OKX to list perpetual futures for NEIROETH, BRETT, CAT crypto
We are pleased to announce that USDT-margined perpetual futures for NEIROETH, BRETT, CAT will be enabled between 10:00 am to 10:30 am UTC on September 6, 2024.
The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
NEIROETH/USDT perpetual futures trading will open at 10:00 am UTC on September 6, 2024.
BRETT/USDT perpetual futures trading will open at 10:15 am UTC on September 6, 2024.
CAT/USDT perpetual futures trading will open at 10:30 am UTC on September 6, 2024.
II. Perpetual futures trading
NEIROETHUSDT perpetual futures:
Official website：https://www.neirocoin.xyz/
Contract address：0xee2a03aa6dacf51c18679c516ad5283d8e7c2637
Features | Details |
Underlying | NEIROETH/USDT index |
Settlement crypto | USDT |
Face value | 100 |
Price quotation | 1 NEIROETH value calculated in USDT equivalent |
Tick size | 0.00001 |
Leverage | 0.01-20x |
Funding fee | Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Trading hours | 24/7 |
BRETTUSDT perpetual futures:
Official website：https://www.basedbrett.com/
Contract address：0x532f27101965dd16442e59d40670faf5ebb142e4
Features | Details |
Underlying | BRETT/USDT index |
Settlement crypto | USDT |
Face value | 100 |
Price quotation | 1 BRETT value calculated in USDT equivalent |
Tick size | 0.00001 |
Leverage | 0.01-50x |
Funding fee | Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Trading hours | 24/7 |
CATUSDT perpetual futures:
Contract address：0x6894CDe390a3f51155ea41Ed24a33A4827d3063D
Features | Details |
Underlying | CAT/USDT index |
Settlement crypto | USDT |
Face value | 100000 |
Price quotation | 1 CAT value calculated in USDT equivalent |
Tick size | 0.00000001 |
Leverage | 0.01-20x |
Funding fee | Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Trading hours | 24/7 |
III. Index weights and constituents
NEIROETHUSDT perpetual futures:
Index constituents | Weightage |
Bybit | 42.86% |
Gate | 28.57% |
MEXC | 28.57% |
BRETTUSDT perpetual futures:
Index constituents | Weightage |
Bybit | 42.86% |
Gate | 28.57% |
Kucoin | 28.57% |
CATUSDT perpetual futures:
Index constituents | Weightage |
Gate | 25.00% |
MEXC | 25.00% |
Kucoin | 25.00% |
BitMart | 25.00% |
Note: When a new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding fee before 4:00 pm UTC on September 6, 2024 is 0.03%. After 4:00 pm UTC on September 6, 2024, the upper limit of the predicted funding fee will be adjusted back to normal 1.50%. (The funding fee for this period will be charged at 8:00 pm UTC on September 6, 2024.)
The price limit rules of NEIROETH, BRETT, CAT USDT-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details.
USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement
OKX team
September 6, 2024