ArbiLayer

MEXC vs Lighter

Fees, coins, new listings, perp prices and safety of MEXC and Lighter, side by side.

MEXC logo

MEXC

Centralized exchange · since 2018

Global centralized exchange founded in 2018, known for a large token selection and low or zero-fee trading promotions.

New users: Welcome rewards advertised up to 10,000 USDT for new users

Claim on MEXC ↗
Lighter logo

Lighter

Perp DEX · since 2022

Order-book perpetual and spot exchange built as an app-specific ZK rollup on Ethereum, with verifiable matching and liquidations and zero fees on standard accounts.

New users: Weekly points drops and a free Premium trial week via referral

Claim on Lighter ↗
MEXCLighter
Trading fees (base tier)
Spot maker0%0%
Spot taker0.05%0%
Futures maker0.01%0%
Futures taker0.04%0%
Markets (live)
Coins listed2,023213
Coins with perpetuals1,092213
Coins with spot pairs1,5110
24h volume$14.64B$2.47B
Coins only here131 coins trade on both1,89282
New listings (detected live)
Last 30 days172
Last 90 days172
Safety and access
Proof of reservesYes · monthly · HackenYes · real-time
LicensesNone listedNone listed
Restricted regions11 regionsUnited States, Mainland China, Canada, United Kingdom, Singapore…15 regionsUnited States, Canada, United Kingdom, China, North Korea…
HeadquartersNo official HQ disclosed; recent press releases are datelined Mutsamudu, ComorosLighter, Inc. (Delaware corporation, United States)
Exchange tokenMXLIT
Incidents on record21
Highlighted = better on that line. Fees are base-tier rates before VIP and token discounts. Markets and listings are counted live from exchange APIs.

Top coins only on MEXC

Top coins only on Lighter

MEXC or Lighter?

MEXC and Lighter are compared here on what matters when you choose where to trade: base trading fees, how many coins each lists, how quickly they add new ones, perpetual prices and funding on the coins both list, and safety signals such as proof of reserves and restricted regions. Live numbers update from the exchanges' public market data; fees and policies were checked against each exchange's own pages.

MEXC lists 2,023 coins and Lighter 213. 131 coins trade on both, 1,892 only on MEXC and 82 only on Lighter. In the last 30 days MEXC added 17 new coins and Lighter 2.

Fees above are base-tier rates before VIP levels and token discounts; MEXC offers 3 discount options and Lighter offers 4 discount options. Availability depends on where you live, so check the restricted regions before signing up.

Which has lower fees, MEXC or Lighter?

At the base tier, spot taker fees are 0.05% on MEXC and 0% on Lighter; futures taker fees are 0.04% and 0%. VIP tiers and token discounts lower both.

Which lists more coins, MEXC or Lighter?

MEXC lists 2,023 coins and Lighter 213. 131 coins trade on both exchanges.

Which adds new coins faster?

In the last 30 days ArbiLayer detected 17 new coins on MEXC and 2 on Lighter.

Do MEXC and Lighter publish proof of reserves?

MEXC: yes. Lighter: yes.

Compare MEXC with

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