OKX has officially announced the listing of RESOLV (Resolv) on its spot trading markets. This guide provides a comprehensive overview of the listing timeline, trading rules, and essential project information to help you navigate this new opportunity.
Listing Schedule and Important Timelines
Mark your calendar for these critical dates and times (all in UTC):
- RESOLV Deposits Open: June 4, 2025, at 10:00 AM
- Call Auction Period: June 10, 2025, from 12:00 PM to 1:00 PM
- RESOLV/USDT Spot Trading Begins: June 10, 2025, at 1:00 PM
- RESOLV Withdrawals Open: June 10, 2025, at 3:00 PM
Understanding this schedule is crucial for planning your participation in the new market.
Understanding the Spot Market Opening Risk Controls
To ensure market stability and protect investors during the initial volatile period of a new listing, OKX implements specific risk control rules for the first five minutes after spot trading commences.
Order Limits During the Initial Five Minutes
- Market Orders: Not permitted.
- Limit Order Maximum: $10,000 per order.
- User Net Position Cap: $10,000 per user.
These protective measures are automatically lifted five minutes after trading begins, allowing for standard market operations.
Price Limit Rules Explained
The platform employs a dynamic system for price limits that evolves as market data becomes available.
Closing Price-Based Limit Rules are used initially when a stable index price is not yet established. The rules are structured in phases:
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First minute after listing | Call auction’s execution price × (1 + H) | No limit |
| 1st to Nth minute (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 |
Once a stable index price is established, the system switches to Index-Based Limit Rules:
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First 10 minutes of listing | Index × (1 + X) | Index × (1 – X) |
| After the first 10 minutes | A calculated minimum of three values* | A calculated maximum of three values* |
*The complex calculations for the later phase are designed to balance market fairness and stability. OKX reserves the right to adjust parameters (N, H, X, Y, Z) or change the calculation method based on real-time market conditions without prior notice. 👉 View real-time trading rules and parameters
A Guide to the Call Auction Mechanism
The RESOLV/USDT listing will utilize a call auction to determine a fair opening price. This one-hour period allows users to submit buy and sell orders at their desired prices before continuous trading begins.
Key rules for the call auction:
- Each user's total buy orders cannot exceed a value of $50,000.
- During the final five minutes of the auction, orders can be placed but cannot be canceled or modified.
Following the auction, OKX will display a "project team’s opening price" on the trading chart. It is crucial to understand that this price is provided by the token project team for informational purposes only. It is not the result of the call auction and will not affect the execution prices of your orders.
RESOLV Project Overview
Resolv is a decentralized finance (DeFi) protocol operating on the Ethereum blockchain. Its core innovation lies in generating yield for stablecoin holders through a combination of sophisticated strategies.
- Project Focus: A stablecoin protocol designed to produce income.
- Primary Yield Mechanisms: Basis trading and Ethereum staking rewards.
- Asset Name: Resolv
- Ticker Symbol: RESOLV
- Total Token Supply: 1,000,000,000
- Contract Address: 0x259338656198eC7A76c729514D3CB45Dfbf768A1
This dual-yield approach aims to provide a more robust income model compared to traditional stablecoin holding.
Preparing for Trading: Deposit USDT
To participate in the RESOLV/USDT trading pair, you will need USDT in your spot wallet. Ensure you deposit sufficient funds ahead of the trading start time to be ready when the market opens.
Frequently Asked Questions (FAQ)
Q: What is a call auction, and why is it used?
A: A call auction is a process where buy and sell orders are collected for a set period before continuous trading begins. The system matches these orders to calculate a single, fair opening price, which helps reduce initial volatility and provides a more orderly market start for all participants.
Q: Can I cancel my order during the call auction?
A: Yes, you can cancel orders for most of the auction period. However, order cancellations and modifications are disabled during the final five minutes before the auction ends to ensure a smooth and fair settlement process.
Q: What does the "project team’s opening price" mean?
A: This is a reference price provided by the Resolv project team, often based on their project valuation. It is displayed on the OKX chart for informational context only. Your orders will execute based on actual market prices formed by supply and demand, not this suggested price.
Q: Are the trading rules for new listings always the same?
A: No. While the framework is consistent, OKX may adjust specific parameters like price limit bands (H, X, Y, Z) or switch between calculation methods based on real-time market conditions to maintain a fair and stable trading environment.
Q: Where can I find the most current trading rules?
A: The most up-to-date and detailed trading rules are always available on the OKX official website. Market regulations can be subject to change, so it's good practice to 👉 check the latest information before engaging in trading activities.
Q: What is the total supply of RESOLV tokens?
A: The total maximum supply of RESOLV tokens is fixed at 1 billion (1,000,000,000).
Risk Warning
The information provided here, including details from third-party sources like project teams, is for informational purposes only. OKX does not guarantee its accuracy or completeness, and it should not be considered financial, investment, or trading advice. This information may not be suitable for all investors.
Digital assets are highly speculative, volatile, and can become illiquid. Investors must be prepared to potentially lose the entire value of their investment. It is essential to conduct your own thorough research (DYOR) and carefully evaluate your personal risk tolerance before trading any digital asset. OKX is not liable for any losses incurred from trading.