PANews reported on August 14 that according to the official announcement of Huobi HTX, Huobi Futures launched the Contract Hot Coin Peak Challenge event from 18:00 on August 13 to 18:00 on August 20 (UTC+8), covering the six most popular currencies SOL, DOGE, XRP, ADA, PEPE, and SUI, with a total prize pool of US$50,000.

During the promotion, registered users with cumulative contract trading volume of ≥ 10,000 USDT in any cryptocurrency will receive a share of the corresponding currency's independent prize pool based on their trading volume. Users who cumulatively trade at least three currencies, with a trading volume of ≥ 10,000 USDT per currency, will unlock additional prize pools. New contract users who complete designated tasks will also receive exclusive benefits such as Yubibao interest rate coupons and $HTX tokens.

In addition, users who complete KYC L1 certification and whose contract U-standard account balance is ≥ 100 USDT at the time of registration can receive free contract positions worth 1,200 USDT.