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Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
WEEX has officially launched a large-scale gold trading campaign, bringing together zero-fee trading, precious metal tokens, and a $300,000 reward pool for global users. Designed to combine the stability of traditional safe-haven assets with the efficiency of crypto markets, the campaign offers traders a new way to access gold and silver exposure directly through digital assets.
During the event period, users can trade precious metal tokens such as PAXG, XAUT, and XAG with 0% trading fees, while unlocking multiple reward opportunities including trading competitions, deposit bonuses, and referral incentives. In addition to precious metals, WEEX has also expanded its digital commodities offerings with the listing of XTI, a tokenized crude oil asset.
What Are Tokenized Precious Metals? PAXG, XAUT and XAG Explained
Tokenized precious metals bridge traditional finance and the crypto market by allowing traders to access gold and silver in digital form. On WEEX, assets such as PAXG (Paxos Gold) and XAUT (Tether Gold) are backed by real-world gold, while XAG represents tokenized silver.
These assets track the market value of physical precious metals, enabling users to trade them with the flexibility and speed of crypto markets while still maintaining exposure to traditional safe-haven assets.
Expanding Digital Commodities with XTI
On March 6, WEEX officially listed XTI, a tokenized crude oil asset that has quickly become a trending trading pair on the platform. The addition of XTI expands WEEX’s digital commodities offering beyond precious metals, allowing users to access another major global commodity market through crypto trading.
XTI has also been included in the platform’s 0 Fee 2.0 campaign, meaning users can trade the asset under the same zero-fee framework as the precious metals pairs featured in the campaign. By integrating gold, silver, and crude oil into the digital trading environment, WEEX continues to broaden market access for commodity-linked crypto assets.
How to Earn Rewards: Trading, Deposits and Referrals
The Precious Metals campaign offers several reward opportunities for both new and existing users, allowing traders to benefit from deposits, trading activity, and community participation.
For new users, the campaign introduces several onboarding incentives designed to lower the entry barrier. Eligible participants can share a $20,000 XAUT deposit reward pool, while traders migrating from other platforms may receive up to $500 in cross-exchange fee rebates, making it easier to transition precious metal trading strategies to WEEX.
For active traders, users can benefit from the campaign’s 0% trading fee environment while competing on the trading leaderboard. Top traders by volume will share $10,000 in PAXG rewards, and users who meet the required trading volume across eligible markets can also share an additional $50,000 PAXG prize pool, distributed proportionally based on trading activity.
For community participation, users can earn extra rewards by inviting friends to join the campaign. Each successful referral can unlock up to $60 in gold token rewards, along with commission rebates of up to 50%, allowing participants to grow their network while earning additional incentives.
Precious Metals Trading Leaderboard: Win a Share of $30,000 in PAXG
One of the highlights of the campaign is the precious metals trading leaderboard, where users can compete based on their trading performance.
Participants trading precious will have the opportunity to climb the leaderboard and share a $30,000 prize pool. The higher a trader ranks by trading volume, the greater the reward they can receive. This competitive element adds an extra layer of excitement to precious metals trading while rewarding active participants.
0% Trading Fees on PAXG, XAUT, XAG and XTI
Another major highlight of the campaign is the 0% trading fee structure for eligible commodity-linked trading pairs. Both maker and taker fees are waived during the event period, allowing traders to execute strategies more efficiently and maximize potential returns without worrying about additional costs.
In addition to PAXG, XAUT, and XAG, the recently listed XTI crude oil token has also been included in the 0 Fee 2.0 campaign, enabling users to explore tokenized crude oil trading under the same zero-fee conditions.
Combined with WEEX’s high-performance trading infrastructure, the zero-fee environment provides traders with greater flexibility to explore tokenized gold, silver, and crude oil markets within the crypto ecosystem.
WEEX Precious Metals Campaign: Key Details
The WEEX Precious Metals Campaign combines zero trading fees, diversified participation mechanisms, and a $300,000 total reward pool, offering traders an opportunity to explore tokenized gold and silver markets within the crypto ecosystem.
Through activities including deposits, trading competitions, fee rebates, and referral incentives, the campaign aims to provide both new and existing users with multiple ways to participate while experiencing precious metal trading on WEEX.
For full campaign details and participation rules, please visit the official event page
About WEEX
Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.
Follow WEEX on social media
X: @WEEX_Official
Instagram: @WEEX Exchange
Tiktok: @weex_global
Youtube: @WEEX_Official
Discord: WEEX Community
Telegram: WeexGlobal Group
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Sun Valley Releases 2025 Financial Report: Bitcoin Mining Revenue Reaches $670 Million, Accelerating Transformation to AI Infrastructure Platform
On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
This includes:
· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.
The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.
The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
Specifically, they include:
· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.
As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.
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