KEY TAKEAWAYS
- OKX announces the listing of PROMPT (Wayfinder) on its spot trading markets, with trading set to begin on April 10, 2025.
- To manage initial market volatility, OKX will implement risk control measures, including a $10,000 cap on limit orders and net positions per user for the first five minutes of trading.
- The call auction mechanism will be used for the PROMPT/USDT ($1.00) listing, allowing users to submit buy and sell orders with a $50,000 cap on buy orders during the auction.
- Wayfinder, the issuer of PROMPT, is a collection of AI agents designed for cross-chain transactions and on-chain algorithmic trades.
OKX has announced the listing of PROMPT (Wayfinder) on its spot trading markets. The listing process will begin with deposits opening at 2:00 am UTC on April 9, 2025. A call auction for PROMPT will occur from 12:00 pm to 1:00 pm UTC on April 10, 2025, followed by the commencement of PROMPT/USDT spot trading at 1:00 pm UTC the same day. Withdrawals for PROMPT will be available starting at 10:00 am UTC on April 11, 2025.
To manage market volatility during the initial phase of trading, OKX will implement specific risk control measures. For the first five minutes after trading begins, market orders will not be allowed, and the maximum amount per limit order and net position per user will be capped at $10,000. These restrictions will be lifted after the initial five minutes.
Call Auction and Price Limit Rules
The call auction mechanism will be utilized for the PROMPT/USDT listing, lasting one hour. During this period, users can submit buy and sell orders at their desired prices. The total value of each user’s buy orders during the call auction must not exceed $50,000. In the last five minutes of the call auction, users can place orders but cannot cancel or modify them.
Price limit rules will be applied to ensure orderly trading. Initially, closing price-based limit rules will be used until a stable index price is available. Once available, index-based limit rules will be implemented. OKX reserves the right to adjust parameters or switch limit price calculation methods based on market conditions without prior notice.
About Wayfinder and PROMPT
Wayfinder is a collection of AI agents designed to transact across multiple chains, execute smart contract functions, and perform algorithmic trades on-chain. The asset name is Prompt, with the ticker PROMPT, and a total supply of 1,000,000,000 tokens. The Ethereum contract address is 0x28d38dF637dB75533bD3F71426F3410a82041544, and the BASE contract address is 0x30c7235866872213F68cb1F08c37Cb9eCCB93452.
For more details on the listing and trading rules, visit the official announcement here.
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