MEXC said today (Tuesday) that its average daily stock futures volume across Asia rose 3,308% quarter-over-quarter. The number of daily traders increased 386% over the same period.For retail brokers, the figures show that crypto exchanges are channeling demand for stocks and commodities into leveraged products. TradFi perpetuals were already outpacing spot real-world assets across major crypto venues before the latest regional data.MEXC Ventures funded The Cross Asset Shift. Blockworks Research said the sponsor may have contributed to the content, while its researchers retained editorial control. The report does not provide the underlying MEXC volumes, survey sample size or fieldwork dates.Stock Futures Outpace Spot Growth in AsiaFutures activity continued to increase in the third quarter through August. Average daily stock futures volume across Asia rose another 102% from Q2, while the number of users increased 51%, according to MEXC's data.Southeast Asia recorded the fastest volume increase in Q2 at 6,648%, alongside a 399% rise in daily users. East Asian volume rose 1,957% and its user count increased 465%. The report does not disclose the starting volumes behind those percentage changes.MEXC's spot products grew from a smaller base. In Southeast Asia, average daily stock spot volume increased 348% in Q2 and 87% in Q3 through August. Daily users rose 153% and 159%, respectively.Survey Points to One-Account TradingMEXC's survey found that 87.2% of Asian respondents planned to increase their trading of traditional assets through centralized exchanges (CEXs). Another 83.9% said they already used CEXs as their primary venue for crypto trading."Asian investors want one funded account to cover more of their trading," MEXC CEO Vugar Usi said in written responses to FinanceMagnates.com.[#highlighted-links#]Usi said stablecoin balances allow users to move among crypto, gold, equities and indices without funding a separate brokerage account. He described much of the current futures demand as tactical and event-driven.Trading hours were another factor. The survey found that 75.1% of respondents had encountered a major market event while traditional markets were closed, while 79% would consider using a crypto venue to trade gold or oil in that situation.Futures Near $400 Billion While Spot ContractsReal-world assets, foreign exchange and tokenized stocks produced close to $400 billion in CEX futures volume in July, their highest monthly total in the period covered by Blockworks. The three categories accounted for more than 12% of monthly futures activity.The equivalent spot market remained below 2%. Combined spot volume for the three categories fell to about $9.5 billion in July from more than $30 billion in October 2025, even as tokenized stocks recorded periods of growth.Binance led tokenized stock futures, while MEXC and BingX each accounted for about 20% of the segment, according to the report. BingX launched a TradFi futures suite in January with contracts tied to more than 50 underlying assets.MEXC ranked fourth in tokenized stock spot volume in July with $427 million, behind Bybit, Gate and Binance. It has also moved beyond synthetic exposure through its RealStocks service for US shares, although MEXC has not publicly named the securities intermediary handling those transactions.Gold Provides a More Balanced TestGold was the earlier cross-asset product to reach scale. Open interest in precious metal perpetuals peaked at $1.98 billion in May and stood at $1.69 billion at the end of June, equal to 36.2% of total TradFi perpetual open interest.US stock futures overtook precious metals by open interest in June. The expansion brings the exchanges closer to securities and derivatives rules that vary by jurisdiction.FinanceMagnates.com previously reported that MEXC entered July without a Markets in Crypto-Assets license and remained on Hong Kong's regulator warning list.MEXC's PAX Gold market showed a more even product mix. From January through July, PAXG generated $2.02 billion in spot volume and $2.03 billion in futures volume, with the monthly futures-to-spot ratio ranging from 0.8 to 1.6.Usi expects more of the current futures activity to move into spot markets as liquidity improves and users become more familiar with the products.This article was written by Damian Chmiel at www.financemagnates.com.