TLDR:
- In a tremendous leap from previous years, HTX’s reported trading figures hit an impressive $2.4 trillion in 2024, while its user count swelled to an impressive 49 million.
- Among HTX’s highlights for 2024 were the 218 newly listed assets, 171 of which were debut listings, alongside a robust asset pool growing to $5 billion via a $1 billion net capital increase.
- HTX Ventures boldly navigated investments across cutting-edge fields like BTCFi, ZK-rollups, and AI, all while pursuing essential regulatory certifications in Europe, Dubai, and Bahrain.
- HTX continually upheld its commitment to transparency by ensuring towering reserve ratios of over 100% for eight valued assets through meticulous monthly evaluation.
- Spearing into the CIS markets, HTX secured an 11% market stronghold, placing third, and celebrated this success with 19 events and four esteemed industry accolades worldwide.
Established in 2013, the HTX cryptocurrency exchange made significant waves with its remarkable operational growth, comprehensively captured in their 2024 report. HTX enjoyed a striking $2.4 trillion trade volume in 2024, reflecting a remarkable year-on-year doubling. Through a significant boost of 3 million newcomers in 2024, HTX’s total user count impressively surpassed 49 million, with user assets flourishing to $5 billion—a solid 80% rise since early 2024.
HTX fueled its growth with dynamic user-centric initiatives like Launchpool, Trade to Earn, and Earn with Pending Orders, also rolling out Borrow & Earn and SmartEarn during their 11-year festivity.
Community engagement thrived through HTX’s DAO, prompting over 350,000 votes and introducing governance-led “Multiple Staking Rewards” to boost the $HTX token’s value.
The exchange data highlights over 720,000 $HTX token holders, with an extraordinary 110% boost in major holders who increased their holdings by 268%.
An impressive 218 cryptocurrency additions marked HTX’s 2024, with a notable 171 first-time listings, including promising entrants like WIF, BOME, ONDO, and ENA from various sectors.
218 New Listings
A significant highlight in HTX’s portfolio was the SUNDOG token, which, upon listing, saw a remarkable 37x value surge, prompting the platform to introduce the Crypto Gem Hunt initiative for eager users.
HTX advanced its regulatory pursuits with MiCA licenses in Europe, a FMP license via VARA in Dubai, alongside licensing initiatives in Bahrain for key market operations.
Demonstrating commitment to trust, HTX executed monthly Merkle Tree Proof of Reserves verifications, preserving solid reserve ratios exceeding 100% across a series of cryptocurrencies.
In 2024, HTX Ventures broadened its innovative backing with investments in 28 projects across sectors like BTCFi, ZK-rollups, modular infrastructures, AI, and partnered with Bankless and Figment.
Building its name in the industry, HTX partook in pioneering events like TOKEN2049 and Blockchain Life, notably conducting 19 branded events and securing four prestigious awards internationally.
HTX outlined strategic visions for 2025, focusing on amplifying exclusive listings, boosting security, supporting decentralized governance, and enhancing its sway, especially in the CIS sphere.
Future Plans
Aligning with predicted shifts in U.S. Federal Reserve rates and international regulatory landscapes, HTX stays dedicated to trade services, eyeing “Financial Freedom for 8 Billion People” as their north star.
Beyond just an exchange, HTX has evolved to support diverse blockchain enterprises, encompassing financial derivatives, research, investments, and incubation, positioning itself as a Web3 frontrunner.
Editor-in-Chief of Blockonomi and the visionary behind Kooc Media, a UK-based digital media powerhouse, committed to open-source tech, blockchain advancements, and universal digital fairness.