OKX Launches USELESSUSDT and NEWTUSDT Perpetual Contracts

OKX has launched USDT-margined perpetual contracts for USELESSUSDT and NEWTUSDT, available from July 25, 2025, on their web, app, and API platforms.

These contracts expand OKX’s offerings with USELESS and NEWT, aligning them with existing meme and DeFi tokens, possibly influencing speculative trading trends.

USELESSUSDT and NEWTUSDT Contracts Launched by OKX

OKX officially launched USELESSUSDT and NEWTUSDT perpetual contracts. The launch at 18:00 (UTC+8) on July 25 enables trading across OKX’s web, app, and API channels. The announcement confirmed the trading schedules via OKX’s official portal.

The contracts introduce new trading opportunities for USELESS Coin and NEWT Protocol. Market participants anticipate changes in liquidity and trading dynamics due to high leverage options offered, impacting digital asset trading.

Community reactions to the launch remain mixed, with some traders expressing enthusiasm for new opportunities, while industry observers remain cautious. No official statements from prominent figures were released in response to this launch.

Insights into Market Volatility and Historical Trends

Did you know? OKX’s previous launching of meme and AI-themed tokens often led to temporary liquidity surges without substantial lasting market changes.

USELESS Coin (USELESS) trades at $0.39 with a market cap of $392,623,703, as reported by CoinMarketCap. Recent data shows a 188.71% increase over 30 days, with a trading volume of $53,255,057—up 28.36% in 24 hours. A 999,927,879 supply influences USELESS trading dynamics.

Coincu’s analysis suggests potential increased volatility in USELESS and NEWT trading. Historical trends reflect speculative trading spikes, with continued technological advancements influencing market reactions. OKX’s perpetual contract introduction remains strategic for expanding their market presence.