TechFlow news, August 19: According to CryptoQuant data, the 2025 new token spot trading market continues to heat up. Huobi HTX has performed exceptionally well, ranking first among the second-tier exchanges with a cumulative trading volume of $38 billion, accounting for 22% of daily trading volume and significantly increasing its market share.
Overall, Binance still leads with a cumulative trading volume of $133 billion, holding 34% of the market share. Huobi HTX, Bybit, and MEXC follow closely, with trading volumes of $38 billion, $35 billion, and $34 billion respectively, forming the second tier. Over the past month, the new token market reached a record high of $1.6 billion in single-day trading volume.
This analysis covers major exchanges that have launched between 19 and 31 new tokens this year, including popular projects such as BIO, AIXBT, and CGPT. As new tokens gradually become a key driver for trading volume and user engagement, Huobi HTX is continuously strengthening its competitive advantage in the global trading market through efficient token listing processes, deep liquidity, and a solid community base, positioning itself to further expand its market share in the future.
