The campaign spans 28 perpetual pairs across stocks, indices, commodities and precious metals, offering $HTX rewards that can turn trading fees negative and channeling event fee revenue into token buybacks.
Huobi HTX has launched the second phase of its TradFi trading mining campaign for Aug. 5-15, expanding the event to 28 designated perpetual contracts across stocks, indices, commodities and precious metals. Users who register and trade the eligible pairs can receive $HTX rewards based on actual trading fees and order type, with a 110% reward ratio for maker orders and 105% for taker orders, creating a negative-fee-rate structure. The exchange said the campaign carries a total prize pool of $80,000, with daily rewards of up to $8,000 equivalent in $HTX. It also said all fee revenue generated on the designated TradFi futures pairs during the event will be used for $HTX buybacks, with the repurchased tokens set to be burned in the quarterly $HTX burn. HTX said its first TradFi Trade to Earn campaign in July generated more than 63 million USDT in trading volume across selected pairs and distributed more than 23,000 USDT in rewards within 10 days.