OKX Opens Spot And 20x Perpetual Trading For Doppler Finance Token

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR OKX has listed Doppler Finance’s XDP token for spot trading against USDT. The exchange also launched a USDT-margined XDP perpetual contract with leverage of up to 20x. XDP is the token associated with Doppler Finance, a project focused on infrastructure for tokenized capital markets. Doppler Finance’s XDP token has moved into major exchange trading with both spot and leveraged derivatives markets opening on OKX. The exchange launched XDP/USDT spot trading on September 28 following a call auction. A USDT-margined perpetual contract went live shortly afterward. Perpetual Traders Can Use Up To 20x Leverage OKX opened XDP deposits at 03:00 UTC before running a one-hour call auction from 12:00 to 13:00 UTC. Spot trading then opened at 13:00 UTC. Withdrawals followed at 15:00 UTC. The XDP perpetual market opened at 14:00 UTC, one hour after spot trading began. OKX allows leverage ranging up to 20x on the contract. The perpetual market trades around the clock and uses a funding mechanism to keep the futures price aligned with the underlying XDP index. As with other newly listed assets...