OKX has announced its upcoming listing of Hamster Kombat (HMSTR) for spot trading, reinforcing its commitment to expanding meme coin offerings. The exchange will enable HMSTR spot trading starting September 26, 2024, alongside USDT-margined pre-market futures launching a day earlier on September 25.
What Is Hamster Kombat?
Hamster Kombat is a tap-to-earn Telegram game with a crypto exchange simulator twist. Players become CEOs of a virtual crypto exchange, strategizing to scale their platforms and earn in-game coins. These coins unlock upgrades to boost exchange performance, blending gaming with crypto economics.
Key Features:
- Telegram-based gameplay with low entry barriers.
- Crypto exchange simulation for experiential learning.
- Earn-to-upgrade mechanics fostering engagement.
Pre-Market Futures: Key Details
OKX’s pre-market futures for HMSTR include structured safeguards to manage volatility and risk:
Delivery Pricing
- Actual Delivery Price: Hourly average index price before delivery.
- Estimated Delivery Price: Rolling hourly index average.
Position Limits (Pre-Delivery)
- Users cannot increase positions within 60 minutes of delivery.
Allowed actions: Closing/reverse orders to reduce exposure.
- Hedge mode: Close orders only.
- One-way mode: Reduce-only or reverse orders.
Settlement Fees
- 1% fee, subject to future adjustments by OKX.
Price Limits
- Post-listing: Buy orders capped at +15% of hourly mid-price; sell orders floored at -15%.
- Pre-delivery (60 mins): Tightened to ±5% of mid-price.
Post-delivery, contracts settle at the arithmetic average of last-hour trades. Orders auto-cancel, and positions >$10,000 face a 30-minute transfer hold.
👉 Explore HMSTR trading on OKX
Risk Management Tips
- Reduce leverage ahead of delivery.
- Close positions early to avoid volatility.
- Monitor OKX’s official updates for real-time changes.
FAQs
When does HMSTR spot trading start?
Spot trading begins September 26, 2024, on OKX.
What are HMSTR pre-market futures?
USDT-margined contracts tradable from September 25, settling into spot post-delivery.
How are delivery prices calculated?
They’re derived from the hourly average index price before delivery.
Disclaimer: This content is informational only. Cryptocurrency investments carry risks; always conduct independent research.
👉 Start trading HMSTR on OKX today
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