VANCOUVER, BC, Feb. 10, 2026 /PRNewswire/ — WAT Medical is proud to announce the publication of a landmark randomized clinical trial in JAMA Surgery, one of the world’s most reputable and high-impact surgical journals. The study confirms that the EmeTerm wristband — a wearable device utilizing transcutaneous acupoint electrical stimulation — provides significantly better control of moderate to severe postoperative nausea and vomiting (PONV) compared to metoclopramide, a widely used antiemetic medication.

The patient-blinded, multicenter randomized clinical trial enrolled 232 female patients who developed moderate to severe PONV (numerical rating score [NRS] ≥4) following thyroidectomy or anterior cervical surgery under general anesthesia. Conducted across four leading hospitals, participants were randomized 1:1 to receive either active transcutaneous electrical acupoint stimulation (TEAS) via the EmeTerm wristband targeting the median nerve at acupoint PC6, or a control intervention consisting of a sham device combined with intravenous metoclopramide.

The primary endpoint was the 2-hour remission rate of PONV, while secondary endpoints included 24-hour relapse rates and crossover responses.

Key Findings

• 2-Hour Remission Rate: EmeTerm significantly improved PONV remission compared with metoclopramide (77.6% vs 55.2%, P < 0.001) (Figure 1).
• 24-Hour Relapse Rate: Patients treated with EmeTerm experienced significantly lower relapse rates than those treated with metoclopramide (12.2% vs 56.3%, P < 0.001) (Figure 2).
• Safety: No device-related serious adverse events were reported.

These findings demonstrate that EmeTerm not only achieves superior and sustained symptom control compared with metoclopramide, but also offers a favorable safety and tolerability profile. The results highlight a shift toward non-pharmacological, patient-centered approaches in perioperative care — enhancing patient autonomy, minimizing drug-related side effects, and improving overall recovery outcomes.

Developed by WAT Medical Enterprise Ltd., EmeTerm represents the company’s commitment to evidence-based innovation in neuromodulation for nausea management. The device has received multiple international regulatory clearances, including approvals from the U.S. FDA, Health Canada, and Australia’s TGA, affirming compliance with global safety and quality standards.

Publication in JAMA Surgery underscores the rigor and impact of the study, validating EmeTerm as an effective, non-drug therapeutic option for managing active PONV. With a growing body of clinical evidence, EmeTerm is being increasingly adopted by clinicians and hospitals worldwide as a reliable solution for nausea control in perioperative settings.

References

1. Zheng D, Ding P, Gong M, et al. Transcutaneous Electrical Acupoint Stimulation vs Metoclopramide for Moderate to Severe Postoperative Nausea and Vomiting: A Randomized Clinical Trial. JAMA Surg. Published online January 28, 2026. doi:10.1001/jamasurg.2025.6394
2. www.emeterm.com
3. www.watmedical.com

DUBAI, UAE, Feb. 10, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is calling traders across the TradFi and crypto divide to come together for the Master Trading Challenge: TradFi VS Crypto. With Bybit Copy Trading as the main arena, the global trading tournament will offer 300,000 USDT in prizes as trader interest in automated trading strategies continues to grow amid heightened market volatility.

The multi-round challenge is set to keep competitive traders on their toes throughout February and March 2026. Designed to finally settle the friendly rivalry between traditional finance tactics and classic crypto trading strategies, Bybit’s Copy Trading platform will serve as the ultimate battleground where Master Traders and their followers can put their skills and strategies to the test.

Rising to the Challenge: TradFi VS Crypto

The challenge runs across two two-week rounds, with Round 1 from February 9 to 24 and Round 2 from February 27 until March 14, 2026. Each round runs independently with its own 150,000 USDT prize pool and leaderboard rankings.

Master Traders may compete in one of two categories: classic cryptoperpetual contracts or TradFi-style products, mirroring the growing convergence between traditional finance and digital asset trading strategies. Rankings are determined by both team trading volume and profit-and-loss performance.

Eligible participants must meet the minimum team trading volume to qualify for the leaderboard:

• Classic traders: 75,000 USDT
  
• TradFi participants: 1,500,000 USDx

Master Traders must also maintain at least 20 unique active Followers, ensuring that rewards go to traders with demonstrated track records of attracting genuine follower interest.

Prizes Galore: Rewarding Performance and Clout

The top 50 Master Traders in each round are eligible for prizes, with first-place teams receiving 39,000 USDT and cascading rewards for teams placing 31st through 50th. Master Traders receive 50% of their team’s total reward, with the remaining half distributed among Followers based on proportional trading volume.

The tournament also features a “Like” rewards system where users can vote for preferred traders during the first week of each round. If a liked trader finishes in the top three, the first 1,000 supporters share 2,000 USDT, creating a social trading dynamic that mirrors emerging trends in retail investment platforms.

The tournament comes as copy trading, a strategy that allows users to automatically replicate the trades of experienced traders, has gained traction among retail investors seeking to navigate increasingly complex market conditions. With Bybit Copy Trading, less experienced traders can follow established Master Traders, democratizing access to sophisticated trading strategies that were previously available primarily to institutional investors.

Terms and conditions apply. To find out more about eligibility requirements and restrictions, users may visit: TradFi VS Crypto: Compete in the multi-round trading tournament for 300,000 USDT!

#Bybit / #CryptoArk / #IMakeIt 

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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SAN JOSE, Calif., Feb. 10, 2026 /PRNewswire/ — Dreame Pool, a leading global innovator in robotic pool cleaning solutions, successfully hosted its Silicon Valley investor event on February 6, unveiling a comprehensive roadmap for the future of outdoor living. The event marked a strategic milestone as the company expands its technological expertise into a fully integrated smart outdoor ecosystem.

The showcase featured the North American debut of the T7 Pool Pump and N10 Weather Station, alongside the CES 2026-debuted Zircon 2 robotic pool cleaner series and J1 Robotic Pool Skimmer.

“The future of the backyard is autonomous,” said a spokesperson for Dreame Pool. “By integrating our advanced robotic cleaners with intelligent water management and environmental sensing tools, we are closing the loop to create a self-regulating outdoor environment.”

Advancing Intelligent Pool Cleaning: the Zircon 2 Series

The Zircon 2 Ultra, engineered for pools up to 4,300 square feet, combines an industry-leading 10,000 GPH suction power with Dreame’s proprietary PulseMap™ Laser 3D mapping technology and QuadLift™ four-pump system. This flagship model delivers 7-in-1 cleaning coverage across pool surfaces, floors, walls, corners, steps, waterlines, and shallow zones. By integrating LDS laser radar with multi-sensor fusion, PulseMap™ constructs accurate 3D pool models for adaptive navigation and obstacle avoidance. The model also features Surface Docking, allowing users to command the robot to surface at a preferred location for easy retrieval, while its high-capacity battery supports up to six hours of continuous cleaning.

The Zircon 2 Pro delivers a professional-grade, hands-free cleaning experience through its optional Auto-Dock Base Station. After each cleaning cycle, the robot automatically returns to the dock and exits the water to recharge—eliminating manual handling. Powered by PoolSense™ 2.0, the Zircon 2 Pro utilizes 12 precision sensors to generate efficient 2D maps and structured cleaning paths. The unit delivers 8,000 GPH suction power and up to four hours of deep cleaning per charge. Integrated DepthLink™ ultrasonic underwater communication ensures stable real-time status monitoring, mapping visualization, and remote control via the Dreame companion app.

Smart Infrastructure for Connected Outdoor Management

Beyond robotic cleaning, Dreame Pool introduced new infrastructure products designed to enhance outdoor automation, energy efficiency, and environmental intelligence.

The T7 Pool Pump achieves high-performance water circulation with IE4 energy efficiency standards, providing up to 9250GPH of flow and 60 feet of head with an 1.5 HP output, leading other products of the same power in terms of efficiency and performance. Through the Dreame mobile app, users can monitor temperature and water flow metrics in real time and customize speed control settings for optimized performance and energy management.

Acting as the central nervous system for the outdoor ecosystem, the N10 Weather Station offers comprehensive 7-in-1 sensing, tracking TVOC (Total Volatile Organic Compounds), wind, rainfall, UV index, barometric pressure, temperature and humidity, and light intensity. Featuring solar-powered operation with Wi-Fi connectivity, the N10 enables remote monitoring and data synchronization. Integrated with the Dreame app’s smart dashboard, the weather station enables automated control of irrigation systems, outdoor lighting, thermostats, and other connected outdoor devices based on real-time environmental conditions.

Strengthening Surface Cleaning with Solar-Powered Automation

The J1 Robotic Pool Skimmer focuses on continuous surface maintenance. Featuring a Dual Power System with an 18W solar panel and a 5,000mAh battery, it captures sunlight for seamless performance, ensuring a debris-free pool surface with minimal manual recharging.

About Dreame Technology

Founded in 2017, Dreame is a global leader in high-end consumer electronics and intelligent manufacturing, committed to empowering lives through intelligent home solutions. For more information, visit pool.dreametech.com.

SHENZHEN, China, Feb. 10, 2026 /PRNewswire/ — itel, a global Tech Empowerment brand ranked No.1 Smartphone Brand in 75USD price segment, launched its new smartphone A100C, designed for style, and durability. It delivers a high-quality texture, and smart AI interaction, all at a price point that makes these reliable features accessible to millions.

A Tech Empowerment Brand, itel Always Consider Consumers First

By leveraging an integrated global supply chain and lean operations running for over 15 years, itel continues to deliver smart life products with exceptional value, lowering smart technology barriers for consumers in emerging markets. The launch of A100C marks a milestone in itel’s brand upgrade this year, bringing AI experience into the hands of the masses and ensuring that T3-5 Tiers users can access intelligent mobile experience with the same ease and enjoyment as those in developed markets.

itel A100C, Your Military-Grade Toughness Smartphone Choice

A100C, the newly launch smartphone in Latin-American market, shatters the myth that toughness has to come with a towering price tag. Engineered to military standards and packed with reliable features, the itel A100C is your good partner for work, adventure, and everyday life. In the face of life’s unpredictable moments and demanding environments, your smartphone shouldn’t be a fragile piece of technology—it should be a rock-solid companion you can trust completely. The Smartphone A100C is built around Military-Grade Durability that exceeds industry standards, integrating advanced protective technology into every detail of its design. It’s engineered to end your drop worries for good, so you can stay focused and brave, with zero compromises.

Besides reliable protection, you can also enjoy an immersive visual experience on a 6.6″ large and super clear display, with 90Hz high refresh rate and its 5000mAh 32 days long standby battery. Furthermore, it supports smart convenience features like NFC one-touch sharing, 1.2 KM Ultra-link free connection and infrared remote control make network transfer effortless.

As a more than 15 years’ global brand, itel truly refines the value in budget-friendly smartphone, poised to become the new benchmark for what consumers can expect from an accessible smartphone, lowering smart life products’ barriers for consumers and effectively bringing a smooth experience in emerging markets. The itel A100C is designed as a perfect blend of style, stability, and everyday speed, which is perfect matching itel brand concept of serving more entry-level consumers with smart and reliable consumer electronics.

About itel:

Established over 15 years, itel is a Technology Empowerment Brand for masses. Adopting “Enjoy better life” as its brand philosophy, itel’s mission is to provide budget-friendly consumer electronic products to emerging markets consumers. In 2025, itel has expanded its presence in more than 80 emerging markets globally, including SSA, Southeast Asia, South Asia, Middle East and Latin American. itel has a product portfolio of smartphones, electronics accessories, home appliances, and lifestyle products. In 2024 it ranked No.1 Global Smartphone brand under $75 and No.1 feature phone brand.

For more information please visit: https://www.itel-life.com/ 

SEATTLE, Feb. 9, 2026 /PRNewswire/ — This Valentine’s Day, thoughtful gestures go beyond traditional gifts. As more people focus on comfort, balance, and shared moments at home, creating a cleaner and more effortless living environment has become a meaningful way to care for the ones you love.

To mark the season, Tineco introduces a Valentine’s Day shopping guide highlighting a curated selection of its most advanced and versatile cleaning solutions. Designed around the idea that modern living starts at home, the guide brings together intelligent wet & dry floor care, cordless vacuuming, and carpet cleaning solutions that make everyday routines feel simpler and more intuitive.

From February 10 to February 15, select Tineco products will be available with exclusive Valentine’s Day savings on Amazon, including additional discounts unlocked through product-specific Tineco promo codes at checkout.

Smart cleaning essentials for the way we live today

FLOOR ONE S9 Master

Built for those who want a truly effortless cleaning experience, the FLOOR ONE S9 Master delivers powerful wet & dry performance in an ultra-slim profile. With 23,000 Pa suction power, a 9.9 cm low-profile design, and a StreakFree scraper, it ensures spotless results even in hard-to-reach areas. ThermoBlast technology and FlashDry self-cleaning enable continuous hot-water cleaning up to 90°C, tackling stubborn messes while keeping maintenance fully automated.

Valentine’s Day promo code: PRVDS9M1

FLOOR ONE S9 Artist Steam

Blending intelligent floor care with high-temperature steam hygiene, the FLOOR ONE S9 Artist Steam is designed for homes that value both cleanliness and peace of mind. Steam power helps break down stubborn stains and everyday bacteria, while smart sensor technology automatically adjusts performance in real time. Its refined design and automated self-cleaning system make it a natural choice for shared living spaces.

Valentine’s Day promo code: PRVDS9AS

PURE ONE A90S

Lightweight, flexible, and designed for daily use, the PURE ONE A90S cordless vacuum delivers strong suction with intelligent dust sensing that adapts across different floor types. Ideal for quick cleanups or full-home maintenance, it offers a balanced solution for busy households managing pet hair, everyday dust, and unexpected messes.

Valentine’s Day promo code: PRVDA90S

CARPET ONE Cruiser

Designed to refresh carpets and rugs with ease, the Carpet One Cruiser combines washing, suction, and fast drying in one streamlined system. Intelligent sensors automatically adjust water flow based on dirt levels, while powerful drying technology helps restore softness and comfort quickly—making it ideal for homes that value both cleanliness and coziness.

Valentine’s Day promo code: PRVDCRU1

FLOOR ONE i5 Stretch

Offering an accessible entry point into smart wet & dry cleaning, the FLOOR ONE i5 Stretch delivers reliable everyday performance without added complexity. Its 20 kPa suction power quickly removes debris, stains, and hair, while the anti-tangle design prevents buildup around the roller brush. With a full 180° lay-flat design and a low profile of just 5.1 inches, it easily reaches under furniture and cleans along baseboards on both sides for thorough daily maintenance.

Valentine’s Day promo code: PRVDI5ST

Exclusive Valentine’s Day savings on Amazon

For a limited time, shoppers can enjoy extra Valentine’s Day savings on these featured products by applying the corresponding Tineco promo code at checkout when purchasing through the Tineco Amazon store. The promotion runs from February 10 to February 15, 2026, while supplies last.

This Valentine’s Day, Tineco invites consumers to rethink what a thoughtful gift looks like—by upgrading the home with smarter, more intuitive cleaning solutions designed for modern living.

About Tineco

Tineco (“tin-co”) was founded in 1998 with its first product launch as a vacuum cleaner and, in 2019, pioneered the first-ever smart vacuum. Today, the brand has evolved into a global leader in intelligent appliances spanning floor care, kitchen, and personal care categories. With a growing user base of over 23 million households and availability in approximately 30 countries worldwide, Tineco remains committed to its brand vision of making life easier through smart technology and continuous innovation. For more information, visit https://us.tineco.com/.

Databricks is Announcing >$7B of Investments in the Company

SAN FRANCISCO, Feb. 9, 2026 /PRNewswire/ — Databricks, the Data and AI company, today announced it crossed a $5.4 billion revenue run-rate, delivering >65% year-over-year growth during its Q4. Building on this momentum, Databricks is completing investments in the company in excess of $7 billion, including ~$5B of equity financing at a $134 billion valuation and ~$2B of additional debt capacity. With this new funding, the company will accelerate Lakebase, its serverless Postgres database built for AI agents, and Genie, its conversational AI assistant that lets any employee chat with their data.

This financing drew strong participation from both new and returning investors. JPMorganChase expanded its investment in the company through its Security and Resiliency Initiative’s newly-formed Strategic Investment Group. In addition to previously disclosed participants in the Series L round, the additional close also included Glade Brook Capital, Growth Equity at Goldman Sachs Alternatives, Microsoft, Morgan Stanley, funds affiliated with Neuberger, Qatar Investment Authority (QIA), funds associated with UBS, and others. The credit facilities were led by JPMorgan Chase Bank, N.A. alongside Barclays, Citi, Goldman Sachs, and Morgan Stanley, with participation from other leading financial institutions and alternative asset managers.

Financial momentum 
This investment follows continued strong momentum across Databricks’ business in Q4:

• Surpassing $5.4 billion revenue run-rate, growing >65% year-over-year.
• Delivering positive free cash flow over the last 12 months.
• Crossing $1.4 billion revenue run-rate for its AI products.
• Sustaining net retention rate >140%.
• >800 customers consuming at over $1 million annual revenue run-rate.
• >70 customers consuming at over $10 million annual revenue run-rate.

“We’re seeing overwhelming investor interest in our next chapter as we go after two new markets,” said Ali Ghodsi, co-founder and CEO of Databricks. “With this new capital, we’ll double down on Lakebase so developers can create operational databases built for AI agents. At the same time, we’re investing in Genie to let every employee chat with their data, driving accurate and actionable insights.”

“Databricks is a generational company that has become a backbone for enterprise data and AI, helping organizations across critical sectors seize opportunities and overcome challenges,” said Todd Combs, Head of the Strategic Investment Group for JPMorganChase’s Security and Resiliency Initiative. “This initial investment reflects the strength of Databricks’ secure platform and continues to support their innovative, production‑scale applications that serve customers around the world.”

Building the future of Data + AI 
The company will use the funding to advance Lakebase, a serverless Postgres database built for the age of AI that helps customers build data and AI applications faster on a unified platform. Databricks will also scale investments in Genie, its conversational AI assistant, expanding natural‑language capabilities that make data and AI accessible to every corner of the business. The company also expects to use the funds to advance AI research, pursue strategic acquisitions and provide employee liquidity.

About Databricks
Databricks is the Data and AI company. More than 20,000 organizations worldwide — including adidas, AT&T, Bayer, Block, Mastercard, Rivian, Unilever, and over 60% of the Fortune 500 — rely on Databricks to build and scale data and AI apps, analytics and agents. Headquartered in San Francisco with 30+ offices around the globe, Databricks offers a unified Data Intelligence Platform that includes Agent Bricks, Genie, Lakebase, Lakeflow, Lakehouse, and Unity Catalog. To learn more, follow Databricks on LinkedIn, X, YouTube, and Instagram.

Contact: Press@databricks.com

TOKYO, Feb. 9, 2026 /PRNewswire/ — SwitchBot, a leading provider of AI-enabled embodied home robotics systems, today announced the launch of SwitchBot AI Hub, the world’s first local home AI agent supporting OpenClaw, an open-source autonomous AI agent framework.

Combining edge AI computing, Vision-Language Models (VLM), and unified smart home control in a single hub, AI Hub understands real-world events through connected cameras, enables AI-powered automations, and serves as a local NVR system with Frigate. Using it together with OpenClaw, users can now control devices, access AI models, and manage home automation naturally through everyday chat apps.

Official support for running OpenClaw on SwitchBot AI Hub is scheduled to roll out by the end of February, while expanded access to SwitchBot Skills via OpenClaw is expected to roll out by the end of March.

First Local Home AI Agent Supporting OpenClaw

Unlike cloud or PC-based OpenClaw deployment, SwitchBot AI Hub offers authentic OpenClaw support for always-on AI operation in a more affordable and convenient way.

Starting from the end of February, users will be able to run OpenClaw directly on SwitchBot AI Hub, providing an easier and cost-effective solution compared to PC-based deployments. After setup is completed, users can access a range of Large-Language AI models via an OpenClaw bot contact in up to 50 chat apps, including WhatsApp, iMessage, and Discord. Meanwhile, OpenClaw can also access smart home devices across multiple platforms, including Home Assistant, Apple Home, and Google Home, through relevant Skills.

By the end of March, users will be able to access SwitchBot Skills through OpenClaw, using chat apps to manage devices connected to AI Hub and home automations created on AI Hub, both locally and through the Vision-Language Model (VLM).

Running independently on personal devices, AI Hub provides a dedicated, isolated environment for AI execution, helping safeguard personal data while reducing deployment time and system overhead.

First Edge Hub Equipped with VLM

On its own, SwitchBot AI Hub functions as an intelligent edge hub that combines human-like visual understanding, AI automation, and privacy-first video management.

Working with SwitchBot Pan/Tilt Cam 2K/3K Plus, SwitchBot Smart Video Doorbell, or any third-party RTSP cameras, AI Hub uses Vision-Language Models (VLM) to interpret real-world events, generate summaries, enable AI search through video footage, deliver daily home reports, and provide more accurate alerts.

These AI summaries can also be used as automation triggers, allowing users to create complex home automations in seconds and tailor responses for scenarios such as security, family care, and pet care.

In addition, AI Hub integrates a local NVR system powered by Frigate, supporting up to eight cameras, on-device facial recognition, free local video recording, single-screen whole-home monitoring, and expandable local storage up to 16TB.

As SwitchBot’s first edge hub, it also connects with over 100 SwitchBot devices, supports Matter bridging for up to 30 SwitchBot products, dual-band Wi-Fi, extended Bluetooth coverage, faster local automation for Bluetooth products, and optional Home Assistant installation, providing a stable, responsive foundation for whole-home intelligence.

The Ultimate Smart Home Automation with AI Hub and OpenClaw

When combined with OpenClaw, SwitchBot AI Hub will enable natural, conversational control over the smart home, allowing users to further interact with their home environment through everyday language.

Users can ask OpenClaw about home status, such as temperature, humidity, or air quality, view footage from cameras connected to AI Hub, control individual devices like lights or air conditioners, and initiate home automation smart scenes. These commands can apply not only to devices directly connected to AI Hub, but also to devices and automations already configured across other smart home platforms that OpenClaw has access to.

Beyond responding to user requests, OpenClaw can proactively assist users by remembering users’ past behaviours and habits, analyzing the data it captures through the lens of this memory, and surface timely suggestions or prompt users to take action based on the insights. For example, when a SwitchBot Smart Video Doorbell detects someone at the door, AI Hub can capture the event and send an image through OpenClaw in the users’ common chat apps, allowing the user to decide whether to remotely unlock the door for the person at the door.

Through this combination of memory, perception, analysis, and execution, SwitchBot AI Hub and OpenClaw work together to deliver a more intelligent, responsive, and user-centric smart home experience.

Pricing & Availability

SwitchBot AI Hub is already available through the SwitchBot Official Website, with an MSRP of USD 259.99 / CAD 299.99 / GBP 259.99 / EUR 259.99. Official OpenClaw support will be enabled by the end of February via software updates.

For more information, visit SwitchBot’s official website and follow SwitchBot on X, Instagram, Facebook, and YouTube.

Media Kit: https://drive.google.com/drive/u/2/folders/14YPDkMZC2pJQmV2oJ3inXiYkgJGoTy70

PANAMA CITY, Feb. 9, 2026 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, today announced the launch of USDe minting and redemption service on its platform, alongside a new daily rewards program for USDe holders.

Following the recent listing of USDe, these new features unlock a more efficient, capital-optimized experience for HTX’s global user base, marking another milestone in its commitment to delivering seamless, innovative, and user-centric digital asset services.

“By bringing minting and redemption directly onto HTX, we are making advanced on-chain financial tools accessible to a much broader audience. This reflects our continued focus on supporting innovation and improving user experience,” said Justin Sun, Advisor to HTX.

USDe — A Crypto-backed Synthetic Dollar

Developed by Ethena Labs, USDe is a synthetic dollar designed as a crypto-native alternative to traditional dollar-denominated money. Unlike conventional stablecoins that rely primarily on fiat reserves, USDe is backed by mainstream crypto assets like BTC and ETH, and stabilized through a delta-neutral hedging strategy.

By holding spot crypto assets while simultaneously opening offsetting positions in derivatives markets, Ethena aims to minimize price volatility and maintain a value closely aligned with the U.S. dollar. This on-chain, risk-managed structure allows USDe to remain deeply integrated with both DeFi and CeFi ecosystems.

USDe Minting and Redemption Live on HTX

With this latest launch, HTX users can now directly mint or redeem USDe on-platform via Ethena’s smart contracts, without relying on spot order books or OTC liquidity.

Key benefits include:

• Unlimited scale: No cap on the size of minting or redemption;
• Uniform costs: Minting and redemption costs remain consistent regardless of transaction size;
• Improved liquidity efficiency: Users can enter or exit USDe positions smoothly, avoiding slippage or liquidity constraints often associated with secondary markets.

This integration significantly simplifies access to USDe, offering users a more efficient and transparent way to manage exposure to Ethena’s synthetic dollar.

Daily Rewards for USDe Holders, and More

In addition to minting and redemption, users who hold USDe in their HTX spot account will be eligible for daily rewards, paid out on a weekly basis.

This mechanism allows users to earn passive returns simply by holding USDe on HTX, enhancing capital efficiency while maintaining dollar-denominated exposure.

HTX users can also participate in a range of attractive USDe-related campaigns, including:

• Upcoming APY Boost: USDe Flexible product coming soon on HTX Earn, with subscribers to enjoy up to 15% APY;
• Trading Competition: From now to February 20th, users can trade USDe to share a 10,000 USDe prize pool.

These initiatives further incentivize engagement with the USDe ecosystem and provide additional opportunities for users to benefit from its integration on HTX.

Elliot Parker, COO of Ethena Labs, commented: “HTX launching in-platform minting & redemption of USDe for stablecoins is a great example of putting users first. The feature enables users, of all sizes, to mint & redeem USDe 24/7/365, on-demand, with atomic settlement. HTX’s commitment to its users enables us to scale a better form of money together.

Commitment to User-Centric Innovation

With the launch of USDe minting, redemption, and holder rewards, HTX reinforces its core belief in putting users first through practical innovation. By working closely with Ethena, HTX is delivering infrastructure that enhances capital efficiency, improves liquidity access, and simplifies participation in advanced on-chain financial mechanisms — all within a secure and easy-to-use trading environment.

HTX remains committed to supporting high-quality crypto-native assets and building meaningful bridges between centralized platforms and next-generation DeFi innovation. Through transparent design, robust infrastructure, and a focus on real user utility, HTX continues to enable global users to engage more efficiently with the evolving digital asset ecosystem.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square, and follow HTX on X, Telegram, and Discord. 

About Ethena

Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money, USDe, alongside a globally accessible dollar savings asset, sUSDe.

Ethena’s synthetic dollar, USDe, provides the crypto-native, scalable solution for money achieved by delta-hedging Bitcoin, Ethereum and other governance-approved spot assets using perpetual and deliverable futures contracts, as well as holding liquid stables such as USDC and USDT.

USDe is fully-backed (subject to the discussion in the Risks section regarding events potentially resulting in loss of backing) and free to compose throughout CeFi & DeFi.