
Plasma is a Layer 1 blockchain designed for stablecoins, aiming to offer high performance, scalability, and security.
Last price
0.2613 USDT
Trading volume
1.65B USDT
Conversion time
Sep 25, 2025, 21:20
0.2613 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 activate the price protection mechanism for the RWA token index
To mitigate market risks, OKX will activate the price protection mechanism for the RWA (Real-World Asset) token index on November 14, 2025. The specific rules are as follows: RWA token index final price = Clamp [RWA token index price, corresponding real-world asset price × (1 – X), corresponding real-world asset price × (1 + X)]. The RWA token index final price will be restricted in the range...
OKX to list perpetual futures for TRUST crypto
We are pleased to announce that USDT-margined perpetual futures for TRUST will be enabled at 11:30 am UTC on November 5, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows: I. Listing schedule TRUST/USDT perpetual futures trading will open at 11:30 am UTC on November 5, 2025. II. Perpetual futures trading Intuition provides decentralized...
OKX will launch BTCUSD UM Perp and ETHUSD UM Perp
To support the growth of the USDⓈ ecosystem and meet our users’ diverse trading needs, OKX is introducing the following USD-margined futures at 10:00 am UTC on November 5 2025. BTCUSD UM Perp ETHUSD UM Perp Users can choose to use USD, USDC, or USDG as the settlement currency for these USD-margined futures. Please refer to the FAQ and API changelog to learn how to continue using USDC as the...
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The hottest trading crypto in the past 24h
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.



