OKX to list perpetual futures for USELESS, NEWT crypto

Published on Jul 25, 20252 min read
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We are pleased to announce that USDT-margined perpetual futures for USELESS, NEWT will be enabled at 10:00~10:15 am UTC on July 25, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows:


I. Listing schedule

  • USELESS/USDT perpetual futures trading will open at 10:00 am UTC on July 25, 2025.

  • NEWT/USDT perpetual futures trading will open at 10:15 am UTC on July 25, 2025.


II. Perpetual futures trading

USELESS perpetual futures:

USELESS is a Solana-based meme token designed to satirize conventional utility-focused cryptocurrencies.

Features

Details

Underlying

USELESS/USDT index

Settlement crypto

USDT

Face value

10

Price quotation

1 USELESS value calculated in USDT equivalent

Tick size

0.0001

Leverage

0.01-20x

Funding rate

clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.50%, -1.50%]

For average premium index and interest rate calculations, refer to our product documentation

Funding fee settlement interval

4 hours

Trading hours

24/7

NEWT perpetual futures:

Newton Protocol aims to establish a secure rollup for AI-driven strategies, automated trading, and a marketplace for AI developers.

Features

Details

Underlying

NEWT/USDT index

Settlement crypto

USDT

Face value

10

Price quotation

1 NEWT value calculated in USDT equivalent

Tick size

0.0001

Leverage

0.01-50x

Funding rate

clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.50%, -1.50%]

For average premium index and interest rate calculations, refer to our product documentation

Funding fee settlement interval

4 hours

Trading hours

24/7

OKX team

July 25, 2025