Key Points
- NEIRO token surged by 43% today, reaching a market cap of over $92 million.
- Earlier, OKX announced listing perpetual futures for NEIROETH.
Neiro on Ethereum (NEIRO) token recorded a significant price surge today of over 53%.
At the moment of writing this article, the coin is trading above $0.093 and it has a total market cap of over $92 million.
Earlier today, NEIRO reached a price of over $0.097.
The team behind NEIRO shared an important announcement via X today, revealing that it has been listed on the OKX futures market.
OKX Listed Perpetual Futures For NEIROETH
The team behind Neiro on Ethereum shared a post on social media, revaling the listing and highlighting that OKX has one of the strongest meme markets.
This morning, OKX revealed that the USDT-margined perpetual futures for NEIROETH would be enabled today, September 6.
Here are the official details as listed by the exchange:
- NEIROETH/USDT Perpetual Futures trading opened at 10:00 am (UTC) today.
- The settlement asset is USDT.
- Face value is 100.
- Price quotation: 1 NEIROETH value calculated in USDT equivalent.
- Tick size is 0.00001.
- Leverage is between 0.01 and 20x.
- Funding fee is Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0
- Trading hours are 24/7.
OKX also noted that when a contract is launched, the premium is unstable.
Via the official announcement, the exchange told users that to avoid unreasonable charges, the upper limit of the funding fee before 4: pm (UTC) on September 6 is 0.03 and after that hour the upper limit of the predicted funding fee will be adjusted to 1.5%.
The exchange also noted that the price limit rules of NEIROETH USDT-margined perpetual futures trading are the same as those of other cryptos.
OKX also announced BRETT and CAT USDT-margined perpetual futures listings today.
What is Neiro on Ethereum (NEIRO)?
Neiro is a memecoin on Ethereum inspired by the 10-year-old rescue Shiba Inu dog adopted by the owner of Kabosu, the original Doge.
