What is HSK?
HSK is the native utility and ecosystem token of the HashKey Group, a regulated crypto financial services firm based in Hong Kong. Built on Ethereum (ERC‑20), it is designed to be used across HashKey's exchange, asset management, tokenization, staking, and its upcoming Layer-2 blockchain (HashKey Chain).
Tokenomics & Use Cases:
The total supply is capped at 1 billion HSK:
65% allocated to ecosystem growth,
30% to team incentives,
5% to reserves. Distribution includes user rewards, marketing, business development, and employee incentives.
Burn Mechanism:
HashKey commits to using 20% of its net profits to buy back and burn HSK, effectively reducing circulating supply and aiming to enhance long-term token value.
Regulatory Strength:
HashKey operates under strict compliance with licenses in Hong Kong, Bermuda, and Japan, positioning itself as a "regulated leader" in the Web3 space, which boosts HSK’s credibility and long-term sustainability.
Market Status (as of June 2025):
Current Price: ~$0.786 USD
Launch Price (Nov 2024): Peaked around ~$1.5 USD
Trend: Downtrend after launch, currently stabilizing
