PANews reported on January 22 that, according to an official announcement, Huobi HTX launched USDT-margined perpetual contract trading for tokenized gold (PAXG) and XAUT, as well as tokenized silver (XAG), on January 22, with a maximum leverage of 20x. Simultaneously, Huobi HTX launched a special "Gold and Silver New High Sprint Battle" event from 19:00 on January 22 to 19:00 on January 29 (UTC+8), with a total prize pool of $88,888.

During the event, users who complete registration and participate in PAXG/USDT, XAUT/USDT, and XAG/USDT contract trading, with a cumulative valid trading volume of ≥5,000 USDT, can participate in a prize-winning quiz with a 100% chance of winning. Participants will share the prize pool based on their trading volume ranking. Completing designated friend invitation tasks will also earn additional rewards.