PANews reported on August 19 that according to CryptoQuant data, the spot trading market for new tokens continued to heat up in 2025. Huobi HTX performed well, ranking first in the second tier of the industry with a cumulative trading volume of US$38 billion. Its daily trading volume accounted for 22%, and its market share increased significantly.

Overall, Binance still leads with a cumulative trading volume of $133 billion, accounting for 34% of the market share. Huobi HTX, Bybit, and MEXC follow closely behind with trading volumes of $38 billion, $35 billion, and $34 billion, respectively. Over the past month, the new token market has seen a peak daily trading volume of $1.6 billion.

This statistics covers major exchanges that have launched between 19 and 31 new tokens this year, including popular projects such as BIO, AIXBT, and CGPT. As new tokens become a key driver of trading volume and user activity, Huobi HTX, with its efficient listing process, deep liquidity, and community user base, is continuously consolidating its competitive advantage in the global exchange market and is expected to continue expanding its market share.