The cryptocurrency derivatives market continues to evolve, offering early access opportunities for innovative blockchain projects. OKX has officially launched pre-market futures trading for CATI/USDT, enabling users to engage with the upcoming token ahead of its official listing. This feature provides a secure and transparent environment for traders to participate in price discovery before the asset goes live on spot markets.
Pre-market trading allows forward-thinking investors to position themselves early, leveraging market sentiment and project fundamentals to make informed decisions. With CATI being the native token of Catizen, one of Telegram’s fastest-growing Web3 applications, interest in early trading exposure is surging. The CATI/USDT futures contract is now available across all OKX platforms — web, mobile app, and API — starting September 5, 2024, at 14:00 (UTC+8).
👉 Discover how pre-market futures can boost your trading strategy today.
Understanding CATI/USDT Pre-Market Futures
Pre-market futures on OKX are designed to give traders early exposure to promising new crypto assets before they are officially listed on spot markets. These contracts function as USDT-margined delivery futures, meaning profits and losses are settled in USDT, and the contract will be delivered upon completion — typically within hours after the underlying asset launches on the spot exchange.
While the exact delivery date for CATI/USDT remains unconfirmed, OKX will announce it as soon as finalized. Until then, traders can operate under the expectation that settlement will occur shortly after CATI becomes available for regular trading.
Key Contract Specifications
- Underlying Asset: CATI/USDT Index (based on latest traded price)
- Settlement Currency: USDT
- Contract Size: 10 CATI per contract
- Price Quotation: Price per 1 CATI in USDT
- Tick Size: 0.0001 USDT
- Leverage Range: 0.01x to 2x
- Trading Hours: 24/7
- Contract Type: Delivery Futures
This structure ensures clarity and consistency for both novice and experienced traders entering the pre-market space.
Risk Management: Position Limits and Margin Requirements
Due to the speculative nature of pre-market trading, OKX implements strict risk controls through tiered position limits and margin requirements. These mechanisms help maintain market stability and protect participants from excessive volatility.
Tier-Based Position and Margin Rules
As positions increase in size, so do margin requirements. This tiered system encourages responsible trading while accommodating larger participants:
- Tier 1: Up to 1,000 contracts — 50% initial margin, 15% maintenance margin, max 2x leverage
- Tier 2: Up to 2,000 contracts — Same margin and leverage as Tier 1
- Tiers 3–12: From 3,000 to 20,000 contracts — Initial and maintenance margins rise progressively, with leverage capped at 1x beyond Tier 2
Higher tiers reflect increased risk exposure, hence the reduced leverage and higher capital buffers required.
User Category-Based Caps
In addition to tiered limits, user roles determine maximum allowable positions:
- Designated Market Makers (DMMs) for USDT-margined contracts: Up to 20,000 contracts
- All other users: Limited to 2,000 contracts
This distinction supports market liquidity while safeguarding retail traders from disproportionate risk.
About Catizen (CATI)
Catizen is emerging as a leading Web3 gateway within the Telegram ecosystem. As the largest crypto-powered application center on the platform, it combines gamification, community engagement, and decentralized incentives into a seamless user experience.
Key features driving adoption include:
- Launchpool Integration: Users earn rewards by staking or participating in token launches
- Open Task System: Complete interactive tasks to unlock benefits and boost engagement
- Play-to-Airdrop Model: Gamified participation leads to token airdrops, encouraging long-term involvement
By merging entertainment with economic incentives, Catizen redefines how users interact with blockchain technology — making Web3 more accessible and engaging than ever.
👉 Explore how early movers benefit from emerging Web3 ecosystems like Catizen.
Important Risk Disclosures
While pre-market trading offers significant opportunity, it also carries unique risks that traders must understand.
1. Uncertain Tokenomics
The project team has not yet finalized the total supply of CATI. Any future changes to issuance could significantly impact price dynamics post-listing. Traders should monitor official announcements closely and adjust strategies accordingly.
2. Market-Driven Pricing
Prices during pre-market trading are determined solely by supply and demand within the futures market. These levels may deviate from the eventual spot market price once CATI is officially listed. Discrepancies are common due to speculation and limited information availability.
3. No Guarantee of Spot Listing
OKX does not guarantee that CATI will ultimately be listed on its spot exchange. While pre-market trading indicates strong interest, final listing decisions depend on multiple factors including project progress, compliance checks, and market conditions.
Additionally, OKX reserves the right to suspend pre-market trading at any time without prior notice to ensure platform integrity and user protection.
Frequently Asked Questions (FAQ)
Q: What is pre-market futures trading?
A: It allows users to trade futures contracts for a token before it's officially listed on the spot market. The contract settles in USDT once the token launches.
Q: When will CATI/USDT be delivered?
A: The exact delivery time hasn’t been confirmed yet. It typically occurs a few hours after CATI is listed on the spot market. OKX will publish an official announcement when the date is set.
Q: Can I hold my position indefinitely?
A: No. Pre-market futures are delivery contracts with a defined settlement period. You cannot hold them past the delivery date.
Q: Why is leverage limited to 2x?
A: Lower leverage helps reduce systemic risk in volatile, information-sensitive markets where price swings can be extreme.
Q: Will all users have equal access to position sizes?
A: No. Regular users are capped at 2,000 contracts, while designated market makers can open up to 20,000 contracts to support liquidity.
Q: How do I stay updated on CATI listing progress?
A: Follow OKX’s official announcements page for real-time updates on delivery schedules and listing confirmations.
Why Trade Pre-Market Futures?
Pre-market futures empower traders to get ahead of major listings, capitalize on early momentum, and hedge potential spot exposure. For projects like Catizen with strong community traction, these contracts offer a regulated venue to express market sentiment before public availability.
With robust infrastructure, clear rules, and advanced risk controls, OKX provides a trusted environment for engaging with next-generation digital assets.
👉 Start trading tomorrow’s top cryptos today — access exclusive markets now.