MEXC Pre-Market Trading: KernelDAO (KERNEL) Trading Closure and Settlement Timeline
The settlement for KernelDAO (KERNEL) pre-market trading is about to begin. Please ensure your Spot account holds sufficient KERNEL tokens to fulfill all pending settlement orders within the specified time. Failure to meet the delivery requirements on time will result in the loss of your entire collateral.
Key Timeline:
Pre-Market Trading Ends on: Apr 14, 2025, 10:00 (UTC)
Spot Trading Starts on: Apr 14, 2025, 11:10 (UTC)
Pre-Market Trading Settlement Starts on: Apr 14, 2025, 14:00 (UTC)
About KernelDAO (KERNEL)
KernelDAO is a pioneering Restaking protocol (>USD 1.9 Bn in TVL, >470k Users) operating across the entire stack of Restaking with three major product lines:
Kernel (USD 300 Mn TVL, 25+ projects ecosystem): Core infrastructure for restaking using BTC, BNB and other Yield-bearing tokens with 110k users including Testnet
Kelp LRT (USD 1.5 Bn TVL): Pioneering liquid restaking protocol on Ethereum driving liquidity and utility with 360k+ users
Gain (USD 150 Mn TVL): Innovative reward farming vaults with tokenized strategies across crypto and RWAs with 9k+ early users.
Backed by Binance Labs, Laser Digital, SCB, Bankless Ventures, Hypersphere, DACM etc.
Total Supply：1,000,000,000 KERNEL
| Official Website | X(Twitter) |
More About MEXC Pre-Market Trading
What is Pre-Market Trading?
Pre-Market Trading is an over-the-counter (OTC) service offered by MEXC that allows users to buy and sell new tokens before they are officially listed on the exchange. This service lets traders set preferred prices and find matching trades, providing an opportunity to trade at favorable prices before the public launch. By participating in MEXC Pre-Market Trading, users can gain a competitive edge before the tokens are officially issued. Staying informed about the trading process and requirements is essential to maximize your chances of success in these trades.
What are the advantages of Pre-Market Trading?
MEXC Pre-Market Trading provides investors with a way to seize market opportunities before a new token’s official issuance. Compared to post-listing trades, investors have the potential to acquire popular tokens on more favorable terms, potentially gaining a competitive advantage.
Trading Rules
- In MEXC Pre-Market Trading, users can buy or sell tokens before they are officially listed.
- Traders can act as a Maker by placing orders at preset prices, or a Taker by matching existing orders on the platform.
- Both buyers and sellers must collateralize their assets on MEXC to ensure timely settlements.
- Upon successful settlement by the seller, the collateral will be returned after settlement. For the buyer, upon successful settlement, the collateral will be used as payment for the settlement.
- Pre-Market Trading currently takes place within MEXC’s Spot accounts.
Buyer & Seller
Buyer |
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Seller |
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Terminology
Settlement Time | The seller will transfer the full amount of tokens agreed upon in the Pre-Market Trading to the buyer at the specified settlement time. Please refer to the token information section on the Pre-Market Trading page for more details. |
Collateral Rate | The collateral rate represents the percentage of the order value that must be held as collateral. Failure to complete the settlement within the specified time may result in the loss of collateral. For specific pledge rates, please refer to the token information section on the MEXC Pre-Market Trading page. |
Trading Fee Rate | The trading fee rate is a specified percentage based on the transaction value and varies depending on the tokens being traded. For specific fee rates, please refer to the token information section on the Pre-Market Trading page. |
Pre-Market Trading Frozen Amount |
For example, if Z% = 100%, then the frozen amount for buying or selling 1,000 USDT in Pre-Market Trading would be 1,000 USDT x 100%, equaling 1,000 USDT. |
Overdue Settlement Fee | If the seller fails to complete the settlement within the specified time, the platform will deduct a portion of the seller's collateral as a handling fee, with the remainder given to the buyer as compensation. Currently, MEXC does not charge any handling fees; all collateral is compensated to the buyer. |
Pre-Market Trading Fee Structure
- Trading Fees: Typically, a specific percentage of the total transaction amount is charged as a fee. However, MEXC is currently offering zero trading fees for Pre-Market Trading.
- Other Fees: Generally, if the seller fails to complete the settlement within the specified time, the platform will deduct a portion of the seller's collateral as a handling fee, with the remainder given to the buyer as compensation. Currently, MEXC does not charge any handling fees; all collateral is returned to the buyer as compensation.
- Unexecuted Orders: No fees are charged for unexecuted orders. Please note that the fee structure for Pre-Market Trading differs from that of other trading markets on MEXC.
- For specific fee details, please refer to the corresponding token information on the MEXC Pre-Market Trading page.
Disclaimer
- The mechanism for certain products in the Pre-Market Trading session differs from that of the standard settlement market. Please ensure you thoroughly understand the mechanisms and risks associated with Pre-Market Trading products in advance.
- Please note that Pre-Market Trading may involve various risks, including limited liquidity, wide bid-ask spreads, and price uncertainty.