Dear OKX Users,
OKX is excited to announce the listing of HUMA (Huma Finance) for spot trading. Below are the key timelines:
Key Dates & Times (UTC+8)
- HUMA Deposits Open: May 26, 2025, 11:00 AM
- Order Collection Period: 8:00 PM – 9:00 PM
- HUMA/USDT Spot Trading: Begins May 26, 2025, 9:00 PM
- HUMA Withdrawals Open: 11:00 PM
👉 Participate in Huma Finance’s 20,000,000 $HUMA token reward event
Spot Trading Risk-Control Rules
Order Restrictions (First 5 Minutes)
To mitigate volatility:
- Market orders disabled
- Limit order cap: $10,000 per order
- Max user net position: $10,000
Restrictions lift automatically after 5 minutes.
Price Limit Rules
Two phases apply:
- Closing-Price Based Limits (Before stable index price):
| Phase | Buy Order Ceiling | Sell Order Floor |
|-------|-------------------|------------------|
| Minute 1 | Auction price × (1 + H) | No limit |
| Minutes 1–N | Prior-minute close × (1 + H) | No limit | - Index-Price Based Limits (Post-stable index):
| Phase | Buy Order Ceiling | Sell Order Floor |
|-------|-------------------|------------------|
| First 10 mins | Index × (1 + X) | Index × (1 – X) |
| After 10 mins | Complex dynamic formula | Complex dynamic formula |
Parameters (N, H, X, Y, Z) may adjust without notice.
About the Auction Mechanism
HUMA/USDT launches via a 1-hour call auction:
- Users submit limit orders pre-trading.
- System calculates reference opening price.
Rules:
- Max buy/user: $50,000 during auction.
- Last 5 mins: No order modifications.
👉 Learn more about OKX’s auction rules
Note: Project-provided reference prices don’t affect your order execution.
Project Overview: Huma Finance
A PayFi network enabling instant liquidity for global payments.
- Full Name: Huma Finance
- Ticker: HUMA
- Max Supply: 10,000,000,000
- Contract:
HUMA1821qVDKta3u2ovmfDQeW2fSQouSKE8fkF44wvGw
Deposit USDT Now
Prepare for HUMA/USDT trading by depositing USDT today.
OKX remains committed to superior products and services.
OKX Team
May 26, 2025
FAQs
Q1: When does HUMA spot trading start?
A1: May 26, 2025, 9:00 PM (UTC+8).
Q2: Are there trading limits initially?
A2: Yes—$10,000 max/order and position for the first 5 minutes.
Q3: What’s Huma Finance’s use case?
A3: It’s a PayFi network optimizing payment liquidity globally.
Q4: How does the auction work?
A4: Orders aggregate for 1 hour; reference price sets post-auction.
Q5: Where can I check real-time rules?
A5: Visit OKX’s spot trading info page.