Monthly Report Highlights of HashKey Global

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

Monthly Report Highlights of HashKey Global

In June 6th, 2024, HashKey Global released its May 2024 Monthly Report, revealing a substantial increase in daily trading volume, reaching $348 million, marking a 173% month-over-month rise. The first-phase yield rate of Launchpool stood impressively at 37.68%, creating a significant market impact.

Launchpool's Groundbreaking APR

The inaugural Launchpool astonished the market with a lucrative APR, attracting a user base of over 2,157 participants who locked assets on the opening day. The total pledged amount surged to $109 million, offering an APR of 37.68% during the initial settlement period. Notably, the highest individual earnings amounted to 6,500 ZK, establishing it as the most profitable launchpool in that month's market scenario.

Remarkable Trading Volume & KYC Verification Rate

HashKey Global encountered a remarkable 173% surge in its daily trading volume, reaching $348 million, accompanied by a cumulative asset balance of $105 million, escalating by 338% month-on-month.

In May, 2,763 participants engaged in mining activities, with 1,251 users surpassing a monthly trading volume of $5 million. The platform also registered a notable influx of 28,500 new users, with 12,810 fresh KYC applications submitted.

Insight into HashKey Global

HashKey Global, a leading global digital asset exchange within HashKey Group, delivers licensed digital asset trading services globally. Holding a license from the Bermuda Monetary Authority, HashKey Global is poised to offer mainstream trading and service products like LaunchPad, contracts, leverage, and staking.

For further information, users can explore HashKey Global's offerings at global.hashkey.com.

Disclaimer: HashKey Global adheres to local regulations and refrains from providing services to individuals in the United States, mainland China, Hong Kong, and specific restricted regions. The content provided is solely for informational purposes and should not be distributed or relied upon by individuals in Hong Kong. It does not signify an invitation to trade financial products or investment advice. Investing in digital assets carries inherent risks; investors should exercise caution and evaluate their suitability based on personal investment experience, objectives, financial status, and relevant conditions.

Contact

Senior PR Manager

Luna Wang

HashKey Global

luna.wang@hashkey.com

Disclaimer: This is a sponsored press release. CoinMarketCap does not provide recommendations on purchasing, selling, or holding cryptocurrencies. It is recommended to conduct thorough research and seek advice from financial advisors before making investment decisions.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Circle Raises $100 Million from Binance through Share Sale

Circle has raised $100 million by selling shares to Binance as part of a commercial agreement to promote USDC.

user avatarNguyen Van Long

Circle and Binance Extend Partnership with New Agreement

Circle and Binance have renewed their partnership with a new agreement that replaces previous contracts. This arrangement allows Binance to hold shares in Circle while promoting the USDC stablecoin on its platform.

user avatarSatoshi Nakamura

Coincheck Group Announces Leadership Change

Coincheck Group has confirmed the resignation of Executive Chairperson Takashi Oyagi, effective September 21, for personal reasons, and has approved a new leadership transition structure.

user avatarJesper Sørensen

MEXC Launches Initiatives to Enhance Access to Financial Markets

MEXC has launched several initiatives, including the Trade Wall Street, Without Walls campaign, to enhance access to traditional financial markets.

user avatarRajesh Kumar

MEXC Introduces Stock Trading Handbook for Crypto Traders

MEXC has launched the Stock Trading Handbook to assist crypto traders in transitioning to the stock market as part of its Opportunity Compass initiative.

user avatarLucas Weissmann

KalshiEX Seeks Approval for Perpetual Security Futures

KalshiEX has filed a proposal with the SEC to introduce perpetual security futures linked to 58 stocks and ETFs.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.