The group's business has exploded, and the price of HSK has exceeded 2 US dollars.
Data highlights
The price of HSK exceeded 2 USD in the first month, with the largest increase of 645%
December capital increase 72%
Contract open interest exceeds 50 million USD, setting a new record
Price performance of mainstream platform coins
HashKey Global Business Data
1 HSK "Golden Shovel" effect continues, and the annualized return on holding the currency reaches 116%
In December, 5 Launchpools were launched, including ZRC, IOTX, BLUE, MOCA, and SOON. Users can win target tokens by locking HSK or corresponding tokens, and the annualized return can reach up to 784%. Among them, the number of participants in MOCA Launchpool exceeded 10,000 for the first time. The first HSK Mega Launchpool is still earning income during the lock-up period, and the total prize pool size has exceeded 2 million US dollars.
Since the launch of HSK Mega Launchpool on November 28, if ordinary users hold 10,000 HSK and participate in each Launchpool activity, based on the current price, your cumulative earnings are approximately $1,811 when converted to the latest price, with an annualized return rate of up to 116%.
2 BTC Contract Depth Increases Over 100%, Trading Experience Continues to Improve
In December, we made significant progress in optimizing liquidity. As a key metric directly affecting user trading experience, the core depth of BTC contracts has increased more than doubled compared to the previous period. We are continuously optimizing market depth through various market maker activities, and it is expected that within the next month, core market depth will further double, aligning with mainstream contract trading platforms, providing users with a better trading environment.
Order placement earns fee subsidies; the -0.025% order fee promotion is ongoing.
To enhance the overall liquidity and activity of the trading market on the platform, HashKey Global has reduced the fee rates and trading volume requirements for each VIP level starting December 2, launching a -0.025% order fee promotion. Accounts with assets valued over $30,000 can immediately apply for fee subsidies, and market makers and trading users are welcome to apply.
Experience Upgrade: Fee Offset Function Launch
Starting December 20, HashKey Global users can use earned HSK to offset trading fees in spot trading, enjoying a 5% discount on fees. Simply enter the VIP level page or enable this feature through the [Personal Center] - [Exclusive Rates] page to easily start HSK fee offsets, further enhancing trading efficiency and cost advantages.
Experience Upgrade: Isolated Margin feature is coming soon.
HashKey Global plans to launch the Isolated Margin feature in early January, allowing users to adjust the margin mode to isolated or cross on the contract trading page, facilitating different trading strategies for different asset positions, providing a better trading experience for users.
3 BTC Hits New High Again, Popular Assets Continuously Launched
On December 17, BTC broke through $108,000, setting a new historical high. Subsequently, influenced by hawkish remarks from the Federal Reserve Chairman, market sentiment declined, and Bitcoin plunged over 15,000 points, with most cryptocurrencies falling accordingly. The market is still in a structural bull market, especially with strong buying for ETH spot ETFs, Desci, RWA, stablecoins, and AI Agent sectors rapidly developing, accumulating momentum for future price increases.
HashKey Global, responding to market changes, has launched multiple popular asset projects on the spot and contract platforms, meeting diverse trading needs. Among them, MOCA and MOVE assets have attracted significant attention from investors in terms of market heat and trading volume.
Added 9 new spot assets
4 HashKey Ecosystem Building in Progress: Constructing a Major Growth Pattern for 2025
Exchange Business
HashKey Group announced a partnership with Cinda International Asset Management to launch the first STBL project issued by a Hong Kong financial institution. HashKey Exchange serves as the first distributor of the liquidity note token STBL.
Public Chain Business
On December 10, HashKey Chain announced the launch of the $50 million Atlas Grant program, with the first phase prize pool being $10 million in HSK Tokens, helping developers build the HashKey ecosystem.
From December 20 to 22, the first Hackathon 'Taichu' of HashKey Chain was successfully held in Hong Kong. Dozens of teams proposed creative and cutting-edge solutions, fully demonstrating the technical strength and market insight of global developers, and establishing HashKey Chain's image of innovation and trust in the global developer community.
License Progress
HashKey Global has submitted a license application to the Dubai Virtual Assets Regulatory Authority (VARA)
HashKey is also advancing the preparation of exchange business under the MiCA regulatory framework.
Want to know HashKey Global's plans for HSK Token, liquidity enhancement, Travel Rule compliance, and other hot topics? Scan the QR code to follow HashKey Global VP Jenny's Twitter and watch our latest Christmas interview special! HashKey Global wishes everyone a happy holiday and good luck in the New Year!
HashKey Global
HashKey Global operates as a digital asset trading platform under an F-type license granted by HashKey Bermuda Limited by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation, or recommendation of any investment products. Investing and trading in virtual assets involves risks. HashKey Global does not provide services to users from Hong Kong, the United States, mainland China, and certain other jurisdictions to comply with laws and regulations. Certain services, features, and activities may not be available in your jurisdiction.
