Over the past week (September 22nd - September 29th), the overall heat in the crypto market continued to rise, and the on-chain trading sector attracted a new wave of attention. According to Huobi HTX market data, multiple sectors including DEX, DeFi, AI, and public chains saw strong rebounds, with some newly listed tokens experiencing rapid price increases. The Perp DEX sector is particularly noteworthy. Dexu AI data shows that the mindshare growth of the Perp DEX sector in September has reached 10 times, far exceeding other sectors.

Perp DEX and DeFi Sector: ASTER Up 96% Weekly
ASTER (96% | Perp DEX): Aster provides on-chain perpetual contracts and spot trading, attracting trader attention with product features such as "MEV-free, one-click ordering." Market interest continued to grow after its listing, with the token accumulating a 96% gain over the past week, making it the best-performing new token on Huobi HTX. This also corroborates the explosive potential of the on-chain derivatives sector.

BLUE (60% | Sui DEX): Bluefin is a decentralized spot and derivatives trading platform on the Sui blockchain, backed by Polychain, SIG, Brevan Howard, and other leading companies. Bluefin is the protocol with the highest total trading volume on Sui, with trading volume exceeding $37 billion since its launch in September 2023.

SNX (55% | DeFi): The veteran synthetic asset protocol Synthetix rose 55% this week. Synthetix is a derivatives liquidity protocol built on Ethereum in 2018, designed to enable the issuance and trading of synthetic assets. Synthetix currently supports the issuance of synthetic assets including fiat currencies, cryptocurrencies, and commodities.

From a market perspective, DeFi as a whole remains one of the most dynamic sectors in the crypto market, with perpetual contracts being one of the largest derivative sectors currently. Besides ASTER, other noteworthy projects in the Perp DEX sector include Lighter, Avantis, Extended, and Paradex. SunPerp, a decentralized perpetual contract exchange on the TRON ecosystem, also shows potential for significant growth.

AI and L1 Public Chain Sector: SQD and New Token XPL Perform Well
SQD (48% | AI): The AI narrative continues to heat up, with SQD rising 48% during the week. SQD Network is a decentralized data lake and query engine designed to provide developers with high-performance, permissionless data access.

XPL (47% | L1): As a newly listed public chain token, XPL performed notably this week with a 47% weekly gain. Plasma is a Layer 1 EVM-compatible blockchain built specifically for high-volume, low-cost global stablecoin payments. As the foundational network of the blockchain industry, L1 remains a core focus for capital and developers. XPL quickly entered the market's view through its innovative narrative.

Meme and Ecosystem Tokens: RATS, BLUM, KAITO Show Steady Performance
RATS (30% | BRC20): The Bitcoin ecosystem has been gaining traction recently. As a BRC20 inscription Meme coin, RATS continued its community-driven momentum, rising 30% this week, becoming a representative asset under the BRC20 narrative. BRC-20 is a token standard that defines the rules for creating fungible tokens on the Bitcoin blockchain.

BLUM (20% | TON Ecosystem): Blum is a hybrid exchange on the TON chain ecosystem, providing universal token access through gamification within the Telegram mini-app. Blum allows access to CEX and DEX tokens on a single platform, supports over 30 chains, and offers additional features including AI navigation, P2P trading, derivatives trading, and more.

KAITO (19% | InfoFi): Positioned in the Information Finance (InfoFi) sector, $KAITO enables a decentralized decision-making mechanism. Token holders can propose and vote on key protocol and algorithm updates, aligning the network's evolution with community interests, ultimately building a transparent and efficient AI-driven InfoFi ecosystem.

Huobi HTX Covers Multiple Sectors, Asset Performance is Diversified
Looking at the overall performance this week, the new assets on Huobi HTX cover multiple popular directions including DEX, DeFi, AI, public chains, Meme, ecosystems, and Information Finance. The outstanding performance of new tokens like ASTER and XPL validates Huobi HTX's keen layout in onboarding new projects; while the rise of established and ecosystem tokens like SNX and BLUE results from the platform's long-term cultivation in mainstream sectors. Huobi HTX's asset coverage spans multiple sectors, encompassing both promising newcomers and quality veteran projects.

Huobi HTX always adheres to the "User First" principle, ensuring asset transparency and security, and providing users with a rich selection of trading targets and diverse sector choices. As the global crypto market continues to evolve, Huobi HTX will persistently leverage its platform advantages to capture emerging trends and serve the diverse investment needs of global users.