The cryptocurrency derivatives market continues to expand with fresh innovation, and OKX is leading the charge by introducing two new USDT-margined perpetual contracts: FARTCOINUSDT and AI16ZUSDT. These additions reflect the growing demand for exposure to emerging digital assets tied to artificial intelligence (AI) and internet culture-driven tokens. Traders can now access these instruments starting December 20, 2024, via OKX’s web platform, mobile app, and API interface.
This launch underscores OKX's commitment to offering diverse trading opportunities across trending and speculative crypto assets, empowering users to diversify portfolios and capitalize on market movements in real time.
👉 Discover how to trade cutting-edge crypto derivatives with advanced tools and deep liquidity.
Trading Launch Schedule
The perpetual contracts will go live in a staggered format to ensure smooth market onboarding and optimal price discovery:
- FARTCOINUSDT: Trading begins at 5:00 PM (UTC+8)
- AI16ZUSDT: Trading begins at 5:15 PM (UTC+8)
This short interval allows traders to prepare strategies for both assets while minimizing execution overlap during high-volatility moments.
All users—whether on desktop or mobile—can participate from the moment markets open. The 7×24-hour trading window ensures global accessibility across time zones, supporting continuous engagement without restrictions.
Understanding FARTCOINUSDT Perpetual Contract
Fartcoin (FARTCOIN) emerged from an unexpected source—an AI chatbot named Truth Terminal, developed by researcher Andy Ayrey. The token gained viral attention after being mentioned by this autonomous system, sparking community interest and speculative trading activity.
Now, with the introduction of the FARTCOINUSDT perpetual contract, traders have a regulated and secure environment to gain leveraged exposure to its price movements.
Key Contract Specifications
- Underlying Index: FARTCOIN/USDT
- Settlement Currency: USDT
- Contract Size: 1 FARTCOIN per contract
- Price Quotation: Based on the USDT value of 1 FARTCOIN
- Tick Size: 0.0001 USDT (enables precise pricing in volatile conditions)
- Leverage Range: 0.01x to 50x (flexible risk management for all trader types)
- Funding Rate Mechanism:
Calculated using:Clamp(MA[((Bid + Ask)/2 – Spot Index Price) / Spot Index Price – Interest], -1.5%, 1.5%)
Where Interest = 0 - Funding Interval: Every 4 hours
- Trading Hours: 24/7
Note: To prevent abnormal funding fees during initial volatility, the funding rate cap was limited to 0.03% before December 20, 2024, at 00:00 UTC+8. After that point, it reverted to the standard maximum of 1.5%, with the first adjusted fee applied at 04:00 AM UTC+8 on the same day.
This safeguard helps protect traders from unexpected costs during early-stage price swings—a common challenge with newly listed meme or niche tokens.
Exploring AI16ZUSDT Perpetual Contract
While FARTCOIN leans into internet culture, AI16Z represents a more structured innovation: it's associated with the world’s first venture capital firm led primarily by artificial intelligence agents. This project aims to reshape how startups are discovered, funded, and scaled within the AI ecosystem.
By launching the AI16ZUSDT perpetual contract, OKX enables forward-thinking investors to speculate on—or hedge against—the future growth of AI-driven investment models.
Core Contract Details
- Underlying Index: AI16Z/USDT
- Settlement Currency: USDT
- Contract Value: 1 AI16Z per contract
- Pricing Unit: USDT price per 1 AI16Z
- Minimum Price Increment: 0.0001 USDT
- Available Leverage: From 0.01x up to 50x
- Funding Fee Formula:
Clamp(MA[((Bid + Ask)/2 – Spot Index Price) / Spot Index Price – Interest], -1.5%, 1.5%), Interest = 0 - Funding Frequency: Every 4 hours
- Market Availability: Continuous, 7 days a week
Like FARTCOINUSDT, AI16ZUSDT follows the same risk mitigation protocol regarding funding caps during launch, ensuring fair and stable market conditions as liquidity builds.
👉 Access next-generation trading tools designed for AI-powered and meme-based digital assets.
Why These Listings Matter
The dual listing of FARTCOIN and AI16Z highlights a broader trend in the crypto space: the convergence of humor-driven tokens and serious technological experimentation. On one end, FARTCOIN embodies the unpredictable nature of meme coins influenced by online narratives and AI-generated content. On the other, AI16Z symbolizes institutional-grade innovation where machine intelligence plays a central role in financial decision-making.
For traders, this means access to contrasting yet complementary opportunities:
- High-volatility plays via FARTCOIN
- Long-term strategic positions in AI-centric economic models through AI16Z
OKX’s decision to support both reflects its adaptive listing strategy, catering to retail enthusiasm and institutional curiosity alike.
Frequently Asked Questions (FAQs)
Q: What are USDT-margined perpetual contracts?
A: They are derivative instruments that allow traders to speculate on cryptocurrency price movements using USDT as collateral. Unlike futures, they have no expiry date and use periodic funding rates to align contract prices with spot markets.
Q: Can I use leverage when trading FARTCOINUSDT or AI16ZUSDT?
A: Yes. Both contracts support leverage ranging from 0.01x to 50x, enabling users to amplify gains (and risks). Proper risk management is advised when using higher leverage levels.
Q: How are funding fees calculated for these new contracts?
A: Funding fees are determined every 8 hours based on the difference between perpetual contract prices and the underlying spot index. A moving average mechanism smooths out spikes, and fees are capped between -1.5% and +1.5%.
Q: Are there special rules during the initial listing phase?
A: Yes. To reduce volatility-related risks, OKX implemented a temporary funding rate cap of 0.03% prior to December 20, 2024. This ensured smoother price discovery before returning to normal parameters.
Q: Where can I trade these contracts?
A: You can trade FARTCOINUSDT and AI16ZUSDT on OKX’s website, iOS and Android apps, and through API integration for algorithmic traders.
Q: Is prior experience required to trade these assets?
A: While beginners can participate, these are speculative instruments with rapid price movements. It’s recommended to understand margin trading mechanics and test strategies in demo mode first.
Final Thoughts
The introduction of FARTCOINUSDT and AI16ZUSDT perpetual contracts marks another milestone in OKX’s mission to provide comprehensive access to innovative digital assets. Whether you're drawn to internet-born meme tokens or pioneering AI ventures, these instruments offer real-time exposure backed by robust trading infrastructure.
As always, traders should conduct due diligence, monitor market sentiment, and utilize risk controls like stop-loss orders and position sizing.
👉 Start trading tomorrow’s most talked-about crypto assets with precision and confidence today.
With deep liquidity, transparent pricing, and advanced tools at your disposal, OKX continues to be a top choice for traders navigating the evolving blockchain landscape.