HTX: Negative Fees Target High-Frequency Stock Traders
HTX rolls out negative fee rates returning $105-$110 in tokens for every $100 spent on US stock perpetual contracts plus 80,000 USDT pool.
SourceAnalysis
HTX introduced negative fee rates on US stock perpetual contracts, returning $105-$110 worth of $HTX tokens for every $100 in fees paid, effectively subsidizing high-frequency trading activity.
The program forms part of TradFi contract mining round two and includes an 80,000 USDT prize pool, aimed at traders who accumulate substantial fee costs on stock-based derivatives.
On the 4h chart HTX trades at $0.0 inside its Bollinger Bands with the RSI(14) at 56.95 remaining neutral while the MACD registers a bullish golden cross; price therefore sits equidistant from the EMA50 and EMA200 both at $0.0, suggesting any volume surge from the fee rebate could test upper-band resistance before a measured pullback to the 50-EMA level.
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