MEXC will launch Cycle Network (CYC) and hold airdrop events

MEXC announced the launch of Cycle Network (CYC) and will hold airdrop events from 16:00 on August 4 to 16:00 on August 14, 2025 (Hong Kong time). The total prize pool includes $100000 CYC and $15000 USDT. The event is divided into deposit rewards, futures challenges, spot challenges, and invitation rewards, with some benefits limited to new users only. Within one hour after the launch of CYC spot trading, MEXC Convert function will be supported, allowing users to quickly convert assets with zero transaction fees.