OKX to List Yield Basis Pre-Market Perpetual Contracts on October 12, 2025
OKX announces the listing of Yield Basis (YB) with spot trading and the conversion of pre-market contracts to standard perpetual contracts starting October 14, 2025.
USDT
Summary
OKX will list Yield Basis (YB) on October 14, 2025, with deposits opening at 9:30 PM (UTC+8). The auction trading will take place on October 15, 2025, from 6:00 PM to 7:00 PM, followed by spot trading starting at 7:00 PM. Pre-market contracts will convert into standard perpetual contracts once trading begins, pending a stable index. YB withdrawals will open at 10:00 PM on October 15, 2025.
Terms & Concepts
- Spot Trading: The purchase or sale of a financial instrument, like a cryptocurrency, for immediate delivery, with transactions settled 'on the spot'.
- Perpetual Contracts: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely as long as margin requirements are met.
- Yield Basis (YB): A digital asset set to be listed for trading in both perpetual contract and spot trading formats on OKX.