We're excited to announce that FLUID (Fluid) will be listed on OKX for spot trading. Below are the key details and schedule:
Trading Schedule (UTC+8)
- FLUID Deposits Open: March 27, 2025 @ 2:00 PM
- Auction Period: March 27, 2025 @ 5:00 PM - 6:00 PM
- FLUID/USDT Spot Trading Starts: March 27, 2025 @ 6:00 PM
- FLUID Withdrawals Open: March 28, 2025 @ 6:00 PM
Spot Trading Risk Control Measures
Order Restrictions (First 5 Minutes)
To protect investors from volatility during new listing periods:
- ❌ Market orders disabled
- ⏸️ Limit orders capped at $10,000 per transaction
- 🛑 Maximum net position: $10,000 per user
👉 Learn more about trading safeguards
Price Limit Rules
When index prices are unavailable/unstable, we implement closing-price-based limits:
| Phase | Buy Order Max Price | Sell Order Min Price |
|---|---|---|
| First minute after listing | Auction price × (1+H) | No restrictions |
| Minutes 1-N (pre-index) | Previous minute's close × (1+H) | No restrictions |
| Post-N minutes | No restrictions | No restrictions |
For index-based limits:
| Phase | Buy Order Max Price | Sell Order Min Price |
|---|---|---|
| First 10 minutes | Index × (1+X) | Index × (1-X) |
| After 10 minutes | Complex formula* | Complex formula* |
*Parameters (N,H,X,Y,Z) may adjust without notice.
About the Auction Mechanism
FLUID/USDT will launch with a 1-hour auction period:
- Users can submit orders at desired prices before live trading
- System calculates reference opening price from aggregated orders
Safety measures:
- 👤 $50,000 buy limit per user during auction
- ⏳ Final 5 minutes: Limit orders only (no modifications/cancellations)
👉 Understand auction mechanics in detail
Note: The project team's suggested opening price (based on valuation) serves as a reference but doesn't affect user order execution.
Project Overview: Fluid Protocol
Fluid merges lending and DEX functionality into one DeFi solution:
- Full Name: Fluid
- Ticker: FLUID
- Total Supply: 100,000,000
- Contract: 0x6f40d4a6237c257fff2db00fa0510deeecd303eb
Get Ready to Trade
✅ Deposit USDT now to prepare for FLUID spot trading
OKX remains committed to delivering exceptional products and services.
OKX Team
March 27, 2025
Frequently Asked Questions
Q: When can I withdraw FLUID after trading begins?
A: Withdrawals open March 28 @ 6:00 PM (UTC+8).
Q: Why are there restrictions in the first 5 minutes?
A: These measures prevent extreme volatility while the market stabilizes.
Q: How is the auction reference price determined?
A: The system calculates it from all eligible orders submitted during the auction period.
Q: Where can I check real-time trading rules?
A: Visit our spot trading info page for updates.
Q: What makes Fluid Protocol unique?
A: It combines decentralized lending and exchange services in a single platform.
Q: Are the price limit parameters fixed?
A: No, OKX may adjust them based on market conditions without prior notice.