OKX Expands Perpetual Futures Market with AI-Powered Tokens

Jan 3, 2025 at 11:15 AM
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The prominent cryptocurrency exchange, OKX, has introduced perpetual futures for two additional native tokens from AI-based projects: Alchemist AI and aixbt. This launch marks another significant step in the platform's commitment to expanding its offerings in the rapidly growing AI sector. The new contracts offer traders a wide range of leverage options, reflecting the platform’s dedication to providing flexible trading instruments. While both tokens have experienced recent price volatility, they have shown substantial gains over longer periods, indicating strong investor interest in these innovative projects.

Introducing New Trading Instruments for AI Projects

OKX has officially launched perpetual futures for ALCH/USDT and AIXBT/USDT, starting on January 3 at 7:00 UTC and 7:15 UTC respectively. These new contracts come with a minimum leverage of 0.01x and a maximum leverage of up to 50x, offering traders unparalleled flexibility. This move follows a series of similar launches by OKX, including perpetual futures for other AI-focused projects like GRIFFAIN and ZEREBRO, as well as the listing of the VIRTUAL token in mid-December.

The addition of these new trading instruments underscores OKX's strategic focus on supporting emerging technologies. By introducing perpetual futures for ALCH and AIXBT, the exchange aims to cater to the growing demand for AI-driven financial products. The timing of these launches also aligns with broader market trends, where AI applications are increasingly influencing crypto markets. Moreover, the implementation of price limit rules ensures that traders benefit from stable and predictable trading conditions during the initial phase of these new contracts.

Exploring the Potential of Alchemist AI and aixbt

Alchemist AI and aixbt represent two distinct yet complementary approaches to leveraging AI in the cryptocurrency space. Alchemist AI is a no-code development platform that empowers users to create sophisticated software applications through simple descriptions. This user-friendly interface democratizes access to AI technology, making it easier for non-technical individuals to build and deploy applications. Despite recent short-term price fluctuations, the ALCH token has demonstrated impressive long-term growth, rising by 117% over the past week and 222% over the past month.

aixbt, on the other hand, operates as an AI agent and crypto market analysis platform, enabling users to harness AI capabilities for deeper insights into the crypto market. Notably, the platform's mascot, a purple Pepe the Frog wearing a hood, has become a recognizable symbol within the community. Although aixbt recently faced a minor setback with a misreported FTX repayment, it quickly rectified the issue. The AIXBT token has seen a modest increase following the announcement but has also experienced notable gains, surging by 54.8% over the past seven days and more than 90% over the past month. Both projects highlight the transformative potential of AI in enhancing crypto trading and development.