OKX, a major cryptocurrency exchange, has expanded its offering of perpetual futures with the addition of two new native tokens from AI-based projects—Alchemist AI (ALCH) and AIXBT—on January 3, 2025. This move signals the exchange’s continued push into the AI-driven crypto space, following a similar expansion a week prior with AI projects GRIFFAIN and ZEREBRO. Per the announcement, the trading for AIXBT/USDT perpetual futures will begin at 7:00 UTC, followed by ALCH/USDT at 7:15 UTC on the same day. These contracts will offer a minimum leverage of 0.01x and a maximum leverage of 50x, providing traders with high-risk, high-reward opportunities.
AIXBT is an AI agent and crypto market analysis platform, enabling users to integrate AI technologies into the crypto world for more informed decision-making. Although it faced a small setback with a misreported FTX repayment amount recently, AIXBT quickly corrected the error. Despite this, the platform’s token has seen notable gains in the past week and month, surging 54.8% and more than 90%, respectively, although it experienced a 15% decline over the last 24 hours.
Meanwhile, Alchemist AI is a no-code platform that empowers users to create AI-driven software applications without needing extensive programming knowledge. The ALCH token has gained significant attention, having increased by 117% in the past week and 222% over the past month, despite a slight decline in the last 24 hours.
These new futures contracts are part of OKX’s broader strategy to cater to the rising demand for AI-driven cryptocurrency projects. Both tokens are now subject to the exchange’s price limit rules, which will set a funding fee cap at 0.03% before 16:00 UTC on launch day, after which it will return to the usual 1.50%. The funding fee will become effective starting from 20:00 UTC on January 3.
OKX’s move is part of a broader trend in the cryptocurrency space, where AI-based projects are becoming increasingly influential. With high leverage and support from a prominent exchange, these AI tokens are poised for potentially significant market movements in the coming months.