Huobi HTX Confirms New Perpetual Contracts for Various Assets

Huobi HTX did not launch YZY perpetual contracts; such activity is confirmed on the Hyperliquid platform as of August 2025.

The lack of Huobi HTX’s involvement in the YZY contract affects trader allocations and shifts focus towards Hyperliquid-driven transactions, reminiscent of past misreporting incidents.

Recent reports indicate Huobi HTX has launched new perpetual contracts. The listed assets include AIO, XNY, USELESS, OMNI, ESPORTS, and IN. However, YZY contracts are notably absent in Huobi’s recent announcements.

The primary actions involve launching these contracts to attract traders. The exchanges highlight significant prize pools and events to boost participation, contrasting the Hyperliquid platform where YZY contracts are traded.

Market Effects and Strategic Objectives

The launch has immediate effects on market dynamics, particularly enhancing trading activity for the specified assets. YZY remains primarily influenced by Hyperliquid, impacting its trading volume significantly due to platform exclusivity.

These shifts in trading focus at Huobi could potentially alter trading patterns, benefiting involved assets’ performance. The contrasting negligence towards YZY by Huobi supports differentiated strategic objectives with unique implications for asset stakeholders.

“Approximately 94% of YZY tokens are believed to be held by insiders, with 87% concentrated in a single multisig wallet prior to distribution across multiple addresses.” — Coinbase Executive, company not disclosed

Market Reactions

Interest around YZY’s concentrated distribution has sparked market reactions, mainly on Hyperliquid. The financial repercussions at Huobi involve consolidating market presence for listed assets.

Analyzing the historical success of Huobi’s events demonstrates potential for boosting asset appeal through new contracts. With strategic prize pools, Huobi seeks to retain trader engagement while Hyperliquid maintains YZY’s trading landscape.