Amid the combined impact of global macroeconomic uncertainty and the cryptocurrency technology cycle, the crypto market in 2025 underwent a profound transformation from sentiment-driven behavior to structural reshaping. The market gradually moved away from short-term speculative logic, shifting towards a renewed focus on security, liquidity, and long-term value. The core competitiveness of leading trading platforms has also shifted from short-term traffic to security, liquidity, and long-term service capabilities. Recently, Huobi HTX officially released the "2026 Opening Report," providing a systematic review of its 2025 business performance, ecosystem development, and future strategy.
Read the full report at: https://square.htx.com/zh/htx-2025-recap-2026-outlook-defining-the-next-growth-cycle-through-long-termism/
The report shows that in 2025, Huobi HTX achieved steady growth in key metrics such as user base, trading volume, and compliance progress. By the end of the year, the platform's global cumulative registered users exceeded 55 million, with 6 million new users added throughout the year; the annual cumulative trading volume reached approximately $3.3 trillion, a year-on-year increase of 39%, with net deposits of $608 million. The platform maintained a record of zero security incidents throughout the year and was included in Forbes' "2025 World's Most Trusted Crypto Exchanges" list.
Steady Growth in Spot Trading, Intelligent Tools Become a New Engine
Amid volatile market conditions, Huobi HTX's spot business showed stable growth. In 2025, the platform's cumulative spot trading volume exceeded $1.9 trillion USDT, a year-on-year increase of nearly 30%.
The report points out that intelligent trading tools are reshaping user trading methods. The annual trading volume of spot trading robots increased by 97% year-on-year, with the scale of capital deposits doubling. Among them, stablecoin-related grid trading volume increased by 352% year-on-year, while mainstream coin grid trading volume increased by 122% year-on-year. By reducing operational frequency through automated strategies, spot robots have gradually become an important tool for users to cope with market volatility.
Shift in New Asset Strategy to "First-Launch Value," Strengthening Forward-Layout Capabilities
In terms of new asset listings, Huobi HTX listed 166 new tokens in 2025, with its overall strategy shifting from chasing short-term sentiment to preemptive assessment of narrative origins and asset lifecycles.
The report shows that the platform achieved a first-launch effect multiple times in sectors such as Meme, AI, and crypto financial infrastructure, including assets like TRUMP, PIPPIN, and M, which saw tens of times increases after their first launch on Huobi HTX. Meanwhile, in the stablecoin and compliant finance narratives, Huobi HTX was among the first to list assets such as USD1, WLFI, and U, continuously strengthening its first-mover advantage in cutting-edge sectors. Through stricter screening mechanisms and a steady listing rhythm, Huobi HTX is gradually building a differentiated advantage as a "first-launch value platform."
Continued Expansion in Contract Trading Volume, Synchronous Optimization of Products and Liquidity
In derivatives, Huobi HTX's annual cumulative contract trading volume reached $1.4 trillion, a year-on-year increase of approximately 50%, with trading volume showing a month-on-month growth trend; by introducing multiple top market makers and optimizing trading structures, the depth and stability of core contract pairs such as BTC and ETH continued to improve. Throughout the year, over 120 contract function optimizations were completed, covering high-frequency usage scenarios such as order placement logic, funding rate display, and risk control mechanisms.
At the product level, the contract grid was upgraded to version 2.0, with monthly active users exceeding 30,000; the copy trading system was upgraded to version 4.0, introducing smart copy trading and fund isolation mechanisms, further lowering the barrier to entry for contract trading. Additionally, the unified margin mode supports multi-asset synergy, with related trading volume accounting for over 60% of total contract volume, significantly improving capital efficiency.
Pioneering C2C Select Station, Leading the Upgrade of OTC Trading Services
Huobi HTX's over-the-counter (OTC) business continued to expand in 2025, consistently playing its role as a platform-level financial infrastructure. Throughout the year, OTC trading served 3.93 million users, facilitating a scale of approximately $360 billion in transactions, supporting 74 fiat currencies and over 600 payment methods, covering 231 countries and regions.
Among these, the C2C Select Station, as one of the most iconic innovations of the year, led the upgrade of OTC trading services in the industry. This dedicated zone, through strict merchant准入 mechanisms, a full-process risk control system, and a "100% full compensation" guarantee mechanism, has maintained a record of zero frozen accounts since its launch, setting a new industry standard in security and trading efficiency. With a zero-fee policy and an intelligent matching system, Huobi Select Station has reshaped the trust mechanism of C2C trading while ensuring compliance and user experience, becoming an important example of service paradigm upgrade in the industry.
Multi-Level Capital Management and Brand Influence Resonate, Continuously Releasing Platform Ecosystem Vitality
Addressing different risk preferences and capital usage scenarios, Huobi HTX continued to improve its capital management matrix in 2025, including Earn, Leverage, and Margin Swap (formerly Lending), gradually building a multi-level capital solution covering steady appreciation and efficient trading. Data shows that Huobi Earn served over 600,000 users throughout the year, with products covering more than 300 digital assets; Leverage and Margin Swap saw同步 optimization in asset diversity, capital utilization efficiency, and risk control capabilities, becoming an important support for the platform's professional trading ecosystem.
As the product system matured, Huobi HTX enhanced user engagement and fostered a positive cycle of trading activity through high-frequency, structured asset events. In 2025, the platform held over 300 asset-related events围绕热门资产、核心交易场景及策略玩法, attracting over a million users to participate. Among them, events like Launchpool and Peak Competition significantly enhanced liquidity and trading depth while also notably increasing user stickiness and community activity, serving as a link connecting assets, users, and the platform.
With the continuous improvement in business scale and ecosystem activity, Huobi HTX achieved breakthroughs in industry influence and brand credibility. In 2025, Huobi HTX was strongly入选福布斯' "World's Most Trusted Crypto Exchanges" list and achieved rises in global comprehensive rankings on multiple mainstream data platforms; Global Advisor Justin Sun graced the cover of Forbes and won several industry awards; its global investment department, HTX Ventures, also received multiple annual investment institution awards for its forward-looking布局 in Web3 and the primary market. A CoinDesk research report showed that as of November, Huobi HTX's market share grew by 2.06% in 2025, ranking first among global mainstream centralized exchanges.
Through the synergistic resonance of capital management products, asset events, and brand influence, Huobi HTX is building a comprehensive crypto asset platform that combines trading efficiency, user participation, and a foundation of long-term trust, accumulating momentum for sustainable growth in future cycles.
Continuous Advancement in Security and Compliance, Solidifying the Foundation for Long-Term Trust
Security and compliance have always been Huobi HTX's most critical bottom-line capabilities. The report shows that Huobi HTX continued to strengthen its security and compliance capabilities in 2025. The platform每月发布默克尔树储备证明, with the reserve ratio of major assets始终保持在 100% 以上. Among them, the USDT reserve规模全年增长约 150%, indicating a significant increase in user asset deposits and trust.
On the compliance front, Huobi HTX steadily advanced its multi-regional license布局, officially becoming one of the first two global digital asset platforms to meet the application conditions for Pakistan's virtual asset license, and推进牌照与监管合作 in key markets such as the Middle East and Australia, continuously upgrading its anti-money laundering and anti-crypto crime systems to strengthen the compliance foundation of its global business.
Outlook for 2026: Focus on Core Trading Scenarios, Continuous Evolution in Steadiness
Standing at the starting point of a new cycle, Huobi HTX stated in the report that in 2026, it will continue to focus on the three core trading scenarios—spot, contract, and C2C—deepening product professionalism and user experience;同时拓展资金管理效率、强化安全与合规建设, and through HTX DAO, research, and investment systems, promote long-term ecosystem prosperity.
As Huobi HTX emphasized in the report—true growth comes from respect for time. In the rapidly changing crypto world, Huobi HTX is moving towards the next stage belonging to long-termists with a steadier pace.
About Huobi HTX
Huobi HTX was founded in 2013. After 12 years of development, it has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem encompassing digital asset trading, financial derivatives, research, investment, incubation, and other businesses.
Huobi HTX, as a leading global Web3 gateway, adheres to a development strategy of global expansion, ecological prosperity, wealth effect, and security and compliance, providing comprehensive, secure, and reliable value and services to virtual currency enthusiasts worldwide.
