OKX to List Pre-Market Perpetual Futures for YB (Yield Basis) Crypto
Published on Oct 12, 2025
Listing Timeline
We are excited to announce that USDT-margined pre-market perpetual futures for Yield Basis (YB) will be enabled at 7:00 am UTC on Oct 12, 2025. This new trading feature will be available on both the web and app interfaces, as well as through the API. For more details, you can visit the OKX Pre-market Futures.
Project Introduction: YieldBasis
YieldBasis is a decentralized finance (DeFi) protocol designed to allow users to provide Bitcoin (BTC) as liquidity in an automated market maker (AMM) pool, effectively eliminating impermanent loss (IL). Here are the details:
- Asset Name: Yield Basis
- Ticker: YB
- Current Price: Check the latest Yield Basis Price.
Pre-Market Futures Overview
OKX’s pre-market futures allow trading on cryptocurrencies that have not yet been officially listed. These contracts are USDT-margined and typically transition to standard perpetual futures after listing on the spot market, facilitating a secure platform for price discovery during the early trading phase of new cryptocurrencies.
Pre-Market Futures Contract Details
| Feature | Details |
|———————————|——————————————-|
| Underlying | YB/USDT index (last price of the contract)|
| Settlement Crypto | USDT |
| Face Value | 1 YB |
| Price Quotation | Based on the USDT price of 1 YB |
| Tick Size | 0.0001 |
| Leverage | 0.01 – 20x |
| Funding Rate | Fixed daily rate of 0.03% |
| Funding Fee Settlement Interval | 4 hours |
| Trading Hours | 24/7 |
| Contract Type | Perpetual futures |
| Conversion Time | TBD; typically converts after listing |
Tiered Position Limits
OKX has implemented tiered position limits for pre-market futures:
| Tier | Max Open Positions (Contracts) | MMR | IMR | Max Leverage |
|——|——————————-|——-|——-|————–|
| 1 | 3,000 | 2.00% | 5.00% | 20.00 |
| 2 | 5,000 | 3.00% | 6.66% | 15.00 |
| 3 | 8,000 | 4.00% | 8.00% | 12.50 |
| 4 | Increase by 8,000 from prior tier | +2% from prior tier | +2% from prior tier | Max of the tier |
For more information on trading rules, including limit prices and tier levels, please refer to the Introduction to Pre-market Futures.
Preparing for Trading
To get ready for trading YB/USDT pre-market futures, top up your USDT balance:
Deposit USDT into your OKX Account.
Risk Reminders
- The cryptocurrency project team has not yet confirmed the crypto issuance plan, making the total supply uncertain. Changes in issuance volume may affect market prices. Stay informed, exercise risk control, and trade with caution.
- Pre-market futures prices are driven by market behavior and may not reflect the actual listing price of the new cryptocurrency.
- There is no guarantee that the cryptocurrency will be listed on the spot market following pre-market trading. Refer to OKX announcements for specific listing information.
OKX reserves the right to suspend trading in pre-market conditions at any time at its discretion. More details can be found in the Terms of Service and Risk & Compliance Disclosure.
OKX Team
Oct 12, 2025
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