PANews reported on December 25th that Huobi HTX launched the SQD/USDT perpetual contract on December 25th, with a maximum leverage of 20x. Simultaneously, Huobi HTX launched an SQD contract trading party from 16:00 on December 25th to 16:00 on January 1st (UTC+8), with a total prize pool of $10,000.
During the event, users who complete registration and participate in SQD/USDT contract trading, with a cumulative effective trading volume of ≥10,000 USDT, can share the prize pool based on their trading volume ranking; new contract users who complete SQD/USDT contract trading will also receive exclusive benefits.


While Silicon Valley dominates Web2, emerging markets like the UAE and Singapore lead DePIN adoption with better regulations and real infrastructure needs. Opinion by: Yanal M. Hammouda, head of market expansion at WingbitThe decentralized physical infrastructure network (DePIN) sector saw $150 million of capital flow during Q1 2025, with a projected market size of $3.5 trillion by 2028. Yet the most significant development isn’t the capital raised but where these networks operate. Emerging markets like the Middle East, Southeast Asia and South America — rather than Silicon Valley — are driving the future of DePIN adoption. Read more
