PANews reported on October 31 that Huobi HTX launched the LAB/USDT perpetual contract on October 31, with a maximum leverage of 20x. Simultaneously, Huobi HTX launched a LAB contract trading party from 16:00 on October 31 to 16:00 on November 7 (UTC+8), with a total prize pool of $10,000.

During the event, users who complete registration and participate in LAB/USDT contract trading, with a cumulative effective trading volume of ≥10,000 USDT, can share the prize pool based on their trading volume ranking; new contract users who complete LAB/USDT contract trading will also receive exclusive benefits.