Iris Coleman
Nov 11, 2025 00:29
OKX declares the itemizing of Allora (ALLO) for spot buying and selling, detailing timelines for deposits, auctions, and buying and selling. Be taught in regards to the buying and selling restrictions and challenge introduction.
Cryptocurrency trade OKX has introduced the itemizing of Allora (ALLO) on its spot buying and selling platform, with key actions scheduled for November 11, 2025. This itemizing introduces a brand new alternative for merchants to interact with Allora, a decentralized AI community, by way of the ALLO/USDT buying and selling pair, in response to OKX.
Buying and selling Schedule and Restrictions
The itemizing course of for ALLO entails a number of vital timelines. Deposits for ALLO started at 7:30 am UTC, adopted by a name public sale from 12:00 pm to 1:00 pm UTC. The ALLO/USDT spot buying and selling formally opens at 1:00 pm UTC. Withdrawals will likely be obtainable beginning at 4:00 pm UTC.
To handle market volatility, OKX has carried out particular buying and selling restrictions in the course of the preliminary part. For the primary 5 minutes of buying and selling, market orders are prohibited, and the utmost quantity per restrict order is capped at $10,000. Moreover, the utmost web place per person can also be restricted to $10,000. These constraints intention to take care of market stability and will likely be lifted after the preliminary five-minute interval.
Worth Restrict Guidelines
OKX has established worth restrict guidelines to make sure orderly buying and selling. Within the absence of a secure index worth, closing price-based limits are utilized. This entails a collection of calculations to find out most bid and minimal ask costs, primarily based on the decision public sale’s execution worth and subsequent closing costs. As soon as a secure index worth is established, index-based restrict guidelines will take impact. These guidelines are topic to vary primarily based on market circumstances, with out prior discover.
About Allora
Allora is a decentralized AI community that enhances functions by leveraging a self-improving community of machine studying fashions. The challenge operates on the Ethereum blockchain, with the contract deal with 0x8408D45b61f5823298F19a09B53b7339c0280489. As a decentralized platform, Allora goals to supply smarter and safer AI options.
Name Public sale Mechanism
The decision public sale mechanism is a pivotal a part of the ALLO itemizing course of. In the course of the one-hour name public sale interval, merchants can submit purchase and promote orders at most well-liked costs. This mechanism is designed to find out an indicative opening worth primarily based on collective submissions. To make sure market orderliness, every person’s purchase orders in the course of the public sale are restricted to $50,000, and modifications to orders are restricted within the last 5 minutes of the public sale.
OKX’s method to itemizing new tokens like ALLO displays its dedication to offering a structured and safe buying and selling setting. By implementing these measures, OKX goals to mitigate dangers and supply a balanced buying and selling expertise for all contributors.
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