The cryptocurrency trading landscape continues to evolve, and one of the latest milestones is the launch of the JELLYJELLYUSDT perpetual contract on OKX, one of the world’s leading digital asset exchanges. This new offering brings a unique meme-inspired token into the realm of advanced derivatives trading, combining innovation, accessibility, and high-performance trading tools.
Scheduled to go live on March 26, 2025, at 11:30 PM (UTC+8), the JELLYJELLYUSDT perpetual contract is now available across OKX’s full suite of platforms — including web, mobile app, and API interfaces — giving traders seamless access to this emerging digital asset.
What Is JELLYJELLY?
JELLYJELLY (also known as Jelly-My-Jelly) is a meme-based cryptocurrency built on the Solana blockchain, designed to merge social interaction with decentralized technology. More than just a speculative token, JELLYJELLY aims to power an AI-driven video application that enables users to create, edit, and share short-form content.
Holders of the JELLYJELLY token gain priority access to exclusive features within the app, creating a utility-driven ecosystem where community engagement and token ownership go hand in hand. As social-fi (social finance) trends gain momentum in the Web3 space, projects like JELLYJELLY represent a growing shift toward community-powered platforms with real-world use cases.
With its launch on OKX’s derivatives market, traders can now leverage price movements of this innovative token without needing to hold it directly — opening up new opportunities for both short-term speculation and long-term positioning.
Key Features of the JELLYJELLYUSDT Perpetual Contract
Understanding the technical specifications of a perpetual contract is crucial for risk management and strategic planning. Below is a detailed breakdown of the core parameters:
Trading Start Time
- Launch Date & Time: March 26, 2025, 11:30 PM (UTC+8)
Contract Specifications
- Underlying Asset: JELLYJELLY/USDT Index
- Settlement Currency: USDT
- Contract Size: 100 units
- Price Quotation: Based on the USDT value of 1 JELLYJELLY
- Minimum Price Increment (Tick Size): 0.00001
- Leverage Range: 0.01x to 20x (adjustable based on position size and risk settings)
- Funding Rate Interval: Every 4 hours
- Trading Hours: 7 days a week, 24 hours a day
Funding Rate Mechanism
The funding rate is calculated using the following formula:
Clamp(MA[((Bid + Ask)/2 – Spot Index Price) / Spot Index Price – Interest], -1.5%, 1.5%)
Where:
- Interest = 0
- Clamp ensures rates stay within ±1.5%
⚠️ Special Note: To prevent excessive volatility during the initial listing phase, the funding rate cap was temporarily set at 0.5% until March 27, 2025, at 12:00 AM (UTC+8). After this period, it reverted to the standard ±1.5% range. The first actual funding fee collection occurred at 4:00 AM (UTC+8) on March 27.
This temporary adjustment helps stabilize early market conditions and protects traders from unexpected costs due to price divergence between spot and futures markets.
👉 Start trading JELLYJELLYUSDT with powerful tools and deep liquidity today.
Why Trade JELLYJELLY on OKX?
OKX has established itself as a top-tier exchange for crypto derivatives, offering robust infrastructure, tight spreads, and advanced order types. By listing JELLYJELLYUSDT, OKX provides traders with exposure to a trending social-fi meme token backed by real technological development.
Some advantages include:
- High Leverage Options: Up to 20x allows experienced traders to amplify returns (with appropriate risk controls).
- Low Latency Execution: Ideal for scalpers and algorithmic traders leveraging API access.
- Global Market Access: Round-the-clock trading不受节假日或 regional restrictions.
- Secure & Regulated Environment: OKX adheres to strict compliance standards, ensuring user funds and data are protected.
Moreover, the integration of JELLYJELLY into OKX’s ecosystem increases visibility and liquidity for the project — potentially driving broader adoption across decentralized applications and NFT communities.
Frequently Asked Questions (FAQ)
Q: What is a perpetual contract?
A: A perpetual contract is a type of futures contract that doesn’t have an expiration date. Traders can hold positions indefinitely, with periodic funding payments exchanged between long and short sides to keep the contract price aligned with the underlying spot market.
Q: Can I trade JELLYJELLYUSDT on mobile?
A: Yes. The JELLYJELLYUSDT perpetual contract is fully supported on the OKX mobile app for iOS and Android devices, allowing you to trade anytime, anywhere.
Q: How is the funding fee calculated?
A: The funding fee depends on the difference between the perpetual contract price and the spot index price. It’s paid every 4 hours and uses a moving average model to smooth out short-term spikes. During the first few hours after launch, special caps were applied to reduce volatility-related risks.
Q: Is there a minimum trade size?
A: While there’s no fixed minimum account balance, the smallest order size must meet the exchange’s lot size requirements. For JELLYJELLYUSDT, this is determined by the contract value and tick size.
Q: What risks should I be aware of when trading meme coins?
A: Meme tokens like JELLYJELLY often experience high volatility due to community sentiment, social media trends, and speculative trading. Always use stop-loss orders, avoid over-leveraging, and conduct thorough research before entering a position.
👉 Explore advanced charting tools and real-time market data for smarter trading decisions.
Strategic Insights for Traders
Given JELLYJELLY’s foundation in social media and AI-powered video tools, its price dynamics may be influenced more by online engagement metrics than traditional fundamentals. Traders should monitor:
- Social media mentions (e.g., X/Twitter, Reddit)
- App download trends or beta releases
- Influencer endorsements or viral content campaigns
- On-chain activity such as wallet growth or transaction volume
Combining these qualitative signals with technical analysis (such as RSI, MACD, and volume profiles) can provide a more holistic view of potential price movements.
Additionally, because the contract settles in USDT, traders avoid exposure to Bitcoin or Ethereum volatility — making it ideal for those who want direct exposure to JELLYJELLY’s performance in stablecoin terms.
Final Thoughts
The introduction of the JELLYJELLYUSDT perpetual contract on OKX marks a significant step forward for both the exchange and the broader social-fi movement in crypto. It bridges entertainment, community, and financial innovation — all within a secure, regulated trading environment.
Whether you're a seasoned derivatives trader or a fan of emerging meme ecosystems, this listing opens new doors for participation and profit in one of Solana’s most talked-about projects.
As always, trade responsibly, manage your risk, and stay informed about market developments.
👉 Access institutional-grade trading tools and join a global community of innovators now.