(Panama City, January 9, 2026) – Amid global macroeconomic uncertainty and an evolving crypto cycle, 2025 marked a major turning point for digital asset markets, moving from sentiment-driven trading to structural rebalancing. As short-term speculation has gradually given way to new scrutiny of safety, liquidity, and sustainable value, the competitiveness of major exchanges has correspondingly shifted from traffic-driven growth to long-term operational resilience.
Recently, HTX officially launched its 2025 Summary Report and 2026 Outlook Report, providing a comprehensive review of its 2025 performance, ecosystem development, and forward-looking strategy.
Click here to read the full report.
According to the report, HTX experienced solid growth last year across key metrics such as user base, trading volume, and compliance. By the end of the year, the platform’s global registered user base exceeded 55 million, adding 6 million new users during the year. The annual cumulative trading volume reached approximately $3.3 trillion, an increase of 39% year-on-year, and net capital inflows totaled $608 million.
Throughout the year, HTX maintained a record of zero security incidents and was named “World’s Most Trusted Cryptocurrency Exchange 2025” by Forbes magazine.
Despite market volatility, HTX’s spot trading business showed consistent growth. In 2025, cumulative spot trading volume exceeded USDT 1.9 trillion, an increase of nearly 30% year-on-year.
This report highlights that smart trading tools are reshaping user behavior. The annual trading volume generated by spot trading bots increased by 97% year-over-year, and the assets allocated to these bots doubled. In particular, stablecoin-based grid trading volume increased by 352%, while grid trading for major assets increased by 122%. By reducing manual intervention through automation, spot trading bots have become an important means for users to navigate volatile market conditions.
New listing strategy focuses on “first mover value” and forward-looking market penetration
In 2025, HTX listed 166 new assets, marking a strategic shift from short-term sentiment tracking to narrative identification and early-stage asset selection.
The report notes that HTX has successfully captured first-mover advantages across multiple sectors including meme coins, AI, and crypto financial infrastructure. Assets such as TRUMP, PIPPIN, and M have returned several times over after their initial listing on HTX. In parallel, HTX is USD1, WLFI, and U.
With stricter screening standards and a consistent pace of listings, HTX is increasingly differentiating itself as a platform focused on new listings.
Futures trading will further expand due to simultaneous improvements in products and liquidity
Regarding the futures business, HTX recorded $1.4 trillion in futures trading volume in 2025. This equates to approximately 50% year-on-year growth, with trading volumes increasing every month.
The introduction of multiple leading market makers and optimization of trading structures continues to increase the liquidity depth and stability of core futures contracts such as BTC and ETH. Over the year, more than 120 futures-related feature upgrades were completed, covering order placement, funding rate viewing, risk management, and more.
Product innovation also accelerated. Futures Grid has been upgraded to version 2.0 and has attracted over 30,000 monthly active users. Meanwhile, the copy trading system has evolved to version 4.0, introducing smart copy features and fund separation mechanisms to further lower the barrier to participation. Meanwhile, in multi-asset collateral mode, more assets are supported as margin, accounting for more than 60% of the total futures trading volume, significantly improving capital efficiency.
Multi-layered capital management continues to fuel the platform ecosystem
To accommodate diverse risk profiles and capital usage scenarios, HTX further refined its Earn, Margin, and Collateral Swap (formerly Crypto Loan) product suite in 2025, building a multi-layered capital management framework that spans conservative yield generation and high-efficiency trading.
According to official data, HTX Earn served more than 600,000 users and supported more than 300 digital assets during the year. Margin and collateral swap products have been upgraded in asset coverage, capital efficiency, and risk management to enhance the platform’s professional trading ecosystem.
In addition to product maturity, high-frequency, structured asset campaigns played a key role in driving engagement and activity. In 2025, HTX hosted over 300 campaigns featuring trending assets and leading trading tools, attracting over 1 million participants.
Flagship initiatives such as Launchpool and Futures Trading Contest have increased liquidity and market depth, while strengthening user retention and community vitality.
Security and compliance remain the foundation of long-term trust
Security and compliance continue to underpin HTX’s long-term strategy. Throughout 2025, HTX made continued efforts to enhance these capabilities. The monthly Merkle Tree Proof of Reserve Report has been published, showing reserve ratios for all major assets above 100%. Notably, USDT reserves have increased by approximately 150% over the year, reflecting increased user confidence and asset retention.
On the compliance front, HTX has made steady progress in licensing across multiple jurisdictions. The platform has become one of the first two global digital asset exchanges to apply for a virtual asset license in Pakistan.
Meanwhile, the company advanced licensing and regulatory cooperation in key markets, including the Middle East and Australia. Investments in anti-money laundering and anti-cryptocurrency systems have further strengthened the compliance foundation of the company’s global operations.
Outlook for 2026: Advancement of core trading scenario with steady evolution
At the start of a new market cycle, HTX has outlined its priorities for 2026. A continued focus on spot trading, futures, and OTC markets, deeper product improvements, and enhanced user experience. The platform also works to improve capital efficiency, strengthen security and compliance, and foster long-term ecosystem growth through the HTX DAO, research, and investment framework.
As the report highlights, true growth comes from respecting time. In the rapidly evolving cryptocurrency landscape, HTX is moving forward at a more measured and resilient pace toward the next stage, shaped by long-termism.
About HTX
Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange to a comprehensive ecosystem of blockchain businesses spanning digital asset trading, financial derivatives, research, investment, incubation, and other businesses.
As the world’s leading gateway to Web3, HTX has global capabilities that allow us to provide secure and reliable services to our users. HTX adheres to the growth strategy of “Global Expansion, Thriving Ecosystem, Asset Effectiveness, Security and Compliance” and is dedicated to providing quality service and value to virtual asset enthusiasts around the world.
To learn more about HTX, visit https://www.htx.com/ or HTX Square, and follow HTX on X, Telegram, and Discord. For further inquiries, please contact (email protected).
