HT Operation Monthly Report (September 2021)
Dear Valued Users,
Thank you for your continuous support and trust in HT.
We have integrated HT-related information for September for your review.
I. Huobi Token Data and Events Calendar
1. Data of Huobi Token
In September 2021, Huobi Global burnt 3.00 million HT (about 38.881 million USDT), which is 11.60% higher than that in August. As of November 15, 2021, the number of burnt HT combined has reached 283.390 million.
The HT deflation rate of the month is 1.29%.
Calculation Function: HT deflation rate = (3.00 million HT burnt amount * (15%/20%)）/ previous period's total quantity in circulation 174.024 million HT
Aggregate HT Circulation Amount: 216,609,505 HT
Current HT Circulation Amount: 171,772,596 HT
HT holders growth in September: 3.50% higher than last month
Please refer HT burning scheme of Huobi Global to the following:
Transaction Hash: 0xf983f98d1be242fc0e4bc90b9a0d3bb18fbb639baecb9c9ced0742d4de8951af
2. Huobi Token Activities of September
The APY up to 438.36%, staking HT to participate in the Third and the Fourth Huobi PrimePool Events - New token mining
In September 2021, Huobi Global hosted the third and the fourth Primepool events. The users can join to share 5.94 million TALK (Talken) and 1.98 million STF (Structure) new token rewards by staking a certain amount of HT to Primepool. Nearly 76,347 users spanning 106 countries participated in the third and fourth Primepool events. The APY of HT mining is as high as 438.36%.
3. Institution Data
TokenInsight Research: HT reached $409.1 billion in trading volume
According to the data of the 2021 Huobi Exchange Token $HT Interim Report released by TokenInsight Research in September 2021, HT reached $409.1 billion in trading volume as of August 25, 2021.
(Note: The above data is independently published by third party research institutions, Huobi Global only quotes third-party data, and Huobi Global is not legally responsible for the third party data)
II Business Development at Huobi
1. Huobi 8th Anniversary, many events are coming up! Huobi is going to be doing something never done before this year! Something special for everyone!
2. In September 2021, Huobi Global listed NFT, DeFi, MEV, Fan, IoT, Social assets - RLY, TALK, AGLD, XPRT, DYDX, WOZX, EDEN, STF, SPA, GAL.
3. Huobi Global rolled out USDC deposit promotion: Between September 29 - October 5, users can win a share of a 130,000 USDC prize pool by depositing USDC (SOL Chain) and enjoy up to 50% APY on Huobi Earn.
4. Huobi Global rolled out TUSD Promotion: Between September 22 - October 5, users can win a share of a 330,000 TUSD prize pool by depositing TUSD and enjoy up to100% APY on Huobi Earn.
5. Huobi Derivatives Warrant launched on September 23.
6. Huobi Earn offers flexible deposit and fixed deposit of HT with 3.00% APY. During September, the users of Huobi Earn has gained a yield of 0.69 million USDT and got more than 4,000 USDT on HT deposit products.
7. By the end of September, Huobi USDT-based perpetual swap has supported 121 assets, of which 103 assets are supported with full position, 52 assets supported with token-based perpetual swap, 13 delivery contracts, covering popular track assets such as NFT, DeFi, Polkadot and storage.
III Media Coverage
1. The Wall Street Journal: Cryptocurrency Exchanges Curb Trading From China After Beijing’s Warning
On September 27, according to a report of The Wall Street Journal: Du Jun, a co-founder of Huobi, said in a statement that an unspecified portion of the exchange’s users are in mainland China, adding that the account closures would have a short-term impact on revenue. He added that nearly 70% of the group’s global business originates from other countries and that proportion is “steadily increasing.”
2. AMBCrypto: Huobi: From Prime to Primepool, HT holders ignite the market’s wealth effect
On September 20, according to a report of the AMBCrypto: The restart of Huobi Prime and the launch of Primepool have also introduced significant benefits to users while increasing the need for HTs. According to statistics, in the second quarter of this year, the number of HT holders increased by about 2%. These two events have become an important factor in the sustainability of HT.
HT will enthusiastically commence a strengthened focus towards the international community. All future announcements of our HT monthly report will be in English to adhere to more international readers. Thank you for your continued support!
Official Telegram Group:
Dear users, we'll see you next month.
October 15, 2021
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Huobi Global reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Reminder text here.