OKX will introduce USDT-margined perpetual futures with 50x leverage and lower fees for the AI projects GRIFFAIN and ZEREBRO.Â
Cryptocurrency exchange OKX will introduce USDT-margined perpetual futures for two new digital assets centered on artificial intelligence applications, GRIFFAIN and ZEREBRO.
The listings for GRIFFAIN and ZEREBRO will go live today at 7:00 and 07:15 am UTC, respectively. The launch will be supported by OKX’s mobile app, web platform, and API.
GRIFFAIN is an AI-powered platform that lets customers employ its intelligent, customized AI agents to turn their intents into tasks.
Within its ecosystem, the platform is made to enable users to create and implement unique AI agents specifically for automation.
GRIFFAIN perpetual futures, which will be paid in Tether, can be opened by traders with leverage up to 50x from 0.01x.
The financing interval is four hours, and the contract size is ten. An AI platform called ZEREBRO makes it possible to create, distribute, and analyze content on social media networks in a decentralized manner.
The trading parameters of the perpetual futures contract are similar to those of GRIFFAIN, with a USDT settlement option and a leverage range of 0.01x to 50x.
Autonomous AIs can more easily integrate into decentralized content ecosystems thanks to ZEREBRO.Â
Until December 27, 4:00 PM UTC, OKX will keep the funding cost for both perpetual futures at 0.03% in order to lessen the impact of market volatility during the first trading phase.
The maximum fundraising charge will return to its typical 1.5% following this first period. After this adjustment, funding fees will be applied every four hours.
The first post-adjustment fee is scheduled to be used at 8:00 pm UTC on the day the platform is added.
The listing choices align with OKX’s ongoing intentions to expand its perpetual futures product line in response to the growing demand for cryptocurrency assets with AI themes.
Since the perpetual contracts adhere to the same price constraints as any other digital asset traded on the platform, traders should read the exchange’s insights regarding perpetual futures trading terms and guidance.
With a 4.68 percent increase in market capitalization over the past seven days, valued at $32.63 billion, CryptoSlate claims that the AI crypto field exhibits diversified interest.
