TechFlow, December 16 — WEEX exchange announced the completion of a $2 million WXT token buyback, repurchasing a total of 72,571,028 WXT tokens at an average price of 0.027559 USDT per WXT. This buyback aims to reward users for their support of the "Futures Mining" campaign. Since its launch on November 26, user participation in Futures Mining has remained strong. To allow more users sufficient time to participate and continue enjoying mining rewards, the campaign has been extended to December 25. During the event, users who register and engage in futures trading will receive real-time fee rebates in WXT, with higher trading volumes qualifying for higher rebate rates of up to 30%.
Since its launch in July 2024, WXT has surged over 358% at its peak. The token has undergone three previous buyback and burn events, with over 41.24% of the total supply burned.
