HT Operation Monthly Report (May 2021)
Thank you for your continuous support and trust in HT. We have integrated HT-related information for May for your review.
I. Huobi Token Data and Events Calendar
1. Data of Huobi Token
In May 2021, Huobi Global burnt 5.826 million HT (about 138.579 million USDT), which is 32.91% higher than that in April. As of June 15th, 2021, the number of burnt HT combined has reached 271.556 million.
The HT deflation rate of the month is 2.36%. 【Calculation Function: HT inflation rate = (5.826 million HT burnt amount * (15%/20%)）/ previous period's total quantity in circulation 185.017 million HT】
Aggregate HT Circulation Amount: 228,443,000 HT
Current HT Circulation Amount: 180,647,000 HT
HT holders growth in May: 23 % higher than last month
Please refer HT burning scheme of Huobi Global to the following:
2. Huobi Token Campaigns of May
1) Huobi Global listed APENFT (NFT) through Huobi Prime on May 20th, 2021. Over 26,000 HT holders participated two Prime campaigns. According to the Prime campaign policy, Huobi Global has returned the HT transacted in the campaign to the users, which is equivalent to giving away the digital assets transacted in the campaign for free
2) May 24th, HECO global node election opened registration. Node candidates need to stake 5,000 HT until they withdraw from election or governance.The unlocking period is 15 days.
3. Institution Data
1) TokenInsight：Huobi reached $68.634 billion trading volume in 2021 Q1.
According to TokenInsight's 2021 Q1 Spot Market Research Report released on 18 May, Huobi reached approximately $68.634 billion in trading volume in Q1 2021, ranking first among exchanges with spot trading volume between US$50 billion and US$100 billion.
2) Beijing Chainsguard: Huobi asset inflows spike in early May
According to Beijing Chainsguard, the inflow of BTC, ETH, USDT to Huobi spiked in early May. (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、May 2021, Huobi Global listed 10 new assets - RLC、CTSI、LHB、SHIB、CSPR、ICP、LAT、O3、XCH、NFT, covering super computing, DeFi, publicchain, cross chain DEX, storage and NFT.
2、Huobi Global started an ICP trading campaign at 7:00 UTC on May 11. The campaign lasted 7 days and ended at 7:00 UTC on May 18th. ICP spot trading participants are eligible to split 30,000 HUSD reward according to ranking in terms of spot trading volume.
3、Between 5:00 UTC on May 14 and 13:00 UTC on May 21, participants of XCH spot trading at Huobi Global were eligible to split 30,000 HUSD reward according to ranking in terms of spot trading volume.
4、Huobi celebrated Pizza Day on May 22nd by sending pizzas to over 26 territories globally.
5、As of May 31st, Huobi USDT based perpetual swap supported 97 varieties of crypto assets. 71 full warehouse assets, 54 token based perpetual assets, 13 delivery, covering popular tracks including NFT, Layer2, DeFi, Polkadot and storage.
III Media Coverage
1、CNR：Huobi launched “Infinite Labs” helping blockchain cybersecurity governance.
2、China.com：Huobi charity awarded with "2021 Role Model of China Charity”
3、Odaily: Du Jun - The key to driving NFT into the mainstream is to address its asset attributes
Dear users, we'll see you next month.
June 15th, 2021