OKX said it will open USDT-margined pre-market perpetual futures for MOONSHOT, tied to Moonshot AI, at 09:00 UTC on Aug. 17, 2026 across its web, app and API interfaces. The product is a pre-IPO perpetual futures contract (derivatives linked to a private company's valuation before listing) that lets traders speculate on valuation changes without holding equity. The exchange said the instrument is USDT-settled, trades 24/7, carries 0.01x to 5x leverage and has a fixed daily funding rate of 0%, with funding fees settled every eight hours. OKX said 1 MOONSHOT is quoted in USDT and, before any rebase, represents about 1/1,000,000,000 of the company's market capitalization based on an estimated share count of 1,000,000,000. If Moonshot AI later discloses its actual share count, OKX said it will carry out a rebase (a proportional contract adjustment) intended to keep position value substantially unchanged. The exchange added that, if an IPO is completed, the contract will be converted into a standard stock perpetual contract, though the pre-IPO contract price may differ materially from the eventual IPO listing price.