HTX has been rated AA and tied for fourth place in terms of liquidity among 43 mainstream centralized exchanges, according to Kaiko's Q2 2024 report on exchange liquidity. With an average trading volume of $60.5 billion, HTX's high ranking underscores its commitment to security, regulatory compliance, and a user-friendly trading experience.
The Kaiko report analyzed exchange liquidity using five key metrics: trading volume, trading volume contribution, market depth (+/-1), coefficient of variation (CV) dispersion, and market quality. In response, HTX emphasized its focus on expanding its global footprint while maintaining high standards for security and regulatory compliance.
HTX has achieved notable results in the first half of 2024. The platform upholds a "user-first" principle when listing new cryptocurrencies, identifying quality assets across various sectors, including Meme, AI, public blockchains, and Layer 2 technologies. In Q1 2024 alone, HTX introduced 59 new cryptocurrencies, nearly half of which experienced price surges exceeding 1,000%. The top performer was WIF, a Meme project from the Solana blockchain, which saw a staggering 12,039% price increase.
As of June 1, 2024, HTX completed 20 asset audits. The latest Merkle tree-based proof of reserves data showed 100% for USDT, 100% for BTC, 101% for ETH, 105% for HTX, and 105% for TRX. This data includes stUSDT and stETH, further validating HTX's commitment to transparency and security.
Another significant development is the establishment of the HTX DAO People Committee. Formed just over a month ago, this committee aims to drive HTX's transition toward greater decentralization and democratic autonomy. It has quickly become a pivotal force within the community, championing long-term community interests.
Justin Sun, a member of the HTX Global Advisory Board, highlighted HTX's exceptional performance in listing new assets, noting that cryptocurrencies with 10x potential price increases appear on the platform weekly. He also pointed out continuous net capital inflows and over 100% profitability growth, leading to buyback initiatives.
Looking ahead, HTX aims to become synonymous with quality assets. The platform will maintain stringent criteria for listing new assets, overseen by a highly proficient project screening team, including experts like Justin Sun. Additionally, HTX is committed to product optimization based on user feedback, enhancing market depth, and ensuring safety and security. Collaborations with international security firms and a commitment to 100% fund protection are key components of this strategy.
HTX's business representative and senior investment analyst, @HTX_liuyego, emphasized that the Kaiko report serves as a well-deserved accolade, boosting the platform's confidence and fostering reverence within the team. He outlined HTX's future focus areas: listing high-quality assets, optimizing products, enhancing market depth, and prioritizing security.
HTX has weathered nearly 11 years in the crypto market, evolving beyond a trading platform into a legend embodying the dreams and memories of countless investors. The platform believes in long-term development and contribution, aiming to drive the evolution of cryptocurrencies and blockchain technology. HTX's commitment to creating value for users and ushering in a more open, inclusive, and vibrant era of crypto is unwavering.
