The 2025 The Fact Music Awards (TMA), hosted by The Fact and organized by Fan N Star and The Square ENM, took place on the afternoon of the 20th at the Macao Outdoor Performance Venue. The ceremony brought together leading K-pop artists and delivered what organizers called a “dream stage.”
The star lineup included Stray Kids, IVE, aespa, NEXZ, MEOVV, BOYNEXTDOOR, AHOF, NMIXX, NCT WISH, ENHYPEN, ZEROBASEONE, CLOSE YOUR EYES, KiiiKiii, TWS, and Hearts2Hearts. Opening stages by AHOF, CLOSE YOUR EYES, KiiiKiii, and Hearts2Hearts paid tribute to legendary K-pop songs, while duet and collaboration stages added variety — among them, the first-ever joint stage of “5th-generation monster rookies” AHOF and CLOSE YOUR EYES.
Highlight performances also included Stray Kids, NCT WISH, and ZEROBASEONE unveiling brand-new songs for the first time overseas. Special duet pairings featured IVE’s Leeseo with NMIXX’s Kyujin, and ZEROBASEONE’s Zhang Hao with Ricky.
One of the night’s most anticipated moments came when Stray Kids accepted the Record of the Year award and shared their appreciation directly with fans.
Adding further spotlight, Donnie Yen — world-renowned action actor, director, and martial artist — appeared on stage as a presenter, receiving strong cheers from the Macao audience.

Fans not present at the venue could still tune in. In Korea, the show streamed on Naver Chzzk, while in Japan, it aired on Nico Nico. For global fans, the awards were broadcast via the international content distribution platform Mifashow.
The night was staged against the backdrop of Macao’s signature “Light up Macao” city-wide light shows, giving the event both a local and international character.
Full Winners List: 2025 The Fact Music Awards (TMA)
- Stray kids – Honor of the Year + Record of the Year
- Enhypen – Icon of the year
- IVE – Sound of the year
- Aespa – Muse of the year