Huobi DM Sees Continued Growth In Q1, Hits USD $50 Billion In Trading Volume

20% of the income generated by Huobi DM goes to buy back Huobi Token (HT), Huobi’s native token. 

In yet another sign of robust growth, Huobi Group’s crypto asset trading service, Huobi Derivative Market (Huobi DM), saw its cumulative trading volume soar past USD$50 billion since its launch from beta version in December.

“The desire to go both long and short in a volatile market has certainly helped fuel our growth but so has Huobi DM’s ever-expanding list of contract types, the fact that we’ve managed to keep a record of zero clawbacks since launch, and, of course, the continued support and loyalty of both retail and institutional traders – especially market makers,” said Livio Weng, CEO of Huobi Global.

Thanks to its sophisticated risk management practices, Huobi DM hasn’t issued a single clawback for the length of its operation. In addition, as part of its ongoing efforts to ensure that Huobi DM remains the best platform of its kind, the Huobi DM team is continuously upgrading and expanding the platform’s functionality. Among other improvements slated for Q1 and Q2 of 2019, for example, will be  trigger order functionality, which will allow users to automatically open and close trades when certain market conditions are met, and websocket functionality, which is a bonus feature for API traders.

Huobi DM allows users the ability to take long and short positions on Bitcoin (BTC), Ethereum (ETH), EOS (EOS), and Litecoin (LTC), with Ripple (XRP) to be added soon, providing options for arbitrage, speculation, and hedging.

20% of the income generated by Huobi DM goes to buy back Huobi Token (HT), Huobi’s native token.

Huobi DM sets itself apart via a number of design features and policies, including:

  • Superior risk management: including Price Limit, Order Limit, and Position Limit.
  • Superior risk control: with sophisticated price limit mechanism, no claw back has occurred since its launch.
  • Real-time risk supervision: constantly monitor contract prices, index prices, abnormal transactions, and positions.
  • Newly raised open position limits for all crypto contracts to up to twice their previous level
  • User protections: In addition to a 20,000 BTC Huobi Security Fund to protect users against catastrophic security failures, Huobi also has a dedicated Risk Management Insurance Fund for each trading pair against unfilled liquidation order losses. Funding for the insurance funds recently increased to 71.2 BTC, 1,489.7 ETH, and 48,055 EOS. 

A timeline of Huobi DM’s growth:

  • November 21: Huobi DM launches in beta mode with BTC contract trading
  • December 5: Huobi DM launches ETH contract trading
  • December 10: Huobi DM exits beta mode and is integrated with Huobi Global, Huobi’s flagship cryptocurrency exchange. Huobi DM’s daily trading volume reaches USD $195 million for the first time
  • December 25: Huobi DM’s 24-hour trading volume breaks through USD $1 billion for the first time
  • December 28: Huobi DM launches EOS contract trading and reaches USD $10 billion in cumulative trading volume
  • December 31: Huobi DM’s first month cumulative trading volume reaches USD $12 billion
  • January 12: Huobi DM’s total cumulative trading volume breaks through USD $20 billion 
  • March 6: Huobi DM’s total cumulative trading volume breaks through USD $50 billion 

Disclaimers: Digital assets are innovative trading products, and prices fluctuate greatly. Please rationally judge your trading ability and make decisions prudently. Please note that users must clear the requisite KYC checks and assessments prior to commencing usage of Huobi DM. Huobi DM is not available to users from the United States of America, Singapore, Israel, Iraq, Hong Kong (China), Cuba, Iran, North Korea, Sudan, Malaysia, Syria, Samoa Eastern, Puerto Rico, Guam, Bangladesh, Ecuador, and Kyrgyzstan.

For more information on Huobi DM, please visit

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