Maximum Reward of 30% + $2M Buyback, WEEX Contract Mining Now Available
Source: WEEX
Recently, WEEX, a leading global cryptocurrency exchange platform, announced the launch of its first "Contract Mining" event from November 26 to December 15, 2025 — Contract Trading to Earn WXT. During the event, users participating in contract trading will receive up to a 30% fee rebate, with rewards being distributed in real-time in the form of the platform's ef="/wiki/article/token-259">token, WXT.
This event aims to reward users with the platform's growth dividend through an innovative "trading is mining" incentive model. Throughout the event, users will receive WXT rewards in real-time for each completed contract trade, providing a new trading experience of Trade to Earn.
Additionally, following the conclusion of the first Contract Mining event on December 16, 2025, WEEX will initiate a $2 million WXT buyback plan to enhance the token's deflationary effect.
Up to 30% Rebate, More Trades, More Rewards
The Contract Mining event introduced by WEEX incorporates a "Miner Level" mechanism, categorizing users based on their cumulative contract trading volume into six levels: Brass, Silver, Gold, Platinum, Diamond, and King. Each level corresponds to a different fee rebate percentage, with the highest being up to 30%.
This means that the larger the user's trading volume, the higher their Miner Level, resulting in a higher fee rebate percentage and more mining rewards.
This mechanism transforms the traditional "trade → pay fees" model into a "trade → mining rewards" incentive model. For users, this implies that trading is no longer just a cost but also carries potential rewards. The more users trade and the higher their Miner Level, the more substantial their mining rewards, leading to a corresponding reduction in trading costs.
Real-Time Rewards, Supports Instant Settlement
Setting itself apart from traditional mining events with delayed settlements, WEEX's Contract Mining supports instant settlement, ensuring rewards are received in real-time. After each contract trade (opening or closing) generating a fee is completed, the system promptly calculates the due reward and instantly disburses it in WXT.
Moreover, to enhance transparency, the WEEX website continuously updates the Contract Mining Leaderboard, allowing users to monitor their trading volume ranking and cumulative rewards at any time, providing clear visibility of earnings and ensuring a smooth and secure experience.
$2 Million Buyback Endorses, Making Mining Rewards More Valuable
To thank users for their support of the contract mining activity and to continuously enhance the long-term value of WXT, WEEX will launch a $2 million WXT buyback plan after the first phase of the activity ends (December 16, 2025). Please pay attention to the official announcement from WEEX for specific details.
Innovative Model Empowers WXT Ecosystem Value
Unlike many DeFi platforms' liquidity mining, WEEX's contract mining is fundamentally an innovative model of "transaction commission + rebate incentive." Through fee rebates, it not only effectively reduces users' transaction costs but also further expands the utility of the platform's token, WXT.
It is worth mentioning that WXT rewards obtained through trading do not require lockups or staking, do not tie up liquidity, have simple and very low entry barriers, and users can choose to withdraw or end transactions at any time, making it suitable for various types of contract traders to participate.
In addition, the accompanying $2 million USDT WXT buyback plan effectively avoids the common "mine-sell-dump" trap in traditional liquidity mining, realizing a positive growth flywheel of "more user trades → more WXT rewards → higher WXT value."
WEEX platform data shows that the issuance price of WXT is $0.01, with the highest increase since its launch in July 2024 exceeding 358%. On December 5, 2025, the latest price was $0.029178, an increase of about 192% from the issuance price; considering holder benefits such as WE-Launch new coin airdrops, WXT's comprehensive annualized return rate reaches 660.61%. According to CoinMarketCap data, as of December 5, WXT has seen a cumulative increase of 72.95% year-to-date, ranking in the Top 5 of CEX platform token YTD gains.
As the core of the WEEX ecosystem, WXT is committed to incentivizing exchange community partners, contributors, and active users. WEEX shares the platform's development dividends with the user community through WXT, binding more loyal users and partners to jointly build a thriving ecosystem.
WEEX is always dedicated to building a dual-driven ecosystem of "trading + incentives." Through innovative incentive mechanisms, it continuously attracts more global users to enhance platform liquidity and activity. In the future, WEEX will continue to explore diversified incentive models, further enhance platform competitiveness and trading experience, and create more value for users.
This article is a contribution and does not represent the views of BlockBeats.
You may also like

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention

Every exchange is a "Universal Exchange."

The counterattack of traditional finance: Alliance chains are quietly reviving

Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?

Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.

Curve Deploys Llamalend v2 on Optimism With 250,000 OP Incentives
Curve launched Llamalend v2 on Optimism with 250,000 OP incentives from the Optimism Foundation. The upgrade expands Llamalend beyond its earlier crvUSD-focused model, adding broader collateral support, LlamaRisk market reviews, and the ability to use Curve LP tokens as collateral.

Raydium Old Liquidity Pool Reportedly Exploited, With $1.34 Million Moved to Ethereum and Tornado Cash
An old Raydium liquidity pool was reportedly exploited for around $1.34 million in USDC, RAY, and wSOL, with the stolen funds bridged to Ethereum and deposited into Tornado Cash. The incident highlights the tail risks of legacy DeFi pools, old contracts, and cross-chain fund laundering paths.

Kalshi Executive Challenges “SBF Backed AI Unicorns” Narrative, Says Leopold Aschenbrenner Was Key Figure
Kalshi executive John Wang questioned the “SBF backed AI unicorns” narrative, saying Leopold Aschenbrenner was the key figure behind major AI investment decisions.

New York Proposes Stricter Stablecoin Issuer Rules Aligned With Federal GENIUS Act
NYDFS proposed stricter stablecoin issuer rules aligned with the GENIUS Act, covering reserves, custody, redemption timelines, audits, and capital buffers.

CryptoQuant Says Bitcoin Profitable Supply Is Near 45% Pressure Zone as On-Chain Data Points to Market Repricing
CryptoQuant said Bitcoin’s profitable supply is nearing the 45% pressure zone, signaling rising market stress, unrealized losses, and a possible on-chain repricing phase.

Bitcoin Falls Below 200-Week Moving Average as On-Chain Data Shows Over Half of Supply in Loss
Bitcoin dropped below its 200-week moving average as on-chain data showed over 50% of circulating supply is now in loss, signaling rising market stress.

CFTC Reportedly Plans New Prediction Market Rules Focused on Manipulation Risk and Public Interest Review
The CFTC is reportedly preparing new prediction market rules focused on manipulation risk, public interest review, and retail trader protections.

Meet the new WEEX trial fund—your gateway to greater profits

WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam

SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June
SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.
