Dear OKX Users,
We're excited to announce the listing of USDG (Global Dollar) for spot trading. Below are the key timelines:
Key Listing Schedule
- USDG Deposits Open: June 4, 2025, 2:00 PM (UTC+8)
- Pre-Trading Period: June 5, 2025, 8:00-9:00 PM (UTC+8)
- USDG/USDT Spot Trading Begins: June 5, 2025, 9:00 PM (UTC+8)
- USDG Withdrawals Open: June 5, 2025, 11:00 PM (UTC+8)
๐ Get ready for USDG trading now
Spot Trading Risk Control Measures
Order Restrictions (First 5 Minutes):
- No market orders permitted
- Maximum limit order amount: $10,000 per order
- Maximum net position per user: $10,000
These restrictions will automatically lift after 5 minutes.
Price Limit Rules
Closing Price-Based Limits:
| Phase | Buy Order Cap | Sell Order Floor |
|---|---|---|
| First minute | Auction price ร (1+H) | No restriction |
| Minutes 1-N (pre-index) | Previous minute's close ร (1+H) | No restriction |
| Post-N minutes | No restriction | No restriction |
Index-Based Limits:
| Phase | Buy Order Cap | Sell Order Floor |
|---|---|---|
| First 10 minutes | Index ร (1+X) | Index ร (1-X) |
| After 10 minutes | Complex dynamic formula | Complex dynamic formula |
Parameters (N,H,X,Y,Z) may adjust without notice.
About the Opening Auction Mechanism
The USDG/USDT listing will feature:
- 60-minute auction period
- User buy limits: $50,000 maximum per account
- Final 5 minutes: Limit orders only (no modifications/cancellations)
๐ Learn more about auction trading
Note: The project's reference opening price doesn't affect user order execution.
Project Overview
Global Dollar (USDG) is a USD-pegged stablecoin operating on Ethereum and Solana blockchains. Key features:
- Fully regulated issuance
- 1:1 USD-backed reserves
- Wide exchange/wallet compatibility
Token Details:
- Full Name: Global Dollar
- Ticker: USDG
- Contract: 2u1tszSeqZ3qB... (Solana)
FAQ Section
Q: When can I withdraw USDG?
A: Withdrawals open at 11:00 PM UTC+8 on June 5, 2025.
Q: Are there trading fee discounts for USDG?
A: Standard spot trading fees apply. Check our Fee Schedule for details.
Q: What's the minimum order amount?
A: Minimum order value is $10 equivalent in USDG.
Q: How is USDG different from other stablecoins?
A: USDG offers multi-chain functionality with regulated transparency.
Ready to trade? ๐ Deposit USDT now
The OKX Team
June 4, 2025