OKX to list perpetual futures for GOAT crypto
We are pleased to announce that USDT-margined perpetual futures for GOAT will be enabled at 9:00 am UTC on October 24, 2024.
The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
GOAT/USDT perpetual futures trading will open at 9:00 am UTC on October 24, 2024.
II. Perpetual futures trading
GOATUSDT perpetual futures:
Goatseus Maximus was a memecoin spawned as an idea from a semi-autonomous AI agent twitter account known as Terminal of Truths.
Project name：Goatseus Maximus
Project ticker：GOAT
Official website：https://goatchan.xyz/
Features | Details |
Underlying | GOAT/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 GOAT value calculated in USDT equivalent |
Tick size | 0.0001 |
Leverage | 0.01-20x |
Funding fee | Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Trading hours | 24/7 |
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 October 24, 2024 is 0.03%. After 4:00 pm UTC on October 24, 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 October 24, 2024.)
The price limit rules of GOAT 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
October 24, 2024