What is the current price of Huobi?
The current price of Huobi is $0.1350 with a 0.90% change in the last 24 hours.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
HT is the original exchange token of Huobi, the trading platform that rebranded to HTX in September 2023. It launched in January 2018 as a fee discount and loyalty instrument, and for several years it was the asset a Huobi user held to pay lower trading fees and reach higher membership tiers.
That is no longer what HT is. In 2024 the exchange introduced a separate governance token, HTX, and moved the platform benefits to it. HT is best understood today as a legacy ERC-20 token: a fixed, unchangeable 500,000,000 unit supply on Ethereum whose issuer has redirected its utility elsewhere, and a large share of which now sits at an address nobody can spend from.
Official sources:
Huobi was founded in China in 2013 by Leon Li. After the 2017 Chinese regulatory tightening cut the exchange's trading activity sharply, Huobi announced a platform token on January 22, 2018.
The distribution ran from January 24 to February 7, 2018. Rather than a public sale, Huobi sold prepaid service packages to Huobi Pro users with HT included as part of the package, a structure the company explicitly described as not an ICO. 300,000,000 HT, 60% of the supply, was distributed that way. Another 20% was reserved for user rewards and platform operation, and 20% was set aside for the team on a four-year vesting schedule.
Control changed in October 2022, when an investor group led by About Capital acquired a majority stake and Justin Sun joined as an advisor. The exchange rebranded from Huobi Global to HTX in September 2023. In January 2024, HTX launched HTX DAO and its own HTX token, and began moving HT holders across.
HT is a plain ERC-20 token on Ethereum. The verified contract, named HBToken, was compiled with Solidity 0.4.19 and has never been replaced, because it cannot be. Reading its application binary interface directly shows the entire function set: name, symbol, decimals, totalSupply, balanceOf, transfer, transferFrom, approve, and allowance. That is all of it.
Three consequences follow, and they are worth stating plainly because they contradict how exchange tokens are usually described:
There is no mint function and no owner. Nobody, including HTX, can issue more HT. The supply variable is set to 500,000,000 in the constructor and is structurally immutable.
There is no burn function. The contract's totalSupply returns 500,000,000 HT and always will. Any HT that has been described as burned was not destroyed at the contract level. It was transferred, because the contract has no zero-address guard, to the null address 0x0000000000000000000000000000000000000000, for which no private key is known.
Failed transfers return false rather than reverting. This predates modern ERC-20 conventions. Integrations that do not check the boolean return value can silently treat a failed HT transfer as a success, which is a real hazard for anyone writing code against this token.
A read of the contract in September 2026 showed roughly 390.6 million HT resting at the null address, consistent with the exchange retiring HT that it received through the conversion program, plus a very small amount at the conventional dead address. Those tokens are unrecoverable in practice, but the number the contract reports does not move.
The pieces a reader should keep separate:
HT's utility is best described in the past tense, with the present hedged.
Historically HT provided spot and futures fee deductions, VIP and Prime tier progression, and participation in exchange promotions. From January 22, 2024, HTX removed HT from Earn products, Quick Trade, P2P, and spot trading pairs, and moved fee deduction and tier calculation to HTX token holdings. A conversion service from HT to the HTX token ran from January 22, 2024 to January 20, 2025, after which it closed.
HT has no protocol of its own. It does not secure a network, pay gas, or carry on-chain governance rights. Anyone evaluating HT today should verify directly with HTX what, if anything, the token still does on the platform, because that is a policy decision the exchange controls and not a property of the contract.
Two things, neither of them promotional. The first is the contract's extreme simplicity. In a category where exchange tokens are routinely upgradeable, mintable, pausable, or blocklist-capable, HT is a 2018 fixed-supply token with no administrative surface at all. Nobody can inflate it, freeze it, or seize it.
The second is the gap between narrative and mechanism. HT was discussed for years in terms of burns and deflation. The contract cannot burn. The exchange achieved a similar practical effect by sending tokens somewhere unspendable, which removes them from use but leaves the reported total unchanged. It is a useful reminder that supply claims should be checked against the code rather than against announcements.
Compared with other centralized exchange tokens, HT is distinguished less by design than by trajectory:
Realistic present-day uses are narrow:
Anyone expecting fee discounts, staking, or governance should confirm current HTX policy first rather than assume.
HT inherits Ethereum's settlement security, and its contract has no administrative privileges that could be abused: no admin key to compromise, no proxy to upgrade maliciously, no minter to exploit. The residual risks are not smart contract risks. They are the risk of the issuing exchange changing policy again, the risk that bridged HT on other chains depends on that bridge's own security rather than Ethereum's, and the ordinary risk of holding any asset with a custodian.
HT matters mainly as a documented case study. It is one of the clearest examples of an exchange token being deprecated in favor of a successor, and one of the clearest examples of a burn narrative that a contract read does not support. For anyone assessing exchange tokens generally, the lesson is that the utility lives in an exchange's terms of service rather than in the token, and that supply claims deserve a check against the code.
HT trades on a shrinking set of centralized venues, and availability varies by jurisdiction. Because the token is in a legacy state, verify before trading that the venue you use has not scheduled a delisting or a forced conversion.
Where listed, HT may appear on:
Pairs are typically quoted against USDT where supported.
HT is a standard ERC-20 token and can be held:
If you encounter HT on NEAR, Harmony, or Elastos, confirm you are dealing with the bridged representation and understand who operates that bridge before depositing or withdrawing.
Compare HT with other exchange tokens on Coinrithm:
Track Huobi live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Huobi on CoinRithm before using real money.
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Read the complete paper trading guideThe current price of Huobi is $0.1350 with a 0.90% change in the last 24 hours.
The daily trading volume is $2,919.03 representing a 75.53% change in the past 24 hours.
The market capitalization of Huobi is $14,765,136, ranking #594 globally.
The fully diluted valuation (FDV) of Huobi is $67,485,000, calculated assuming the maximum supply of 500,000,000 HT is in circulation.
Circulating: 109,395,689. Total: 109,395,689. Max: 500,000,000.
In the last 24 hours, Huobi traded between a low of $0.1325 and a high of $0.139.

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