Darius Baruo
Nov 03, 2025 03:33
OKX announces the listing of KITE (Kite AI) for spot trading and conversion of pre-market futures to standard perpetual futures, enhancing trading flexibility.
In a significant update for cryptocurrency traders, OKX has announced the listing of KITE (Kite AI) for spot trading, alongside the conversion of pre-market futures to standard perpetual futures. This development is set to enhance the trading experience for users on the platform, allowing for more flexible and stable investment opportunities.
Key Details of the KITE Listing
According to OKX, the deposit function for KITE will be available from 3:00 am UTC on November 3, 2025. Following this, a call auction is scheduled from 12:00 pm to 1:00 pm UTC, with the KITE/USDT spot trading opening at 1:00 pm UTC. The conversion of KITE pre-market futures to standard perpetual futures is expected to occur within three hours after the spot trading commences, contingent upon the stability of the index during this period. Withdrawals for KITE will open at 4:00 pm UTC the same day.
Understanding Kite AI
Kite AI is recognized as the first Layer 1 blockchain designed specifically for the “agentic internet.” It facilitates AI agents in transacting, collaborating, and settling on-chain with verifiable identity, programmable rules, and secure transactions. This innovative approach positions Kite AI as a pioneering force in the blockchain space.
Spot Market Regulations and Safety Measures
To ensure market stability during the initial trading phase, OKX will implement specific restrictions for the first five minutes after trading begins. These include a prohibition on market orders, a maximum limit order amount of $10,000, and a maximum net position per user of $10,000. These restrictions will be lifted five minutes after the trading start.
Price limit rules will also be applied, initially using closing price-based limits until a stable index price is available, after which index-based limits will be enforced.
Call Auction Mechanism
OKX will utilize a call auction mechanism for the KITE/USDT spot listing. This mechanism allows traders to submit buy and sell orders at their desired prices before the trading pair officially begins trading. The platform processes these submissions based on call auction rules to determine an indicative opening price.
Conversion to Standard Perpetual Futures
The transformation of KITE pre-market futures to standard perpetual futures will occur within three hours post the spot trading launch. This conversion will be seamless and will apply across web, app, and API interfaces, ensuring a consistent experience for all traders.
OKX has detailed the characteristics of these perpetual futures, including the underlying KITE/USDT index, settlement in USDT, and a leverage range of 0.01-20x. The platform also outlines tiered position limits to manage risk effectively.
For further information on the listing and trading mechanisms, interested parties can visit the official OKX website.
Image source: Shutterstock
