Huobi HTX Lists BEAT/USDT Perpetual with $10K Prize Pool
Huobi HTX has launched the BEAT/USDT perpetual contract with up to 20x leverage and kicked off a contract trading party featuring a $10,000 prize pool. From November 13 to November 20 (UTC+8), users who register and reach a cumulative BEAT/USDT trading volume of at least 10,000 USDT will share the reward pool based on their ranking. New contract users also receive exclusive incentives. This BEAT perpetual launch is designed to boost trading volume, enhance liquidity, and increase BEAT token visibility on Huobi HTX.
Bullish
The launch of the BEAT/USDT perpetual contract with up to 20x leverage and a $10,000 incentive pool is likely to drive significant trading activity. Huobi HTX’s marketing push and ranking rewards mirror past events where new futures listings boosted both token liquidity and short-term price momentum—for example, Binance Futures launches have historically led to volume spikes and positive price reactions. In the short term, traders may increase BEAT/USDT positions to compete for rewards, boosting volume and potentially driving BEAT’s price higher. Over the longer term, sustained liquidity and visibility on HTX could support BEAT’s market adoption, making this development bullish overall.