OKX plans to modify AUCTIONUSDT perpetual contract settlement frequency, a significant step to improve market liquidity and risk management.
Changes in OKX for AUCTIONUSDT
On March 23, 2025, OKX will change the AUCTIONUSDT perpetual contract funding settlement frequency from every 4 hours to every 2 hours. This change aims to enhance liquidity and provides traders with more dynamic options to manage risk. The adjustment is expected to influence market behavior, aligning with OKX's official announcement.
Market Volatility and Activity
The AUCTION token witnessed a 59.59% drop within 24 hours amid market volatility, underscoring the impact of funding frequency adjustments on asset stability. The current AUCTION price is $24.45, with a market cap of $161.11 million, and a fully diluted market cap of $244.47 million. Trading volume stands at $1.59 billion, up by 22.29% over 24 hours.
Expert Opinions
Experts suggest that adjusting funding intervals might reduce volatility, fostering a balanced trading ecosystem. Analysts believe this evolution could attract more traders, potentially leading to increased market engagement and liquidity improvements.
The change in AUCTIONUSDT perpetual contract settlement frequency is a strategic move by OKX to enhance market liquidity and trading conditions, potentially leading to greater trader participation and asset stability.
