The cryptocurrency landscape continues to evolve with innovative Web3 gaming projects capturing global attention. Among the latest developments, OKX is set to list CATI (Catizen) for spot trading, marking a significant milestone for the Telegram-based gaming platform. This strategic listing not only enhances CATI’s market visibility but also introduces pre-market futures contracts, offering traders early access and advanced risk management tools.
This article outlines the complete timeline, trading details, contract specifications, and risk considerations for the CATI listing on OKX. Whether you're a seasoned trader or new to the world of blockchain gaming tokens, this guide ensures you stay informed and prepared.
Spot Trading Launch Schedule
OKX has confirmed the following key dates and times for the CATI (Catizen) spot trading rollout:
- Deposit Availability: 13:00 UTC, September 9, 2024
- Call Auction Period: 09:00 – 10:00 UTC, September 20, 2024
- Spot Trading Launch (CATI/USDT): 10:00 UTC, September 20, 2024
- Withdrawal Activation: 10:00 UTC, September 21, 2024
👉 Discover how pre-market trading can boost your strategy before official listing.
The call auction mechanism allows for fair price discovery by aggregating buy and sell orders before the market opens. This helps prevent price manipulation and excessive volatility during the initial trading phase. Traders are encouraged to participate in the call auction to secure favorable entry points.
About Catizen (CATI)
Catizen is a groundbreaking Telegram mini-app game that seamlessly integrates the popular messaging platform with the TON (The Open Network) blockchain. By leveraging Telegram’s massive user base—over 800 million active users—Catizen aims to onboard millions into the Web3 ecosystem through gamified experiences and mobile-first blockchain interactions.
At its core, Catizen blends social engagement with blockchain utility. The platform features a unique combination of Launchpool mechanics, short-form video content, and e-commerce integration, all wrapped in an engaging Play-to-Airdrop model. This approach incentivizes user participation by rewarding activity with token distributions, fostering long-term engagement and organic growth.
As a mini-app hub, Catizen lowers the barrier to entry for non-crypto-native users, enabling them to interact with decentralized applications (dApps) without complex setups. Its focus on accessibility positions it as a potential gateway for mass Web3 adoption.
Key Project Details
- Asset Name: Catizen
- Ticker Symbol: CATI
- Blockchain Integration: TON (The Open Network)
Pre-Market Futures Delivery for CATI
In addition to spot trading, OKX will offer pre-market futures contracts for CATI, allowing traders to take speculative positions ahead of the official listing.
1. Delivery Timing
Futures contracts will be settled three hours after CATI’s spot listing on OKX. The settlement price will be calculated based on market data collected 2–3 hours post-listing. In the event of any changes to the listing schedule, delivery times will be adjusted accordingly. Users should monitor official OKX announcements for real-time updates.
2. Settlement Price Mechanism
- Index Price Composition: The index price used for settlement includes data from more than three major exchanges, ensuring a balanced and representative market value.
- Final Settlement Price: OKX will determine the final price using the arithmetic average of the index price over the one hour preceding settlement. If abnormal price deviations occur during this period, OKX reserves the right to adjust the final price to a reasonable level to ensure fair delivery.
Note: For users holding futures positions valued over $10,000 in CATIUSDT contracts at settlement time, asset transfers from their trading accounts will be temporarily restricted for 30 minutes post-settlement. Normal transfer functionality resumes after this window.
Order history and settlement records will be accessible via the “Order Center” on the OKX website, where users can download transaction data for personal record-keeping.
Risk Management Advisory
Given potential market volatility around settlement time, traders are advised to:
- Reduce effective leverage
- Close positions in advance if necessary
In cases of extreme losses during settlement, compensation will first be drawn from the insurance fund. Should the fund be insufficient, the system may automatically reduce positions of users with high-profit margins through a clawback mechanism.
3. Settlement Fee
A 1% settlement fee applies to all futures positions at delivery. This rate is subject to change based on platform policy updates.
4. Price Limits
To maintain market stability, OKX enforces dynamic price limits:
After Pre-Market Contract Creation:
- Maximum Buy Order Price = Hourly Average Price × (1 + 15%)
- Minimum Sell Order Price = Hourly Average Price × (1 – 15%)
Within 60 Minutes Before Settlement:
- Maximum Buy Order Price = Index Price × (1 + 5%)
- Minimum Sell Order Price = Index Price × (1 – 5%)
The hourly average price is calculated as:
(Best Bid Price + Best Ask Price) / 2
These limits are recalculated every minute to reflect real-time market conditions and prevent excessive speculation.
👉 Learn how to navigate futures settlement with confidence and precision.
Core Keywords
The following keywords have been naturally integrated throughout this article to align with search intent and improve SEO performance:
- CATI listing
- Catizen token
- OKX spot trading
- pre-market futures
- CATI/USDT pair
- TON blockchain gaming
- Telegram mini-app crypto
- futures settlement mechanism
These terms reflect common user queries related to new token listings, trading strategies, and blockchain gaming innovations.
Frequently Asked Questions (FAQ)
Q: What is Catizen and why is it significant?
Catizen is a blockchain-based mini-game on Telegram that integrates TON blockchain technology. It enables users to earn rewards through gameplay and social interaction, serving as an accessible entry point into Web3 for mainstream audiences.
Q: When can I start trading CATI on OKX?
Spot trading for the CATI/USDT pair begins at 10:00 UTC on September 20, 2024. Deposits are supported starting September 9, while withdrawals open on September 21.
Q: How does the call auction work?
The call auction aggregates buy and sell orders before trading begins to determine a fair opening price. It runs from 09:00 to 10:00 UTC on September 20, helping reduce volatility at launch.
Q: Can I trade CATI futures before spot listing?
Yes, pre-market futures allow traders to speculate ahead of the official listing. However, actual settlement occurs three hours after spot trading begins.
Q: What happens if my position exceeds $10,000 at settlement?
If your open futures position exceeds $10,000 in value at settlement time, you’ll be unable to transfer assets from your trading account for 30 minutes post-settlement. This measure prevents front-running and ensures market fairness.
Q: Is there a fee for futures settlement?
Yes, a 1% settlement fee applies to all outstanding futures positions upon delivery. This fee may be adjusted in the future based on platform policies.
👉 Access real-time futures data and optimize your next move on OKX.
Risk Disclosure
The information provided in this article is intended solely for informational and educational purposes. Some content may originate from third-party sources and does not constitute financial advice, investment recommendations, or official statements from OKX.
Digital assets are highly speculative and volatile. They may become illiquid at any time and carry the risk of total capital loss. OKX does not guarantee the accuracy or completeness of any information presented herein.
Trading digital assets involves significant risk. Users are strongly encouraged to conduct independent research and assess their personal risk tolerance before engaging in any transactions.
For full details on terms of service and risk disclosures, please refer to official OKX resources directly on the platform.
By staying informed and exercising caution, traders can make strategic decisions when participating in new token launches like CATI. With its strong foundation in Telegram gaming and Web3 innovation, Catizen represents an exciting frontier in blockchain adoption—and OKX’s listing provides a trusted gateway to access it.