MEXC Launches Industry-Disrupting Partnership with The Open Network (TON), Introducing a $1M Reward Pool Campaign

Launching today and running through June 20, the “TON Triumph” campaign eliminates all trading fees on TON pairs while offering staking returns that dwarf typical yields by up to 100 times.

May 21, 2025 – Seychelles – In an industry-disrupting partnership, leading global cryptocurrency exchange MEXC is launching a $1 million reward pool campaign with The Open Network (TON) that eliminates all trading fees, offers up to 400% APR on staking yields, and fundamentally challenges established exchange revenue models.

Launching today and running through June 20, the “TON Triumph” campaign will eliminate all trading fees on TON pairs while offering staking returns that dwarf typical yields by up to 100 times. New users registering during the campaign period will also be eligible for a limited-time staking opportunity with up to 400% APR on TON tokens—making it the most aggressive user acquisition campaign in the cryptocurrency exchange sector this year.

Announced at the partnership launch, the campaign will see portions of a $1 million crypto fund allocated toward various reward tiers, including:

• No trading fees on all TON pairs

• Up to 400% APR on new users’ staking yields for a limited time

• Passive rewards of up to 8% daily APR for USDE holders

• Spot trading rewards from a pool of 32,500 TON

• A futures trading competition with 100,000 USDT in bonuses

The 30-day campaign introduces multiple disruptive elements that directly challenge other exchanges’ TON market dominance:

– Zero Trading Fees: Unlike other exchanges, which typically charge a 0.1% to 0.2% trading fee, MEXC will eliminate all trading fees on all TON pairs throughout the entire campaign period. This move drastically reduces the entry costs for new users engaging with the TON ecosystem.

– High-Yield Staking Opportunities: In addition to zero trading fees, MEXC will offer new users the chance to participate in a special staking pool with variable APRs of up to 400% on select TON tokens, accessible for a limited time during the campaign. This compares to typical staking products that usually yield 1% to 5% APR.

– Rapid New User Registration: To maximize participation in the campaign, new users can register for a MEXC account and complete KYC verification in a few minutes through the web or mobile platforms. Afterward, they can seamlessly access the full range of campaign benefits.

The partnership is pivotal for The Open Network, which continues to gain momentum through its connection to Telegram’s 900+ million users and growing developer ecosystem. Since launching its mainnet in 2022, TON has seen strong adoption for DeFi protocols, NFTs, and Web3 projects, aided by the network’s high throughput and low gas fees.

This collaboration represents a significant leap forward in TON’s accessibility and adoption curve. By drastically reducing barriers to entry while providing exceptional incentives, the campaign accelerates the integration of new participants into the TON ecosystem, coinciding precisely with the network’s rapidly expanding technical capabilities and use cases.

The campaign also showcases MEXC’s platform capabilities, demonstrating advanced infrastructure that can handle zero-fee trading across multiple markets simultaneously while managing high-volume staking operations with variable APR structures.

The $1 million in rewards is available exclusively during the 30-day window, with certain high-value components like the 400% APR staking pool starting on May 21th and operating on a capped allocation basis.

“This partnership represents a strategic inflection point for both the TON ecosystem and the broader exchange landscape,” said Tracy Jin, COO of MEXC. “By eliminating all typical entry costs into TON trading for a full month and offering returns that outpace all competitors by up to 100 times, we’re not simply running a promotion—we’re fundamentally changing how users engage with emerging Layer-1 ecosystems.”

After the campaign ends on June 20, trading fees on TON pairs will revert to MEXC’s standard rates, and the special 400% APR staking pool for new users will close. However, other campaign benefits, such as the daily USDE savings and futures trading bonuses, will continue.