OKX to list NAVX (NAVI Protocol) for spot trading
OKX is pleased to announce the listing of NAVX (NAVI Protocol) on our spot trading markets. Please take note of the following details:
Listing timeline
NAVX deposits will open at 6:00 am UTC on Mar 25, 2025.
NAVX call auction will take place from 9:00 am to 10:00 am UTC on Mar 25, 2025.
NAVX/USDT spot trading will open at 10:00 am UTC on Mar 25, 2025.
NAVX withdrawals will open at 10:00 am UTC on Mar 26, 2025.
Spot market opening risk control rules
Order limits:
To protect investors from market volatility during new coin listings, OKX will apply the following restrictions during the first 5 minutes after spot trading begins:
Market orders are not allowed.
The maximum amount per limit order is $10,000.
The maximum net position per user is $10,000.
These restrictions will be lifted 5 minutes after trading starts.
Price limit rules:
When a newly listed crypto lacks a stable index price, the platform will adopt closing price-based limit rules. Once a stable index price becomes available, index-based limit rules will be applied.
Closing price-based limit calculation rules:
Phase | Maximum bid price | Minimum ask price |
Within the first 1 minute of listing | Call auction’s execution price × (1 + H) | No limit |
From the 1st - Nth minutes (until index is available) | Previous minute’s closing price × (1 + H) | No limit |
After the Nth minute (until index is available) | No limit | No limit |
Index-based limit calculation rules:
Phase | Maximum bid price | Minimum ask price |
Within the 10 minutes of listing | Index × (1 + X) | Index × (1 – X) |
After the first 10 minutes of listing | Min[Max(Index, Index (1 + Y) + Avg premium in the last 2 mins), Index × (1 + Z)] | Max[Min(Index, Index × (1 – Y) + Avg premium in the last 2 mins), Index × (1 – Z)] |
OKX may adjust the parameters N, H, X, Y, Z or switch limit price calculation methods based on market conditions without prior notice.
For real-time rules, please visit /trade-market/info/spot.
About Call Auctions
Call auction mechanism will be used for spot listing of NAVX/USDT. The call auction period will last for 1 hour.
OKX operates a call auction mechanism that allows you to submit buy and sell orders at your desired prices according to certain trading parameters before a new trading pair officially begins trading. The trading system processes all submissions according to call auction rules and calculates an indicative opening price based on these submissions.
In order to maintain an orderly market for all users and to limit disruptive trading experiences, we have decided that (1) the total value of each user’s buy orders during a call auction must not exceed 50,000 USD, and (2) during the last 5 minutes before the call auction ends, users can still place orders but cannot cancel or modify orders. Please visit OKX Call Auction Mechanism to learn more about rules.
In order to provide more trading information, following the end of the call auction, OKX will display the project team’s opening price at the commencement of continuous trading as the initial price of the trading chart. The project team’s opening price is provided by the token project team usually based on the valuation of the project. This project team’s opening price is displayed for information purpose only, and is not determined by the call auction mechanism, and will not impact the prices where you will execute the orders.
Project introduction
NAVI Protocol is a modular DeFi infra that offers Lending, DEX Aggregation, and LSDeFi on Sui.
Asset name: NAVI Protocol
Ticker: NAVX
Total supply: 1,000,000,000
Contract: 0xa99b8952d4f7d947ea77fe0ecdcc9e5fc0bcab2841d6e2a5aa00c3044e5544b5::navx::NAVX
Check NAVI Protocol Price: https://www.okx.com/price/navi-protocol-navx
Deposit USDT
Top up your balance to get ready for NAVX/USDT spot trading:
Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty or any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to OKX Terms of Service and Risk & Compliance Disclosure for more information.
For any inquiries, please feel free to contact us via OKX Support Center or connect with us on any platform of your choice.
OKX Team
Mar 25, 2025