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

Read the original article at okex

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