The DOGS token, inspired by Spotty—the beloved mascot created by TON founder Pavel Durov for the Telegram community—is set to make its debut on OKX with adjusted timelines for spot trading and pre-market futures delivery. As part of this launch, OKX has updated key dates and procedures to align with changes in DOGS' release schedule. This article outlines all essential details, including deposit and withdrawal times, auction schedules, futures delivery mechanics, risk management protocols, and more.
Whether you're an experienced trader or new to digital assets, understanding these updates is crucial for participating effectively in the DOGS listing. Below is a comprehensive overview of what to expect.
📅 Updated Timeline for DOGS Listing
Due to shifts in the DOGS publication timeline, OKX has revised the following key dates:
- DOGS Deposits Begin: August 14, 2024, at 16:00 WIB (UTC+7)
- DOGS Auction Period: August 26, 2024, from 18:00 to 19:00 WIB
- Spot Trading Launch (DOGS/USDT): August 26, 2024, at 19:00 WIB
- DOGS Withdrawals Start: August 27, 2024, at 17:00 WIB
These adjustments ensure smooth integration into the exchange ecosystem and provide users with sufficient time to prepare.
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🐶 Project Overview: What Is DOGS?
Asset Name: Dogs
Ticker Symbol: DOGS
Total Supply: 550,000,000,000 tokens
Contract Address: EQCvxJy4eG8hyHBFsZ7eePxrRsUQSFE_jpptRAYBmcG_DOGS
DOGS is more than just a meme-inspired token—it represents a cultural movement rooted in the vibrant Telegram and TON (The Open Network) ecosystems. Created as a tribute to Spotty, the official dog mascot of TON, DOGS embodies community spirit, decentralization, and fun-driven engagement.
With a massive total supply designed for broad distribution, DOGS aims to foster widespread adoption across social and decentralized finance applications within the TON blockchain environment.
📦 Pre-Market Futures Delivery Details
OKX will deliver USDT-margined pre-market futures contracts for DOGS on August 26, 2024, at 11:00 WIB, ahead of the official spot listing. Here’s what traders need to know:
🔹 Delivery Timing
Pre-market futures are typically settled 24 hours before the asset goes live on the spot market. However, if the spot listing time changes due to external factors, the delivery schedule will be adjusted accordingly. Users are advised to monitor official OKX announcements for real-time updates.
🔹 Settlement Price Calculation
The final delivery price is determined using a transparent and market-based mechanism:
- Actual Delivery Price = Average index price during the last hour before delivery, sampled every 200 milliseconds.
- Index Price Source: Based on the latest pre-market trading price of DOGS on OKX.
- Estimated Delivery Price = Rolling average of the index price over the final hour.
- OKX reserves the right to incorporate data from other reputable exchanges to ensure fairness and accuracy in pricing.
This methodology helps prevent manipulation and ensures that settlement reflects genuine market sentiment.
🔹 Position Limits Before Delivery
To mitigate settlement risks, position adjustments are restricted during the final hour before delivery:
- Hedging Mode: Only closing orders are allowed.
One-Way Mode: Only “reduce-only” or reverse orders (with size ≤ current position) can be placed.
- If cumulative reverse orders exceed your current position, no new reduce-only orders can be submitted.
- Always review pending orders before placing new ones.
This safeguard promotes orderly markets and reduces systemic risk during high-volatility periods.
🔹 Settlement Fee
A 1% settlement fee applies, though OKX may adjust this rate based on market conditions. Any changes will be announced in advance.
🔹 Price Bands and Order Restrictions
After contract creation:
- Maximum buy order price = Average mid-price over the past hour × (1 + 15%)
- Minimum sell order price = Average mid-price over the past hour × (1 – 15%)
During the last 60 minutes before delivery, these bands tighten:
- Buy cap: × (1 + 5%)
- Sell floor: × (1 – 5%)
Mid-Price Formula: (Highest Bid + Lowest Ask) / 2
These limits are recalculated every minute to reflect real-time market dynamics.
Upon delivery:
- All active contracts are settled.
- Relevant trading is halted.
- Pending orders are automatically canceled.
- Positions are delivered at the arithmetic average of the last traded price in the hour preceding delivery.
In cases of abnormal price activity during this critical window, OKX may adjust the final settlement price to a fair and reasonable level.
Additionally:
- Users holding DOGSUSDT futures positions valued above $10,000 at delivery will face a 30-minute transfer freeze post-settlement.
- Normal withdrawals resume after this period.
- Trade history and billing records remain accessible via the Report Center on OKX Web for data backup.
⚠️ Risk Management Reminder
Pre-market futures prices are driven purely by speculative market behavior and do not reflect intrinsic or fair market value. Given the potential for sharp volatility leading up to delivery:
✅ Reduce leverage exposure
✅ Close or hedge open positions early
✅ Monitor your risk levels closely
Trading digital assets involves significant risk—prices can swing dramatically in short periods, liquidity may dry up unexpectedly, and full capital loss is possible. Always conduct independent research and assess your personal risk tolerance before engaging in any trade.
👉 Learn how top traders manage volatility during token launches
❓ Frequently Asked Questions (FAQ)
Q: Why has OKX changed the DOGS trading schedule?
A: The adjustment aligns with updated release timelines from the DOGS project team. OKX prioritizes transparency and fairness, ensuring all users receive timely updates.
Q: Can I still trade DOGS futures after delivery?
A: No. Pre-market futures contracts are settled before spot trading begins. Once delivered, you can trade DOGS directly on the spot market starting at 19:00 WIB on August 26.
Q: How is the delivery price calculated if there's price manipulation?
A: OKX uses a time-weighted average price sampled every 200ms. In case of anomalies, we reserve the right to adjust the final price to a reasonable level based on broader market data.
Q: Will I lose my funds during settlement?
A: No. Your position will be settled in USDT or DOGS (depending on contract terms), and assets will be credited to your account. A temporary transfer restriction applies only to large positions for risk control.
Q: Where can I find historical trade data after delivery?
A: All records remain available in your account. You can download them via the Report Center on OKX Web.
Q: Is DOGS a safe investment?
A: DOGS is a highly speculative digital asset with no guaranteed returns. Like all crypto investments, it carries high volatility and risk. Conduct thorough research before participating.
🔍 Core Keywords
- DOGS token
- OKX futures delivery
- Pre-market trading
- TON blockchain
- Spot trading launch
- Digital asset listing
- Crypto auction
- USDT-margined contracts
These keywords have been naturally integrated throughout the article to enhance search visibility while maintaining readability and relevance.
Final Thoughts
The upcoming launch of DOGS on OKX marks an exciting moment for fans of meme culture, Telegram enthusiasts, and TON ecosystem participants. With clear timelines, transparent delivery mechanisms, and robust risk controls in place, OKX ensures a fair and secure environment for all traders.
Stay informed, manage your exposure wisely, and take advantage of structured opportunities like pre-market futures—with proper caution.
👉 Start preparing for the next big token launch—trade smarter today