Huobi Token (HT) is a cryptocurrency that was launched in 2018 by the Huobi Group, a leading global blockchain company. HT is an ERC-20 token that is built on the Ethereum blockchain, and it serves as the native token of the Huobi exchange. The token was created to provide users with a range of benefits, including reduced trading fees, access to exclusive events and promotions, and the ability to vote on important decisions related to the exchange. HT has a total supply of 500 million tokens, with a significant portion of these tokens being held by the Huobi Group to support the development of the platform.

One of the key features of HT is its use in the Huobi Token Burn Program. This program involves the Huobi Group using 20% of its quarterly revenue to buy back HT tokens from the market and then burn them, effectively reducing the total supply of HT in circulation. This process is designed to increase the value of HT over time, as the reduced supply should lead to increased demand for the token. Additionally, HT can be used to participate in Huobi's FastTrack program, which allows users to invest in new blockchain projects before they are listed on the exchange. Overall, HT is a valuable asset for users of the Huobi exchange, providing a range of benefits and opportunities for investment and growth.