Due to updated timing for the DOGS issuance, OKX has revised the spot trading schedule and pre-market futures delivery for DOGS. Below are the key updates:
Revised Trading Schedule for DOGS
- Deposits Open: 9:00 am UTC, August 14, 2024
- Call Auction: 11:00 am – 12:00 pm UTC, August 26, 2024
- Spot Trading Begins (DOGS/USDT): 12:00 pm UTC, August 26, 2024
- Withdrawals Open: 10:00 am UTC, August 27, 2024
Project Overview
DOGS is inspired by Spotty, the official TON mascot created by Telegram founder Pavel Durov, symbolizing the community’s vibrant culture.
- Asset Name: Dogs
- Ticker: DOGS
- Total Supply: 550,000,000,000
- Contract Address: View on TON Explorer
Pre-Market Futures Delivery Details
USDT-margined futures for DOGS will be delivered at 4:00 am UTC on August 26, 2024:
1. Delivery Time
- Contracts typically deliver 24 hours before spot listing. Adjustments follow any changes to the listing schedule.
2. Delivery Price
- Final Price: Average index price over the last hour before delivery (calculated every 200ms).
- Index Sources: OKX pre-market prices + potential external exchange data.
- OKX reserves the right to adjust prices for market anomalies.
3. Position Limits
- Last Hour Before Delivery: No new positions; only reduce-only/reverse orders allowed.
- Hedge Mode: Close orders only.
- One-Way Mode: Orders must not exceed current position size.
4. Settlement & Fees
- Settlement Fee: 1% (subject to change).
Price Limits:
- Post-contract generation: ±15% from hourly mid-price.
- Last 60 minutes: ±5% from hourly mid-price.
5. Post-Delivery Rules
- 30-Minute Transfer Hold: Applies to positions > $10,000 USD at delivery.
- Data backups available via OKX Report Center.
Risk Management
👉 Monitor leverage and close positions early to mitigate pre-delivery volatility.
FAQs
Q1: When can I start trading DOGS on OKX?
A: Spot trading opens at 12:00 pm UTC on August 26, 2024.
Q2: How is the futures delivery price determined?
A: It’s the average index price from the last hour before delivery, sampled every 200ms.
Q3: Can I increase my futures position before delivery?
A: No. Only reduce-only orders are permitted in the final hour.
Q4: What happens if prices fluctuate abnormally before delivery?
A: OKX may adjust the delivery price to reflect fair market conditions.
Q5: Are there fees for futures settlement?
A: Yes—1% fee, unless updated via official notice.
Q6: How long are withdrawals restricted post-delivery?
A: 30 minutes for accounts holding > $10,000 USD in positions.
Final Notes
For further assistance, contact OKX via Live Support.
Last Updated: August 21, 2024