Head to head
the arrow points to the better figure| Injective | MEXC | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $4.01 |
| — | BTC trade, $1M | $401 |
| — | BTC book depth | $294.4M |
| 0.000%/0.000% | ◀Taker / maker | 0.020%/0.000% |
| 100x | Max leverage▶ | 1000x |
| Size | ||
| $34.1M | Volume 24h▶ | $16.38B |
| $48.7M | Volume, 7-day average▶ | $11.58B |
| $3.3Mlongs + shorts | Open interest | $12.95Bone side |
| — | TVL | — |
| Markets | ||
| 297 | Markets▶ | 1213 |
| 123 | Stocks & RWA▶ | 469 |
| — | Funding paid every | 1h or 4h or 8h or 24h |
| −0.0025% | BTC funding /8h | +0.0100% |
| +1.261% | BTC longs paid, 30d | +0.487% |
| Access | ||
| No ID | ◀KYC | Required |
| $INJ | Token | $MX |
| — | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 0
funding /8h · Net 7d at $10kOnly on Injective: 0
Only on MEXC: 1085
BTC · ETH · XAUT · XAU · SOL · XRP · XAG · ZEC · PEPE · HYPE · SUI · BZ · TAO · SKHYNIX · DOGE · NEAR · SP500 · BNB · CL · SPCX · ENA · WLD · LINK · AAPL · ONDO · INTC · LTC · ADA · NAS100 · RBLX · MU · CRCL · UNI · BCH · AVAX · CAD · XPT · QQQ · GBP · HBAR · NVDA · SOXL · GOOGL · SPY · ASTER · ARB · SNDK · PAXG · INJ · ANTHROPIC · QNT · XLM · FARTCOIN · XMR · BEAT · DOT · AAVE · SKHY · MSFT · CHF · and 1025 more
Questions
Which has more markets, Injective or MEXC?
Injective lists 297 active markets and MEXC 1213; 0 assets trade on both.
Does Injective or MEXC require KYC?
Injective: No ID on Helix (email, Google or a wallet); Injective's terms block the UK, Canada, Russia, Belarus and sanctioned countries. MEXC: KYC before trading since Feb 2026; unverified accounts see market data only.
Can you arbitrage funding between Injective and MEXC?
Not profitably right now: none of the 0 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Injective or MEXC?
24-hour volume: Injective $34.1M, MEXC $16.38B. Open interest as each reports it: $3.3M and $12.95B. Injective reports open interest as longs plus shorts, both sides of every position; MEXC reports one side. For the same positions Injective's figure reads about twice as large.

