Key Highlights:
- OKX announces pre-market perpetual futures trading for Monad (MON) and Meteora (MET).
- MON/USDT and MET/USDT perpetual futures will offer up to 5x leverage.
- Monad boosts scalable EVM performance, while Meteora reshapes DEX liquidity.
OKX has announced today, October 10, 2025, the launch of pre-market perpetual futures trading of two of the most anticipated blockchain projects in the cryptocurrency sector, Monad (MON) and Meteora (MET). Through this launch, OKX wants to give traders a new way to find fair prices and manage risks before these assets are listed for spot trading.
By adding more trading options, OKX is solidifying its role as one of the top crypto exchanges, trying to provide traders with early access to new blockchain projects.
Precise Launch Times for MON and MET
According to the official announcement, the pre-market trading for both these tokens MON and MET will start at 8:00 AM UTC on October 10, 2025, while MET/USDT perpetual futures will go live at 8:15 AM UTC the same day. These perpetual futures contracts are USDT-margined and are typically converted to standard perpetual contracts following the official spot market listing of the underlying tokens. The exact conversion date has not been disclosed yet but further updates from OKX will follow in due course.
Both the contracts are said to offer 24/7 trading which will make them accessible to global users around the clock on OKX. This phased rollout makes sure that the traders have a structured opportunity to participate in the market ahead of broader listing events, which will be a significant advantage for price discovery and momentum analysis.
Key Specifications and Trading Parameters
OKX’s pre-market perpetual futures for MON and MET are built to give traders flexibility and safer risk control. They allow leverage from 0.01x up to 5x, with price steps of 0.00001 for MON/USDT and 0.0001 for MET/ USDT. A fixed daily funding rate of 0.03% applies, with fees settled every four hours. Both of these are perpetual contracts, and their prices track the last traded value of MON/USDT and MET/USDT pairs.
All settlements are done in USDT, making them simple to use and easy to fit into different trading strategies. Each MON/USDT contract equals 10 MON, while each MET/ USDT contract equals 1 MET. Prices are quoted in USDT for each unit of MON or MET.
These features are designed in such a way that they support all types of traders, whether they are quick short-term players or institutions with larger positions. Limited leverage, frequent settlements, and clear pricing help protect the market and boost trader trust, especially before these tokens are officially listed for spot trading.
Monad: A High-Performance Layer-1 Blockchain
Monad is a project that combines high speed with smart contract compatibility. It has recently also joined Chainlink’s Scale program, which gives developers secure data feeds and cross-chain tools. The team also acquired Portal Labs to help bring in stablecoin infrastructure, an important step towards payments and real-world use. As the project promises 10,000 transactions per second and full EVM support, it is also being seen as a serious contender for Ethereum migration and mass adoption.
Meteora: A DEX Focused on Liquidity Efficiency
Meteora has managed to grab attention from the crypto community members because of its “Phoenix Rising” tokenomics: 48% of MET’s supply will be fully unlocked at launch, and most of the holders will get immediate liquidity (not the team and the reserves). The project has also planned for a “liquidity distributor” model that embed airdrops into automated LP positions, so rewards earn trading fees rather than being dumped immediately.
On top of it, Meteora is also scaling fast, the project’s 30-day trading volume crossed $400M and it is collaborating with Jupiter to launch JupUSD as a stablecoin backbone.
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