MEXC
Bybit
vs
MEXC
MEXC

Compare Bybit vs MEXC perpetuals: funding rates, fees, open interest, trading volume, liquidity, liquidation data and regulatory compliance updated in real-time.

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About

Bybit, founded in 2018 by Ben Zhou, is the second-largest crypto perpetuals exchange by liquidity and trading volume globally.

Headquartered in Dubai, it serves 60M+ users in 160 regions, providing spot trading, futures, crypto options, staking, and lending across 1,800+ assets.

Bybit holds licenses in UAE, Cyprus, and other tier-1 jurisdictions, secures assets via multi-signature cold storage, and regularly publishes verified Proof of Reserves audits.

MEXC, founded in 2018 by John Chen, is a major crypto exchange offering perpetual futures with leverage up to 200x and access to over 2,900 cryptocurrencies. 

Serving 30 million traders in 170 countries, MEXC features low futures fees, diverse altcoin markets, and special perks for high-volume users. 

While it provides robust security through Proof of Reserves and cold storage, MEXC remains unlicensed by major regulators and has drawn warnings from several global financial bodies.

Rating

9.4

/10

Rating Methodology

Read Review
  • Regulatory Compliance

    9

  • Features & Supported Assets

    10

  • Trading Fees

    9

  • Depth & Liquidity

    9.5

7

/10

Rating Methodology

Read Review
  • Regulatory Compliance

    1

  • Features & Supported Assets

    9

  • Trading Fees

    10

  • Depth & Liquidity

    8

Spot Assets

1800

2900

Perpetual Contracts

USDT & USDC Settled

USDT only

Spot Volume (24H)

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Perpetuals Volume (24H)

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Crypto Options Volume (24H)

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Open Interest (24H)

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Live Funding Rates
BTC Funding Rate
ETH Funding Rate
BNB Funding Rate
SOL Funding Rate

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USDT

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USDC

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USDT

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USDC

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USDT

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USDC

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USDT

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USDC

-- -- --

USDT

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USDC

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USDT

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USDC

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USDT

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USDC

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USDT

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USDC
Taker Fees

0.055

%

0.02

%

Maker Fees

0.02

%

0

%

Perpetual Contract Types

USDT & USDC Settled

USDT only

Available Leverage

125x

200x

Regulation

CySEC (Cyprus), VARA (Dubai), FSA (Kazakhstan), and VASP (Georgia)

Unlicensed (Previous Licenses revoked in Seychelles & Estonia)

Proof of Reserves

Yes

No

Yes

No

Supported Countries

160+

170

Total Users

67 Million

30 Million

Headquarters

Dubai, United Arab Emirates

Seychelles

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