Huobi HTX listed NIL and POLYMARKET launched perpetual contracts and a contract trading competition.
Article
HTX HTX has launched NIL、POLYMARKET perpetual contracts
PANews September 24 reported that, according to an official announcement, HTX HTX has September 24 launched NIL/USDT、POLYMARKET/USDT perpetual contracts, supporting 1-20 x leveraged long and short positions. At the same time, from now until September 29 15: 00(UTC+8), HTX HTX has launched a new-token contract trading competition. Users who register, trade the contracts of participating tokens, and meet the specified thresholds will have the opportunity to share 1000000000 tokens from the$HTX total prize pool.
According to an official announcement quoted by PANews, HTX HTX has September 24 launched NIL/USDT and POLYMARKET/USDT perpetual contracts.
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The relevant contracts support 1 x leveraged long and short positions. 20 x leveraged long and short positions.
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September 24 x September 29 15: 00(UTC+8), HTX HTX has launched a new-token contract trading competition, with a prize pool of 1000000000 tokens$HTX。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Users can trade on Huobi HTX these two perpetual contracts and use 1 to 20 times leverage to go long or short; participants who reach the specified threshold will have the opportunity to share$HTX the prize pool.
Why it matters to readers
This expanded NIL and POLYMARKET derivatives trading channels, while also bringing new trading activities and leveraged trading scenarios.
This is a leveraged long-and-short contract activity; beginners should first confirm the trading rules, registration requirements, thresholds, and activity deadline.
Risks and unknowns
The evidence only states that the information came from an official announcement; the original official announcement was not provided.
The evidence does not specify the contract funding rate, open interest, trading volume, or specific liquidation rules.
“Having a chance to share in the pool” does not mean that all participants can receive $HTX rewards.
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Related concepts
Perpetual Contract
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.