Decentralized exchange Switcheo has welcomed the Huobi mining pool as a validator on its network, according to an announcement made on August 17.

• Huobi mining pool joined Switcheo TradeHub network, the latter being an open source order matching engine build on Tendermint
• Staking with Huobi mining pool will begin on August 19
• Staked SWTH will be returned with rewards after 30 days
• A total of 13980000 SWTH has already been staked on other pools
• The SWTH token’s price has jumped 22% in the past 24 hours, valued at $0.065 at the time of publishing