PANews reported on November 12th that Huobi HTX's annual flagship event, the "Peak Tournament," has officially launched, boasting a total prize pool of one million US dollars. The event, which runs from October 31st to December 16th, features three tracks: a points-based competition, an individual challenge, and a team competition. It brings together traders from around the world to comprehensively test participants' strategy execution and market insight, creating the ultimate annual trading extravaganza.

The "Team Competition" launched on November 11th, offering participants the chance to form their own teams to participate in spot/futures trading and share a grand prize pool of 400,000 USDT. The announcement indicates that team formation will take place from 6 PM on November 11th to 6 PM on November 26th (UTC+8). Successful teams require an individual account with ≥100 USDT and a team of ≥5 members. The trading period will run from 6 PM on November 26th to 6 PM on December 16th (UTC+8). The event features both spot and futures trading tracks, each with a prize pool of 200,000 HTX tokens. The top 20 teams by total trading volume will share the prize pool. Team leaders will receive 10% of their team's prize pool, with the remaining rewards distributed based on individual member trading volume rankings.