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40% Fee Rebate + 7-tier Miner System, WEEX 'Contract Mining' Phase 2 officially launched on December 26th

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The essence of WEEX's "Contract Mining" is to reduce user transaction costs, but compared to a direct fee reduction, the mined WXT has the potential for appreciation, thereby bringing greater potential returns.
Source: WEEX


On December 26, the global leading cryptocurrency exchange WEEX announced that the second phase of the upgraded "Contract Mining" event has officially started on December 26 at 00:00:00 (UTC+8) and will end on January 15, 2026, at 23:59:59 (UTC+8). Users can sign up for the event through the event link.


As a user feedback event, "Contract Mining" aims to share platform growth benefits with users. During the event, users will receive real-time fee rebates in the platform's native token WXT for each contract trade they make. Since its launch, the event has received enthusiastic support from users, with platform trading volume reaching new highs. According to data from the WEEX official website, as of December 24 at 18:00 (UTC+8), the trading volume of just the top 100 users on the "Contract Mining" leaderboard has exceeded 2.18 billion USDT, with mining rewards totaling over 11.25 million WXT.



Building on the success of the first phase, the second phase of "Contract Mining" has been significantly enhanced in terms of rebate ratios, miner level system, participation methods, etc. The rewards are greater, the gameplay is richer, and the participation threshold has been further lowered, with expectations to continue the first phase's participation craze.


Up to 40% Rebate, Easier Miner Level Upgrades


In the second phase, the miner level has been expanded from the original 6 levels to 7 levels, namely: Brass Miner → Silver Miner → Gold Miner → Platinum Miner → Diamond Miner → Glory Miner → King Miner.


Each level corresponds to a different fee rebate ratio, with the highest level "King Miner" having a rebate ratio of up to 40%. The higher the user's cumulative contract trading volume, the higher their miner level, and the higher the fee rebate ratio they can enjoy.



In addition to leveling up the miner level through trading volume, the second phase of "Contract Mining" also adds various paths for level upgrades, where users can upgrade by meeting any of the following conditions:


① Share the "Contract Mining" event and join the WEEX official community;


② Invite 3 friends to sign up for "Contract Mining";


③ The fee refund reward obtained through "Contract Mining" has accumulated to more than 1,000 WXT.


In addition, users who sign up for "Contract Mining" on the WEEX New User Activity page can not only enjoy up to 40% fee refund, but also receive additional "Contract Mining" task rewards.


The upgraded "Contract Mining" not only has a more diverse gameplay, but also a broader and lower threshold for miner level promotion, with more generous rewards.


Zero-Cost Participation, Multi-path Earnings Boost


The core value of "Contract Mining" lies in transforming users' daily transactions into profitable behavior, significantly reducing the net transaction cost through a maximum 40% fee refund, thereby effectively increasing users' net income (trading profit + fee refund). Especially for heavy contract traders, as the trading volume increases, the miner level and refund ratio increase, reducing the net transaction cost and increasing the net income.


Unlike some DeFi mining that requires complex operations such as lockups, staking, providing liquidity, and has a higher threshold, and unlike traditional reward plans that rely on fixed tasks or fixed prize pools, "Contract Mining" requires no additional operations or costs. Users only need to click to sign up, then trade normally at their own pace as usual, to instantly receive fee refunds in the form of WXT.


In addition, users can also activate the "Auto Earn" feature, which allows them to earn the highest annualized 100% financial return daily while receiving the "Contract Mining" fee refund reward. Auto Earn is a current financial tool launched by WEEX, which allows idle funds to earn interest continuously without affecting user transactions or capital liquidity. The user's spot, contract, and asset account balances are all included in the interest calculation range. With just one click to activate, interest is automatically calculated, and earnings are credited daily.


WXT Outperforms 90% Platform Tokens, Mining Output Offers Great Value


The WEEX Token (WXT) is the platform token issued by the WEEX trading platform, with the highest price surge exceeding 358% since its launch in July 2024. Considering holder benefits such as WE-Launch new coin airdrops, WXT's comprehensive annualized return rate exceeds 660%.


According to CMC data, as of December 24th, the price of WXT has risen by 57.88% in 2025, ranking 5th among 53 CEX platform tokens with comparable data on CMC, outperforming 90% of platform tokens like BNB. This performance not only surpasses BNB and other 90% platform tokens but also demonstrates strong resilience in the market environment where BTC declined by 6.75% during the same period.



The essence of WEEX's "Contract Mining" is to lower user transaction costs. However, compared to a direct fee reduction, the WXT returned through mining has the potential for appreciation, thus bringing greater potential rewards. Assuming User A's miner level is "King Miner" with a return ratio of 40%, if the price of WXT doubles in the future, it is equivalent to this user's transaction cost being 0.


In conclusion, the second phase of "Contract Mining" through higher rewards and a more flexible miner promotion method has not only lowered the user participation threshold but also amplified the actual profit potential. Coupled with WXT's outstanding market performance and appreciation potential, it provides users with a brand-new contract trading experience. For traders looking to reduce transaction costs and increase asset returns, the upgraded "Contract Mining" is undoubtedly an attractive choice. Whether you are a contract novice or a seasoned player, you can find a participation method that suits you and easily enjoy the dual fun of trading and mining.


This article is a contribution and does not represent the views of BlockBeats.


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