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Crypto Analytics

MEXC vs On-Chain (DefiLlama) — Which Is Better? Fees, Staking & Winner

Overall Winner
MEXC
3 — 0
Open Account
MEXC →
Open Account
On-Chain (DefiLlama) →
3 — 0

Our Verdict

MEXC leads on 3 of 6 criteria against 0 for On-Chain (DefiLlama) — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.

6 criteria

Scorecard

Criteria MEXC On-Chain (DefiLlama) Winner
Staking Coverage (coins) 24 0 MEXC
Best Rates (top-10 coins) 0 0 Draw
Avg USDT Fee 0.20 No data
Funding Coverage (coins) 492 0 MEXC
Network Availability 80.7% No data
Withdrawal Coins 9513 0 MEXC

The average USDT fee is computed across all of the exchange's networks; the line under the page heading shows a different figure — the cheapest available network. Hence the two numbers differ: one answers "how much on average", the other "how much if you pick the best route".

2

Which one for which job

An overall score decides little: the two exchanges win on different axes. Here is which ones, with the number next to each.

Staking coverage
MEXC
MEXC — 24, On-Chain (DefiLlama) — 0.
Funding coverage
MEXC
MEXC — 492, On-Chain (DefiLlama) — 0.
1

Best For

MEXC
Best at:
Staking Coverage (coins) Funding Coverage (coins) Withdrawal Coins
Open MEXC
90 · 8

Rates over 90 days

A headline APR is one point in time. This shows what it actually hovered around for three months and how often it moved.

Coin MEXC On-Chain (DefiLlama)
Now Average Range Changes Now Average Range Changes
BTC 600.00% 600.00% 600.00–600.00 0
ETH 200.00% 200.00% 200.00–200.00 0
USDT 600.00% 600.00% 600.00–600.00 0
USDC 10.00% 11.24% 10.00–12.00 2
SOL 200.00% 200.00% 200.00–200.00 0
XRP 5.00% 5.44% 5.00–6.00 1
DOGE 5.00% 5.49% 5.00–6.00 1
HYPE 5.00% 5.47% 5.00–6.00 1

A change means the value moved between samples, not the sample itself: polling records the rate regularly, and without that collapse "changes" would simply equal the number of readings.

7 / 30

Funding on average

Annualised percentages from the average rate over 7 and 30 days. The current rate moves every few hours; the average is a property of the venue.

Coin MEXC On-Chain (DefiLlama)
7 days 30 days 7 days 30 days
ADA +2.33% +5.40%
BTC +9.03% +7.41%
DOGE +7.24% +7.44%
ETH +5.05% +5.76%
GRAM +21.90% +21.87%
HYPE +3.48% +4.07%
SOL -2.06% +4.05%
XRP +3.18% +3.46%
10 coins

Staking Rate Comparison

Coin MEXC APR On-Chain (DefiLlama) APR
BTC 600.00%
ETH 200.00%
USDT 600.00%
USDC 10.00%
SOL 200.00%
BNB
XRP 5.00%
GRAM
ADA
DOGE 5.00%
11 coins

Withdrawal Fee Comparison

Side-by-side withdrawal fees for popular coins on the best available network.

Coin Network MEXC On-Chain (DefiLlama)
BTC BITCOIN(BTC) 0.00002
ETH ABSTRACT 0.00005 (Disabled)
USDT APTOS(APT) 0.1
USDC ALGORAND(ALGO) 1
SOL SOLANA(SOL) 0.000037
BNB BNB SMART CHAIN(BEP20) 0.00001
XRP RIPPLE(XRP) 0.02
GRAM BNB SMART CHAIN(BEP20) Free (Disabled)
ADA CARDANO(ADA) 2
DOGE BNB SMART CHAIN(BEP20) 0.17
HYPE HYPEREVM 0.0005
10 coins

Funding Rate Comparison

Current perpetual futures funding rates for popular coins.

Coin MEXC On-Chain (DefiLlama)
BTC +0.0097%
ETH +0.0054%
USDC +0.0087%
SOL -0.0012%
BNB +0.0000%
XRP +0.0100%
GRAM +0.0200%
ADA +0.0100%
DOGE +0.0100%
HYPE +0.0050%
5 spreads

Arbitrage Opportunities

Current price spreads between MEXC and On-Chain (DefiLlama).

Coin Buy On Sell On Spread
ARB On-Chain (DefiLlama) MEXC 0.27%
UNI On-Chain (DefiLlama) MEXC 0.06%
WBTC On-Chain (DefiLlama) MEXC 0.05%
UNI MEXC On-Chain (DefiLlama) 0.02%
LINK On-Chain (DefiLlama) MEXC 0.01%
View MEXC Profile View On-Chain (DefiLlama) Profile
9

FAQ

Which is better: MEXC or On-Chain (DefiLlama)?
It depends on your priorities. Check the scorecard above comparing MEXC and On-Chain (DefiLlama) across 6 criteria: staking coverage, best rates, fees, funding, availability, and coin support.
Which exchange has better staking rates: MEXC or On-Chain (DefiLlama)?
Staking rates vary by coin. The rate comparison table above shows how MEXC and On-Chain (DefiLlama) compare for the top 10 most popular cryptocurrencies.
Are withdrawal fees lower on MEXC or On-Chain (DefiLlama)?
Average USDT withdrawal fees are compared in the scorecard. The detailed fee comparison table shows per-coin, per-network fees so you can find the cheapest option for each coin.
Which networks are available for withdrawals on MEXC and On-Chain (DefiLlama)?
Network availability varies by exchange and changes frequently. The fee comparison section shows which networks are enabled for each coin. Yieldo updates this data every 10 minutes.
How do funding rates compare between MEXC and On-Chain (DefiLlama)?
Funding rates differ by coin and change every 8 hours. The funding rate comparison table shows current rates for popular coins. Positive rates mean longs pay shorts; negative means shorts pay longs.
Can I arbitrage between MEXC and On-Chain (DefiLlama)?
Yes, price differences between MEXC and On-Chain (DefiLlama) create arbitrage opportunities. Check the arbitrage section above for current spreads. Remember to account for withdrawal fees and transfer times.
Which exchange is better for beginners: MEXC or On-Chain (DefiLlama)?
Both MEXC and On-Chain (DefiLlama) are established exchanges with user-friendly interfaces. Compare the features that matter most to you: supported coins, staking options, and fee structures.
Which exchange supports more coins: MEXC or On-Chain (DefiLlama)?
Coin support is compared in the scorecard above. Check the staking coverage and withdrawal coins criteria to see which exchange covers more assets.
Is it safe to keep funds on MEXC or On-Chain (DefiLlama)?
Both are established centralized exchanges, but all CEX platforms carry inherent custodial risk. Consider diversifying across multiple exchanges and using hardware wallets for long-term holdings.

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