OKX is excited to announce the listing of USDG (Global Dollar) on our spot trading markets. Below are the key details and timeline for the listing:
Listing Timeline
- USDG Deposits Open: 6:00 am UTC on June 4, 2025
- Call Auction Period: 12:00 pm to 1:00 pm UTC on June 5, 2025
- USDG/USDT Spot Trading Begins: 1:00 pm UTC on June 5, 2025
- USDG Withdrawals Open: 3:00 pm UTC on June 5, 2025
Spot Market Opening Risk Control Rules
Order Limits (First 5 Minutes):
- Market orders are disabled.
- Maximum limit order amount: $10,000 per order.
- Maximum net position per user: $10,000.
Restrictions lift 5 minutes after trading starts.
Price Limit Rules:
- Closing Price-Based Limits: Applied when no stable index price is available.
- Index-Based Limits: Activated once a stable index price is established.
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First 1 minute | Call auction price × (1 + H) | No limit |
| Subsequent minutes | Previous minute’s closing price × (1 + H) | No limit |
| Post-stabilization | No limit | No limit |
👉 Explore real-time trading rules
About Call Auctions
USDG/USDT will debut via a 1-hour call auction. Key rules:
- Maximum buy order value per user: $50,000.
- Orders cannot be modified/canceled in the last 5 minutes.
The project team’s suggested opening price (informational only) will display post-auction.
Project Introduction: Global Dollar (USDG)
USDG is a regulated, USD-backed stablecoin available on Ethereum and Solana.
- Asset Name: Global Dollar
- Ticker: USDG
- Contract:
2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH
How to Prepare
Deposit USDT to trade USDG/USDT pairs upon launch.
FAQ Section
Q1: When does USDG/USDT trading start?
A1: Spot trading begins at 1:00 pm UTC on June 5, 2025.
Q2: Are there trading limits initially?
A2: Yes—$10,000 max per order/net position for the first 5 minutes.
Q3: What is USDG’s backing?
A3: USDG is 1:1 backed by US dollars and issued by a regulated provider.
Q4: Can I withdraw USDG immediately after listing?
A4: Withdrawals open at 3:00 pm UTC on June 5, 2025.
Q5: How is the opening price determined?
A5: Via call auction; project team’s suggested price is informational only.
Risk Warning: Digital assets are speculative and volatile. Conduct your own research and assess risks before trading. OKX is not liable for trading losses.
For support, contact OKX via official channels.
OKX Team
June 4, 2025