OKX is set to launch perpetual futures for the AI projects GRIFFAIN and ZEREBRO today

OKX is launching USDT-margined perpetual futures for two AI-focused digital assets, GRIFFAIN and ZEREBRO, today, December 27, 2024, at 07:00 am UTC and 07:15 am UTC, respectively. Both assets will offer up to 50x leverage and reduced fees.

GRIFFAIN is an AI-powered platform that allows users to turn their intentions into tasks through personalized AI agents, with a focus on automation. The perpetual futures for GRIFFAIN will have a contract size of 10 and a funding interval of 4 hours.

ZEREBRO is an AI platform designed for decentralized content creation, distribution, and analysis on social platforms, enabling autonomous AIs to integrate into decentralized ecosystems. The perpetual futures for ZEREBRO will have similar trading specifications to GRIFFAIN.

In response to market volatility during the first phase of trading, OKX will limit the funding fee for both futures to 0.03% until 4:00 pm UTC on December 27. Afterward, the maximum funding fee will revert to the usual 1.5%. Fees will be applied every four hours.

This launch is part of OKX’s broader strategy to expand its perpetual futures offerings, driven by growing demand for AI-themed crypto assets. The exchange advises traders to review the perpetual futures trading guide and terms, as these contracts adhere to the same price limits as other digital assets on the platform.

The AI crypto sector has seen a 4.68% market cap increase over the past week, valued at $32.63 billion according to CryptoSlate.