Plasma is a Layer 1 blockchain designed for stablecoins, aiming to offer high performance, scalability, and security.
Last price
0.09035 USDT
Trading volume
1.65B USDT
Conversion time
Sep 25, 2025, 21:20
0.09035 USDT
Trading volume
1.65B USDT
Delivery time
Sep 25, 2025, 21:20
XPL status
- Prepare for pre-market tradingPre-market trading for XPL will start on Aug 28, 2025, 19:00.
- Pre-market trading startsTrade pre-market perpetuals for XPL.
- Convert to regular perpetualsTrade converted perpetual contracts in our regular perpetual markets.
Latest announcements
OKX to list perpetual futures for HPE, ASTS and NOW equities
This is a general update. Please check the availability of the listed token or product for your region in the app. We are pleased to announce that USDT-margined perpetual futures for selected stocks will be enabled from 11:00 UTC on June 2, 2026. For product details, refer to our stock perpetual futures documentation. The updates will cover both the web and app interfaces as well as the API. The...
Enhanced Liquidity Program (ELP) Maker Order Rebate Adjustment
Dear OKX Users, Please be advised that OKX will further update the Maker fee structure for the Enhanced Liquidity Program (ELP) effective June 3, 2026 at 15:00–17:00 (UTC+8). This adjustment removes the ELP Maker rebate for users whose effective fee tier is at a negative rate. Users affected by this fee adjustment are encouraged to review the changes set out in this notice carefully and assess...
OKX to execute rebase on SPACEXUSDT pre-market perpetual futures and rename it to SPCXUSDT
Dear OKX users, OKX will execute a rebase (proportional adjustment) on the SPACEXUSDT pre-market perpetual futures at 07:10:00 (UTC) on June 2, 2026, aligning the contract parameters from the estimated share count to the actual disclosed share count. At the same time, the contract will be renamed to SPCXUSDT.What is the rebase The rebase is a one-time, proportional adjustment of contract...
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FAQ
OKX pre-market trading allows you to trade crypto that are not yet listed in our spot markets. You can participate in price discovery by trading USDT-margined pre-market perpetual contracts. When the crypto get listed for spot trading, the pre-market perpetuals contracts get converted to standard perpetual contracts. Your positions and profits will be carried over; no need for any manual operations.
1. If the new crypto gets successfully listed for spot trading:
• Pre-market trading will stop after the new crypto is listed.
• Your pre-market contracts will be converted to the standard perpetual contracts of the same crypto. Your pre-market positions and trading data will automatically carry over.
• After the conversion is complete, our standard funding rate mechanism will be adopted. You can keep holding the positions or trade them as you see fit. For detailed conversion timeline, please refer to our crypto-specific official announcement.
2. If for some reason the crypto is not listed on OKX:
• Pre-market trading for this crypto will end and all contracts will settle.
• The settlement price will be based on the crypto’s arithmetic average price for a period of time before the end of pre-market trading. It could be set at a very small value under special circumstances, for example, when market liquidity is low. For detailed settlement rules, please refer the pre-market trading terms for each crypto.
• Pre-market trading will stop after the new crypto is listed.
• Your pre-market contracts will be converted to the standard perpetual contracts of the same crypto. Your pre-market positions and trading data will automatically carry over.
• After the conversion is complete, our standard funding rate mechanism will be adopted. You can keep holding the positions or trade them as you see fit. For detailed conversion timeline, please refer to our crypto-specific official announcement.
2. If for some reason the crypto is not listed on OKX:
• Pre-market trading for this crypto will end and all contracts will settle.
• The settlement price will be based on the crypto’s arithmetic average price for a period of time before the end of pre-market trading. It could be set at a very small value under special circumstances, for example, when market liquidity is low. For detailed settlement rules, please refer the pre-market trading terms for each crypto.
• Pre-market trading start time: Please refer to the crypto-specific official announcement from OKX.
• Listing and conversion timeline: Once a new crypto is confirmed to be listed in OKX’s spot markets, we will announce in advance when the crypto’s pre-market trading will end and when the conversion to standard perpetuals will happen. It normally happens within a few hours after the crypto is listed for spot trading.
• Delisting settlement time: If the crypto isn’t listed for spot trading for some reason, we will announce in advance when the crypto’s pre-market trading will end and when the pre-market perpetual contracts will settle.
• Listing and conversion timeline: Once a new crypto is confirmed to be listed in OKX’s spot markets, we will announce in advance when the crypto’s pre-market trading will end and when the conversion to standard perpetuals will happen. It normally happens within a few hours after the crypto is listed for spot trading.
• Delisting settlement time: If the crypto isn’t listed for spot trading for some reason, we will announce in advance when the crypto’s pre-market trading will end and when the pre-market perpetual contracts will settle.
