OKX says SPACEX/USDT, OPENAI/USDT and ANTHROPIC/USDT will launch as Pre-IPO perpetual futures with up to 5x leverage and USDT settlement, while broader CEX pre-IPO products are showing divergent prices.
OKX announced Pre-IPO perpetual futures for SPACEX/USDT, OPENAI/USDT and ANTHROPIC/USDT, with trading set to open on May 7 at 17:00, 17:15 and 17:30 UTC+8, respectively. The contracts will offer up to 5x leverage and use USDT settlement. OKX said the markets will rebase after S-1 disclosure and convert after IPO completion. The update also notes that major centralized exchanges have begun offering pre-IPO assets, but these products are not interoperable, use different market makers and underlying assets, and are therefore trading at different prices across platforms, with OKX’s SpaceX perpetual cited as one example.