OKX has expanded its offerings with the launch of USDT-margined perpetual futures for two AI-focused digital assets, GRIFFAIN and ZEREBRO. The trading pairs, which go live today, December 27, 2024, will allow traders to access up to 50x leverage and enjoy reduced fees during the initial launch phase.
The rollout begins at 07:00 am UTC with GRIFFAIN, followed by ZEREBRO at 07:15 am UTC. These futures contracts will be available across OKX’s web platform, mobile app, and APIs.
GRIFFAIN is a cutting-edge platform designed to transform user intentions into actionable tasks using intelligent, personalized AI agents. The ecosystem facilitates the creation and deployment of custom AI solutions, emphasizing automation and efficiency. The perpetual futures contract for GRIFFAIN will feature a contract size of 10 and funding intervals set every four hours, with settlement in Tether (USDT).
ZEREBRO, on the other hand, offers an AI-powered solution for decentralized content creation, distribution, and analysis across social platforms. Like GRIFFAIN, its perpetual futures contract will also support up to 50x leverage and follow identical trading specifications. The platform aims to integrate autonomous AI agents into decentralized ecosystems, revolutionizing how content is managed and shared.
To mitigate volatility during the initial trading phase, OKX has capped the funding fee for both contracts at 0.03% until 4:00 pm UTC on December 27. Afterward, the fee will revert to the standard maximum of 1.5%, with subsequent funding intervals occurring every four hours.
OKX encourages traders to familiarize themselves with its perpetual futures trading guide and terms, as the contracts adhere to the same price limits as other assets on the platform.
Notably, earlier this month, OKX also launched USDT-margined perpetual futures for Virtual Protocol’s token (VIRTUAL) and the Tron-based meme coin SUNDOG. Trading for these contracts began on December 11, with VIRTUAL/USDT futures going live at 10:00 UTC, followed by SUNDOG/USDT at 10:15 UTC.
These contracts also offered leverage of up to 50x and featured funding fees of +1.50% and -1.50% every four hours. However, to stabilize early trading, OKX capped the fees at 0.03% until 16:00 UTC on the launch day, resuming the standard rates during the 20:00 UTC funding calculation. Both contracts included a tick size of 0.0001.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
