WEEX has completed the second-quarter 2026 burn of 64,014,084 WXT, valued at $1.0961 million based on the market price on the burn date. The exchange said the move follows its WXT burn model and supports the deflationary development of the platform token, with the transaction recorded on-chain. WXT is WEEX’s incentive token, giving holders access to WE-Launch project airdrops and benefits including discounts of up to 70% on trading fees. The sixth phase of WEEX’s contract-mining program is also underway, allowing users to receive real-time trading-fee rebates paid in WXT when they trade contracts.