OKX to list NIGHT (Midnight) for spot trading

Dipublikasikan Pada 6 Des 2025Baca 3 mnt

This is a general update. Please check the availability of the listed token or product for your region in the app.

OKX is pleased to announce the listing of NIGHT (Midnight) on our spot trading markets. Please take note of the following details:

Listing timeline

  1. NIGHT deposits will open at 04:00 UTC on Dec 06, 2025.

  2. NIGHT call auction will take place from 09:00 to 10:00 UTC on Dec 09, 2025.

  3. NIGHT/USDT spot trading will open at 10:00 UTC on Dec 09, 2025.

  4. NIGHT withdrawals will open at 12:00 UTC on Dec 09, 2025.


Spot market opening risk control rules
Price limit rules:
When a newly listed crypto lacks a stable index price, the platform will adopt closing price-based limit rules. Once a stable index price becomes available, index-based limit rules will be applied.

Closing price-based limit calculation rules:

Phase

Maximum bid price

Minimum ask price

Within the first 1 minute of listing

Call auction’s execution price × (1 + H)

No limit

From the 1st - Nth minutes (until index is available)

Previous minute’s closing price × (1 + H)

No limit

After the Nth minute (until index is available)

No limit

No limit


Index-based limit calculation rules:

Phase

Maximum bid price

Minimum ask price

Within the 10 minutes of listing

Index × (1 + X)

Index × (1 – X)

After the first 10 minutes of listing

Min[Max(Index, Index (1 + Y) + Avg premium in the last 2 mins), Index × (1 + Z)]

Max[Min(Index, Index × (1 – Y) + Avg premium in the last 2 mins), Index × (1 – Z)]


OKX may adjust the parameters N, H, X, Y, Z or switch limit price calculation methods based on market conditions without prior notice.

For real-time rules, please visit /trade-market/info/spot.

Project introduction

Midnight Network is a data protection blockchain, where Developers and businesses can build decentralized applications that safeguard sensitive data, without sacrificing performance and regulatory requirements.

Deposit USDT

Top up your balance to get ready for NIGHT/USDT spot trading:

Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty or any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to OKX Terms of Service and Risk & Compliance Disclosure for more information.

For any inquiries, please feel free to contact us via OKX Support Center or connect with us on any platform of your choice.

OKX Team
Dec 06, 2025