HTX introduces US equity ETF perpetual contracts with 20,000 USDT prize event

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HTX launches QQQ and SPY perpetuals

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Ashutosh Sureka

09.08.2026

HTX introduces US equity ETF perpetual contracts with 20,000 USDT prize event — HTX launches QQQ and SPY perpetuals

HTX announced the launch of USDT‑denominated perpetual contracts for the US equity ETFs QQQ and SPY, with trading available in both long and short directions and leverage between 1× and 10×. The announcement also mentions a related trading event with a 20,000 USDT prize pool and upcoming discussions on these new products.

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HTX has launched USDT-denominated perpetual contracts for the US equity ETFs QQQ and SPY, providing users with the ability to trade both long and short with leverage ranging from 1× to 10×. The platform also introduced a related event featuring a 20,000 USDT prize pool for participants trading these contracts, though details regarding eligibility criteria, duration, and distribution of rewards were not specified in the announcement. Documentation linked in the announcement covers aspects such as adjustment coefficients, fee schedules, and risk management protocols, with HTX noting that trading parameters may be updated according to market conditions. The company indicated plans to expand its perpetual contract offerings further and included standard warnings about the risks and volatility associated with trading virtual asset derivatives.

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How to participate

To join the promotion, users need to trade the newly launched QQQ/USDT or SPY/USDT perpetual contracts on HTX. Participation in this contract trading event grants access to a 20,000 USDT prize pool, with rewards likely based on trading activity. Further details, including any specific requirements and updates, are available via the official sign-up link.

HTX (Huobi) is a global cryptocurrency exchange founded in China and now headquartered in Seychelles, offering access to approximately 300 currency pairs and cross rates. The platform provides a minimum trade level of US$1 and is integrated for clients worldwide, but it does not offer a demo account, educational resources, or segregated client accounts, and it operates without regulatory licensing. For additional details, visit the broker profile on Traders Union: broker profile on Traders Union.

For additional context, see our earlier news about HTX’s TradFi Trade to Earn event and its rewards program for perpetual futures trading in the previous HTX update on Traders Union.

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