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HashKey Global surpasses Coinbase International in Futures Open Interest and Ranking
Written by Written by AMBCrypto Team
Reviewed by Reviewed by AMBCrypto Team
Updated September 10, 2024
Press Release

HashKey Global is pleased to announce a significant milestone in its growth trajectory, as it surpasses Coinbase International in futures open interest, marking a crucial step towards becoming the world’s largest compliant futures exchange by Q4. Currently, HashKey Global’s futures open interest has surged to $32 million, placing it ahead of Coinbase International in global futures rankings on both CoinGecko and CoinMarketCap.

Asset Wealth Effect and Market Expansion

The platform has witnessed a remarkable asset wealth effect, with initial listings such as UXLINK and ATH experiencing price surges of over 120% shortly after their debut on Upbit, within just three months of listing on HashKey Global. This reflects the improving quality and expanding range of offerings on the platform. HashKey Global continues to enrich its futures and spot markets with new additions. Recent futures trading assets include AVAX, SOL, DOGE, WIF, NOT, SHIB, XRP, and PEPE, while new spot trading assets feature MAX, MEME, PENDLE, ONDO, ETHFI, PEPE, NOT, ORDER, and KLAY.

Strategic Collaborations and Ecosystem Development

The collaboration within the TON ecosystem has garnered significant attention, particularly with the Catizen airdrop gaining momentum. A joint airdrop initiative with Yescoin achieved over 220,000 global interactions, with the announcement reaching over 3.8 million impressions. Leading crypto media outlets have widely covered Catizen’s partnership with HashKey Group. Together, they launched a joint airdrop event featuring a prize pool of 2,000,000 HSK and 100,000,000 Fish Coins for Catizen users. HashKey Global is committed to deepening its involvement in the TON ecosystem, with plans to introduce and incubate more high-quality projects.

Innovation in Airdrop Processes and API Enhancements

In support of Overprotocol’s airdrop decisions, HashKey Global has pioneered advancements in anti-Sybil measures for exchanges. By leveraging advanced KYC capabilities, HashKey Global has optimized the airdrop process, ensuring participant authenticity and excluding high-risk users, enhancing fairness, security, and precision in resource allocation.

Furthermore, HashKey Global has enhanced the API client experience by integrating Hummingbot and CCXT, offering users improved strategy options and more efficient execution. Hummingbot automates strategies and strengthens algorithmic trading capabilities, while CCXT provides access to multiple exchange interfaces, increasing trading flexibility. These enhancements optimize the user experience, boost platform competitiveness, and cater to a wide range of user needs.

Data source: CoinGecko and CoinMarketCap rankings as of September 6th.

About HashKey Global

HashKey Global is one of the flagship global digital asset exchanges under HashKey Group, offering licensed digital asset trading services to users worldwide. HashKey Global has obtained a license from the Bermuda Monetary Authority with the potential to provide mainstream trading and service products such as LaunchPad, contracts, leverage, and staking.

For more details, please visit global.hashkey.com

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For media inquiries:

Luna Wang

Senior PR Manager

luna.wang@hashkey.com

Disclaimer: This is a paid post and should not be treated as news/advice.

 

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

AMBCrypto Team

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AMBCrypto Team is constituted by a vastly experienced team of professional journalists and analysts. Each one of us is driven to deliver the most important, the most insightful stories and analyses of the day. Whether you're a casual enthusiast or a trader or an investor, we make sure you get the most objective, accurate, and time-sensitive story at your fingertips.

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