On October 10, Huobi HTX announced the official launch of the USDD currency in its joint contract margin model and Yubibao, and simultaneously launched a triple limited-time welfare event to bring users a more efficient asset utilization experience and generous rewards.
Triple benefits, fully empowering USDD users
The announcement shows that from 12:00 on October 11th to 12:00 on October 21st (UTC+8), users who click " Register Now " on the event page, open a USDD Yubibao account and switch to the joint margin mode will enjoy triple benefits:
USDD Yubibao offers a limited-time 10% annualized return : During the event, registered users who open a USDD Yubibao account can receive a 10% annualized return, with interest paid out in the form of interest points on T+1 day.
2% Cashback on Futures Account Transfers : Transfer USDD to your U-margin futures account with a net transfer amount ≥ 100 USDD to receive a 2% cashback. The total reward pool is 20,000 USDD and is available on a first-come, first-served basis. A single user can receive up to 200 USDD.
Climb the trading leaderboard and share a 30,000 USDD bonus : During the promotion, traders using the joint margin model who meet the following criteria: a daily average snapshot balance of USDD in their U-margin contract account ≥ 100 USDD and a cumulative contract trading volume ≥ 10,000 USDT will be awarded a share of 30,000 USDD based on their ranking and trading volume, with a maximum individual reward of 3,000 USDD.
USDD (official social media channel: https://link3.to/usdd ) is a decentralized stablecoin deployed on TRON and Ethereum. It boasts security, transparency, and stability, utilizing secure liquidation, dynamic collateral adjustments, and an advanced risk management system to maintain a 1:1 peg to the US dollar. Since its upgrade to USDD 2.0 this year, it has achieved seamless integration with decentralized finance (DeFi) while introducing efficient liquidation processes, collateral auctions, and a stablecoin swap tool (PSM) to maintain market stability. The USDD 2.0 ecosystem focuses on long-term development, empowering users and protecting protocol security through real-time monitoring and community-led decision-making.
Easier operation: Yubibao and joint margin are enabled with one click, enabling efficient asset transfer
Huobi HTX's joint margin model allows users to use multiple tokens as margin for USDT-margined contracts in a cross margin mode. This allows users to fully activate their idle assets and improve overall capital utilization.
Yubibao automatically calculates returns by taking a snapshot of the contract account assets. While users have Yubibao enabled, they can still transfer or trade at any time without any restrictions.
To enable the joint margin feature, users simply switch to asset mode on the contract page. Similarly, to activate Yubibao, simply navigate to the Yubibao page in the contract asset section on the app, or select Yubibao from the contract section on the web and click "One-Click Enable." The feature is intuitive and convenient.
With the integration of USDD into contract margin and Yubibao, Huobi HTX not only further enriches users' asset allocation methods but also expands diverse trading and financial scenarios. Going forward, Huobi HTX will continue to optimize the user experience and accelerate the launch of more innovative financial tools to help users achieve efficient asset growth.
About Huobi HTX
Huobi HTX was founded in 2013. After 12 years of development, it has grown from a cryptocurrency exchange into a comprehensive blockchain business ecosystem covering digital asset trading, financial derivatives, research, investment, incubation and other businesses.
As the world's leading Web3 portal, Huobi HTX adheres to the development strategy of global expansion, ecological prosperity, wealth effect, and security and compliance, providing comprehensive, safe and reliable value and services to global virtual currency enthusiasts.
For more information about Huobi HTX, please visit https://www.htx.com/ or HTX Square , and follow us on X , Telegram , and Discord . For further inquiries, please contact glo-media@htx-inc.com .
