The cryptocurrency landscape continues to evolve with innovative projects bridging Web3 and mainstream user experiences. In a significant move, OKX has announced the upcoming listing of CATI (Catizen) for spot trading, alongside the introduction of pre-market futures contracts. This development marks a pivotal moment for Catizen, a rapidly growing Telegram-based gaming platform built on the TON blockchain, as it expands its reach into global markets.
This article provides a comprehensive overview of the listing schedule, project fundamentals, futures delivery mechanics, and essential risk considerations—ensuring traders and investors are well-informed ahead of launch.
📅 CATI Spot Trading Launch Schedule
OKX has outlined a clear timeline for the integration of CATI into its trading ecosystem:
- Deposits Open: 13:00 UTC on September 9, 2024
- Call Auction Period: 09:00 – 10:00 UTC on September 20, 2024
- Spot Trading Goes Live: 10:00 UTC on September 20, 2024 (CATI/USDT pair)
- Withdrawals Enabled: 10:00 UTC on September 21, 2024
The call auction mechanism ensures fair price discovery by allowing users to place orders before the official market open, minimizing volatility during initial trading moments.
👉 Discover how pre-market trading can give you an early edge before full market launch.
🔍 About Catizen: Merging Gaming, Social Traffic, and Web3
Catizen (CATI) is more than just another meme-inspired token—it represents a new model for user engagement in decentralized ecosystems. As a revolutionary mini-app game within Telegram, Catizen seamlessly integrates the TON blockchain to deliver mobile-first Web3 experiences with real-world utility.
With Telegram’s massive global user base—exceeding 800 million monthly active users—Catizen leverages existing social traffic to onboard users into crypto through gamification. The platform introduces unique features such as:
- Launchpool-style rewards
- Short-form video integration
- E-commerce functionality
- Play-to-Airdrop mechanics
These elements combine to create an engaging, rewarding environment where users earn tokens through gameplay and participation, lowering the barrier to entry for non-crypto natives.
By transforming passive social interactions into active economic participation, Catizen aims to become a gateway for billions of users to access Web3 services—ushering in a new era of mass adoption.
📈 Pre-Market Futures for CATI: Key Details
In addition to spot trading, OKX will offer pre-market futures contracts for CATI, enabling traders to gain early exposure before the official listing.
⏱️ Delivery Timing
Futures contracts will be settled three hours after CATI is officially listed on the spot market. The settlement price will be calculated based on data collected 2–3 hours post-listing. Any changes to the listing time will automatically adjust the delivery schedule accordingly.
Users are advised to monitor official OKX announcements for real-time updates.
💰 Settlement Price Calculation
To ensure fairness and transparency, OKX uses a robust pricing mechanism:
- Benchmark Index Price: Aggregated from over three major exchanges.
- Final Settlement Price: Determined by the arithmetic average of the index price during the one hour preceding delivery.
In cases of abnormal trading activity or extreme price deviations in the final hour, OKX reserves the right to adjust the settlement price to a reasonable level to maintain market integrity.
Traders holding positions valued above $10,000 in CATIUSDT futures at settlement will face a temporary restriction on asset transfers for 30 minutes post-delivery. Normal operations resume after this cooling-off period.
Order history and settlement records will be accessible via the “Order Center” on the OKX website for audit and analysis purposes.
⚠️ Risk Management and Market Safeguards
Cryptocurrency markets are inherently volatile, especially during listing events. To protect traders, OKX implements several safeguards:
- Risk Warnings: Users are encouraged to reduce leverage or close positions ahead of delivery to avoid unexpected liquidations.
- Insurance Fund Coverage: In the event of excessive losses during settlement, losses are first offset by the insurance fund.
- Auto-Deleveraging (ADL): If the insurance fund is insufficient, users with highly profitable positions may have their orders automatically reduced to stabilize the system.
These mechanisms help maintain platform stability during high-volatility periods.
💸 Fees and Price Limits
🧾 Settlement Fee
A 1% settlement fee applies to futures contracts and may be adjusted based on market conditions.
📊 Price Capping Mechanism
To prevent manipulation and extreme swings, OKX enforces dynamic price limits:
During Pre-Market Trading:
- Maximum buy order price = Hourly average × (1 + 15%)
- Minimum sell order price = Hourly average × (1 – 15%)
Final 60 Minutes Before Delivery:
- Buy cap = Index price × (1 + 5%)
- Sell floor = Index price × (1 – 5%)
Where:
Hourly average = (Best Bid + Best Ask) / 2
These limits are recalculated every minute to reflect real-time market conditions.
❓ Frequently Asked Questions (FAQ)
Q: What is the purpose of the call auction?
A: The call auction allows all participants to submit buy and sell orders before trading begins, establishing a fair opening price based on supply and demand—reducing slippage and manipulation risks.
Q: Can I trade CATI futures before the spot listing?
A: Yes, pre-market futures allow early trading access. However, actual delivery occurs three hours after the spot market opens.
Q: How is the settlement price determined?
A: It’s based on the average index price over the hour before delivery. OKX may adjust it if abnormal trading behavior is detected.
Q: Why is there a transfer freeze after settlement?
A: This 30-minute restriction prevents flash withdrawals following large settlements, enhancing platform security and operational stability.
Q: Is Catizen only a game?
A: No—it’s evolving into a full-fledged mini-app hub combining gaming, social content, e-commerce, and Web3 finance via Play-to-Earn and token incentives.
Q: Where can I find historical trade data after settlement?
A: All order and settlement history is available in your “Order Center” dashboard on OKX’s website.
🔑 Core Keywords Integration
This article naturally incorporates key search terms including:
CATI, Catizen, OKX listing, pre-market futures, spot trading, TON blockchain, Telegram gaming bot, and Web3 adoption—ensuring strong SEO performance while maintaining readability.
👉 See how early access to trending tokens like CATI can enhance your trading strategy.
🛑 Risk Disclosure
The information provided here is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any asset. Digital assets are highly speculative and subject to extreme volatility—they may become illiquid at any time and result in total loss of capital.
OKX does not guarantee the accuracy or completeness of third-party information presented in this article. Trading decisions should be based on your own research and risk tolerance. Always review OKX's Terms of Service and Risk Disclosure Policy before engaging in any transactions.
For support, visit the OKX Help Center or contact customer service directly.
Stay informed, manage risk wisely, and leverage strategic opportunities as CATI enters the global spotlight on OKX.
👉 Start preparing now—position yourself ahead of the next big Web3 breakout.