HTX boosts BTC/USDT spot depth 78% and launches 10% APY

4 min

HTX reported operational metrics for October against a weaker, volatile Q4 market: deeper spot order books for core pairs, expanded TradFi listings and volumes, yield and borrowing programs with specified rates and limits, and a larger $HTX token burn. Compliance initiatives and event participation were also highlighted.

Spot liquidity and trading activity

HTX strengthened market-making support and order book depth for core spot pairs. BTC/USDT depth at 0.01% rose 42% in October; depth at 0.05% rose 78%. Deeper books reduce price impact for larger orders. The exchange ran BTC and ETH-focused trading rewards, including challenges, fee rebates, and lucky draws, with the main challenge drawing over 10,000 participants.

Asset coverage and volumes

HTX Futures listed 40 assets in October: 29 stocks and ETFs, and 11 crypto assets. Stock trading assets reached 307, covering US large caps, global indices and ETFs, biopharma, energy infrastructure, and Asia-Pacific leaders. Cumulative TradFi trading volume exceeded 7.5 billion USDT, with 1.5 billion USDT added in October.

New TradFi listings included STMicroelectronics, United Microelectronics, Synopsys, Constellation Energy, Pfizer, Boeing, Procter & Gamble, McDonald’s, Starbucks, Indonesia Index ETF (EIDO), and Taiyo Yuden. Spot crypto listings emphasized AI-linked projects: POD, AXIS, DNA, NMR. Axis Robotics, focused on physical AI and robotics training data, debuted as a primary listing on HTX and rose up to 37% post-listing.

Yield, borrowing, and OTC

HTX Earn activity increased: SVIP Flexible subscriptions among large-balance users rose 16.1% month-on-month, with subscription volume up over 20%.

APY Boost Promotion: 7-day fixed products offered up to 10% APY on three mainstream coins: BTC, ETH, TRX; and four stablecoins: USDT, USDC, USDS, USDD. Per-asset subscription cap: the equivalent of 2 million USDT. Subscribing to all seven assets allows a combined boosted quota of about 14 million USDT. Products can be re-subscribed after maturity.

Borrowing: USDT loan APR ranged 4.75%–5.3% in October, with discounted rates from 3.84% for larger volumes. USDT loan scale rose 18.6% month-on-month; margin trading volume increased over 128%. The Margin Trading & Borrowing Bonanza Month runs through November 25 with seven reward tiers for USDT loans and up to a 50% trading fee rebate in the Margin Trading Contest.

OTC: HTX expanded OTC Desk payment channels via additional providers to improve settlement options and reduce costs.

$HTX token burn and brand presence

On October 15, HTX DAO burned about 9.39 trillion $HTX tokens worth roughly $15.48 million, up about 25.6% quarter-over-quarter. Cumulative burned and pledged totals reached 127.17 trillion $HTX. Under the mechanism, 50% of HTX’s quarterly revenues fund $HTX buybacks and burns.

At TOKEN2049 Singapore, HTX Ventures showcased at the Sands Expo. HTX DAO hosted side events, including HTX DAO Future Night with a video address from Justin Sun, Advisor to HTX and a core supporter of HTX DAO, on crypto trends and the future digital economy. HTX held private discussions with ecosystem participants on market developments and product feedback.

Operations and compliance

HTX reported ongoing engagement with regulatory authorities and reinforcement of compliance measures to support user services and long-term operations. The company noted a 13-year operating history across multiple market cycles.

Company overview

Founded in 2013, HTX has developed into a blockchain business ecosystem spanning digital asset trading, derivatives, research, investments, and incubation.