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MEXC and Canton announced the launch of the Canton 0-Fee Carnival on October 30, 2026, introducing a $1 million prize pool and zero-fee trading for Canton Coin (CC) pairs. The promotional campaign runs from 10:00 UTC on October 30 to 10:00 UTC on November 30, 2026, allowing users to participate in a series of events designed to drive trading volume and network engagement.
Zero-Fee Trading and Prize Structure
The core of the campaign is the 0-Fee Trading Fest, which applies zero trading fees to the CC/USDT and CC/USDC spot pairs as well as CCUSDT futures. This fee waiver is paired with a $1 million total prize pool distributed through six specific events. The events include the Welcome Power Reward, Treasure Lever Frenzy, Canton Trading Rush, Buy and Hold to Earn, and Learn to Earn.
For the Welcome Power Reward, users must register during the event period, make a net deposit of at least $100, and hold that amount for a minimum of 24 hours. Eligible participants receive a $200 CC position airdrop and a $5 cash bonus in CC. These rewards are distributed on a first-come, first-served basis.
The Treasure Lever Frenzy requires users to complete trading missions on CC/USDT spot and CCUSDT futures. Completing these missions grants users chances to pull a virtual treasure lever, with rewards of up to $1,000 in CC. Similar to the welcome reward, this event operates on a first-come, first-served distribution model.
Trading Volume and Holding Requirements
The Canton Trading Rush is split into two components based on asset class. For the spot component, users must reach a cumulative trading volume of at least $5,000 on CC/USDT to share in a prize pool of 1,500,000 CC. The per-user cap for this spot pool is 1,000 CC. For the futures component, users must achieve a cumulative trading volume of at least $100,000 on CCUSDT perpetual futures to share a pool of 3,500,000 CC, with a per-user cap of 3,000 CC.
The Buy and Hold to Earn event targets users who maintain a spot position of at least 1,000 CC. Participants share a prize pool of 1,000,000 CC based on their average valid holdings, which are measured through random daily snapshots. The maximum reward for any single user in this category is 2,500 CC.
Finally, the Learn to Earn event offers 50 CC to users who read the Canton Academy article and complete an associated quiz. A total of 500,000 CC is available for this event, distributed on a first-come, first-served basis.
Canton Network and MEXC Context
Canton Network is described as a privacy-enabled blockchain infrastructure designed for institutional financial markets. The network supports the tokenization of real-world assets (RWAs) and enables financial applications to connect and coordinate workflows. Canton Coin (CC) serves as the native utility token of the network, used to pay network fees and reward participants for their contributions to the ecosystem.
MEXC, founded in 2018, is a global multi-asset trading platform serving users across more than 170 markets. The exchange offers access to crypto assets, stocks, ETFs, tokenized assets, and commodities. The company stated that the campaign reflects its focus on real-world asset tokenization and institutional-grade blockchain infrastructure, aiming to help users discover emerging projects and access new trading opportunities under its vision of “0 Fees, Infinite Opportunities.”
Frequently Asked Questions
What are the trading fee terms for the Canton 0-Fee Carnival?
Zero trading fees apply to CC/USDT and CC/USDC spot pairs and CCUSDT futures during the campaign period from October 30 to November 30, 2026.
How is the Buy and Hold to Earn reward calculated?
Rewards are based on average valid holdings of at least 1,000 CC measured through random daily snapshots, with a per-user cap of 2,500 CC from a 1,000,000 CC pool.
