MEXC, a leading global cryptocurrency exchange, has announced the official listing of Initia (INIT) on April 24, 2025 (UTC). To celebrate, the platform is hosting a major promotional event featuring a prize pool of 115,000 INIT and 50,000 USDT for both new and existing users.
Initia introduces a groundbreaking interwoven optimistic-rollup network that redefines multichain architecture with native interoperability and shared liquidity. As a comprehensive Layer 1+2 platform, Initia supports both EVM and Move VM environments, enabling efficient and collaborative development across ecosystems. The platform is developed by DeFi and blockchain security veterans and supported by key investors such as YZi Labs (Binance Labs), Hack VC, Delphi Digital, and Theory Ventures.
The $INIT token is the native utility token of the Initia ecosystem and is essential for gas fees, staking, governance participation, cross-chain interactions, and liquidity incentives. This token plays a crucial role in fostering active participation and sustaining a decentralized financial environment.
To commemorate the INIT listing, MEXC is launching an Airdrop+ event from April 18 to May 4, 2025 (UTC), including the following activities:
- Deposit Bonus: New users can share 90,000 INIT
- Spot Trading Challenge: All users can trade to share 10,000 INIT
- Futures Trading Challenge: Participants can share 50,000 USDT in bonus rewards
- Referral Program: Invite friends and share 15,000 INIT
MEXC continues to lead in early access to promising digital assets. In 2024, the platform listed 2,376 tokens—1,716 of which were first listings. As reported by TokenInsight, MEXC had 461 spot listings between November 1, 2024, and February 15, 2025, placing it consistently among the top six global exchanges. The exchange aims to maintain its momentum by introducing more high-potential assets and offering users timely opportunities in the evolving crypto market.