HTX Launches SunPump Round 2 Trading Competition With 10,000 USDT Prize Pool
HTX has launched Round 2 of the SunPump Ecosystem Trading Competition, running from 10:00 UTC on January 5 to 10:00 UTC on January 18, 2026. The event offers a total 10,000 USDT prize pool split evenly between spot (5,000 USDT) and futures (5,000 USDT) tracks, plus an additional 1,000 USDT allocation in $HTX tokens for qualifying first-time futures traders. Eligible spot tokens include TRX, SUN, BTT, JST, STEEM, WIN, NFT, SUNDOG and SUNCAT; eligible USDT-margined perpetual futures cover TRX, SUN, BTT, JST, STEEM, WIN and SUNDOG. Traders are ranked by trading volume; margin trading volumes for designated tokens count triple toward the spot leaderboard. The futures track features a leaderboard for high-volume traders and instant $HTX token rewards for new futures users who complete an eligible trade. HTX says the competition aims to boost liquidity and engagement within the SunPump ecosystem and deepen HTX’s collaboration with related projects. The announcement reiterates HTX’s positioning as a global Web3 gateway and includes standard disclaimers that the information is not trading advice.
Neutral
This announcement is primarily a promotional trading event designed to increase volume and liquidity for SunPump-related assets on HTX. Such competitions typically drive short-term trading activity—higher volumes, tighter spreads and temporary price moves for the eligible tokens—because participants trade to climb leaderboards and capture rewards. The triple-counting of margin volumes for spot rankings and instant $HTX rewards for first-time futures traders are incentives likely to boost participation quickly. However, the event does not introduce new fundamental developments (no protocol upgrades, partnerships with material on-chain changes, or tokenomics shifts). Therefore its longer-term impact on token valuations and market structure is limited. Historically, exchange-run volume incentives create transient bullish order flow and increased volatility during the event window, then revert afterward; examples include token listing trading competitions and liquidity mining campaigns which raised short-term volumes but rarely sustained price trends once incentives ended. For traders: expect increased short-term liquidity and volatility in TRX, SUN, BTT, JST, STEEM, WIN, SUNDOG (and related NFT/SUNCAT activity). Short-term strategies (scalping, range trading, front-running leaderboard behavior) may benefit. Longer-term positions should rely on fundamental catalysts beyond the competition. Monitor order book depth, funding rates on futures, and withdrawal flows during and after the event to gauge whether increased activity translates into sustained demand.