Woofun AI reports that Bitget has introduced the MINIMAXHKDUSDT contract, marking its first TradFi Quanto perpetual product. This instrument allows traders to access Hong Kong-listed equities denominated in non-US currencies using USDT for margin and settlement, thereby bypassing foreign exchange conversion steps. The contract supports up to 20x leverage and operates on a 24/7 basis. While priced in Hong Kong dollars, the use of USDT for profit and loss calculations aims to reduce exposure to currency fluctuation risks. TokenInsight data indicates that TradFi perpetual contracts expanded rapidly, with monthly volume rising from $52 billion in January to $268 billion in June 2026. In the second quarter, Bitget processed approximately $69 billion in this segment, capturing an 11.01% market share and ranking second industry-wide.