OKX has announced the introduction of USDT-margined pre-market perpetual futures for Kite AI (KITE), set to go live at 12:30 pm UTC on October 29, 2025. This update will be accessible via both the web and app interfaces, as well as through the API. More details can be found here.

Kite AI represents a pioneering Layer 1 blockchain designed specifically for the ‘agentic internet.’ This platform facilitates AI agents in transacting, collaborating, and settling on-chain with verifiable identity, programmable rules, and secure transactions.

Understanding OKX Pre-Market Futures

OKX Pre-market Futures allows traders to engage in perpetual futures on cryptocurrencies that have not yet been officially listed. These futures are USDT-margined and typically transition to standard perpetual futures once the cryptocurrency is listed on the spot market. This feature aims to provide a secure and reliable platform for users to participate in the price discovery of new cryptocurrencies.

The KITE/USDT index will serve as the underlying for these contracts, with a face value of 10 KITE. The futures will be quoted based on the USDT price of 1 KITE, and traders can leverage between 0.01x to 20x. The funding rate is fixed at a daily rate of 0.03%, with settlements occurring every four hours. Trading is available 24/7, although the conversion date to standard perpetual futures remains undetermined.

Risk Considerations and Trading Guidelines

Traders should be aware that the crypto project team has not confirmed the issuance plan for KITE, and the total supply remains uncertain. Fluctuations in issuance volume could lead to market price volatility. It is crucial for users to stay informed about market conditions, exercise risk control, and trade cautiously.

Prices in the pre-market futures are determined by market behavior and may not accurately reflect the actual listing price of the new cryptocurrency. Additionally, there is no guarantee that KITE will be listed on the spot market. OKX reserves the right to suspend trading in pre-market conditions at any time at its discretion.

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