Crypto Exchange HTX Launches $100M USDT Airdrop for Traders Affected by $19B Market Wipeout

HTX has launched a $100 million USDT airdrop to help traders recover from the $19 billion market wipeout on Oct. 11. Eligible users who lost at least 100 USDT between Oct. 9 and 11 can claim up to 5,000 USDT in futures coupons. HTX aims to help users recover from setbacks and rebuild confidence, promoting healthy and sustainable crypto sector development. The Sail Together initiative will run through Nov. 15.

Panama City, Oct. 20, 2025 — In response to the recent market volatility and sharp declines experienced by the crypto market, leading global exchange HTX has launched the "Sail Together" Initiative, a $100 million USDT airdrop designed to support traders and help rebuild confidence in the sector. The initiative, running from 10:00 (UTC) on October 16 to 10:00 (UTC) on November 15, aims to distribute 100 million USDT in airdrops to users worldwide, according to a PR Newswire release.

The "Sail Together" Initiative is open to all crypto users across platforms and regions. To be eligible for the airdrop, users must have completed real futures trades on HTX or any other exchange and incurred a loss of ≥ 100 USDT between 16:00 (UTC) on October 9 and 15:59 (UTC) on October 11. Additionally, participants must register an HTX account and complete Level 1 KYC verification before the event ends, the PR Newswire release notes.

HTX will distribute futures coupon packages worth 50-5,000 USDT, with the specific coupon value based on the verified loss amount and the activity level of the Futures account after the user signs up on HTX. Premium users may qualify for a loss-rebate airdrop of up to 5,000 USDT through the partner channel, the release adds.

For existing HTX users, there are exclusive benefits. Users who have registered and completed Level 1 KYC verification can qualify for up to 150 USDT in airdrops by completing either a single transfer of ≥ 500 USDT or reaching a cumulative futures trading volume of ≥ 50,000 USDT and maintaining a Futures account balance of ≥ 300 USDT, according to the announcement.

The initiative underscores HTX's commitment to global traders, aiming to help users recover from setbacks and rebuild confidence in the market. HTX believes that only by sailing together can the industry weather every market cycle, the PR Newswire release concludes.