Latest news with #HTXDAO
Cision Canada
31-07-2025
- Business
- Cision Canada
From Trading to Empowerment: HTX Unveils 2025 Mid-Year Performance and Strategic Roadmap
HTX Unveils 2025 Mid-Year Performance and Strategic Roadmap , July 31, 2025 /CNW/ -- HTX, a leading global crypto exchange, recently announced its robust performance for the first half of 2025, demonstrating resilient growth in both user base and trading volume despite macro headwinds and a shifting regulatory environment. To mark the occasion, HTX held a livestreamed strategy session on July 22, hosted by Molly, a leading voice within the HTX DAO ecosystem. The session featured a detailed review of HTX and HTX DAO's achievements in the first half of the year, alongside a preview of key initiatives planned for the second half. From user acquisition and asset expansion to DAO governance upgrades and global compliance, both platforms continue to push the boundaries of user empowerment and ecosystem growth in the crypto space. A Growth Paradigm Backed by Strategic Focus While many crypto exchanges experienced stagnation or even recession in the first half of 2025, HTX defied market gravity with strong double-digit growth: User base surged past 50 million, marking a 14% increase in the past six months Trading volume rose by 17% YoY, with traders increasing by 11% In Q1, HTX stood out as the only Top 10 exchange to post positive trading volume growth, despite broad market weakness Charting the Future with User Empowerment at the Core After a foundational first half, HTX is doubling down on its long-term goal of building a decentralized, fully transparent "People's Exchange," while HTX DAO is entering a new phase centered on community-driven governance. Climbing the compliance curve via on-chain value allocation According to Molly, HTX DAO is actively exploring partnerships with compliant U.S.-based exchanges. While regulatory complexity has slowed progress, the strategic intent remains clear and unwavering. Shifting governance and rewarding rights to the community through token empowerment HTX DAO's second-half priority is token-based empowerment. Beyond the existing voting and token recommendation mechanisms, new initiatives will further decentralize governance and incentivize participation: 1. DAO Treasury System: A share of trading fees will flow into a community-managed treasury, funding ecosystem growth and innovation. 2. On-Chain Point-Based Reward System: Community engagement, such as posting, content sharing, or project referrals, will be recorded on-chain. Contributors will be rewarded via future token airdrops, transforming participation into yield. Molly claimed that these mechanisms represent a pivot handover of platform governance and revenue allocation rights, and they will redefine the user-platform relationship in the Web3 era. "It is just getting started," she added. "More token utility and holder rewards are in the pipeline." A comprehensive product upgrade for an improved experience In today's market, a long-term vision and user-centric products are paramount. HTX is responding with a renewed focus on product innovation to create a more secure and intuitive trading experience. In Q3, HTX brings a full app upgrade across 20+ products, including spot, margin, and futures trading. Users will enjoy enhanced UX, visual refreshes, and seamless order execution. A Fair, Transparent Path for Quality Asset Listings The live stream also addressed the community's questions on token recommendation standards for listing. HTX's listing framework is built around three pillars of strong community demand, a proven team and clear tokenomics, and the long-term commitment to community-building and value creation (e.g., $CFX). "Backed by robust liquidity and an active user base, HTX helps premium projects attract immediate market attention. With the global reach of our advisor Justin Sun, HTX listings often spark industry-wide momentum," said Molly. To protect the integrity of the token recommendation, strict quality thresholds and anti-rigging safeguards are in place. Ultimately, Justin Sun plays an influential advisory role, offering strategic expertise and insights to support HTX's leadership, ensuring fairness and preventing manipulation or bribery. HTX is taking the "bold yet cautious" approach to decentralization. HTX's ultimate goal is to institutionalize a fully decentralized, user-governed exchange model with verifiable on-chain accountability. About HTX Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Business Insider
18-07-2025
- Business
- Business Insider
HTX DAO Officially Launches the Token Listing and Delisting Governance by Recommendation Mechanism: Entering the Age of True Community Consensus-Based Decisions
In early July, HTX DAO officially released the HIP-005 proposal, outlining a "Token Listing and Delisting Governance by Recommendation mechanism". This launch signifies that HTX DAO has not only completed the foundational setup of its governance architecture but has also formally entered a "deep governance phase" centered on managing core platform assets. In this stage, the community will transition from bystanders to decision-makers, participating in one of the exchange's most value-driven processes, thereby injecting genuine consensus power into the economic model of $HTX. From Peripheral Governance to Core Business Involvement: DAO's Role in Asset Selection As the core utility asset of HTX DAO, $HTX enables its holders to participate in the governance of the HTX Exchange while gaining value support from the platform's trading volume and fee revenue. According to the official tokenomics, HTX allocates 50% of its quarterly revenue to buy back and burn $HTX. This mechanism directly links the platform's trading activity with the token's scarcity. At the forefront of this value chain lies the selection mechanism of "asset listing and delisting". By introducing the DAO governance mechanism, $HTX holders gain the right to recommend, vote on, and discuss listings, so the platform can onboard truly high-quality, popular, and consensus-based projects. Concurrently, clear criteria can be set to delist tokens that are illiquid, high-risk, or non-compliant. This not only increases the activity and security of the platform's asset pool but also enhances the transparency, fairness, and community consensus within the listing process through a democratic mechanism. For the community, this marks a shift from the superficial incentive of "holding tokens equals holding rights" to meaningful governance where "holding tokens means participating in decision-making". Unlocking Governance Dividends: Empowering $HTX and Activating the Consensus Ecosystem Upon implementation, HTX DAO will evolve beyond a mere governance community to become an "ecosystem curator" optimizing HTX's asset structure. Directly Driving $HTX's Value: The more popular a newly listed token becomes, the higher the fee revenue, and the greater the scale of $HTX buybacks and burns. This will further increase the token scarcity. A well-performing recommended project may also be considered for inclusion in Launchpool, HTX Earn, Futures, and other utility scenarios, setting off a chain reaction. Incentivizing Governance Participants: If a recommended project is successfully listed and actively traded, recommenders and voters may be rewarded with fee cashback, point-based incentives, and other benefits. Community governance activity will be recorded on-chain and will help support a future "governance credit system", enabling access to Launchpool whitelists, new token airdrops, and more. Optimizing the Platform's Asset Structure: By combining community consensus-based selection with internal risk controls, this mechanism raises the quality of listed tokens, reducing issues such as "zombie tokens" and pump-and-dump schemes. Through reverse oversight of platform actions, the DAO enhances governance transparency and bolsters user trust in HTX across the industry. DAO Ventures into Deep Waters: Community Governance Is Reshaping Exchange Operations The biggest highlight of this HTX DAO proposal does not lie in a specific mechanism but in the paradigm shift it represents. Historically, exchanges exercised tight control over token listings, leaving communities with no choice but to passively accept platforms' decisions on which assets were listed or delisted. This governance structure is now being rewritten. With the DAO recommendation mechanism, HTX is returning some of the "gatekeeping authority" to the community while endowing the $HTX token with more real-world utility in governance scenarios. This is not only a governance upgrade but a restructuring of the ecosystem logic: HTX DAO is becoming an integral part of the platform ecosystem, rather than a peripheral appendage. The community's judgment, organizational capacity, and willingness to vote will be decisive in whether HTX can truly build a tripartite governance structure involving the exchange, the community, and project teams. For the broader industry, this governance path is of significant experimental value. It shows that the DAO mechanism is not only needed by DeFi, NFTs, or blockchain games but may also be adopted by centralized exchanges to enhance their transparency, user participation, operational efficiency, and asset quality. In this light, DAO is no longer a purely idealistic concept; it is becoming a core institutional framework with real-world utility and economic incentives. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Contact Damon
Cision Canada
17-07-2025
- Business
- Cision Canada
HTX's 2025 Mid-Year Report Showcases Robust Growth, Evidenced by 50 Million Users, $6.4 Billion Assets, and Hot Crypto's 850% Surge
PANAMA CITY, July 17, 2025 /CNW/ -- Halfway through 2025, HTX, a leading global cryptocurrency exchange, continues to navigate a crypto market that swings amid the tug-of-war between regulation and technological narratives. In a rotation of trending themes, Bitcoin surged past $120,000, hitting a new all-time high. Amid this cyclical transition marked by fierce competition, HTX has maintained its steady momentum and delivered a stellar mid-year performance. Over the past three years, HTX has pushed forward with its transformation and upgrading, evolving from rebranding and product innovation to user growth and global expansion. As the HTX DAO ecosystem governance system matures, HTX has leaped forward from being a platform-based exchange to becoming a "people's exchange". Let's dive into a comprehensive review of HTX's key progress and milestones in H1 2025 across several dimensions. HTX Advances Towards the Top with Impressive Performance In H1 2025, newly registered users on HTX increased by 92% compared to the previous half-year, bringing the total user base to over 50 million. Assets on the platform rose by 14%, surpassing $6.4 billion. Total trading volume grew by 17% year-on-year, while active traders grew by 11% from the previous half. These key performance indicators show strong upward momentum across the board, signaling remarkable stability in an otherwise turbulent industry. HTX is rapidly enhancing its competitiveness as one of the world's top exchanges. Trending Assets Drive Wealth Creation HTX made waves in H1 2025 with an impressive lineup of newly listed assets. Cryptos like TRUMP, LAYER, and STO debuted exclusively on HTX, well ahead of other mainstream exchanges, and many new listings experienced substantial growth shortly after launch. Among these, TRUMP skyrocketed from 10 USDT to 95 USDT, marking an 850% increase. AVAAI, a representative crypto in the AI narrative sector, surged by 570%. PIPPIN, a prominent player in the Solana ecosystem, rose 484%, and LAYER, an infrastructure project, grew 467%. Other assets like STO, SYRUP, and SKYAI also registered gains of over 200%. Product Features Continuously Enhanced In H1 2025, HTX continued to optimize its product experience and launched several key features: Multi-Assets Collateral mode for futures trading was introduced to help users maximize fund utilization. A new "Zero-Cost Futures Position" feature was introduced, lowering the barrier for users to adopt leverage strategies. Custodial sub-accounts and the HTX DAO on-chain voting mechanism officially went online, offering users a more secure and flexible trading and governance experience. The platform launched the 1:1 USDT/USDD conversion to boost stablecoin utilization. These features significantly enrich HTX's product matrix, catering to the diverse trading and asset allocation needs of different users. Security and Compliance Safeguard User Assets Against the backdrop of tightening crypto regulations and frequent risk incidents, HTX released its 2025 Mid-Year Security Report, continuously reinforcing the platform's security system and building a multi-layered, end-to-end risk control mechanism to ensure the safety of user assets. Through actions such as cracking down on phishing websites, optimizing risk control systems, and enhancing on-chain monitoring, HTX has established an end-to-end security framework covering users, trading, and funds. As a pioneer in implementing Merkle Tree Proof of Reserves, HTX has consistently demonstrated its dedication to asset transparency by publicly disclosing reserve data for 33 consecutive months. As of July 1, 2025, HTX's overall reserve ratio has remained steadily above 100%. Specifically, user-held USDT assets totaled 1.8 billion, while platform reserves exceeded 1.82 billion, marking four consecutive months of net asset growth. The continued rise in core asset reserves reflects growing user trust toward the platform. Additionally, to further enhance the auditability and transparency of its proof of reserves, HTX has fully upgraded its PoR to a TiDB distributed storage architecture, which effectively improves data processing efficiency and traceability. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Business Insider
17-07-2025
- Business
- Business Insider
HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance
HTX DAO announced the successful completion of its $HTX token burn for Q2 2025 on 15 July. This initiative is a core component of HTX DAO's ongoing strategy to implement its deflationary mechanism, aiming to enhance the long-term value of $HTX while fostering more stable value expectations for token holders and the broader community. Token Burn to Enhance $HTX Value On-chain data confirms the destruction of 11,796,322,511,974.72 $HTX tokens, valued at over $22.17 million. For complete transparency, the burn details are publicly accessible on the blockchain: HTX DAO commits to quarterly burns, with 50% of its platform revenue dedicated to this process; the next burn is scheduled for October 15, 2025. Since Q1 2024, HTX DAO has cumulatively burned approximately 72.76 trillion $HTX tokens, representing a remarkable $136 million in value. The consistent scale of these token burns showcases HTX DAO's effective implementation of its deflationary mechanism and strong confidence in its ecosystem. The ongoing reduction in circulating supply enables HTX DAO to build a more robust, scarcity-based token economic model that will deliver sustained value to $HTX holders. Community-Driven Project Listing Channel Launched Beyond its token burn efforts, HTX DAO is actively advancing decentralized governance. On July 4, HTX DAO introduced a new listing recommendation channel, empowering users to nominate quality projects through three methods: Creating a dedicated post on the HTX DAO forum; Participating in community discussions within the HTX App; Posting on the X with the hashtag #HTXVoteToList. Following initial screening and a vote by $HTX holders, shortlisted projects will be submitted to HTX for final listing consideration. Results from the first round of this community-driven initiative will be revealed on July 29. As an added incentive, participants in both the recommendation and voting phases will stand a chance to share a prize pool of nearly 10 billion $HTX tokens. This mechanism not only empowers community users with a stronger voice, but also marks a pivotal step for HTX DAO towards trading governance. It lays a solid foundation for the grand vision of building a "Free Financial Port". HTX DAO reiterates its commitment to decentralization, aiming to enhance community engagement in governance, decision-making, and asset management. By optimizing its deflationary mechanism and strengthening community governance, HTX DAO seeks to establish a user-driven, sustainable, and fully decentralized financial ecosystem for global users. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Damon
Business Insider
02-07-2025
- Business
- Business Insider
HTX DAO Showcases Compliance and Decentralized Governance Vision at Istanbul Blockchain Week
HTX DAO, an ecosystem partner of HTX, a global leading cryptocurrency exchange, made a high-profile appearance with a prime show booth from June 26 to 27 at Istanbul Blockchain Week 2025, Turkey's most influential Web3 event. This marked a major stride in HTX DAO's global expansion strategy, highlighting its forward-looking initiatives in decentralized governance, ecosystem growth, and compliance-first innovation. HTX on the Global Stage: Embracing the Stablecoin Surge and Web3 Integration During the event, Justin Sun, Advisor to HTX and Founder of TRON, and Serdar Serdengecti, Listing Director of HTX, delivered key insights into the shifting dynamics of the digital asset landscape. Justin Sun emphasized that the industry is entering a transformative phase, accelerated by regulatory openness and institutional adoption. He pointed to the surging stablecoin momentum as a pivotal opportunity for the crypto ecosystem to demonstrate real-world utility. In particular, Sun highlighted Turkey's proactive embrace of stablecoins such as USDT on TRON, showcasing how digital assets can drive economic empowerment and financial freedom at scale. "This is just the beginning. The real work is still ahead of us," said Sun. "I encourage all of you to keep building and keep pushing. I look forward to seeing the progress we will make together in the remaining half of 2025." At the roundtable, "From Trading Platforms to Financial Superapps: Are Crypto Exchanges Becoming the Everything App for Digital Finance?", Serdar Serdengecti shared insights on the global regulatory landscape and convergence in Web3. Serdar reiterated HTX's commitment to compliance as a cornerstone of its global strategy, stating that HTX actively engages regulators, respects jurisdictional frameworks, and designs for long-term trust. He outlined how HTX's listing process is rooted in user value, supported by research from HTX Ventures, the scalability and interoperability of TRON, and the decentralized governance of HTX DAO. The platform is collectively forming a robust path for sustainable project incubation, fostering a resilient and scalable ecosystem. Looking ahead, Serdar described the next phase of Web3 as the "Era of Integration", where infrastructure, user experience, regulation, and value creation will increasingly converge. "The lines between CeFi and DeFi, DAOs and TradFi, will continue to blur. Centralized platforms and decentralized protocols will accelerate collaboration, and regulatory frameworks for stablecoins and tokenized real-world assets will gradually take shape. Therefore, the industry's next phase will not be solely about innovation, but about who can earn trust, integrate ecosystem resources effectively, and scale sustainably." HTX DAO's Space Capsule Booth Draws Crowds in Istanbul HTX DAO's space capsule-themed booth became a major attraction on the exhibition floor. The installation served not only as a visual showcase of HTX DAO's visions but also as a touchpoint for real-time engagement with global builders and local enthusiasts. HTX DAO team members were on-site to guide attendees through the platform's latest progress in governance tools, ecosystem expansion, and user engagement. Strategically positioned at the crossroads of Asia and Europe, Istanbul has become a vital hub for Middle Eastern and European crypto innovation. HTX DAO's participation at IBW reaffirmed its ongoing commitment to a "decentralized governance and global collaboration" framework and reinforces HTX's broader mission to bridge regional ecosystems with global infrastructure. As Serdar noted, "Turkey's Web3 community is maturing from the ground up, fast-moving, community-rich, and deeply responsive to both global innovation and local needs. Any project that can thrive here proves its adaptability on a global scale. HTX is proud to partner with local builders and communities to advance a more open, transparent, and inclusive digital future." About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Damon
