Huobi’s cryptocurrency derivatives market trading platform, Huobi DM, has reportedly seen its “cumulative trading volume” surge to over $50 billion since its beta version was introduced in December 2018. In a press release shared with CryptoGlobe on March 7th, Huobi Global’s CEO, Livio Weng, noted: “The desire to go both long and short in a volatile market has certainly helped fuel our growth but so has Huobi DM’s ever-expanding list of contract types, the fact that we’ve managed to keep a record of zero clawbacks since launch, and, of course, the continued support and loyalty of both retail and institutional traders – especially market makers.”
