Amidst the combined impact of global macroeconomic uncertainties and the crypto technology cycle, the crypto market in 2025 underwent a profound transformation from sentiment-driven to structurally reshaped. The market gradually moved away from short-term speculative logic and shifted towards a re-evaluation of security, liquidity, and long-term value. The core competitiveness of leading exchanges also shifted from short-term traffic to security, liquidity, and long-term service capabilities. Recently, Huobi HTX officially released its "2026 Opening Report," systematically reviewing its 2025 business performance, ecosystem development, and future strategy.
To read the full report, please visit: https://square.htx.com/zh/htx-2025-recap-2026-outlook-defining-the-next-growth-cycle-through-long-termism/
The report shows that Huobi HTX achieved steady growth in key indicators such as user scale, trading volume, and compliance progress in 2025. By the end of the year, the platform's cumulative global registered users exceeded 55 million, with 6 million new users added throughout the year; the annual cumulative trading volume was approximately US$3.3 trillion, a year-on-year increase of 39%, and net deposits reached US$608 million. The platform maintained a zero-security incident record throughout the year and was selected for Forbes' "2025 World's Most Trusted Crypto Exchanges" list.
Despite market volatility, Huobi HTX's spot trading business maintained steady growth. In 2025, the platform's cumulative spot trading volume exceeded 1.9 trillion USDT, representing a year-on-year increase of nearly 30%.
The report points out that intelligent trading tools are reshaping how users trade. Spot trading bots saw a 97% year-on-year increase in trading volume and a doubling of their accumulated funds. Specifically, stablecoin-related grid trading volume increased by 352% year-on-year, while mainstream coin grid trading volume increased by 122%. By reducing operational frequency through automated strategies, spot trading bots are gradually becoming an important tool for users to cope with volatile market conditions.
In terms of new asset listings, Huobi HTX launched 166 new cryptocurrencies in 2025. Its overall strategy has shifted from chasing short-term sentiment to making forward-looking judgments on the source of the narrative and the life cycle of the assets.
The report shows that the platform has repeatedly achieved a first-launch effect in sectors such as Meme, AI, and crypto financial infrastructure. Assets including Trump, Pippin, and M saw their prices increase dozens of times after their initial listing on Huobi HTX. Meanwhile, in the narrative of stablecoins and compliant finance, Huobi HTX was the first to list assets such as USD1, WLFI, and U, continuously strengthening its first-mover advantage in cutting-edge sectors. Through a more stringent selection mechanism and a continuous pace of new listings, Huobi HTX is gradually building its differentiated advantage as a "first-launch value platform."
In the derivatives sector, Huobi HTX's total contract trading volume reached $1.4 trillion for the year, representing a year-on-year increase of approximately 50%, with trading volume showing a month-on-month growth trend. Through the introduction of multiple top market makers and optimization of the trading structure, the depth and stability of core contract trading pairs such as BTC and ETH continued to improve. More than 120 contract function optimizations were completed throughout the year, covering high-frequency usage scenarios such as order placement logic, funding rate display, and risk control mechanisms.
At the product level, the contract grid has been upgraded to version 2.0, with monthly active users exceeding 30,000; the copy trading system has been upgraded to version 4.0, introducing intelligent copy trading and fund segregation mechanisms to further lower the barrier to entry for contract trading. In addition, the joint margin model supports multi-asset collaboration, and related trading volume now accounts for more than 60% of the total contract volume, significantly improving capital utilization efficiency.
Huobi HTX's over-the-counter (OTC) trading business continued to expand in 2025, consistently playing its role as a platform-level financial infrastructure. Throughout the year, OTC trading served a total of 3.93 million users, facilitating a transaction volume of approximately US$360 billion, supporting 74 fiat currencies and over 600 payment methods, covering 231 countries and regions.
Among them, the C2C Selection Station, as one of the most iconic innovations of the year, has led the upgrade of over-the-counter trading services in the industry. This zone, through its strict merchant access mechanism, end-to-end risk control system, and "100% full refund" guarantee, has maintained a zero-freeze record since its launch, setting a new industry standard in terms of security and transaction efficiency. Through its zero-fee policy and intelligent matching system, Huobi Selection Station, while ensuring compliance and user experience, has reshaped the trust mechanism of C2C trading, becoming an important example of service paradigm upgrades in the industry.
To cater to different risk appetites and funding scenarios, Huobi HTX continued to improve its fund management product matrix in 2025, including Earn, Leverage, and Margin Exchange (formerly Lending), gradually building a multi-layered fund solution covering stable value appreciation and efficient trading. Data shows that Huobi Earn served over 600,000 users throughout the year, covering more than 300 digital assets; Leverage and Margin Exchange saw simultaneous optimizations in asset richness, fund utilization efficiency, and risk control capabilities, becoming a crucial support for the platform's professional trading ecosystem.
As its product system continues to mature, Huobi HTX enhances user engagement and drives a positive cycle of trading activity through high-frequency, structured asset-related events. In 2025, the platform hosted over 300 asset-related events focusing on popular assets, core trading scenarios, and strategic gameplay, attracting over one million users. Among these, events such as Launchpool and the Peak Tournament significantly improved liquidity and trading depth while also enhancing user stickiness and community activity, serving as a link between assets, users, and the platform.
With the continuous improvement of its business scale and ecosystem activity, Huobi HTX has achieved breakthroughs in industry influence and brand credibility. In 2025, Huobi HTX was strongly selected for Forbes' "World's Most Trusted Crypto Exchanges" list and achieved a leap in the global comprehensive rankings of several mainstream data platforms; Global Advisor Justin Sun appeared on the cover of Forbes and won several industry awards; its global investment arm, HTX Ventures, also won several annual investment institution awards for its forward-looking layout in Web3 and the primary market. CoinDesk research report shows that as of November, Huobi HTX's market share grew by 2.06% in 2025, ranking first among the world's mainstream centralized exchanges.
By leveraging the synergistic effects of its fund management products, asset activities, and brand influence, Huobi HTX is building a comprehensive crypto asset platform that combines trading efficiency, user engagement, and a long-term foundation of trust, accumulating momentum for sustainable growth in future cycles.
Security and compliance have always been Huobi HTX's most important bottom-line capabilities. The report shows that Huobi HTX continued to strengthen its security and compliance capabilities in 2025. The platform released Merkle Tree reserve proofs monthly, and the reserve ratio of major assets consistently remained above 100%. Among these, the USDT reserve size grew by approximately 150% throughout the year, significantly improving user asset accumulation and trust.
In terms of compliance, Huobi HTX is steadily advancing its multi-regional license layout and has officially become one of the first two global digital asset platforms that meet the application requirements for a virtual asset license in Pakistan. It is also promoting licensing and regulatory cooperation in key markets such as the Middle East and Australia, continuously upgrading its anti-money laundering and anti-crypto crime system, and strengthening the compliance foundation of its global business.
Standing at the starting point of a new cycle, Huobi HTX stated in its report that in 2026 it will continue to focus on the three core trading scenarios of spot, futures, and C2C, deepening product specialization and user experience; at the same time, it will expand fund management efficiency, strengthen security and compliance construction, and promote the long-term prosperity of the ecosystem through HTX DAO, research and investment system.
As Huobi HTX emphasized in its report, true growth comes from respect for time. In the rapidly changing crypto world, Huobi HTX is moving towards the next stage for long-term thinkers at a more stable pace.
Founded in 2013, Huobi HTX has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem after 12 years of development, covering digital asset trading, financial derivatives, research, investment, incubation and other businesses.
Huobi HTX, as a leading global Web3 portal, adheres to the development strategy of global expansion, ecosystem prosperity, wealth effect, and security and compliance, providing comprehensive, safe and reliable value and services to virtual currency enthusiasts around the world.
For more information about Huobi HTX, please visit https://www.htx.com/ or HTX Square , and follow us on X , Telegram , and Discord . For further inquiries, please contact glo-media@htx-inc.com .


