CoinEx Wraps Up the Latest Join MNT Deposit and Mining Events to Share 50,000 MNT Promotion in Grand Style

Introduction

In a fast-paced crypto world, effective promotions should focus on value delivery, broadening the utility of tokens, and encouraging participation from a wider audience within and outside the crypto community. 

CoinEx understands the need for campaigns to have these features as their trademark of effectiveness. Hence, it structured its just-concluded Join MNT Deposit and Mining Events to Share 50,000 MNT campaign to tick all these boxes.

Coinex.com announced this event on May 23rd, 2025, and according to the announcement, it was supposed to run for 8 days. The early lock period will run from the 23rd to the 26th, while the main mining event will run from the 26th to the 30th.

The Join MNT Deposit and Mining Events to Share 50,000 MNT campaign was unlike every other regular CoinEx mining event. This event offered participants a chance to earn from two reward streams: MNT deposit cashback and MNT mining streams.

The reward pools for the deposit cashback and token mining events were 10,000 and 40,000 $MNT, respectively.

This campaign was beyond a reward season. CoinEx proved to its community that the crypto exchange is committed to sophisticated growth in its campaigns.

This event clearly indicated CoinEx’s efforts to blend complex campaigns with long-term ecosystem expansion.

In this article, we will explore the recently concluded Join MNT Deposit and Mining Events to Share 50,000 MNT campaign, its key highlights, the phenomenal impacts it had on the ecosystem, and how the CoinEx community responded in their participation.

How CoinEx Engineered the MNT Promotional Event for Maximum Impact

The Join MNT Deposit and Mining Events to Share 50,000 MNT campaign can best be described as a “Unified Goals, Two Tracks campaign.”

ConEx rolled out a uniquely designed double-phased strategy for the event. The phases complemented each other, which is amazing.

Hence, while the event may have had two complementary phases, CoinEx designed these phases to achieve unified goals.

The campaign was engineered to achieve the following in the CoinEx ecosystem, aside from encouraging user participation and rewarding members’ loyalty to the exchange.

1. Drive liquidity 
2. Encourage lock-in behaviour

Let’s examine in detail the phases of the Join MNT Deposit and Mining Events to Share 50,000 Mantle campaign and their major highlights.

The MNT Deposit Cashback (Phase One)

This phase, which ran from May 23rd to 30th, 2025, aimed to reward new and existing CoinEx users with attractive cashback when they deposit $MNT.

● Existing Users: The first 300 existing CoinEx users who registered for the event before 8:00 UTC on May 23rd and deposited at least 60 MNT were ranked and rewarded.

Users Rank #1-100: 20% MNT Cashback (a maximum of 20 MNT per user).

Users Rank #101-300: 10% MNT Cashback (a maximum of 10 MNT per user).

● New Users: The first 300 new CoinEx users who registered for the event after 8:00 UTC on May 23rd and deposited at least 60 MNT were ranked and rewarded.

Users Rank #1-100: 30% MNT Cashback (a maximum of 30 MNT per user).

Users Rank #101-300: 15% MNT Cashback (a maximum of 15 MNT per user).

CoinEx selected and rewarded participants on a first-come, first-served basis. Only users with the first 300 deposits of at least 60 MNT were qualified for cashback rewards.

CET and MNT Mining Pools (Phase Two)

This phase of the campaign ran from May 26th to May 30th, 2025, although the early lock-in period started on the 23rd. The mining phase required users to lock their CET or MNT for hourly rewards, and the value of MNT rewards they received depended on the locked token value.

CoinEx allowed participants to choose between locking CET to share in the CET Reward Pool or MNT for a fair share of the 40,000 MNT pool.

Users who locked CET enjoyed flexibility on their locked assets. In other words, they could adjust the value of their staked CET at any time without forfeiting accumulated rewards. Nevertheless, this was not the case for those who chose to lock MNT.

Those who locked $MNT were not allowed to adjust their stakes without forfeiting their accumulated rewards. The only way they could get their full accumulated MNT reward was to lock their MNT tokens until the end of the campaign.

This second reward method delivered excellent asset management and user yield results for all participants. Below are the major metrics of the concluded event.

CET Mining Pool

MNT Mining Pool

Two major facts are displayed clearly when you observe the key metrics of the just-concluded Join MNT Deposit and Mining Events to Share 50,000 MNT campaign, especially the APR.

1. CoinEx created a high-yield opportunity for users in the MNT pool. Participants who locked their MNT enjoyed an impressive APR of 131%
2. CoinEx focused on delivering an ideal lock structure for users in the CET pool. Hence, while they gave a modest APR of 56.94%, users in this pool enjoyed the flexibility of their locked asset

The Impact of the Event on $CET Utility

One of the major benefits that this campaign delivered to the CoinEx ecosystem is its token utility elevation.

The just-concluded Join MNT Deposit and Mining Events to Share 50,000 MNT campaign transformed CET from a passive utility coin to a central token in the DeFi ecosystem.

Traditionally, the CoinEx native token has been popular in the ecosystem for its discounted trading fee features and VIP access. However, this campaign changed the narrative by giving it a new DeFi dimension as a flexible staking token.

The face lift that this campaign gave $CET immediately benefited the ecosystem in these ways.

1. The demand for CET increased, especially during the event lock-in period. 
2. The wallet retention rate for CET rose significantly because users staked their CET balances for yield maximization.
3. Members of the CoinEx community started seeing the token as an asset for yield generation beyond an ordinary utility exchange token.

Ultimately, CoinEx’s move to use $CET as a yield-producing asset in this campaign triggered a short-term token buy, strengthening the CET holding use case as a profitable long-term asset.

The Impact of The Event on the CoinEx Community

The Join MNT Deposit and Mining Events to Share 50,000 MNT campaign stimulated a broader engagement and user participation within the CoinEx ecosystem.

It onboarded new members, retained existing members, and strengthened the brand's loyalty to all community members.

CoinEx went beyond attracting traders through this event—the leading crypto exchange employed tailored value propositions to nurture the different user-base segments.

For newcomers, the 30% cashback reward ratio available for new members who registered early increased the number of new sign-ups and fiat-to-crypto conversions. The 300-user ranking strategy introduced a sense of urgency and campaign exclusivity.

By signing up and buying crypto with fiat, these new users also encountered other CoinEx offerings like Spot, Futures, and Finance on their onboarding journey.

For veterans, they had more compelling reasons to keep participating actively in the ecosystem.

CoinEx's 20% cashback ratio on MNT deposits made existing members feel included. Usually, many platforms focus on rewarding only new members with cashback reward campaigns.

CoinEx validated the importance of its veterans’ presence and long-term loyalty in the ecosystem by rewarding them with cashback and granting them access to the event mining pools.

Although CoinEx served the reward appetites of its user-base categories differently, it unified them using a transparent reward system. CoinEx displayed participants' hourly snapshots and estimated APR for them to see.

This action showed everyone that CoinEx’s reward system has a real-time feedback loop and is fair. As a result, the campaign solidified community members' trust in the CoinEx reward system.

Their trust is an invaluable asset to the crypto exchange, especially because the crypto industry is currently facing thousands of shady and confusing campaigns that cause participants to resent them.

Final Thoughts

This article has explored the Join MNT Deposit and Mining Events to Share 50,000 MNT campaign and every detail that made up the major highlights of the events.

The just-concluded event is proof that, beyond giving users ordinary promotional offers, CoinEx intends to offer its users powerfully calibrated incentives, maximum ecosystem transparency, and a $CET token with constantly evolving utilities.

Through this campaign, CoinEx has enriched its users, reinforced their loyalty, gained their trust, and deepened the functional role of its native token within its ecosystem.

In addition, the sophistication and success of the campaign have given precedence to the next.

This campaign clearly sent a resounding message across the entire DeFi ecosystem: “CoinEx is not trying to maintain the DeFi curve status quo; we are forging a new path.”

Now, the big question is, “If this campaign is a blueprint of CoinEx's future campaign, what will an improvement look like?” You guessed right, EXPLOSIVE!

This is why you should not miss the next CoinEx promotional event if you missed this one. Ensure you keep visiting our announcement page to be the first to know about the next major campaign on CoinEx.