OKX Launches Perpetual Futures for GRIFFAIN and ZEREBRO

OKX will launch USDT margin perpetual futures for AI projects GRIFFAIN and ZEREBRO on December 27, 2024, with 50x leverage and reduced fees.

Crypto exchange OKX will launch USDT margined perpetual futures for GRIFFAIN and ZEREBRO projects, two new digital assets focused on artificial intelligence applications. Listings will begin today at 07:00 UTC for GRIFFAIN and 07:15 UTC for ZEREBRO. Support for the launch will be provided through OKX’s web platform, mobile app and API.

GRIFFAIN is an AI-powered platform that enables users to translate intentions into tasks through intelligent, personalized AI agents. The platform is designed to allow users to create and deploy custom AI agents for automation purposes within its ecosystem. Traders can open GRIFFAIN perpetual futures on Tether (USDT) with leverage from 0.01x to 50x. The contract size is 10 and the financing interval is 4 hours.

ZEREBRO is an artificial intelligence platform that enables decentralized content creation, distribution and analysis on social platforms. The perpetual futures contract has common trading features with GRIFFAIN, including a leverage range of 0.01x to 50x with the option to settle in USDT. ZEREBRO enables autonomous AIs to better integrate into decentralized content ecosystems.

To reduce the impact of market volatility in the initial phase of trading, OKX will limit the funding fee for both futures transactions to 0.03% until 16:00 UTC on December 27. After this introductory phase, the maximum funding fee will revert to the normal maximum of 1.5%. Funding fees will be applied every four hours following this adjustment and the first post-adjustment fee will be used at 20:00 UTC on the day the platform is added.

The listing decisions are consistent with OKX’s ongoing plans to continually add to its futures items in response to growing demand for AI-themed crypto assets. Investors are advised to read the exchange’s insights regarding perpetual futures trading guidelines and terms, especially since perpetual contracts follow the price limits set for other digital assets traded on the platform.

According to CryptoSlate, the AI ​​crypto space is showing a different interest, with the sector worth $32.63 billion, with a 4.68 percent increase in total market value in the last 7 days.