MEXC Exchange Unveils $20 Million Aptos Ecosystem Fund and Multimillion-dollar Promotions

MEXC and MEXC Ventures are proud to announce a $20 million Aptos ecosystem fund. Aptos is a Layer-1 blockchain platform renowned for its high

MEXC and MEXC Ventures have announced the establishment of a $20 million Aptos ecosystem fund. This fund is intended to support continuous innovation within the Aptos ecosystem.

The fund will sponsor hackathons, make early-stage investments, and offer support for the MOVE developer community. As Aptos expands its capabilities and advances Web3 innovations, this strategic commitment reflects a shared vision for broader blockchain adoption.

“With its high-performance infrastructure, Block-STM innovation, and the interoperable Move ecosystem, Aptos has fostered a thriving developer environment,” said Tracy Jin, VP of MEXC. “At MEXC, we aim to deliver value to our users by focusing on pioneering projects like Aptos, ultimately enhancing our community's experience and advancing blockchain technology.”

This commitment aligns with MEXC's long-term strategy of supporting innovative blockchain initiatives. Through these actions, MEXC aims to strengthen its ecosystem and provide meaningful benefits to its users, ultimately driving growth in the Web3 space.

To commemorate this event, the MEXC Exchange will launch several promotional campaigns from late October to January. Both new and existing users can participate in Aptos trading activities and compete for a share of the prize pool.

These campaigns will feature zero trading fees, staking rewards, competitive trading competitions, and “Learn-to-Earn” programs, offering diverse opportunities for community engagement.

As the initial initiative of this ecosystem fund, MEXC Ventures has recently committed to investing in two promising projects on Aptos.

Aries Market, the No.1 DeFi Platform on Aptos by TVL and the First and Biggest Lending Protocol since day one. Aries Markets provides a comprehensive suite of DeFi products designed to serve as the universal gateway to the Move ecosystem, including lending, borrowing, margin trading, swapping and more. This wide array of services underscores Aries’ commitment to leading innovation and enhancing widespread adoption in decentralized finance.

Amnis Finance, the #1 Liquid Staking Derivative protocol and the #2 DeFi protocol by TVL on Aptos. Amnis Finance introduces a secure, user-friendly and innovative liquid staking protocol that empowers users to effortlessly maximize returns on their APT tokens while unlocking their liquidity. They aim to become a foundational pillar in the Aptos Ecosystem to drive credit expansion through APT staking.

Additionally, MEXC Ventures is sponsoring the Aptos Code Collision. Through participation in this hackathon, MEXC Ventures aims to identify unicorns and support builders in the Aptos ecosystem.

Established in April 2022, MEXC Ventures is a comprehensive fund under MEXC that aims to drive innovation in the cryptocurrency sector through L1/L2 ecosystem investments, strategic investments and M&A.

In 2022, MEXC Ventures became an early advocate and leading investor in the TON ecosystem, which achieved significant growth. MEXC Ventures supported early-stage TON projects with investments and listings.

Operating under the principle of “Empowering Growth Through Synergy,” MEXC Ventures aims to remain at the forefront of Aptos' innovations and actively engage with MOVE builders to drive ecosystem growth.

The above is the detailed content of MEXC Exchange Unveils $20 Million Aptos Ecosystem Fund and Multimillion-dollar Promotions. For more information, please follow other related articles on the PHP Chinese website!