Due to changes in DOGS' release schedule, OKX will adjust the spot trading and pre-market futures delivery times for DOGS (DOGS). Please note the following updated schedule:
Key Schedule Updates
- DOGS Deposits: Open starting August 14, 2024, at 4:00 PM WIB.
- Auction Bidding: Runs from August 26, 2024, 6:00 PM–7:00 PM WIB.
- Spot Trading (DOGS/USDT): Begins August 26, 2024, at 7:00 PM WIB.
- DOGS Withdrawals: Enabled from August 27, 2024, at 5:00 PM WIB.
Project Overview
Inspiration: DOGS artwork is inspired by Spotty, the mascot created by TON founder Pavel Durov for Telegram’s community, symbolizing its unique culture.
Token Details:
- Asset Name: Dogs
- Ticker: DOGS
- Total Supply: 550,000,000,000
- Contract Address:
EQCvxJy4eG8hyHBFsZ7eePxrRsUQSFE_jpptRAYBmcG_DOGS
Pre-Market Futures Delivery for DOGS
OKX will deliver USDT-margined pre-market futures for DOGS on August 26, 2024, at 11:00 AM WIB.
Delivery Process
Timing:
- Contracts typically deliver 24 hours before spot listing. Adjustments may occur if the listing schedule changes.
Delivery Price:
- Actual Price: Hourly average index price (sampled every 200ms) before delivery.
- Index Source: OKX’s latest pre-market trading price.
- OKX may include prices from other exchanges in the index.
Position Limits:
Users cannot increase positions 1 hour before delivery. Only closing/reducing orders are allowed:
- Hedge Mode: Close positions.
- One-Way Mode: Reduce-only or reverse orders (pending orders ≤ current position size).
- Settlement Fee: 1% (adjustable per announcements).
Price Bands:
- Pre-Delivery: Orders must stay within ±15% of the hourly mid-price.
- Final Hour: Narrowed to ±5% of the mid-price.
Post-Delivery Notes
- Positions settle at the arithmetic average of the contract’s last-traded price 1 hour before delivery.
- Abnormal prices may trigger manual adjustments.
- 30-minute asset freeze: Users with positions > $10,000 cannot transfer assets post-delivery.
Risk Warning: Pre-market prices reflect speculative demand and may not indicate fair market value. Volatility is common pre-delivery—manage leverage and risk accordingly.
FAQs
Q1: Can I trade DOGS immediately after delivery?
A: Yes, spot trading begins at 7:00 PM WIB on August 26.
Q2: How is the delivery price calculated?
A: It averages the index price over the final hour (sampled every 200ms).
Q3: What if I miss the deposit window?
A: Deposits remain open after August 14, but early participation is recommended for auction access.
Q4: Are there limits on withdrawal amounts?
A: Standard network fees apply; no OKX-imposed limits beyond blockchain constraints.
Q5: Where can I track DOGS’ contract address?
A: Use the provided Tonviewer link or OKX’s asset details page.
👉 Explore DOGS trading strategies
Disclaimer: This content is for informational purposes only. Digital assets are volatile—conduct independent research and assess risk tolerance before trading.
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