OKX Announces MET/USDT Spot Trading and Futures Conversion
Peter Zhang Oct 23, 2025 13:10
OKX plans to launch MET/USDT spot trading and convert pre-market futures to standard perpetual futures. The launch aims to enhance the trading experience for MET on the platform.
OKX, a leading cryptocurrency exchange, has announced the upcoming launch of MET (Meteora) for spot trading against USDT, alongside the conversion of pre-market futures to standard perpetual futures. This move is expected to bolster the trading environment for MET on the platform, according to OKX.
Trading Schedule and Details
The MET/USDT spot trading is scheduled to commence at 2:00 pm UTC on October 23, 2025, following a call auction from 1:00 pm to 2:00 pm UTC. The conversion of MET pre-market futures to standard perpetual futures will begin at the same time and is expected to conclude within three hours, contingent on market stability.
OKX has outlined specific risk control measures for the initial trading phase to mitigate market volatility. These include restrictions on market orders and a cap of $10,000 per limit order during the first five minutes of trading. These measures will be lifted shortly thereafter, allowing for more fluid trading conditions.
About Meteora
Meteora is a decentralized exchange focused on providing a secure and sustainable liquidity infrastructure within the Solana ecosystem and the broader DeFi space. Its inclusion on OKX aligns with the platform's commitment to expanding its offerings in the decentralized finance sector.
Futures Conversion and Trading Parameters
The conversion to standard perpetual futures will feature MET/USDT as the underlying index, with trading available across both web and app interfaces. Key features include leverage options ranging from 0.01x to 20x, a funding interval of four hours, and continuous 24/7 trading availability.
To maintain market integrity, OKX has implemented tiered position limits and margin requirements, which may be adjusted based on liquidity and market conditions.
Call Auction Mechanism
OKX will employ a call auction mechanism for the MET/USDT listing to facilitate orderly market conditions. During this period, users can submit buy and sell orders at desired prices, with specific parameters in place to manage the auction process effectively.
For more detailed information on the trading rules and procedures, interested parties are encouraged to visit the official OKX website.
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