OKX to list perpetual futures for AVAAI, BUZZ, PIPPIN crypto
We are pleased to announce that USDT-margined perpetual futures for AVAAI, BUZZ, PIPPIN will be enabled at 11:00~11:30 am UTC on January 27, 2025.
The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
AVAAIUSDT perpetual futures trading will open at 11:00 am UTC on January 27, 2025.
BUZZUSDT perpetual futures trading will open at 11:15 am UTC on January 27, 2025.
PIPPINUSDT perpetual futures trading will open at 11:30 am UTC on January 27, 2025.
II. Perpetual futures trading
AVAAI perpetual futures:
Ava is the first AI Agent to be built on HoloworldAI.
Asset name: Ava AI
Ticker: AVAAI
Website: https://www.holoworld.com/
Twitter: https://x.com/AVA_holo
Features | Details |
Underlying | AVAAI/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 AVAAI 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), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Funding interval | 4 hours |
Trading hours | 24/7 |
BUZZ perpetual futures:The Hive is a network of composable DeFi agents that coordinate to take on and off-chain actions.
Asset name: Hive AI
Ticker: BUZZ
Website: https://www.askthehive.ai/
Twitter: https://x.com/askthehive_ai
Features | Details |
Underlying | BUZZ/USDT index |
Settlement crypto | USDT |
Face value | 100 |
Price quotation | 1 BUZZ 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), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Funding interval | 4 hours |
Trading hours | 24/7 |
PIPPIN perpetual futures:Pippin is an AI memecoin, named "Pippin" by ChatGPT, this image became the face of a new meme coin on Solana.
Asset name: Pippin
Ticker: PIPPIN
Website: https://pippin.love/
Twitter: https://x.com/pippinlovesyou
Features | Details |
Underlying | PIPPIN/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 PIPPIN 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), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Funding interval | 4 hours |
Trading hours | 24/7 |
Note: To avoid unreasonable fees arising from significant premium fluctuations of a newly launched contract, the upper limit of the funding fee before 4:00 pm UTC on January 27, 2025 is 0.5%. After 4:00 pm UTC on January 27, 2025, the upper limit of the predicted funding fee will be adjusted back to the regular rate of 1.5%. (The funding fee for this period will be charged at 8:00 pm UTC on January 27, 2025.) If there is a deviation from the contract price, the funding fee limit will be adjusted according to market conditions.
The price limit rules of AVAAI, BUZZ, PIPPIN 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
January 27, 2025