Panama City, Panama, November 6th, 2025
In an environment characterized by increasing market volatility and uncertainty, professional traders and institutions are prioritizing the optimization of capital costs and the maximization of efficiency.
HTX, a prominent global exchange, is actively addressing these concerns through a significant upgrade to its Collateral Swap product (formerly Crypto Loans). The introduction of the Swap Voucher feature aims to equip users with enhanced tools to navigate market fluctuations and effectively minimize capital turnover costs.
The Swap Voucher functions by automatically offsetting borrowing interest. By intelligently integrating users' Prime Membership privileges with dynamic discounts, HTX facilitates a dual optimization of loan costs. This strategic enhancement provides users with a more efficient financial instrument and greater strategic flexibility, particularly during periods of market turbulence.
Industry-First Dual Discount Further Cuts Funding Costs
The Swap Voucher represents a novel, benefit-driven tool launched by HTX with the direct objective of reducing borrowing costs through the offsetting of interest on Collateral Swap orders. Distinct from conventional discounts, this voucher is designed for stacking alongside existing Prime Membership privileges. The system is engineered to automatically calculate the most advantageous combination of available discounts, thereby making borrowing more accessible and ensuring more stable fund utilization.
The process of utilizing this feature is streamlined into three straightforward steps:
- Viewing Vouchers: Users can locate their available Swap Vouchers within the Coupon section by visiting the HTX Official Website's Rewards Hub or the HTX App's My Rewards section.
- Applying Discount: When initiating a Collateral Swap order, the system will automatically present applicable vouchers. Users simply need to select one to apply the discount.
- Confirming Savings: Before submitting an order, users can review the Estimated Savings displayed in the fee details. Post-order placement, voucher usage can also be verified within the order details section.
The system is designed to automatically apply the optimal combination of the Prime Membership discount and the Swap Voucher, ensuring the lowest possible net interest payment for the user.
Three Key Scenarios Where Costs Are Instantly Reduced
The Swap Voucher is applicable to all assets and loan terms, directly addressing the critical pain points experienced by professional users.
- Miners' Capital Turnover: In response to fluctuating electricity costs and mining revenue, miners can utilize Collateral Swap for immediate liquidity. By leveraging the stacked dual discounts, interest expenses are substantially reduced, enabling miners to extend their asset holding periods.
- Market Maker Inventory Management: Market makers frequently need to adjust their positions to sustain trading depth. The direct reduction in borrowing costs provided by the voucher allows for more efficient inventory turnover, thereby enhancing quoting competitiveness and contributing to overall market liquidity.
- Quantitative Teams' Hedging Strategy: For quantitative teams that engage in frequent borrowing to execute hedging strategies, the dual discount mechanism introduces predictability and control over funding costs. This significantly improves strategy performance and overall capital efficiency.
As a global leader in digital asset trading, HTX remains steadfast in its commitment to a user-first, efficiency-driven product philosophy. The introduction of the Swap Voucher signifies a substantial advancement, moving beyond a mere feature upgrade to redefine the cost dynamics and efficiency of crypto borrowing. Moving forward, HTX intends to intensify its dedication to product innovation, delivering more intelligent, scenario-specific financial tools designed to empower users in navigating market volatility, capitalizing on alpha opportunities, and fully realizing the potential of their capital.
About HTX
Established in 2013, HTX (formerly Huobi) has expanded its operations from a virtual asset exchange to a comprehensive ecosystem encompassing various blockchain-related businesses. These include digital asset trading, financial derivatives, research, investments, incubation, and other related ventures.
Positioned as a leading global gateway to Web3, HTX possesses extensive global capabilities that enable it to provide users with secure and dependable services. In alignment with its growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to delivering high-quality services and value to virtual asset enthusiasts worldwide.