OKX is excited to announce the listing of TerraUSD (UST) on its spot trading markets, reinforcing its commitment to fostering the Terra ecosystem's expansion. Alongside this listing, OKX will introduce related OKX Earn products—details to be revealed soon!
UST Trading Schedule
Mark your calendars for these key milestones:
- Deposits Open: 7:00 am UTC, November 4
- Spot Trading (UST/USDT) Begins: 10:00 am UTC, November 4
- Withdrawals Activated: 10:00 am UTC, November 5
What Is TerraUSD (UST)?
TerraUSD (UST) is a decentralized, algorithmic stablecoin native to the Terra blockchain, designed to maintain a 1:1 peg with the US Dollar. Key features include:
- Scalability: Built for high throughput, addressing limitations seen in legacy stablecoins.
- Yield Generation: Integrates with Terra's DeFi protocols to offer passive income opportunities.
- Cross-Chain Utility: Facilitates seamless transactions across multiple blockchain networks.
UST Tokenomics
| Metric | Value |
|---|---|
| Asset Name | TerraUSD |
| Ticker | UST |
| Total Supply | 2,826,954,222 |
| Circulating Supply | 2,826,954,222 |
(Data as of November 4, sourced from CoinGecko)
Why This Listing Matters
The integration of UST into OKX's marketplace provides traders with:
- Enhanced liquidity for Terra-based assets.
- Access to OKX Earn, enabling yield optimization strategies.
- A secure, regulated platform for stablecoin transactions.
👉 Explore UST Trading on OKX Today
Risk Disclosure
Digital asset trading carries inherent risks, including potential loss of capital. Assess your risk tolerance, investment goals, and consult a financial advisor if needed.
FAQs
1. When can I start trading UST on OKX?
Spot trading begins at 10:00 am UTC on November 4.
2. Will OKX offer staking or earn products for UST?
Yes! OKX Earn products for UST will launch soon—stay tuned for updates.
3. How does UST maintain its peg to the US Dollar?
UST uses algorithmic mechanisms and arbitrage incentives within the Terra ecosystem to stabilize its value.
4. Where can I get help with this listing?
Reach out via the OKX Support Center or join the official Telegram group.
👉 Start Trading UST on OKX Now
OKX continues to lead in crypto innovation, offering trusted access to emerging digital assets.
### Keywords:
- TerraUSD
- UST listing
- OKX spot trading
- Algorithmic stablecoin
- Terra ecosystem
- OKX Earn
- Decentralized finance
- Stablecoin scalability