Huobi HTX 2025 Annual Report - Focusing on Innovation and Trust, Embracing Global Growth

Preface

At the beginning of 2025, the cryptocurrency industry is gradually entering a new growth cycle. Bitcoin reached a new high, breaking through the $100,000 mark under multiple stimuli such as the 2024 halving market and Trump’s victory in the US election; Ethereum’s “Cancun-Deneb” upgrade completely activated the Layer 2 ecology, and on-chain transaction fees increased significantly. Reduced, the user experience has been significantly improved; the deep integration of AI and blockchain has promoted the comprehensive innovation of DeFi, NFT and SocialFi, creating richer Web3 application scenarios; the successive approvals of Bitcoin and Ethereum spot ETFs have driven The entry of institutional investors, the accelerated integration of traditional finance and the encryption industry... With the adjustment of the Federal Reserve's interest rate policy and the optimization of the global regulatory environment, the encryption market has ushered in a new golden era.

In this context, Huobi HTX, as the world's leading cryptocurrency trading platform, has not only witnessed major changes in the industry, but also played an important role in this wave. In 2024, Huobi HTX will continue to promote the development of the industry through innovative products, excellent services and diversified ecological layout, and achieve milestones one after another. With the support of HTX DAO, the platform's decentralized ecological construction is steadily advancing, the vision of "People's Exchange" has become increasingly clear, and the industry's leadership position has been further consolidated.

Looking back on 2024, Huobi HTX not only performed well in terms of user growth, transaction scale, and product innovation, but also made significant progress in the fields of security compliance, ecological expansion, and brand building. This year, the number of Huobi HTX users reached a new high, the global community became more active, and ecological cooperation continued to expand, bringing more value and contribution to the industry.

Huobi HTX comprehensive review in 2024

1. Platform data: achieving explosive growth in multiple dimensions

1. Number of users

In 2024, Huobi HTX will have 3 million new registered users and nearly 80 billion double-end visits. As of the end of the year, the cumulative number of registered users of Huobi HTX has exceeded 49 million.

2. trading volume

The total transaction volume of Huobi HTX in 2024 is close to 2.4 trillion US dollars, a month-on-month increase of 100%. Among them, the spot transaction volume accounted for 62%, which was approximately US$1.5 trillion, a month-on-month increase of 160%; the contract transaction volume was approximately US$900 billion, a month-on-month increase of 70%. Taken together, the overall trading volume of Huobi HTX is basically increasing month by month.

3. Assets sink

In the past year, Huobi HTX’s net inflow of funds reached US$1 billion. As of the end of 2024, the cumulative platform user assets will be approximately US$5 billion, an increase of 80% from the beginning of the year.

4. market share

Huobi HTX’s C2C business has grown strongly, with the mainstream market transaction volume on the platform increasing by 473%, C2C transaction volume increasing by 452%, market share increasing by 471%, on-chain deposit and withdrawal orders increasing by 40%, and deposit and withdrawal scale increasing by 27%.

2. Spot assets: seize early opportunities and create wealth effects

In 2024, Huobi HTX relied on its accurate market judgment and keen asset capture capabilities to launch a total of 218 high-quality assets, covering many popular tracks such as DePIN, RWA, Meme, SunPump, etc., of which 171 are the first assets on the entire network. Focus on hot market trends.

Q1: Against the background of BTC’s rebound, the Huobi HTX asset team seized early opportunities for high-quality assets of the year in both the Meme and RWA tracks. On the Solana Meme track, it was the first to launch representative assets WIF and BOME, with annual increases of 121 times and 56 times respectively; on the RWA track, the first high-quality asset ONDO was launched, with a steady increase of 45 times during the year.

Second quarter: In the face of the sluggish market, the Huobi HTX asset team selected high-quality leading assets on the track, including ENA (Ethena) on the DeFi track, IO (IO.NET) on the DePIN track, and IO (IO.NET) on the Layer2 track. ZK (ZKsync) etc. As the annual benchmark project of the new stablecoin, ENA has increased by 6 times after the launch of Huobi HTX; IO has increased by as much as 110% after the launch, becoming a star project on the DePIN track; ZK, as the most popular project in the Layer 2 track community, Huobi HTX was also launched immediately, with an increase of up to 60% within the month.

Third quarter: With the recovery on the chain, the overall market is gradually prospering. Huobi HTX takes the lead in laying out hot spots and fully supports the SunPump series of currencies and community Meme coins. In the SunPump ecosystem, SUNDOG, the most outstanding currency, has increased by as much as 37 times since its launch, becoming a key force in promoting the rise of the SunPump ecosystem. Subsequently, popular currencies such as SUNCAT and SUNWUKONG were also launched one after another, providing users with more investment options. Regarding community Meme coins, the Huobi HTX asset team followed hot topics and responded to community needs, making lowercase nerio the first asset. With strong community support, this currency has achieved a maximum increase of 137 times after the launch of Huobi HTX, becoming a hot topic in the market.

Fourth quarter: Affected by the positive US election and rising market sentiment, Bitcoin historically exceeded $100,000. Huobi HTX quickly took advantage of the situation and launched the " Golden Dog Plan " wealth inventory to capture on-chain wealth opportunities for users. Among them, the popular tokens GOAT (Goatseus Maximus), BAN (Comedian), and ACT (Act I: The AI ​​Prophecy) have experienced a maximum increase of 705.29%, 4445.45%, and 12079.49% respectively after being launched, all showing strong growth momentum.

Throughout the year, Huobi HTX has continued to optimize its currency listing strategy, focusing on high-quality assets. At the same time, it has deeply cultivated the community, listened to user needs, and is committed to building a "people's exchange" to provide users with more potential assets and wealth opportunities.

3. Financial derivatives: multiple products continue to innovate, and

functions are iterated to optimize the experience

1. Huobi Futures

Contracts are one of the product lines that Huobi HTX focused on last year. The total contract transaction volume of Huobi HTX in 2024 will be approximately US$900 billion, an increase of 70% compared to 2023. The overall contract transaction scale is increasing month by month, with the Q4 transaction volume increasing by more than 50% compared to Q3. By tracking the latest market trends and hot spots in real time, Huobi HTX has launched more than 80 new contract trading currencies throughout the year, including nearly 70 high-quality assets with an increase of 200%, accounting for more than 90%. As of December 2024, the platform supports more than 160 contract trading currencies, providing users with a wealth of trading options.

In the fourth quarter, Huobi Futures continuously launched blockbuster new products. In November, the network's exclusive contract trading friendly product "Yu Bibao" was launched. Users can enjoy up to 6% annualized income as long as they deposit funds in a contract U-standard account, regardless of whether they open a position or not. In just one month since its launch, Yubibao has attracted more than 150,000 users to participate and is deeply loved by contract traders. In December, the contract grid was fully upgraded, providing users with powerful trading tools such as AI creation and one-click copying of top strategies.

In addition, Huobi HTX has also completed more than 30 contract function optimizations throughout the year, including stop-profit and stop-loss spread protection, real-time updates of position information, etc. Among them, for contract copying products, the focus is on user experience, and a total of 15 function optimizations have been completed, including supporting copying users to follow multiple traders, optimizing the trader ranking rules on the homepage, etc. As of December 2024, the number of Huobi HTX service copy users has increased by more than 700% compared with the beginning of the year.

2. Earn coins on Huobi

Last year, Huobi Earn Money completed a comprehensive layout of three major sectors: simple earning money, structured products, and on-chain products, and provided users with a richer choice of earning money with industry-leading product experience. By tracking hot assets in a timely manner, Huobi Earn Money has gradually created an exclusive new coin earning product with differentiated advantages. The number of currencies and the speed of listing are at the top of the industry. Combined with market changes and the amount of tiered interest rates, Huobi Earn Money is in the In terms of income, it has always maintained industry competitiveness, and the interest rate of PoS currency earning products is firmly ranked first in the industry.

Currently, Huobi Earn Money covers 166 mainstream core currencies, lists 2,725 projects, serves more than 500,000 users, and has a fund management scale of more than US$1 billion. Among the rich product types, shark fin has become a star product due to its interest rate and differentiation advantages. In 2024, Shark Fin held a total of 63 sessions, and the cumulative order volume exceeded 500 million USDT. At the same time, the birth of the Liquid Restaking product also innovatively helps users participate in liquidity re-staking at a lower threshold, attracting more than 100,000 users.

3. Huobi Lending

4. lever

In order to comprehensively improve user experience and reduce investment risks, Huobi Leverage has carried out multiple functional iterations. Currently, Huobi Leverage adopts a more sound financial underlying logic, fully optimizes the position opening formula, and upgrades the liquidation function to a parallel model of internal and external index liquidation and Twap order placement, ensuring that user assets suffer minimal loss during the liquidation process; at the same time, , the creation of a "risk reserve" account makes user transactions after small-amount liquidation more smooth.

It is reported that in 2024, Huobi Leverage has fully realized the recovery of user trading capabilities in seconds despite thousands of small-amount short positions. In addition, by creating a point-to-point communication mechanism with major clients, we ensure the implementation and implementation of professional users' trading strategies to a great extent.

2. Pledge borrowing currency

In November, Huobi HTX launched a dynamic interest rate product for pledged currency loans, providing users with low interest rates and highly flexible lending services. This product adopts a market-oriented dynamic interest rate system, ensuring that users’ borrowing costs are at a low level across the entire network through low interest rates and zero handling fees; it also supports borrowing and repaying at any time, and the three major assets of USDT, BTC, and ETH provide market-leading super large loan limits , fully meeting the lending needs of all types of users.

Thanks to the wide recognition and participation of the market since the launch of current products, at the end of 2024, the scale of pledged currency loans has increased approximately 5 times compared with the beginning of the year, and the number of borrowers has increased approximately 3 times.

3. OTC lending

In terms of over-the-counter lending, Huobi HTX continues to optimize margin currencies and discount rates. Currently, there are more than 100 margin currencies available to market makers, and its capital utilization has been greatly optimized. According to incomplete statistics, Huobi HTX’s overall OTC lending scale has increased more than three times compared with the beginning of the year.

In 2025, over-the-counter lending will add a tiered target interest-free strategy for transaction amounts to meet the needs of market makers of different sizes.

4. Product Upgrade: Taking user needs as the core, upgrading the

experience in all aspects

1. Improved product safety

1. Site-wide access pass key, online Web Cookie anti-hijacking policy, API supports ED25519 encryption signature algorithm;
2. Integrate Fireblocks Off Exchange to reduce exchange counterparty risks;
3. The reserve certificate of the online platform has been publicly disclosed 26 times, with the reserve rate exceeding 100%.

2. Product performance and experience improvement

1. App startup time is shortened by 36%;
2. The community, coin earning, K-line, and handicap pages have been interactively revised to make them more concise and clear.

3. Product function optimization

1. Huobi Futures

• USDT contract settlement is non-stop, and users can truly achieve continuous transactions 24 hours a day;
• Support users to automatically adjust USDT contract position limits, making it more convenient to apply for position adjustment;
• The contract insurance fund has been fully upgraded to demonstrate the strength of the platform and protect the rights and interests of users;
• Contract copying version 3.0 is online, which greatly improves the Huobi HTX copying product experience. At the same time, the integration of the copying page and the contract transaction page, smart copying, etc. are being iterated;
• The 0-yuan purchase activity for contract positions is online. Qualified users can receive simulated contract positions, and the proceeds from closing positions will be immediately distributed to the contract account.

1. Earn coins on Huobi

• Dual-currency products have been fully upgraded, capital bank current interest rates have been marketized, currency earning and leverage have been integrated, and Yubibao and VIP current products have been launched.

1. other

• Iceberg entrustment and leveraged currency pairs support global search, order modification and other basic capabilities;
• The API trading function has been fully upgraded, and the contract/spot/leverage WS trading interface business has been added, making transactions more convenient for API users;
• Launched the HTX Telegram applet to provide users with a more convenient C2C transaction experience.

5. Platform activities: Three arrows are fired simultaneously, and

various ways of playing are used to benefit users.

1. Asset activities

In 2024, Huobi HTX asset activities will be carried out around "innovation and upgrading". Both the gameplay and prize pool will be upgraded, and new opportunities will continue to emerge:

1. Prime series activities: 48 periods of PrimePool and 3 periods of PrimeVote were launched throughout the year, and a total of approximately 4.3 million USDT rewards were distributed to users (calculated based on the currency price on the last day of the event). From the 17th period, PrimePool changed to pledge $HTX to participate in the event. Effectively empowering $HTX, the number and amount of $HTX positions on the platform have increased significantly.
2. New upgrade of Launchpool : Starting from December, PrimePool will be upgraded to Launchpool, which integrates financial management and mining. If you subscribe for the $HTX current coin-earning product, you can get the dual benefits of earning coins and airdrops at the same time. It also supports "one coin for multiple mining" and invests $HTX. You can receive airdrop rewards for all ongoing projects in the mining pool. The number of event participants surged to 150,000, and $HTX current assets increased by more than 40%.

2. Mining activities

In 2024, Huobi HTX pioneered the launch of four major mining activity products: transaction mining, liquidity mining, lending and mining, and Liquid Restaking.

1. Transaction mining

Trading mining is an exclusive welfare activity prepared by Huobi HTX for users. By trading specified currencies, you can share the corresponding prize pool. In 2024, Huobi HTX held a total of 10 trading and mining activities, with a total of 45,000+ participating users, and issued rewards to users equivalent to more than 10 million US dollars.

2. Liquidity mining

The "liquidity mining" activity is to obtain $HTX token rewards by providing liquidity. It is a limited-time activity officially launched by Huobi HTX. The platform takes a snapshot of the spot or perpetual contract trading pairs of BTC/USDT and ETH/USDT every minute. Evaluate whether the user's pending order price is within the valid market range, and calculate the corresponding mining reward based on the pending order amount. This activity provides users with effective risk management tools. By placing orders and adjusting capital allocation, they can better control risks and improve overall benefits when the market fluctuates. In 2024, Huobi HTX held a total of 6 liquidity mining activities, with a total of 41,000+ users participating, and more than 2 million US dollars in rewards issued to users.

3. Borrowing is mining

Lending and mining will be launched in November 2024, focusing on USDT current lending products. The core advantage is that users do not need complicated operations and can share the platform's growth dividends only through regular borrowing. As of December 31, 3 phases of Lending and Mining were successfully held, with the cumulative number of participating users exceeding 5,000. The platform has issued a total of $HTX rewards worth up to 70,000 USDT.

4. Liquid Restaking/Yu Bibao

With the popularity of the Restaking track in 2024, Huobi HTX’s exclusive CEX in-site airdrop event Liquid Restaking came into being, which allows users to participate in popular airdrops on the chain for free and without thresholds. As of the end of December, the cumulative number of participating users exceeded 100,000, and the participating funds exceeded US$300 million.

Currently, Liquid Restaking has been upgraded to Yubibao , becoming a currency-earning product for trading accounts. As long as users deposit funds in a contract U-based account, regardless of whether they open a position or not, they can enjoy an annualized return of 6% with no threshold and no lock-up.

3. Platform theme activities

In 2024, Huobi HTX successively launched a series of platform activities such as the Pizza Festival carnival party, the "passionate" Dragon Boat Festival, the Double Eleven Carnival Week, the 11th Anniversary Theme Event Month, and the Double Dancing Party, with user participation reaching new highs.

During the Pizza Festival series of events, Huobi HTX gave away million-dollar bonuses. The average number of daily transactions increased by nearly 20% compared to before the event; the average daily transaction amount increased by nearly 50% month-on-month; and the average daily transaction amount per person increased by nearly 25% month-on-month.

Huobi HTX gave away rewards worth over 10 million USDT to 334,832 users during the 11th anniversary theme activity month. Among them, the 11th Anniversary Summer Carnival attracted more than 310,000 users to sign up, bringing a total contract transaction volume of US$10.242 billion and a spot transaction volume of US$1.54 billion. The cumulative rewards issued exceeded 940,000 USDT. In addition, about 20,000 people returned to Huobi HTX through the old user return activity.

6. Safety and Compliance: Strictly abide by the safety bottom line and

actively adapt to compliance operation models around the world

1. Safety Summary

In 2024, Huobi HTX security system will win trust with its excellent performance:

• In terms of transaction security: 98 withdrawals to fraudulent addresses were intercepted throughout the year, and users' losses of more than 1.37 million USDT were recovered; 7.83 million USDT of external stolen funds were frozen;
• In terms of account security: more than 2.7 million security reminders were issued throughout the year, and 130 phishing websites were cracked down on;
• In terms of fund security: 71,089 new blacklist addresses were added, and the deposit amount of intercepted black addresses exceeded 5.71 million USDT.

At the same time, Huobi HTX issued Merkel Tree reserve certificates for 12 consecutive months in 2024, and the reserve rate remained above 100% throughout the year. In the middle of the year, Huobi HTX conducted a major version upgrade of the reserve certificate, increasing the number of asset certificates from 5 to 8, namely BTC, ETH, TRX, USDT, HTX, XRP, DOGE, and SOL. In addition, third-party custody platform asset data has been added to further enhance data transparency.

In order to allow users to have a more detailed and full understanding of the principle, implementation and verification of proof of reserves, the platform has specially upgraded the special page to introduce to users in detail what proof of reserves (PoR) is, why the 100% reserve rate is so important, Huobi HTX’s pursuit of asset transparency, etc.

2. License Compliance

In 2024, Huobi HTX will further explore the European market. Affiliates not only continue to maintain compliant operations, but are also actively applying for European MiCA licenses, embracing supervision, and expanding international business.

Huobi HTX has also made important progress in its layout in the Middle East and is currently applying for a Full Market Product (FMP) license supervised by the Dubai Virtual Asset Regulatory Authority (VARA). This license is a representative and highly valuable virtual asset license in the Middle East. Once obtained, it will be able to open up stable currency, legal currency trading and virtual asset consulting business. Previously, Huobi Dubai had obtained VARA’s in-principle approval (Initial Approval).

In addition, Huobi HTX is actively promoting the application for related licenses in Bahrain involving custody, brokerage business, exchanges, etc., and is currently progressing smoothly.

In terms of anti-money laundering, in order to fully ensure the security of user assets and compliance operations, Huobi HTX continues to cooperate with the world's leading on-chain monitoring database to effectively conduct real-time monitoring and intercept transactions involving black addresses and high money laundering risks to comprehensively prevent compliance risks. . At the same time, Huobi HTX strictly abides by regulatory requirements and has built a complete compliance anti-money laundering system, including customer identification, automated transaction monitoring and account management modules, and is committed to creating a safe and compliant trading environment for users.

7. Operation Overview: Develop community culture and strengthen customer

service

1. Scale growth

In 2024, Huobi HTX will actively carry out activities on social media and on-site content platforms to shorten the distance with users. At present, the total number of fans of Huobi HTX official social media community exceeds 2.55 million, and the interaction rate in the Chinese area ranks first in the industry; X Space traffic reaches the industry-leading level, with a maximum of 20,118 people online at the same time in a single game; the community user base exceeds 70 million, a month-on-month increase of 41.6%, ranking among the top three in the industry; in terms of social media community activities, Huobi HTX planned a total of 174 events throughout the year, with a transaction volume of 69.9 million USDT during the event, and deposits exceeding 1.9 million USDT.

At the same time, the popularity of the Huobi community has increased sharply, showing its unique vitality. In 2024, the total number of posts will be 3.48 million, and the total number of interactions will be 11.11 million; more than 100 user activities and more than 90 hot topics will be launched online, with the highest number of participants in a single event exceeding 74,000. Not only that, more than 500 active analysts share their experiences and insights in the Huobi community every day, working together to build a high-quality creator platform.

In addition, Huobi Growth Academy held a total of 52 online learning and earning activities throughout the year, attracting 468,000 users to participate, and issued learning rewards worth 249,000 USDT, making outstanding contributions to the education of crypto users.

2. Service experience

Huobi HTX always puts users first and attaches great importance to user experience. In 2024, the customer service team served nearly 367,000 users throughout the year, effectively handling 796,073 user incoming calls and work order issues, and the work order processing satisfaction rate exceeded 80%. In 2025, by optimizing the service entrance and strengthening the linkage between intelligent assistants and manual customer service, Huobi HTX will continue to improve the efficiency of responding to user issues and achieve "intimate guidance before service, professional and efficient service, and continuous care after service", and provide continuous care through multiple channels. The feedback mechanism achieves a comprehensive upgrade of user experience.

8. Ecological construction: explore new models of decentralized

governance and promote the common development of the global encryption industry

1. HTX DAO

HTX DAO , established in January 2024, has opened up a new path for the decentralized governance of exchanges and gradually implemented the vision of a "people's exchange".

As of now, the first People's Committee of HTX DAO has completed its term, and the new governance committee members have taken office through the "recruitment plan". Community members voted more than 350,000 times on HTX DAO throughout the year. Based on the governance proposal passed by HTX DAO, Huobi HTX has introduced new models to empower $HTX such as “one coin, multiple mines”, further enhancing the competitiveness of $HTX and providing new ideas for the long-term DAO governance of the exchange ecosystem. ideas. According to incomplete statistics, with the support of mechanisms such as liquidity donations and token destruction, the total number of users holding $HTX positions on Huobi HTX Exchange exceeded 720,000, and the number of large holdings increased by 268%. Among them, the number of large holdings worth over 100,000 USDT increased by 110. %.

In order to promote its innovative governance concept, HTX DAO held a total of 18 offline activities, covering 8 countries and 30 cities, with a cumulative exposure of 300 million times, more than 3,600 new group members, and a conversion rate of over 10%. HTX DAO also cooperated with 35 external communities, successfully launched 105 ecological cooperation projects, and held 51 AMAs, which not only greatly increased its own popularity, but also gathered community consensus.

2. HTX Ventures

As the global investment arm of Huobi HTX, HTX Ventures has invested in a total of 28 funds and crypto-frontier projects in 2024, covering DeFi, BTCFi, ZK-rollups, modular infrastructure, Layer 1 and Layer 2 solutions, artificial intelligence, SocialFi, GameFi and many other fields. By investing in BTCFi projects such as Babylon , BounceBit , Nexio , and Corn , HTX Ventures has increased its support for the development of the Bitcoin ecosystem; in terms of infrastructure, HTX Ventures focuses on interoperability, modularity and other subdivisions, investing in Emerging blockchain networks such as Berachain , Monad , Avail , Sophon , and Camp Network ; investments in projects such as Vanilla Finance and BSX reflect HTX Ventures’ multi-chain layout in the DeFi ecosystem.

Not only that, HTX Ventures also provides all-round support for investment projects, including resources, markets, operational consulting, currency listing consulting, financing, technology, liquidity, etc., laying a solid foundation for the development of the project. Currently, it has reached strategic cooperation with a number of leading VCs including Bankless and Figment to jointly promote the healthy development of the encryption industry.

In 2024, HTX Ventures will also be present at major summits around the world, including ETH Denver, ECC, TOKEN2049, Consensus, Korea Blockchain Week, and Hong Kong Hack Summit, etc., aiming to have in-depth exchanges with the industry's top VCs and ecological partners, Grow together, while exploring high-quality projects to promote the sustainable development of the entire ecology.

In addition, HTX Ventures published a total of more than 13 research reports last year, involving the technical game of the Ethereum ecosystem, Layer 2, liquidity re-pledge, Dencun upgrade, Pectra upgrade , DePIN, AI+Crypto, BTCFi , Meme , stable currency, RWA, In hot areas such as the impact of the US election on blockchain , we share industry insights from the perspective of senior builders.

9. Brand events: enhance brand image and promote global layout

1. HTX DAO 2024 and People’s Exchange Launching Ceremony was

successfully held

On February 2, the launch ceremony of HTX DAO 2024 and People’s Exchange was held in Singapore. This conference unveiled the decentralization of Huobi HTX and marked the People’s Exchange becoming its spiritual core. At the event, HTX DAO core supporter and Huobi HTX Global Advisor Sun Yuchen attended the event and delivered an important speech. He also discussed the governance of HTX DAO and the People's Exchange with the HTX DAO Governance Committee, ecological participants, and industry media. He said: Huobi HTX has gone through a centralized decade, and hopes that in the next decade, it can complete the transformation of decentralization and achieve long-term peace and stability - using a completely democratic mechanism and transparency visible to everyone, to create a A true people's exchange.

2. TRON X HTX DAO Hong Kong Night

On April 9, the "TRON x HTX DAO 2024 Hong Kong Night" themed event hosted by TRON and co-organized by HTX DAO was held grandly in Hong Kong. Huobi HTX Global Advisor Sun Yuchen shared the ecological construction of TRON and the decentralization exploration of HTX DAO through a video. He said that he is committed to using blockchain technology to create a borderless financial system to provide support for billions of users around the world who have not yet accessed traditional financial services. He also pointed out that the encryption field must not only pursue technological innovation, but also advocate a community culture based on transparency, fairness, and autonomy. In the future, the trinity of people, communities, and users will be gradually realized through multi-party efforts, making it the core force of the encryption market and the construction of TRON DAO and HTX DAO.

3. Huobi HTX 11th Anniversary &TOKEN2049 Afterparty

During the TOKEN2049 Summit, it was the 11th anniversary of the establishment of Huobi HTX. To this end, HTX DAO and TRON jointly held the TOKEN2049 Afterparty in Singapore. Many well-known project parties, investment institutions, crypto KOLs, industry media, and a total of more than 1,100 senior industry professionals witnessed and celebrated the 11th anniversary of the establishment of Huobi HTX.

For this 11th anniversary, Huobi HTX uses the theme of "Forging through the wind and rain, forging the heart to reach the top", which represents its unchanged original intention of going through many rounds of bulls and bears and always being committed to serving users and building the industry. At the launch ceremony of the 11th anniversary event held by Huobi Live, Justin Sun also proposed Huobi HTX’s new goal: to adhere to industry construction in a longer time span and become a century-old store in the currency circle.

4. Frequent appearances at the world’s top encryption summits

In 2024, Huobi HTX frequently appeared at top crypto industry summits around the world, held a total of 19 brand events, and won 4 industry awards. From Huobi HTX Dubai Night to Crypto Summit 2024, as well as attending GM Vietnam, Istanbul Blockchain Week, Blockchain Life 2024, Bitcoin MENA, etc. as a sponsor, it demonstrates its emphasis on the global crypto market and also means that Huobi HTX will continue to Deepen the global strategic layout and further promote the widespread implementation of encryption applications through exchanges and cooperation with global encryption entrepreneurs and communities.

It is worth mentioning that at the opening ceremony of Crypto Summit 2024, the organizer of the conference revealed that Huobi HTX ranked third in the CIS region with a market share of 11%. Not only that, at Blockchain Life 2024, Huobi HTX Global Advisor Sun Yuchen also won the "Best Crypto Entrepreneur of the Year" award for his outstanding achievements and innovation capabilities in the blockchain field.

2025 New Year Outlook

Over the past year, the cryptocurrency market has accelerated its integration with traditional finance, the regulatory environment has shown a trend of loosening, and blockchain technology has continued to advance. In December 2024, Bitcoin historically exceeded $100,000, stimulating the enthusiasm of global investors, providing a strong impetus for a new round of bull market, and further promoting the mature development of the encryption industry, making it gradually move towards the mainstream. 2025 will be a critical period for the encryption industry to accelerate development, technology will continue to iterate, and innovation will continue to spread. All practitioners will face unprecedented development opportunities.

As one of the most determined builders in the crypto industry, Huobi HTX will continue to adhere to the development strategy of "global expansion, ecological prosperity, wealth effect, and security compliance" in 2025, focusing on improving user experience, strengthening compliance operations, and technological innovation , actively promotes ecological layout and is committed to providing more diversified digital asset services to users. Specifically, Huobi HTX will focus on planning the development of the following aspects:

1. Continue to explore high-quality assets and highlight the wealth

effect

Huobi HTX will continue its advantages in new aspects of asset development, conduct in-depth research on the market, focus on wealth effects, and explore early-stage high-quality assets and popular track leading projects. At the same time, we will continue to take root in the community, actively listen to user opinions, and strengthen the high-quality image of the platform's wealth growth.

In terms of new assets, the following core strategies will be strengthened:

• On the same frequency as the community: listen deeply to the needs of the community, support high-quality projects that are highly recognized by users, oppose cabal tokens, and create a "people's exchange";
• Pay attention to the long-term development of the industry: explore projects with long-term construction value for the encryption industry, provide more resource support, and jointly build the cornerstone of the industry;
• Focus on popular tracks and high-quality assets: accurately grasp industry trends, select hot assets with hard-core quality, and ensure rapid launch; take the bull market as an opportunity to help users maximize investment returns and amplify the "wealth effect."

Generally speaking, Huobi HTX will always focus on users, continuously optimize the currency listing strategy, deeply explore community needs, and strive to become the preferred investment platform for users and create wealth opportunities for more people.

2. Adhere to technological innovation, enrich the product matrix, and

improve user experience

Focusing on various businesses such as spot goods, derivatives, and C2C, Huobi HTX will further increase its efforts in upgrading. While developing innovative products, it will continue to iterate on existing functions and strive to create a top-notch user experience in the industry.

In terms of products and services, Huobi HTX’s plans for 2025 include but are not limited to:

1. Product homepage: Optimize the interactive interface in an all-round way, focus on user experience, and welcome the new version 11.0;
2. Spot trading: The trading experience is optimized, and products such as unified account and pre-market trading are launched;
3. Contract trading: Comprehensive product innovation, optimizing the basic functions of contract trading, improving the ease of use of orders, at the same time, creating a contract grid, intelligent follow-up and other strategic product matrices, and continuing to increase investment in liquidity construction to provide users with more information. Slippery trading experience;
4. Huobi earns coins: implements the "interest rate pricing engine" for earning coins and lending, keeps up with market conditions, and maximizes platform income; it changes from attracting idle assets to attracting trading assets, raising the ceiling of financial management resources; creating a richer and more comprehensive Automated financial management tools and product matrix;
5. Pledge borrowing: increase the types of pledged assets and consider including $HTX in the list of pledged assets; add a joint margin model to enhance product diversity;
6. Deposits and withdrawals: Create the most professional C2C trading platform on the entire network to provide users with the best deposit and withdrawal services;
7. Customer service: Comprehensively optimize user service processes, improve service experience in multiple dimensions, and focus on improving self-service and intelligent capabilities. Collect user feedback through multiple channels, strengthen the construction of comprehensive customer service services, create personalized services, and enhance the emotional bond between users and the brand.

3. Upgrade security protection measures and explore global compliance

operation models

In 2024, Huobi HTX continued to maintain the record of zero safety incidents throughout the year. In the new year, Huobi HTX will still put "security compliance" first. In terms of platform security construction, Huobi HTX will promote new features such as HttpOnly, multi-device login, and remote login reminders. In addition, Proof of Reserves will be improved in the following areas:

1. The underlying data storage architecture will be upgraded to support the query and verification of all historical reserve certificates;
2. Increase certificates of reserves for more blue-chip assets;
3. Significantly increase the number of third-party custody platform assets.

In terms of compliance, Huobi HTX will actively investigate the MiCA license regulations in multiple European countries to prepare for broadening the compliance business territory; it will also establish a local license operation system after obtaining the Dubai regional license to carry out legal currency deposits and stable currency exchange businesses. , strengthen customer development and brand promotion in the Middle East.

In the next year, Huobi HTX will continue to increase investment in anti-money laundering compliance technology, enrich the risk monitoring database, further improve risk monitoring efficiency, and comprehensively protect the exchange’s compliance operations and user assets. It will also keep up with international regulatory trends to meet the compliance and anti-money laundering regulatory needs of more markets, ensuring that the platform provides a compliant trading environment for users around the world.

4. Strengthen ecological construction, promote the development of

decentralized governance and the prosperity of the global encryption ecosystem

In 2025, HTX DAO will make efforts from multiple dimensions to promote the mature development of the DAO organization and $HTX:

1. Continue to improve the decentralized governance structure and encourage more community members to participate in the decision-making process. HTX DAO plans to launch a more transparent and fair voting mechanism to ensure that every user’s voice can be heard and implemented in subsequent proposals;
2. Deepen cooperation with domestic and foreign blockchain projects and explore more ecological cooperation opportunities;
3. Strengthen user education, improve users’ understanding of blockchain fields such as DeFi and DAO governance, and allow more users to participate in governance and decision-making;
4. Increase the value of $HTX. With the dual benefits of earning coins + mining, multiple mining with one coin, flexible redemption and other advantages, it strongly stimulates users' enthusiasm for holding positions and participation, and continuously attracts more new users to the community;
5. Accelerate international layout and expand global community construction.

HTX Ventures will also continue to leverage its strengths in investment, incubation and strategic support to work hand in hand with the world's leading innovative projects and top investment institutions. HTX Ventures believes that 2025 will be the year when the encryption industry crosses a key development stage. Technology will accelerate iteration and the popularity of innovative applications will usher in an explosive period. HTX Ventures will spare no effort to contribute to the development of the global blockchain ecosystem and help cutting-edge projects stand out in the fierce market competition.

In the " HTX Ventures 2024 Crypto Market Review and 2025 Outlook " report, HTX Ventures pointed out five tracks that will develop rapidly in 2024, namely Bitcoin ecology, infrastructure, Meme, AI, and TON ecology. In 2025, HTX Ventures will continue to deepen its efforts in its key areas, explore and support more application scenarios and high-quality projects.

5. Build brand global influence, focusing on the CIS region

In 2025, Huobi HTX will vigorously carry out brand activities in key strategic areas around the world, especially the CIS area, display the brand image in an all-round and multi-angle manner, and achieve widespread brand exposure, thereby providing strong support for global expansion. Huobi HTX will also explore differentiated cross-border cooperation and carry out Web3 industry cooperation with a younger and more creative perspective.

2025 is a critical year for Huobi HTX to embrace new opportunities in the industry. As an established digital asset trading platform with rich experience in industry construction and always focusing on user needs, Huobi HTX is confident in delivering a satisfactory answer to global users and achieving the goal of “enabling eight billion people around the world to achieve financial freedom.” The vision goes one step further.

About Huobi HTX

Huobi HTX was established in 2013. After 11 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation and other businesses.

As the world's leading Web3 portal, Huobi HTX adheres to the development strategy of global expansion, ecological prosperity, wealth effect, and security compliance, and provides comprehensive, safe, and reliable value and services to virtual currency enthusiasts around the world.

For more information about Huobi HTX, please visit HTX Square or https://www.htx.com/ , and follow X , Telegram and Discord . If you have further questions, please contact glo-media@htx-inc.com .