OKX to Launch Pre-Market Perpetual Futures for Canton Network (CC)

OKX, a prominent cryptocurrency exchange, has announced the upcoming launch of USDT-margined pre-market perpetual futures for Canton Network (CC). This new trading feature will be available from October 31, 2025, at 2:00 pm UTC, enhancing the trading options for users interested in the CC cryptocurrency, according to OKX.

Understanding Canton Network

Canton Network is a public blockchain designed with institutional-grade privacy at its core. It features a highly configurable privacy-preserving mechanism, which aims to offer secure and private transactions for users. The introduction of pre-market perpetual futures for CC signifies OKX’s commitment to expanding trading opportunities for innovative blockchain projects.

Pre-Market Futures Features

OKX’s pre-market futures allow traders to engage in perpetual futures contracts on cryptocurrencies that have not yet been officially listed. These USDT-margined contracts provide a platform for price discovery before the crypto’s spot market debut. The pre-market futures will eventually convert to standard perpetual futures once the crypto is listed on the spot market, although the exact conversion date remains to be announced.

The pre-market futures contract for CC/USDT includes features such as a face value of 1 CC, a price quotation based on the USDT price of 1 CC, and a tick size of 0.00001. Leverage options range from 0.01x to 20x, with a fixed daily funding rate of 0.03% and a funding fee settlement interval of four hours.

Risk Considerations

OKX has highlighted several risk factors associated with pre-market futures trading. These include the uncertainty of the crypto issuance plan and total supply, which may lead to market price fluctuations. Additionally, prices in the pre-market futures are driven by market behavior and might not accurately reflect the actual listing price of the new crypto. Traders are advised to exercise caution and stay informed about market conditions.

Trading Readiness

To prepare for the upcoming CC/USDT pre-market trading, users are encouraged to top up their USDT balances. OKX emphasizes the need for traders to be aware of the potential risks and to make informed trading decisions.

OKX reserves the right to suspend pre-market trading at any time and advises users to review its Terms of Service and Risk & Compliance Disclosure for more detailed information.

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