Amidst the global market recovery, HashKey Global delivered a remarkable performance in its second month of operations. Alongside expanding its user base and enhancing security and compliance, HashKey Global continued to explore innovative and secure investment products. The launch of the first Launchpool quickly gained traction, receiving overwhelming support from platform users.
Let’s dive deeper into the HashKey Global May Report.
Trading Volume and User Growth Highlights
As a compliant exchange operating for just two months, HashKey Global achieved a daily average trading volume of $348 million in May, a 173% month-over-month increase, with total asset balance exceeding $100 million. Notably, 1251 users reached a monthly trading volume of over $5 million, representing a 338% month-over-month growth. It’s worth highlighting that despite not yet offering contract products, HashKey Global users have shown great enthusiasm for the platform, appreciating its compliance and usability.
In terms of user growth, May saw 28,500 new registrations and 12,810 KYC submissions, with an average KYC approval rate increase of 20%. This indicates that KYC is no longer a “high barrier” for users looking to trade on HashKey Global. By improving its services and technology, HashKey has made the KYC process more seamless and efficient, while maintaining compliance and security. This has elevated the platform’s user experience to the industry’s top standards.
Moreover, to reward users for their continued support, HashKey Global launched the Referral Plus program in May, where users could earn exclusive airdrop and HSK rewards by completing referral tasks. Learn more: Join HashKey Global’s Referral+ Program for Airdrops and Exclusive HSK Rewards.
Embracing Industry Trends, Leading with Innovation
The HashKey Global Launchpool product immediately attracted a significant number of users. On its first day, 2157 users participated, with the first settlement cycle achieving an APR of 37% and a total locked amount of $109 million. The highest earnings by a single user reached 6500 ZKJ. Learn more: HashKey Launches Its First Launchpool: Stake USDT to Win a 325,000 ZK Prize Pool!.
Simultaneously, HashKey Global continued to align with industry trends and promote innovation. The platform partnered with the TON ecosystem to launch a dedicated applet, which attracted 8227 new registered users, further expanding its market influence.
Futures Products in Active Preparation
HashKey Global is actively preparing to launch its futures products. On June 3rd, the platform announced the launch of the Beta version of its contract product, accompanied by a “Submit Feedback for HSK Rewards” campaign. Users can submit suggestions during the Beta phase of HashKey Global’s futures products and earn 50 HSK. Learn more: HashKey Global Launches Futures Beta, Submit Suggestions to Earn 50 HSK!.
Conclusion
May was a breakthrough month for HashKey Global. The platform achieved impressive results in terms of trading volume and user growth while launching innovative investment products like Launchpool, which greatly enhanced the user experience. Looking ahead, HashKey Global will continue to embrace industry transformation, offering more innovative products and providing a secure and efficient trading experience for users worldwide, maintaining its leadership position in the industry.
HashKey Global is the flagship global virtual asset exchange under HashKey Group, providing licensed digital asset trading services to global users. HashKey Global is fully licensed by the Bermuda Monetary Authority (BMA) under its digital asset investor protection regime, offering LaunchPad, contracts, leverage, and other mainstream trading and service products. For more information, visit global.hashkey.com.