Huobi HTX has made a significant move in the trading landscape by launching KGEN/USDT perpetual contracts on October 11, 2025. This new offering, which allows traders to leverage their positions up to 20 times, is part of the platform's ongoing strategy to enhance its trading products and engage users more effectively, as stated in the official source.
Launch of KGEN/USDT Contracts
The launch is accompanied by a trading party that features a $10,000 prize pool aimed at attracting both seasoned and novice traders. Justin Sun, an advisor at HTX, highlighted that this initiative is designed to draw experienced traders and boost the platform's competitiveness in the market.
Market Impact and Analyst Predictions
Market analysts anticipate that the introduction of KGEN/USDT contracts will lead to adjustments in asset portfolios, particularly among USDT pairs, as traders adapt to the new opportunities. Given Huobi's history of frequent product launches, this initiative is expected to generate increased interest and activity from both existing users and potential newcomers.
The Terra Classic community recently celebrated the inclusion of USTC in WLFI's treasury assets, a strategic move aimed at enhancing financial stability. This development contrasts with Huobi HTX's recent launch of KGEN/USDT perpetual contracts. For more details, see further information.
