OKX to list perpetual futures for USELESS, NEWT crypto
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.
- Full English Name: Useless Coin 
- Abbreviation: USELESS 
- Official Website: https://theuselesscoin.com/ 
- Twitter: https://x.com/theuselesscoin 
| 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.
- Full English Name: Newton Protocol 
- Abbreviation: NEWT 
- Official Website: https://newt.foundation/ 
- Twitter: https://x.com/newtfoundation 
| 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