Is MevX legit?
MevX is a real, operating trading terminal live since 2024-07. It is embedded-wallet, KYC: none. We found no reported hacks or fund losses in our sources. Legit is not the same as low-risk: the coins traded on it can still go to zero.
Checked 2026-10-16 · 11 sourcesThe checklist
| Check | Finding |
|---|---|
| Operating status | live |
| Custody | embedded-wallet |
| Identity check (KYC) | none |
| Known backers | none found |
| Reported incidents | none found |
| Published fees | yes |
| US availability | unknown |
Custody: who holds your money
Logging in via Telegram or Google auto-generates a trading wallet whose private key is shown once for the user to save; wallet-extension logins get a MevX-created sub-wallet. The docs also offer importing a wallet by private key, while MevX's Terms (s4.0.2-4.0.3) describe the service as non-custodial and say importing keys is 'neither required nor permitted'.
Incidents
No reported hacks, exploits or frozen withdrawals in the sources we checked.
Real downsides
- Ranks are re-checked every 30 days, so the lower fee tiers require sustained trading volume.
- Unclaimed referral earnings reset after 1 month per the docs.
- Docs offer private-key wallet import while the Terms say importing keys is not permitted.
- No public funding, company entity or named team is disclosed in the docs; the team KYC is with Assure DeFi.
Can you use it where you live?
| Region | Status |
|---|---|
| United States | Unverified |
| United Kingdom | Unverified |
| European Union | Unverified |
Terms name no restricted countries. They bar use where it would violate local law, reserve the right to geo-block, and prohibit VPNs to bypass geo-blocking. Governing law is Australia. (source)
We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.
How to use MevX without getting scammed
- Only open mevx.io — fake lookalike sites and "support" DMs are the most common way people lose funds on any trading venue.
- Never share a seed phrase or private key. No real support agent will ask for one.
- A referral code only changes your fee and who gets a share of it. It never needs your keys.
- Treat every new memecoin as able to go to zero. A legit venue does not make the coins on it safe.
Comparing options? See the full MevX sheet or fomo, Axiom, GMGN.
FAQ
Is MevX legit?
MevX has operated since at least July 2024, when DefiLlama began recording its fees, and its team completed KYC with Assure DeFi. It discloses no investors or company entity. Trades run from MevX-generated wallets whose keys are shown once at login. No security incident was found in sources checked.
What are MevX's trading fees?
MevX charges 0.9% per transaction at the default Beginner rank, then 0.85%, 0.8%, 0.75% and 0.7% at Silver, Gold, Platinum and Diamond. Rank cashback of 6% to 35% lowers the stated actual cost to 0.84% down to 0.45%. The same rate applies on all chains.
How does the MevX referral program pay?
Referrers earn 17% to 25% of referred users' trading fees depending on their own rank. Commission is claimed in USDC from mevx.io/referral or the Telegram bot. The docs say unclaimed earnings reset after one month.
Which chains does MevX support?
Docs list Solana, Ethereum, BNB Chain, Base, Tron, HyperLiquid, HyperEVM, Sui, Avalanche, XLayer and Plasma, plus Monad testnet. Supported venues include Pump.fun, Raydium, Meteora, Uniswap, PancakeSwap, Four.meme and Cetus.
Does MevX hold my private keys?
Telegram and Google logins auto-generate a trading wallet and show its private key once. Wallet-extension logins use a MevX-created sub-wallet. MevX's Terms describe the service as non-custodial.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- MevX Docs: Transaction Fee — checked 2026-10-16
- MevX Docs: Ranking System (fees, cashback, referral by rank) — checked 2026-10-16
- MevX Docs: Referral System — checked 2026-10-16
- MevX Docs: Claim your SOL — checked 2026-10-16
- MevX Docs: Multi-chain — checked 2026-10-16
- MevX Docs: Telegram Bot — checked 2026-10-16
- MevX Docs: Login and wallet creation — checked 2026-10-16
- MevX Docs: Multi-wallet Support — checked 2026-10-16
- MevX Docs: KYC Certificate (Assure DeFi) — checked 2026-10-16
- MevX Terms of Use — checked 2026-10-16
- DefiLlama MevX fees (Solana-tracked, data from 2024-07-28) — checked 2026-10-16