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Velvet is a cross-chain DeFi protocol that helps people and institutions create tokenized index funds, portfolios, and other financial products with additional yield.
HTX has launched perpetual contracts for ADBE, UVXY, RDW, and VELVET and initiated a contract trading party.
According to the official announcement, HTX (formerly Huobi) launched perpetual contracts for ADBE/USDT, UVXY/USDT, RDW/USDT, and VELVET/USDT on June 12. The maximum leverage for ADBE/USDT, UVXY/USDT, and RDW/USDT is 10x, while the maximum leverage for VELVET/USDT is 20x. Additionally, HTX is hosting a trading party for ADBE, UVXY, and RDW perpetual contracts from 15:00 on June 12 to 15:00 on June 19 (UTC+8), with a total prize pool of up to $20,000. During the event period, users who register and trade ADBE/USDT, UVXY/USDT, or RDW/USDT perpetual contracts—achieving a cumulative effective trading volume of ≥$1,000—will share the prize pool based on their trading volume ranking. New contract users trading ADBE/USDT, UVXY/USDT, or RDW/USDT perpetual contracts will also receive exclusive benefits.
MGBX to Launch VELVETUSDT and CRWDUSDT Perpetual Contract Trading Pairs
according to official sources, MGBX will list the VELVETUSDT and CRWDUSDT perpetual contract trading pairs on June 12, 2026, at 18:00 (SGT).Trading start time: June 12, 2026, at 18:00 (SGT)Leverage: VELVET supports up to 25x leverage, CRWD supports up to 25x leverageVELVET: Velvet is a DeFAI operating system designed to simplify on-chain research, trading, and portfolio management.CRWD: CrowdStrike is a leading global cybersecurity company, leveraging a cloud-native platform to provide security protection for endpoints, cloud workloads, identity, and data.
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HTX has launched perpetual contracts for ADBE, UVXY, RDW, and VELVET and initiated a contract trading party.
According to the official announcement, HTX (formerly Huobi) launched perpetual contracts for ADBE/USDT, UVXY/USDT, RDW/USDT, and VELVET/USDT on June 12. The maximum leverage for ADBE/USDT, UVXY/USDT, and RDW/USDT is 10x, while the maximum leverage for VELVET/USDT is 20x. Additionally, HTX is hosting a trading party for ADBE, UVXY, and RDW perpetual contracts from 15:00 on June 12 to 15:00 on June 19 (UTC+8), with a total prize pool of up to $20,000. During the event period, users who register and trade ADBE/USDT, UVXY/USDT, or RDW/USDT perpetual contracts—achieving a cumulative effective trading volume of ≥$1,000—will share the prize pool based on their trading volume ranking. New contract users trading ADBE/USDT, UVXY/USDT, or RDW/USDT perpetual contracts will also receive exclusive benefits.
MGBX to Launch VELVETUSDT and CRWDUSDT Perpetual Contract Trading Pairs
according to official sources, MGBX will list the VELVETUSDT and CRWDUSDT perpetual contract trading pairs on June 12, 2026, at 18:00 (SGT).Trading start time: June 12, 2026, at 18:00 (SGT)Leverage: VELVET supports up to 25x leverage, CRWD supports up to 25x leverageVELVET: Velvet is a DeFAI operating system designed to simplify on-chain research, trading, and portfolio management.CRWD: CrowdStrike is a leading global cybersecurity company, leveraging a cloud-native platform to provide security protection for endpoints, cloud workloads, identity, and data.
During VELVET’s 10x price surge, the project team’s affiliated addresses transferred 22 million tokens to multiple exchanges within three days.
According to on-chain analyst Yujin (@EmberCN), the price of VELVET, the token of DEX platform Velvet Capital, rose from $0.09 to $0.90 over the past few days—a roughly 10-fold increase. During this period, project-related addresses transferred 22 million VELVET tokens—valued at approximately $19.8 million—to exchanges including Bitget, Gate, and KuCoin over the past three days.