HTX Exchange Lists Kaspa (KAS) With Leverage Trading

HTX exchange will list Kaspa (KAS) on December 24, 2025, according to an official announcement from the platform. The listing includes spot trading for the KAS/USDT pair and isolated margin trading with 10x leverage, marking another expansion point for the GHOSTDAG-based blockchain.

According to the HTX announcement, KAS deposits opened at 15:00 UTC on December 19, 2024. Spot trading for KAS/USDT will begin at 09:00 UTC on December 24, 2025, with withdrawals enabled at 09:00 UTC on December 25, 2025. HTX Leverage will also add isolated margin trading for KAS/USDT with 10x leverage at the same time spot trading begins.

What Is Kaspa and How Does It Work?

Kaspa operates as a decentralized Layer-1 blockchain built on the GHOSTDAG protocol. This protocol represents a different approach to handling parallel blocks compared to traditional blockchain architecture. Where conventional blockchains typically orphan or discard blocks created simultaneously, GHOSTDAG allows these parallel blocks to coexist and orders them through a consensus mechanism.

The GHOSTDAG protocol processes blocks as a directed acyclic graph (DAG) rather than a single linear chain. This structure enables Kaspa to maintain high transaction throughput while preserving the security properties of proof-of-work consensus. The network can process multiple blocks per second, with each block adding to the overall network security rather than competing for inclusion.

This architectural choice affects how Kaspa handles scalability. The network does not rely on reducing block time or increasing block size alone. Instead, the DAG structure allows the network to process transactions across multiple simultaneous blocks, distributing the transaction load more efficiently than a traditional single-chain design.

Recent Infrastructure Developments

The HTX listing comes after several infrastructure announcements from the Kaspa ecosystem.

Navigate: A Kaspa-Specific Web3 Browser

Kaspa developer @gptcrypto89 is building Navigate, a Web3 browser designed specifically for the Kaspa ecosystem. The browser functions as a local, open-source client that consolidates several tools into a single interface.

Navigate includes:

• Multi-wallet support for managing different Kaspa addresses
• On-chain DNS functionality for KNS domains
• Built-in AI assistant for user queries
• On-chain chat capabilities
• Wallet and asset management tools

The browser runs locally on user devices rather than connecting to centralized servers. This design reduces dependence on third-party services and gives users direct access to Kaspa applications without intermediary platforms.

K Social Development Update

Developer TheSheepCat is preparing to launch K Social, a decentralized social platform built on Kaspa mainnet. The application runs entirely through local components, which affects how content moderation and access control work.

The platform architecture includes:

• A local K app available for desktop, Android, or as a local webapp
• A local K-indexer for processing and organizing content
• A locally run Kaspa node for blockchain interaction

Because all components can operate on user devices without connecting to centralized servers, no single entity can remove posts or restrict access to the platform. TheSheepCat has already published the first K Social content on mainnet as a test ahead of the public release.

This approach to social media creates different tradeoffs than centralized platforms. Users gain censorship resistance and control over their data but must run local infrastructure to participate. The model works similarly to how Bitcoin full nodes operate, where users who run their own nodes have complete verification capabilities without trusting third parties.

What Does the HTX Listing Mean for Kaspa?

Exchange listings typically increase liquidity and accessibility for cryptocurrency projects. HTX operates as a centralized exchange with spot and margin trading services, giving KAS holders another venue for trading beyond existing options.

The addition of 10x isolated margin trading provides leverage options for traders who want to take larger positions relative to their capital. Isolated margin limits risk to the specific trading pair rather than affecting a user's entire account balance, which differs from cross-margin trading where all positions share collateral.

The listing schedule spreads deposit, trading, and withdrawal functionality across several days. This staged rollout allows the exchange to monitor system performance and liquidity before enabling all features simultaneously.

Conclusion

HTX's listing of Kaspa on December 24, 2025, adds another trading venue for the GHOSTDAG-based blockchain. The exchange will offer spot trading and 10x isolated margin for KAS/USDT, with deposits already open and withdrawals scheduled for December 25. 

Recent ecosystem developments include a multi-chain EVM bridge connecting Kaspa to BNB Chain and other networks, the Navigate Web3 browser for streamlined access to Kaspa applications, and K Social, a decentralized social platform approaching mainnet launch. These infrastructure additions expand Kaspa's technical capabilities while maintaining the network's focus on high-throughput transaction processing through its DAG-based architecture.

Resources

1. Kaspa on X platform: Posts (November, 2025 - December, 2025)

2. Kaspa Hub on X: Posts (November, 2025 - December, 2025)

3. Announcement by HTX: HTX Will List KAS (Kaspa) on December 24, 2025