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HTX, a global cryptocurrency exchange formerly known as Huobi, reported strong performance in July with increases in trading volume, new user registrations and asset listings.
According to CoinGecko’s Q2 exchange report, HTX ranked first among global exchanges for trading volume growth. A separate report from CoinDesk highlighted that the exchange achieved the second-largest year-to-date market share increase, behind only Binance.
HTX said new user registrations grew by 45% in July, while trading volume rose 33% month-on-month. The platform attributed the performance to organic traffic growth and stronger positioning in independent industry rankings.
During the month, HTX listed 12 new assets across sectors including artificial intelligence, meme tokens and layer 1 projects. Among these, token M recorded peak gains of up to 25 times following its listing. ANI, an AI-related token, rose as much as 426%, while additional listings such as BLUM and COOKIE broadened the exchange’s coverage of high-growth sectors.
On the operational side, HTX ran targeted trading campaigns centred on stablecoins USD1, USDC and USDD, which generated more than $400 million in spot trading volume. The exchange also launched its 12th-Anniversary Carnival, running until 12 September, offering users rewards including trading fee rebates, token airdrops and prize draws.
HTX said its marketing activity in Turkey during Istanbul Blockchain Week reached more than 48 million impressions, with registrations and deposits at two-week highs. Partnerships were established with firms including 0G Labs, 100xLabs and Castrum Capital.
In terms of research output, HTX Research published the first part of its report “The New Stablecoin Order: Restructuring Global Payments, Regulatory Legitimisation, and the Capital War”, offering analysis on stablecoin trends.
The exchange also rolled out version 11.0 of its app, redesigning interfaces for the homepage, assets and trading pages. Click-through rates on the homepage increased by 24% following the update.
The company’s decentralised governance initiative, HTX DAO, released an updated whitepaper outlining its plan to evolve from a centralised exchange to a “Freeport of Finance” model, with stronger emphasis on community-driven decision-making.
HTX emphasised its focus on security and transparency, noting that it has published Merkle Tree Proof of Reserves for 34 consecutive months. As of 1 August 2025, all reserve ratios were at or above 100%.
Founded in 2013, HTX has expanded from a virtual asset exchange into a broader blockchain ecosystem covering digital asset trading, derivatives, research, investments and incubation.
