OKX announces the listing of NAVX (NAVI Protocol) on its spot trading markets. Below are the key details for traders:
Listing Timeline
- NAVX Deposits Open: 6:00 am UTC on March 25, 2025
- Call Auction Period: 9:00β10:00 am UTC on March 25, 2025
- NAVX/USDT Spot Trading Begins: 10:00 am UTC on March 25, 2025
- NAVX Withdrawals Open: 10:00 am UTC on March 26, 2025
Spot Market Risk Control Rules
Order Limits (First 5 Minutes)
To mitigate volatility risks:
- β Market orders disabled
- β³ Limit order cap: $10,000 per order
- π Net position limit: $10,000 per user
Restrictions lift automatically after 5 minutes.
Price Limit Rules
- Closing Price-Based Limits (applied until stable index price is available):
| Phase | Maximum Bid Price | Minimum Ask Price |
|----------------------|--------------------------------------------|-------------------|
| First 1 minute | Call auction price Γ (1 + H) | No limit |
| Minutes 1βN | Previous minuteβs closing price Γ (1 + H) | No limit |
| After N minutes | No limit | No limit |
- Index-Based Limits (applied post-stable index):
| Phase | Maximum Bid Price | Minimum Ask Price |
|----------------------|--------------------------------|----------------------------------|
| First 10 minutes | Index Γ (1 + X) | Index Γ (1 β X) |
| After 10 minutes | Min/Max(Index, adjusted ranges)| Min/Max(Index, adjusted ranges) |
π Learn more about trading rules
Note: Parameters (N, H, X, Y, Z) may adjust without prior notice.
Call Auction Mechanism
NAVX/USDT listing will use a 1-hour call auction to determine the opening price. Key rules:
- π Buy order cap: $50,000 per user during auction
- β° Final 5 minutes: Orders can be placed but not canceled/modified
The project teamβs suggested opening price (for chart display only) does not affect execution prices.
NAVI Protocol Overview
NAVI Protocol is a modular DeFi infrastructure on Sui, offering:
- π¦ Lending services
- π DEX aggregation
- π Liquid Staking (LSDeFi)
Token Details:
- Ticker: NAVX
- Total Supply: 1,000,000,000
- Contract:
0xa99b8...4b5::navx::NAVX
Deposit USDT for Trading
Prepare your USDT balance to trade NAVX/USDT pairs.
Risk Disclaimer
Digital assets are speculative and volatile. Conduct independent research and assess risk tolerance before trading. OKX is not liable for investment losses.
π Explore OKXβs terms and policies
FAQs
1. When does NAVX spot trading start?
NAVX/USDT trading begins at 10:00 am UTC on March 25, 2025.
2. Are there order limits during listing?
Yes, for the first 5 minutes: limit orders capped at $10,000, with no market orders allowed.
3. What is NAVI Protocol?
A modular DeFi platform on Sui, providing lending, DEX aggregation, and liquid staking solutions.
4. How is the opening price determined?
Via a 1-hour call auction; team-suggested prices are informational only.
5. Can I withdraw NAVX immediately after listing?
Withdrawals open at 10:00 am UTC on March 26, 2025.
OKX Team
March 25, 2025
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### Optimizations:
- Structured headings for readability
- Natural keyword integration
- Removed promotional links (retained only OKX anchor)