Bitget PoolX unlocks a 500,000 USDT reward for locking ETH.

What Happened

BlockBeats reported on September 29 that Bitget PoolX launched an ETH lockup campaign, allowing users to lock ETH and share a 500,000 USDT prize pool. Each participant has a 1,500 ETH cap. The window runs from 15:00 UTC+8 on September 29 to 15:00 UTC+8 on October 5.

As a background matter, ETH is the native asset of Ethereum, a programmable blockchain platform commonly associated with decentralized applications and network fees. USDT is a stablecoin category that generally aims to track a fiat reference, often the U.S. dollar, and is frequently used as a reward unit in crypto products. In this context, a USDT prize pool means rewards are denominated in a stablecoin rather than ETH itself.

How the Campaign Works

The event centers on temporary ETH lockup within the stated window. Users who take part can join the shared reward pool, while the 1,500 ETH cap limits the amount any single account may lock. Bitget PoolX also says this round includes a long-holding bonus mechanism.

From a product-design perspective, temporary lockup campaigns usually encourage users to keep assets within a platform during a promotional period. The cap can spread participation across more accounts and reduce the concentration of rewards in one or a few large positions. The long-holding bonus also suggests that the campaign is not judged solely by the amount locked at one moment, but by how the account maintains its ETH exposure during the relevant period.

Why the 15-Day Rule Matters

For this PoolX round, the platform says the system will review a user's lowest ETH holding over the previous 15 days and use that figure to provide an additional boost to the lockup amount. That means recent ETH balance changes can affect the size of the boost, not only the amount locked during the campaign. More details are available on the Bitget official platform.

This rule is important because it shifts attention from a single snapshot to a rolling balance floor. If a user transfers ETH out of the account during the previous 15 days, the lowest observed balance may become the basis for the bonus, even if the account later holds or locks more ETH. Participants should therefore review their recent transfer history and understand whether deposits, withdrawals, or internal movements could lower the measured minimum.

Impact and Summary

For users, the main practical question is not only how much ETH can be locked, but whether the account can maintain a stable balance throughout the measurement window. The campaign combines a fixed prize pool, a per-account cap, a defined campaign window, and a bonus rule based on prior holdings. Together, these features create a rewards structure that depends on both participation timing and balance stability.

The event can be seen as a typical exchange lockup promotion: it offers a defined reward pool, imposes limits on individual exposure, and uses holding-based rules to encourage sustained account activity. However, the value of participation depends on the final reward allocation, eligibility conditions, and opportunity cost of locking ETH. Users should verify the official rules before acting, especially because lockup programs may affect withdrawal timing, asset availability, and reward eligibility.

Risk Notice

This article is only a compilation of publicly available information and does not constitute investment advice, financial recommendation, or solicitation. Crypto assets, including ETH, are highly volatile and may be affected by market, technology, regulatory, and platform risks. Events such as lockup campaigns can change rewards, eligibility, timing, and capital availability, and outcomes are not guaranteed. Before participating, verify official rules, assess your risk tolerance, protect your assets, and make an independent, rational decision.