Dear OKX Users,
We're excited to announce the launch of BABY (Babylon) pre-market trading. Below are the key details:
Trading Schedule
- BABY/USDT Pre-Market Trading Start: April 3, 2025, 1:30 PM (UTC+8)
๐ Start Pre-Market Trading Now
Project Overview
Babylon enables BTC staking, connecting the BTC security network with BTC holders to create one of cryptocurrency's largest and most robust communities.
- Full Name: Babylon
- Ticker: BABY
About Pre-Market Trading
OKX Pre-Market Trading allows users to trade delivery contracts for upcoming tokens. These USDT-settled futures contracts typically settle before new tokens launch on spot markets, providing a secure platform for price discovery.
1. Pre-Market Contract Specifications
| Contract Element | Details |
|---|---|
| Underlying | BABY/USDT Index (latest transaction price) |
| Settlement Currency | USDT |
| Contract Size | 100 BABY |
| Price Quotation | USDT price per 1 BABY |
| Minimum Price Movement | 0.00001 |
| Leverage | 0.01~5x |
| Trading Hours | 24/7 |
| Contract Type | Delivery Contract |
| Settlement Time | To be announced |
2. Position Limits
Tiered Position Limits
| Tier | Max Positions | Maintenance Margin | Initial Margin | Max Leverage |
|---|---|---|---|---|
| 1 | 500 | 5.00% | 20.00% | 5x |
| 2 | 4,000 | 15.00% | 25.00% | 4x |
| ... | ... | ... | ... | ... |
User Position Limits
| User Type | Position Limit |
|---|---|
| DMM Users | 50,000 |
| Non-DMM Users | 4,000 |
Getting Started
Deposit USDT to prepare for BABY/USDT pre-market trading:
๐ Deposit USDT to Your OKX Account
Risk Disclosure
- Token issuance plans remain uncertain - total supply may change, potentially causing price volatility.
- Pre-market prices reflect market activity and may not match final token prices.
- OKX doesn't guarantee eventual spot market listing.
OKX reserves the right to suspend pre-market trading at any time. For details, review our Terms of Service and Risk Disclosures.
FAQ
What is pre-market trading?
Pre-market trading allows users to trade futures contracts for tokens before their official spot market listing.
When will BABY officially list?
The official listing date will be announced separately. Pre-market contracts typically settle around the spot listing.
What leverage is available?
BABY pre-market contracts offer 0.01~5x leverage, with tiered position limits.
How are prices determined?
Prices are set by market participants and may differ from eventual spot prices.
Can I withdraw profits before settlement?
Yes, unrealized profits can be withdrawn before contract settlement.
OKX continues to deliver superior products and services!
The OKX Team
April 3, 2025