OKX, a prominent crypto exchange, is set to launch USDT-margined perpetual futures for two new digital assets, GRIFFAIN and ZEREBRO, on December 27, 2024. These projects are focused on artificial intelligence applications and aim to revolutionize the way users interact with AI technology. The perpetual futures will offer traders up to 50x leverage and reduced fees, making them an attractive investment option for those looking to capitalize on the growing AI market.
GRIFFAIN is an AI-powered platform that allows users to create personalized AI agents to automate tasks and streamline processes. Traders can open GRIFFAIN perpetual futures with leverage ranging from 0.01x to 50x, settled in Tether (USDT). The contract size is 10, with a funding interval of 4 hours, providing flexibility and convenience for traders looking to capitalize on the potential of AI technology in the financial markets.
ZEREBRO, another AI platform, focuses on decentralized content creation, distribution, and analysis on social platforms. Like GRIFFAIN, ZEREBRO perpetual futures offer leverage options from 0.01x to 50x, settled in USDT. The platform aims to empower autonomous AIs to integrate seamlessly into decentralized content ecosystems, driving innovation and efficiency in content creation and distribution.
To mitigate the impact of market volatility during the initial trading phase, OKX will cap the funding fee for both perpetual futures at 0.03% until 4:00 pm UTC on December 27. After this period, the maximum funding fee will revert to the standard 1.5% maximum. Funding fees will be applied every four hours thereafter, ensuring a fair and transparent trading environment for users.
The decision to list GRIFFAIN and ZEREBRO perpetual futures aligns with OKX’s commitment to expanding its product offerings in response to the growing demand for AI-themed crypto assets. Traders are urged to familiarize themselves with OKX’s perpetual futures trading guide and terms, as the contracts adhere to the same price limits as other digital assets on the platform. The AI crypto space has seen significant growth, with a 4.68 percent increase in overall market cap over the last 7 days, reaching $32.63 billion, highlighting the potential for AI projects in the crypto market.
In conclusion, the launch of GRIFFAIN and ZEREBRO perpetual futures on OKX presents a unique opportunity for traders to capitalize on the growing trend of AI-focused projects in the crypto space. With high leverage options, reduced fees, and a focus on automation and decentralization, these projects are positioned to attract significant interest from investors looking to diversify their portfolios with AI-themed assets. As the AI market continues to evolve, OKX’s listing decisions demonstrate its commitment to providing innovative investment opportunities for its users.