to maintain its industry-leading listing efficiency, introduce new types of tradable instruments, and expand its offerings to provide users with diverse and competitive options in the ever-evolving crypto landscape.

For full event details and participation rules, please visit here.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.”

Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets.

MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.