Cryptocurrency exchange OKX today introduced USDT-margined perpetual futures contracts for two AI-focused digital assets: GRIFFAIN and ZEREBRO.
- GRIFFAIN, an AI-powered platform enabling users to create and deploy customized AI agents for automation, will have its futures contract listed at 7:00 AM UTC.
- ZEREBRO, an AI platform for decentralized social media content creation and analysis, will follow at 7:15 AM UTC.
Both listings will be available on the OKX mobile app, web platform, and API.
Key Features:
- Leverage: Traders can leverage up to 50x for both GRIFFAIN and ZEREBRO perpetual futures, with a minimum leverage of 0.01x.
- Funding Rate: To mitigate initial market volatility, the funding rate for both contracts will be fixed at 0.03% until 4:00 PM UTC on December 27th. After this period, the maximum funding rate will revert to the standard 1.5%, applied every four hours.
- Contract Size: 10 for both contracts.
- Settlement: USDT.
AI Crypto Market Growth:
According to CryptoSlate, the AI crypto sector has seen significant growth, with a 4.68% increase in market capitalization over the past seven days, reaching $32.63 billion.
OKX’s Commitment to AI:
This launch demonstrates OKX’s commitment to expanding its perpetual futures offerings to cater to the growing demand for AI-themed cryptocurrencies.
December 2024, Cryptoniteuae
📧 The Gulf reads Cryptonite first
Get MENA regulation moves, RWA deals and AI-money trends in one weekly brief — plus instant alerts when the MENA Regulation Tracker changes. Free, no spam.
Was this briefing useful?Thanks for the feedback!
