Huobi HTX: Negative Rates on US Stock Perpetuals

Huobi HTX rolled out negative funding rates on US stock perpetual contracts today, backed by an 80,000 USDT prize pool and direct trading subsidies under its TradFi contract mining program. Perpetual futures traders now receive payments instead of paying fees when holding positions, a direct incentive structure aimed at boosting volume in equity-linked crypto derivatives. The move aligns with broader demand for TradFi exposure on centralized platforms amid shifting macro conditions.