CoinEx successfully wrapped up its Futures Bootcamp event on May 29, 2025, at 08:00 (UTC). This highly anticipated competition drew traders worldwide, generating an impressive cumulative trading volume of $413,676,548.59 USD. Participants competed for a share of a 100,000 CET prize pool, showcasing their trading skills and highlighting the growing value of the CoinEx Token (CET) within the platform’s ecosystem.
Stellar Performances and Massive Volume
The Futures Bootcamp challenged participants to maximize their futures trading profits, calculated as the sum of realized and unrealized PNL (Profit and Loss) during the event, minus the starting unrealized PNL. The competition saw fierce participation, with top traders delivering remarkable results.
The final ranking crowned saeed.behzadi as the No. 1 performer, achieving an extraordinary profit of $236,178.64 USD. Following closely, qq132162067591 secured second place with a profit of $62,004.16 USD, while ibrethem claimed third with $57,761.20 USD. These standout performances underscored the skill and dedication of CoinEx’s global trading community.
The event’s massive $413.67 million trading volume reflected the enthusiasm of participants, supported by CoinEx’s high-speed matching engine and robust security measures. After distributing rank-based rewards, the remaining 35,700 CET tokens were shared among eligible unranked participants, with each able to claim up to 100 CET based on their trading volume. This inclusive reward structure ensured broad participation and rewarded both top performers and active traders.
The Value of CET in the CoinEx Ecosystem
The CoinEx Token (CET) was at the heart of the Futures Bootcamp’s rewards. CET is more than a utility token—it’s the backbone of the CoinEx ecosystem. Launched in 2018, CET offers holders benefits like trading fee discounts, accelerated withdrawals, and VIP membership.
CET also powers the CoinEx Smart Chain (CSC), where validators stake CET to secure the network, reducing market supply and supporting value stability. CoinEx’s deflationary model, which allocates 20% of daily platform fees to repurchase and burn CET monthly, has significantly supported the CET’s price growth.
Driving Community Engagement
The Futures Bootcamp exemplifies CoinEx’s commitment to fostering an engaging and rewarding trading environment. By offering substantial CET rewards, the event not only incentivized high-volume trading but also reinforced CET’s integral role in the platform. CoinEx’s transparent updates via its website and social channels kept participants informed, building trust and community loyalty.
Looking ahead, the success of the Futures Bootcamp, with its $413.67 million trading volume and top performances by saeed.behzadi, qq132162067591, and ibrethem, sets the stage for more exciting events.