Entering the fourth quarter, the cryptocurrency market continues to experience volatility and decline, with mainstream asset prices retreating from their highs, leading to cautious trading in the market. As the market cools down, Huobi HTX is focusing more on strengthening its trading fundamentals and providing diversified yield pathways. In October, the market depth of core spot trading pairs on Huobi HTX overall improved, with the BTC/USDT market depth increasing by 78%; the number of stocks available for trading on the platform grew to 307, and the cumulative trading volume in TradFi surpassed $7.5 billion. At the end of the month, the "Warm Winter Journey" profit-earning interest rate activity was officially launched, bringing users a steady income choice amidst the volatile market conditions.
Overall improvement in spot depth, large transactions executed more smoothly
In October, Huobi HTX continued to deepen its cooperation with professional market makers, optimizing various aspects including market support, market depth, and trading environment, resulting in an overall improvement in the market depth of core spot trading pairs. For instance, in October, the market depth for BTC/USDT increased by 42% for ten-thousandths and by 78% for five-thousandths. The better the depth, the smaller the impact of orders of the same scale on prices, allowing for larger transactions to be completed at prices closer to the market value. For core assets like BTC, this means that users can still trade more comfortably even during significant market volatility.
Centered around the two core assets BTC and ETH, Huobi HTX also launched a series of trading benefits in October, including trading competitions, fee rebates, trading lotteries, and iPhone Duo themed activities, with the key trading competition attracting over 10,000 participants.
Asset matrix continues to expand, the number of stock assets increases to 307
In October, Huobi launched 40 new contract assets, including 29 selected stocks and ETFs and 11 cryptocurrency assets. So far, the number of tradable stock assets on the platform has increased to 307, covering core US stocks, major global indexes and ETFs, biomedicine, energy infrastructure, and market leaders in Asia-Pacific, achieving new highs in overall liquidity and user activity on the platform.
This month's new additions focused on areas such as AI computing power and hardware innovation, biomedicine and health, consumer goods and high-dividend blue chips, core markets in Asia-Pacific, and frontier technologies. Stocks like STMicroelectronics (STM), United Microelectronics (UMC), Synopsys (SNPS), Constellation Energy (CEG), Pfizer (PFE), Boeing (BA), Procter & Gamble (PG), McDonald's (MCD), Starbucks (SBUX), Indonesia Index ETF (EIDO), and Japan’s Taiyo Yuden (TAIYOYUDEN) were successively launched, balancing both tech growth and defensive assets like consumer and pharmaceuticals.
As the asset matrix continues to enrich, Huobi HTX's cumulative trading volume in TradFi has surpassed $7.5 billion, with a single month increase in October reaching $1.5 billion.
In terms of spot assets, the new cryptocurrencies launched by Huobi HTX in October were mainly focused on the AI sector, with projects like POD, AXIS, DNA, and NMR being successively introduced. Among them, Axis Robotics (AXIS), which focuses on physical AI and robot training data, was co-launched by Huobi HTX, reaching a maximum increase of 37% after launch.
Seven major profit-earning products with interest subsidies, USDT lending rates remain highly competitive
In October, interest in profit-earning products on Huobi continued to rise. The SVIP on-demand subscription for users with large holdings remained extremely popular, with a 16.1% month-on-month increase in the number of subscribers and more than a 20% increase in subscription amounts.
On October 31, Huobi HTX launched the "Warm Winter Journey" profit-earning interest rate activity, offering a 7-day fixed-term product interest subsidy for three mainstream currencies: BTC, ETH, and TRX, as well as for four stablecoins: USDT, USDC, USDS, and USDD, with annualized rates as high as 10%. Each currency allows individual participants to enjoy a maximum subscription limit equivalent to $2 million; combined across seven currencies, the maximum interest subsidy limit for one person is approximately $14 million, fully meeting the capital allocation needs of users with large holdings. Subscriptions can be renewed after product maturity, ensuring good liquidity of the funds.
Regarding lending, Huobi HTX’s USDT lending rates continue to maintain strong competitiveness in the industry. In October, the annualized lending rate for USDT on the platform was between 4.75% and 5.3%, with the minimum rate for large clients dropping to 3.84%, allowing users to unleash the capital potential of their holdings at lower costs. During the double holiday leverage season in autumn, USDT borrowing volume increased by 18.6% month-on-month, and leverage trading volume grew by over 128%. Currently, the Leverage Carnival Month is ongoing and will last until November 25, offering seven tiers of rewards for borrowing USDT, with up to 50% fee rebates on leveraged currency trading competitions.
Safe and compliant operations steadily advance
Asset security is an important standard for users when choosing a trading platform. In October, Huobi HTX's C2C Chinese market continued to improve its 24/7 trading dispute resolution mechanism and multi-level review system for large complaints, achieving zero asset loss incidents. In response to night trading scenarios, the platform upgraded the merchant evaluation mechanism for nighttime service fast lines and implemented periodic dynamic adjustments, continuously improving the response efficiency for night orders. In terms of fiat bulk trading, Huobi HTX has cooperated with multiple payment channels to further reduce users’ trading costs.
On the compliance front, Huobi HTX continued to deepen constructive communication with relevant regulatory bodies in October, facilitating the proper resolution of relevant matters while further improving and implementing compliance operational measures to create more favorable conditions for focusing on user service and promoting long-term development.
$HTX Q3 destruction results are impressive, TOKEN2049 witnesses brand influence
On October 15, HTX DAO completed the $HTX destruction for Q3 2026. A total of approximately 93.9 trillion $HTX were destroyed, equivalent to a value of about $15.48 million, with the destruction quantity increasing by approximately 25.6% compared to the previous quarter. So far, the total cumulative destruction and donation of $HTX has reached 127.17 trillion tokens. According to the established mechanism of HTX DAO, as an ecological partner, Huobi HTX will use 50% of its revenue for $HTX repurchase and destruction every quarter.
From October 6 to 8, the global crypto industry's focus was on Singapore TOKEN2049. Huobi HTX's global investment division, HTX Ventures, showcased at the Marina Bay Sands Expo, with YuShu Robotics, Huobao IP parade, and multiple point lotteries attracting a large number of visitors. HTX DAO held multiple surrounding activities during the summit. At the "Future Night," Huobi HTX global advisor and core supporter of HTX DAO, Sun Yuchen, expressed views on trends in the crypto industry and the future of digital economy development via video, identifying the free flow of value in the digital world as an important trend worth continuous attention for the next decade; during the VIP private dinner, the Huobi HTX team engaged in in-depth discussions with industry representatives, ecological contributors, and partners, exchanging views on topics such as industry development, market changes, and product experience to create conditions for further understanding and optimizing services and expanding cooperation.
Market fluctuations, walking with users
The market experiences ups and downs; in the face of these fluctuations, what the platform can do for users is to refine the experience of every transaction, launch valuable innovative products and tangible welfare activities, and ensure the security of users' assets. Over its 13 years since establishment, Huobi HTX has traversed one cycle after another with global users. This winter, Huobi HTX will continue to uphold user-first principles, accompany every user through the cold winter, and wait together for the arrival of the next cycle.
About Huobi HTX
Huobi HTX was established in 2013, and after more than ten years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, covering digital asset trading, derivatives, research, investment, incubation, and other enterprises.
Huobi HTX is committed to lowering the entry barrier in the digital asset domain, serving a wider user base, and continuously improving products and services based on user needs and industry changes, steadily moving towards the vision of "enabling 8 billion people worldwide to achieve financial freedom."
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