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 Starts: April 3, 2025, 1:30 PM (UTC+8)
Project Overview
Babylon enables BTC staking, connecting the BTC security network with holders to create crypto's largest decentralized community.
- Full Name: Babylon
- Ticker: BABY
👉 Track Babylon's latest price movements
About Pre-Market Trading
OKX's pre-market trading allows users to trade futures contracts for upcoming tokens before their official listing. These USDT-settled contracts typically expire when the token launches on spot markets, providing a secure platform for price discovery.
1. Contract Specifications
| Contract Detail | Specification |
|---|---|
| Underlying Index | BABY/USDT (latest transaction price) |
| Settlement Currency | USDT |
| Contract Size | 100 BABY |
| Price Quotation | USDT per 1 BABY |
| Minimum Price Movement | 0.00001 |
| Leverage | 0.01–5x |
| Trading Hours | 24/7 |
| Contract Type | Futures |
| Settlement Date | To be announced post-listing |
2. Tiered Position Limits
| Tier | Max Open (Contracts) | Maintenance Margin | Initial Margin | Max Leverage |
|---|---|---|---|---|
| 1 | 500 | 5.00% | 20.00% | 5x |
| ... | ... | ... | ... | ... |
| 12 | 50,000 | 28.00% | 33.33% | 3x |
3. User Position Caps
| User Type | Position Limit (Contracts) |
|---|---|
| Designated Market Makers | 50,000 |
| Regular Users | 4,000 |
Getting Started
Fund your USDT account to prepare for BABY/USDT pre-market trading.
👉 Deposit USDT now for seamless trading
FAQ
Q: What risks should I consider with pre-market trading?
A: Note that token issuance plans may change, affecting supply and price volatility. Pre-market prices don't guarantee future listing prices.
Q: Will BABY definitely list on OKX spot markets?
A: Listing isn't guaranteed. Monitor our official announcements for updates.
Q: Can OKX suspend pre-market trading?
A: Yes, OKX reserves the right to halt trading as outlined in our terms.
Risk Disclosure:
- Token metrics are subject to change, potentially impacting market stability.
- Pre-market prices reflect speculative demand, not final listing valuations.
- Listing on spot markets isn't assured.
OKX may suspend pre-market contracts at its discretion. Refer to our policies for full details.
We’re committed to delivering exceptional products and services!
The OKX Team
April 3, 2025
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