Recently, the newly listed assets on HTX have performed brilliantly, especially $TREE (Treehouse), which quickly rose to the platform's hot list after its listing on July 29, with a first-day surge of up to 6 times, sparking market attention and discussion.
On August 7, Jasper, head of HTX's asset department, was invited to attend the third episode of "HTX Executive Face-to-Face", where he detailed responses to questions from X, community, and HTX DAO committee members regarding HTX's new asset screening mechanism and key indicators of "long-term bull potential" assets.
New Asset Screening Mechanism: Rigorous Assessment to Capture High-Quality Potential Stocks
To capture potential high-quality assets as much as possible, HTX has established a sound research and evaluation system.
According to Jasper, for projects already listed on exchanges, HTX will focus on their subsequent development and assess whether the project is continuously advancing; for projects that have not yet issued tokens, they will comprehensively reference multiple key on-chain indicators during the evaluation process, including holding distribution, on-chain activity, whether smart contracts have vulnerabilities or backdoor risks, and the reasonableness of project valuation, to ensure selected projects have good potential and safety.
"HTX will track and lock potential projects that may issue tokens up to a year in advance and determine their listing qualifications through two to three rounds of in-depth assessment. Dimensions include project team background, investment institutions, track, anti-money laundering, KYC, contract security, actual operational progress, related traffic data, product overview, community heat, social media reputation, economic model, chip distribution, whether on-chain data is authentic, etc. We also leverage platforms like RootData, glassnode, and CertiK to verify on-chain data and contract security, ensuring data accuracy and comprehensiveness."
Jasper emphasized that the key to judging a project's "long-term bull" potential lies in its track's rigid demand attributes. For example, projects like AAVE, UNI, LINK, and TRX related to DeFi and infrastructure truly meet core industry needs and have stable revenue and profitability, thus being viewed as rigid demand products with optimistic long-term performance. Conversely, projects relying on packaged concepts, false data, or pseudo-demand hype will be promptly identified and filtered out by HTX's assessment system.
Jasper noted that such rigorous screening ensures over 90% of key projects are not missed. Even so, for projects with extremely high market heat but unsatisfactory overall valuation and market feedback, such as "PUMP" assets, HTX will resolutely refuse to list, as this is essentially a gamble - preferring to miss out rather than blindly chase high. "Since this year, HTX has successfully avoided at least three thundering projects, fully proving the reliability of this assessment system."
Exploring Asset Observation and Innovative Segmentation to Support Community Participation and Transparent Investment
To enhance community participation and information transparency, HTX is actively exploring innovative mechanisms like "asset observation lists" and "trial operation zones".
Jasper revealed that the HTX DAO-initiated token recommendation voting is essentially an observation area where DAO community members can recommend and review potential projects, becoming an important supplement to the official screening process. Meanwhile, HTX opened an innovation zone in the second quarter of this year, specifically for displaying early-stage projects or meme coins with lower certainty and higher volatility; the main zone is reserved for more mature and high-quality assets, helping users choose between different risk preferences.
During the livestream, Jasper candidly admitted that no exchange can guarantee outstanding performance for every listed project, not even top platforms like Binance or Upbit.
"An exchange is merely a venue for asset circulation, only collecting reasonable transaction fees without controlling token price fluctuations. Token price changes are influenced by multiple factors including project team strength, market-making strategies, economic models, market sentiment, community heat, overall market trends, and valuation reasonableness. Investors must conduct thorough research, make rational judgments, and take responsibility for their own decisions."
