OKX Announces ALLO Spot Trading Launch With Timed Schedule
Coinbase will initiate ALLO-USD spot trading on November 12, 2025, at 9 a.m. ET in supported regions, pending liquidity, complementing OKX’s earlier ALLO offerings.
USDT
Summary
In official announcements, OKX confirmed the launch of ALLOUSDT perpetual contracts on November 12, 2025, at 12:45 p.m. UTC+8 with up to 50x leverage, following its ALLO spot trading rollout on November 11. Coinbase stated it will commence Allora (ALLO) spot trading in the ALLO-USD pair on November 12, 2025, at 9 a.m. ET in supported regions, subject to liquidity conditions. The coordinated listings between major exchanges mark an expansion of ALLO’s tradable markets.
Terms & Concepts
- Spot Trading: The purchase or sale of a financial instrument for immediate delivery, typically within two business days in traditional markets, but instantly settled in crypto.
- USDT (Tether): A widely used stablecoin pegged to the value of the U.S. dollar, often employed in cryptocurrency trading.
- Perpetual Contract: A type of futures contract in crypto trading with no expiry date, allowing traders to speculate on asset prices using leverage.