HTX Achieves Top 4 Exchange Ranking by Liquidity, Aiming for Quality Asset Leadership

HTX has been recognized as one of the top four cryptocurrency exchanges by liquidity, according to Kaiko's Q2 2024 report on exchange liquidity. Among 43 mainstream centralized exchanges tracked in the report, HTX earned an AA rating, tying for fourth place with an average trading volume of $60.5 billion.

The Kaiko report assessed exchange liquidity through five key metrics: trading volume, trading volume contribution, market depth (+/-1), coefficient of variation (CV) dispersion, and market quality. HTX has expressed its commitment to maintaining high standards of security and regulatory compliance while expanding its global reach. The platform aims to provide a comprehensive, safe, and user-friendly crypto trading experience for its growing customer base worldwide.

In the first half of 2024, HTX achieved notable milestones. Adhering to its "user-first" principle, HTX listed 59 new cryptocurrencies, nearly half of which saw price surges exceeding 1,000%. Leading the gainers was WIF, a Meme project from the Solana blockchain, with a staggering 12,039% price increase.

As of June 1, 2024, HTX completed 20 asset audits, revealing robust proof of reserves. The latest Merkle tree-based data shows 100% reserves for USDT and BTC, 101% for ETH, and 105% for both HTX and TRX. This data includes stUSDT and stETH.

The establishment of the HTX DAO People Committee has also attracted significant attention. Formed just over a month ago, the committee is seen as a crucial driver in HTX's move towards greater decentralization and democratic autonomy, aiming to represent community interests effectively.

Justin Sun, a member of the HTX Global Advisory Board, highlighted on social media that HTX has consistently listed new assets with 10x potential price increases. The exchange has experienced continuous net capital inflows over the past six months, indicating strong user satisfaction. Additionally, HTX's profitability has soared by over 100%, leading to buyback initiatives.

HTX's future strategy focuses on listing high-quality assets, optimizing products, enhancing market depth, and prioritizing safety and security. The platform has improved user experience by addressing issues like the cumbersome withdrawal process and simplifying platform events. Collaborations with international security firm FearOff and a commitment to 100% fund protection underscore HTX's dedication to user safety.

@HTX_liuyego, a business representative and senior investment analyst at HTX, emphasized that the Kaiko report is a testament to HTX's resilience and future potential. The platform aims to be synonymous with high-quality digital assets, maintaining stringent listing criteria overseen by a proficient screening team.

HTX has been a pivotal player in the cryptocurrency exchange industry for nearly 11 years. Beyond being a trading platform, it has become a symbol of the crypto market's evolution. HTX believes that long-term development and contribution are more valuable than short-term price fluctuations. The platform plans to continue its collaborations with global partners to advance cryptocurrencies and blockchain technology, fostering a more open and inclusive crypto era.

Founded in 2013, HTX has evolved into a comprehensive blockchain business ecosystem, offering services ranging from digital asset trading to financial derivatives, wallets, research, investments, and more. As a leading gateway to Web 3.0, HTX remains committed to global expansion, ecological prosperity, and safety and compliance, providing reliable services to virtual currency enthusiasts worldwide.

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