DRAFT - Licensed exchange HashKey Global December monthly report

Reprinted from chaincatcher
12/27/2024·5MThe group 's business has fully exploded, and the price of HSK has exceeded 2 US dollars.
Data Highlights
- The price of HSK exceeded US$2 in the first month, with the largest increase of 645%
- Assets rose 72% in December
- Contract holdings exceeded $50 million, a new high
Price performance of mainstream platform coins
HashKey Global business data
**1 HSK’s “golden shovel” effect continues, and the annualized return on
currency holdings reaches 116%**
A total of 5 Launchpool issues were launched in December, including ZRC, IOTX, BLUE, MOCA, and SOON. Users can win target tokens by locking HSK or corresponding tokens, and the annual income can reach up to 784%. Among them, the number of participants in MOCA Launchpool exceeded 10,000 for the first time. The first phase of HSK Mega Launchpool is still earning income during the lock-up period, and the total prize pool size has exceeded US$2 million.
Since the opening of the HSK Mega Launchpool on November 28, if an ordinary user holds 10,000 HSK and participates in every Launchpool activity, based on the current price, your cumulative income will be approximately 1,811 USD after converting to the latest price, and the annualized rate of return is as high as 116%.
**2 BTC contract depth increased by more than 100%, and the trading
experience continues to be optimized**
In December, we made significant progress in optimizing liquidity. As a key indicator that directly affects user trading experience, the core market depth of BTC contracts has more than doubled month-on-month. We are continuing to optimize the market depth through a number of market maker activities. It is expected that in the next month, the core market depth will further double and be on par with the market's mainstream contract trading platforms, providing users with better transactions. environment.
Place an order to get a handling fee subsidy, and the -0.025% order fee rate activity is ongoing.
In order to improve the liquidity and activity of the platform's overall trading market, HashKey Global will lower the fees and transaction volume requirements for each VIP level on the platform starting from December 2, and launch a -0.025% pending order fee rate activity. If the account asset value is greater than 30,000 US dollars, you can apply for rate subsidies immediately. Market makers and trading users are welcome to apply.
Experience upgrade: the function of deducting handling fees is online
Starting from December 20, HashKey Global can use the obtained HSK to deduct handling fees during spot transactions, and can enjoy a 50% discount on handling fees. Simply enter the VIP level page or enable this function through the [Personal Center] - [Exclusive Rate] page to easily enable HSK fee deduction, further improving transaction efficiency and cost advantages.
Experience upgrade: The isolated position function will be launched soon
HashKey Global plans to launch the isolated margin function in early January. Users can adjust the margin mode to isolated margin or cross margin mode on the contract trading page, which will facilitate users to implement different trading strategies for positions of different assets and provide users with a better trading experience.
**3 BTC breaks new highs again, popular assets continue to reach new
levels**
On December 17, BTC exceeded $108,000, reaching a record high. Subsequently, affected by the hawkish remarks of the Chairman of the Federal Reserve, the market's positive sentiment declined. Bitcoin plunged more than 15,000 points, and most currencies fell accordingly. The current market is still in a structural bull market, especially the buying of ETH spot ETFs is strong. Desci, RWA, stablecoins, AI Agent and other tracks are developing rapidly, accumulating momentum for the market outlook.
HashKey Global complies with market changes, and has launched multiple popular asset projects on its spot and contract platforms for the first time to meet diverse trading needs. Among them, two assets, MOCA and MOVE, have attracted much attention from investors in terms of market popularity and trading volume.
9 new spot assets added
**4 HashKey’s ecological construction is underway to build a 2025 growth
pattern**
Exchange business
HashKey Group announced a cooperation 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 liquid note token STBL.
Public chain business
On December 10, HashKey Chain announced the launch of the Atlas Grant program with a US$50 million fund. The first phase of the bonus pool is US$10 million HSK Token to help developers build the HashKey ecosystem.
From December 20th to 22nd, HashKey Chain’s first hackathon “Taichu” was successfully held in Hong Kong. Dozens of teams have proposed creative and cutting-edge solutions, fully demonstrating the technical strength and market observation of global developers, and allowing HashKey Chain to establish an image of innovation and trust in the global developer community.
License progress
- HashKey Global has submitted a license application to the Dubai Virtual Asset Regulatory Authority (VARA)
- HashKey is also promoting exchange business preparations under the MiCA regulatory framework.
Want to know HashKey Global’s answers to hot issues such as HSK Token planning, liquidity improvement, Travel Rule compliance, etc.? 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 is a digital asset trading platform operated by HashKey Bermuda Limited under a Class F license granted by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation or recommendation for any investment product. Investing in and trading 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.