As a seasoned researcher with a keen interest in both cryptocurrencies and artificial intelligence, I find the latest move by OKX to be incredibly intriguing. The launch of USDT-margined perpetual futures for AI projects GRIFFAIN and ZEREBRO is a testament to the growing significance of AI in the crypto space.
On December 27, 2024, OKX is set to debut USDT-margined perpetual contracts for AI ventures Griffain and Zerebro, offering 50 times leverage and lower trading fees.
On the horizon, OKX is set to debut USDT-margined futures contracts for two innovative digital assets, GRIFFAIN and ZEREBRO, both centered around artificial intelligence technologies. The rollout begins today at 7:00 am UTC for GRIFFAIN and continues at 7:15 am UTC for ZEREBRO. Users can access the launch through OKX’s web platform, mobile app, or API.
GRIFFAIN is an AI-driven platform that converts user’s intentions into tasks using intelligent, customizable AI agents. This platform facilitates the creation and deployment of tailored AI agents within its system for automation purposes. Traders can open perpetual futures contracts on GRIFFAIN with up to 50 times leverage, starting from 0.01x. These contracts will be settled in Tether (USDT). Each contract represents a unit size of 10, and the funding interval is set at 4 hours.
ZEREBRO serves as an AI-driven platform, facilitating the creation, sharing, and analysis of content across various social networks in a decentralized manner. Similar to GRIFFAIN, this platform offers trading specifications with a leverage range spanning from 0.01x to 50x, settling transactions using USDT. By doing so, ZEREBRO empowers autonomous AIs to seamlessly collaborate within decentralized content environments.
To minimize market fluctuations during the initial trading period, OKX will temporarily waive the funding fee for both perpetual futures contracts, setting it at 0.03% until December 27th, 4:00 PM UTC. Once the introductory phase ends, the maximum funding fee will revert to its original rate of 1.5%. Following this adjustment, funding fees will be applied every four hours. The first post-adjustment fee will be utilized at 8:00 PM UTC on the same day the platform is activated.
As an analyst, I’m observing a consistent pattern in OKX’s strategy: they are expanding their selection of Perpetual Futures to cater to the growing interest in AI-focused cryptocurrencies. Given this development, it would be advantageous for traders like myself to familiarize ourselves with OKX’s guidelines and terms specifically related to Perpetual Futures trading. It’s important to note that these contracts adhere to the same price limitations applied across all other digital assets traded on the platform.
Based on information from CryptoSlate, it appears that the artificial intelligence (AI) sector of cryptocurrencies has seen increased attention, as there was a 4.68% increase in total market capitalization over the past week, amounting to approximately $32.63 billion.
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2024-12-27 08:00