OKX to Introduce GIGGLE Perpetual Futures Trading

OKX, a leading cryptocurrency exchange, has announced the introduction of USDT-margined perpetual futures trading for the GIGGLE token. This development aims to expand trading options for users and enhance the utility of GIGGLE, a community-driven meme token on the BNB Chain. According to OKX, trading will commence at 7:00 am UTC on October 25, 2025.

Details of the GIGGLE Perpetual Futures

The GIGGLE perpetual futures will be available on both web and app interfaces, alongside the API. The underlying asset for these futures is the GIGGLE/USDT index, with settlements made in USDT. The face value of each contract is set at 0.01, with price quotations calculated in USDT equivalents. Traders will have access to leverage options ranging from 0.01x to 50x.

The funding rate for these contracts is determined by a formula that includes the average premium index and interest rate, with adjustments clamped between -1.50% and 1.50%. The funding fee settlement occurs every four hours, and trading is available 24/7.

About GIGGLE

GIGGLE is a meme token project that aims to blend the enjoyment of cryptocurrency trading with social good initiatives. It is built on the BNB Chain and has gained attention for its community-driven approach. Additional information about the project can be found on its official website and Twitter page.

Implications for the Crypto Market

The listing of GIGGLE perpetual futures on OKX is indicative of the growing interest in meme tokens and their potential to attract a broader audience to cryptocurrency trading. By offering these futures, OKX not only diversifies its trading products but also provides traders with more tools to hedge and speculate on the price movements of GIGGLE.

Perpetual futures have become increasingly popular among traders for their flexibility and the ability to leverage positions. The introduction of GIGGLE futures aligns with market trends that favor derivatives as a means to manage risk and capitalize on market volatility.

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