In August 2026, the MEXC 0808 Annual Brand Festival officially kicks off! As a core initiative of the inaugural "US Stock Season," three product types—Stock Futures, Tokenized Stocks, and RealStocks—will be available for trading with zero fees during the event.
This window makes it practically significant to understand the essential differences among these three products—different product forms correspond to different risk-return profiles and investment logics. While all three provide exposure to the US stock market, they differ fundamentally in asset attributes, holding rights, trading mechanisms, and applicable scenarios.
This article systematically outlines the differences among the three from four dimensions: product definition, core features, rights structure, and applicable scenarios, helping investors make choices based on their own investment goals.
RealStocks is a US stock spot trading product launched by MEXC in collaboration with regulated securities brokers. This product is powered by Atomic Vaults Securities, a broker regulated by FINRA, providing access to real US stocks through regulated securities infrastructure. Users can directly trade real stocks of US-listed companies using USDT, hold the corresponding stock assets, and enjoy shareholder rights such as dividend distributions where applicable. Core Features:
Real Equity: Users purchase real shares registered with U.S. listed companies, not derivatives or tokens. RealStocks are not tokenized stocks, synthetic assets, or contracts for difference (CFDs); instead, they enable users to hold real U.S. stocks through partnered licensed brokers.
Shareholder Rights: As holders of real stocks, you enjoy full shareholder rights, including cash dividends where applicable.
Trading Hours: Covers four sessions (UTC): 00:00–07:50 Overnight; 08:00–13:30 Pre-market; 13:30–20:00 Regular Trading; 20:00–00:00 After-hours.
Deposit Methods: Users can deposit directly in USDT, which the system converts into USD purchasing power without exchange loss.
Coverage: Supports over 7,000 U.S. stocks and ETFs.
Account Opening: Users do not need to open a separate account with an external broker; stock accounts can be opened directly within MEXC.
The essence of RealStocks is to combine the legal ownership of traditional equity with the trading experience of crypto platforms. Users hold not just price exposure, but actual company shares. In its first month since launch, over 120,000 users have opened RealStocks accounts.
Tokenized Stocks are blockchain representations of traditional corporate equity—licensed brokers hold the physical shares and issue 1:1 pegged digital tokens on-chain. MEXC has listed over 100 Ondo tokenized stock trading pairs, covering sectors such as AI, semiconductors, and energy. Core Features:
Blockchain Tokens: Tokenized stocks are digital tokens built on blockchain infrastructure, with prices pegged to the stock prices of listed companies.
Economic Exposure, Not Equity: Users gain economic exposure to stock prices but do not hold equity in the corresponding company. The legal holder remains the issuer or its custodian, and users must assert their rights through the issuer's terms.
24/7 Trading: Not restricted by traditional stock market trading hours, allowing for round-the-clock trading.
DeFi Composability: Can be used as on-chain assets in DeFi protocols, such as collateral for lending.
Limited Shareholder Rights: Users lack direct legal shareholder status. Dividends are typically presented in some form but with limited rights; voting rights are usually merely advisory expressions without legal binding force.
Regulatory Positioning: The U.S. SEC has clarified that "tokenized securities remain securities." The SEC further distinguishes between custodial and synthetic tokenization, noting that if a token does not grant the holder legal ownership or substantial beneficial interest in the underlying stock, it may constitute a security-based swap agreement.
The essence of tokenized stocks is the "on-chain shadow" of stocks—offering convenience and composability, but with incomplete rights. It addresses the need for crypto users to gain exposure to US stock prices 24/7 without traditional brokers.
Stock Futures are perpetual contracts based on individual stocks or stock indices. Users trade stock price fluctuations using USDT as margin, without needing to hold the actual stocks. Core Features:
Contracts, Not Assets: Stock contracts are price contracts with no legal connection to stock ownership.
Leveraged Trading: Enables both long and short positions through a margin mechanism, supporting up to 200x leverage.
7×24 Hour Trading: Not restricted by traditional stock market trading hours.
Underlying Price Anchoring: Prices are anchored to the spot index prices of corresponding tokenized stocks.
Trading Experience: Adopts the same trading methods and interface as cryptocurrency perpetual contracts, reducing the learning curve for users participating in stock contract trading.
No Shareholder Rights: Holds no shareholder attributes; does not entitle holders to dividends or voting rights.
Stock contracts are essentially price leverage tools for stocks—efficient, flexible, and suitable for speculation and hedging. Upon closing a position, only USDT profits or losses are realized, with no relation to holding actual stocks.
In June 2026, MEXC's stock and index futures trading volume increased by approximately 261% month-over-month, reflecting the rapid growth in user demand for US stock derivatives.
Dimension | RealStocks (Real Stocks) | Tokenized Stocks (Tokenized Stocks) | Stock Futures (Stock Futures) |
Asset Attributes | Shares of real listed companies, held through licensed brokers | 1:1 pegged tokens on the blockchain | Standardized perpetual futures |
Shareholder Rights | ✅ Full shareholder rights, including cash dividends where applicable | ❌ No legal shareholder status, limited rights | ❌ No shareholder attributes whatsoever |
Trading Hours | Nasdaq market trading hours (including pre-market and after-hours) | 7×24 | 7×24 |
Leverage Trading | ❌ Not supported | ❌ Not supported | ✅ Up to 200x leverage |
Deposit Methods | USDT | Stablecoins/Cryptocurrencies | USDT |
Holding Costs | No funding rate | No funding rate | Perpetual futures require payment of funding rates |
Covered Assets | 7,000+ US stocks and ETFs | Top popular assets (over 100 trading pairs) | Top popular assets |
Short Selling Mechanism | ❌ Not supported | ❌ Not supported | ✅ Supports both long and short positions |
The three product types correspond to three distinctly different participation logics. The key to choosing is not “which is better,” but “which better matches your goals.”
Buying RealStocks means becoming a shareholder of a company. Your sources of return include not only stock price appreciation but also cash dividends where applicable. If you believe in a company’s long-term value and wish to share in its growth and dividends, RealStocks is the only way to truly “hold” it.
Suitable for the following scenarios:
Long-term investing: Bullish on a company’s fundamentals and willing to hold for several years or longer
Dividend strategy: Seeking stable cash flow and hoping to receive dividend payments
Shareholder rights: Valuing legal rights such as voting rights as a shareholder
Please note: Trading hours are limited to traditional U.S. stocks trading sessions and cannot be operated 24/7 like Cryptocurrency; leverage or short selling is not supported, lacking flexibility for short-term trading.
Tokenized Stocks allow you to gain economic exposure to U.S. stocks prices without leaving the crypto ecosystem. The biggest advantage is 24/7 trading—you can react at any time to earnings releases, policy changes, or unexpected events, without waiting for Nasdaq to open.
Suitable for the following scenarios:
All-weather trading: Hope to operate outside of U.S. stocks trading hours
DeFi integration: Hope to use U.S. stocks exposure as on-chain assets, such as using them as collateral for lending
Fragmented allocation: Obtain diversified exposure to top-tier assets with a lower capital threshold
Please note: You do not own equity in the corresponding company and do not enjoy full legal shareholder rights; dividends and voting rights are restricted or absent.
Stock Futures are pure price instruments—no ownership involved, no dividends, only concerned with price direction. With up to 200x leverage and a two-way long/short mechanism, they are the preferred choice for short-term traders and hedgers.
Suitable for the following scenarios:
Short-term trading: Capturing price fluctuations within a day or over several days
Long/short strategies: Profiting by going Short when expecting stock prices to fall
Risk hedging: Hedging downside risk of existing Positions
Leverage amplification: Obtaining larger notional exposure with smaller margin
Note: Leverage amplifies both profits and losses; perpetual contracts require payment of funding rates, making Position costs significant; no shareholder rights are enjoyed.
MEXC is one of the few platforms that simultaneously offers these three U.S. stock products. From early participation in the Pre-IPO Launchpad, to leveraged trading with Stock Futures, to 7×24 flexible exposure with Tokenized Stocks, and finally to genuine equity ownership with Real Stocks—MEXC has built a complete U.S. stock investment path covering different stages of corporate development.
In June 2026, the trading volume of U.S. stocks on the six major mainstream exchanges surged by 337.4% month-over-month to $189.84 billion, making U.S. stocks the largest asset class in traditional finance for the first time. User demand for U.S. stock-related products is experiencing explosive growth. Against this backdrop, understanding the essential differences between various products is a prerequisite for making effective investment decisions.
As the inaugural themed event of the MEXC 0808 Annual Brand Festival, "US Stock Season" officially kicks off with a $500,000 prize pool, launching zero-fee trading across stock contracts, tokenized stocks, and RealStocks.
Event Schedule:
Early Bird Registration: Aug 5, 16:08 – Aug 8, 16:07 (UTC+8)
Official Event: Aug 8, 16:08 – Aug 29, 07:59 (UTC+8)
How to Participate: After registering, invite friends to sign up and make a first deposit of ≥100 USDT. For each successful referral, you will receive 1 draw ticket, up to a maximum of 3 tickets. Once the official event begins, complete the 8 major tasks on the "Opportunity Map" to earn up to 8 additional draw tickets.
Rewards Include:
Disclaimer: This report is for research reference only and does not constitute any investment advice. Cryptocurrency prices are highly volatile, and geopolitical events as well as macroeconomic changes may significantly impact the market. Investors should make independent judgments based on their own risk tolerance. Any platform products or trading pairs mentioned in this report are presented as objective data and do not constitute recommendations to buy or sell.