TREE NEWS update: Huobi HTX launched USDEX/USDT, CEG/USDT and RLC/USDT perpetual contracts on October 10, offering 1x to 20x leverage for both longs and shorts. The exchange also opened a new-listing contract trading competition running until October 15 at 15:00 (UTC+8), with a total prize pool of 1 billion $HTX for users who register and hit specified trading thresholds.
Huobi HTX Lists USDEX, CEG, RLC Perpetual Contracts
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AI take
The listing itself is routine, but the bundled $HTX prize pool tied to trading thresholds is the tell: exchanges are using token incentives to manufacture liquidity in new perpetuals rather than waiting for organic demand. That matters most for traders in thinly traded names like these, where contract depth can vanish once the competition window closes. Whether volume in USDEX, CEG and RLC persists past October 15 is the open question.
Generated by AI for reference only.
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