OKX to support NAVX/USD spot trading pair
To support the growth of the USD ecosystem and meet our users’ diverse trading needs, OKX is introducing the following USD trading pairs in our spot trading at 3:30 am UTC on March 26, 2025: NAVX/USD.
Rules for spot trading opening
Order limits: In order to protect traders from price volatility at the opening of spot trading, OKX will impose the following restrictions on orders during the first 5 minutes of trading:
Each limit order must not exceed 10,000 USD in value.
Each user’s maximum net position size must not exceed 10,000 USD in value.
These restrictions will be lifted after the first 5 minutes of trading.
Price limit rules:
When a newly listed crypto lacks a stable index price, the platform will adopt closing price-based limit rules. Once a stable index price becomes available, index-based limit rules will be applied.
Closing price-based limit calculation rules:
Phase | Maximum bid price | Minimum ask price |
Within the first 1 minute of listing | Call auction’s execution price × (1 + H) | No limit |
From the 1st - Nth minutes (until index is available) | Previous minute’s closing price × (1 + H) | No limit |
After the Nth minute (until index is available) | No limit | No limit |
Index-based limit calculation rules:
Phase | Maximum bid price | Minimum ask price |
Within the 10 minutes of listing | Index × (1 + X) | Index × (1 – X) |
After the first 10 minutes of listing | Min[Max(Index, Index (1 + Y) + Avg premium in the last 2 mins), Index × (1 + Z)] | Max[Min(Index, Index × (1 – Y) + Avg premium in the last 2 mins), Index × (1 – Z)] |
OKX may adjust the parameters N, H, X, Y, Z or switch limit price calculation methods based on market conditions without prior notice.
For real-time rules, please visit /trade-market/info/spot.
Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty or any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to OKX Terms of Service and Risk & Compliance Disclosure for more information.
For any inquiries, please feel free to contact us via OKX Support Center or connect with us on any platform of your choice.
OKX Team
March 25, 2025