Yield Basis is a DeFi protocol that aims to turn crypto into productive assets using an original Automatic Market Making mechanism without impermanent loss.
Last price
0.09035 USDT
Trading volume
159.76M USDT
Conversion time
Oct 15, 2025, 19:30
0.09035 USDT
Trading volume
159.76M USDT
Delivery time
Oct 15, 2025, 19:30
YB status
- Prepare for pre-market tradingPre-market trading for YB will start on Oct 12, 2025, 15:00.
- Pre-market trading startsTrade pre-market perpetuals for YB.
- Convert to regular perpetualsTrade converted perpetual contracts in our regular perpetual markets.
Latest announcements
CORE delisting from Onchain Earn
Dear OKX users, Based on prudent risk management principles, we have delisted the following Onchain Earn product. The related product new subscriptions have been suspended, and has been removed from the product listing. All related funds have been fully redeemed from the on-chain protocol in advance. The affected protocol, network, and expected fund arrival time are as follows: Protocol/Network...
OKX to list CP/USDT (Cluster Protocol) for spot trading
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 CP/USDT (Cluster Protocol) on our spot trading markets. Please take note of the following details:Listing timeline CP deposits will open at Sep 01, 2026 05:00 UTC . CP/USDT call auction will take place from from 13:30 to 14:30 UTC on Sep 02,...
OKX to list MRNAUSD Equity X-Perp
This is a general update. Please check the availability of the listed token or product for your region in the app. We are pleased to officially launch an equity USD Expiry Perp (X-Perp). The update will cover the web and app interfaces, as well as the API. The details are as follows: Supported trading pair: MRNAUSD UM (X-Perp) trading will open at 09:00 UTC on September 1, 2026 X-Perp is designed...
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FAQ
OKX pre-market trading allows you to trade crypto that are not yet listed in our spot markets. You can participate in price discovery by trading USDT-margined pre-market perpetual contracts. When the crypto get listed for spot trading, the pre-market perpetuals contracts get converted to standard perpetual contracts. Your positions and profits will be carried over; no need for any manual operations.
1. If the new crypto gets successfully listed for spot trading:
• Pre-market trading will stop after the new crypto is listed.
• Your pre-market contracts will be converted to the standard perpetual contracts of the same crypto. Your pre-market positions and trading data will automatically carry over.
• After the conversion is complete, our standard funding rate mechanism will be adopted. You can keep holding the positions or trade them as you see fit. For detailed conversion timeline, please refer to our crypto-specific official announcement.
2. If for some reason the crypto is not listed on OKX:
• Pre-market trading for this crypto will end and all contracts will settle.
• The settlement price will be based on the crypto’s arithmetic average price for a period of time before the end of pre-market trading. It could be set at a very small value under special circumstances, for example, when market liquidity is low. For detailed settlement rules, please refer the pre-market trading terms for each crypto.
• Pre-market trading will stop after the new crypto is listed.
• Your pre-market contracts will be converted to the standard perpetual contracts of the same crypto. Your pre-market positions and trading data will automatically carry over.
• After the conversion is complete, our standard funding rate mechanism will be adopted. You can keep holding the positions or trade them as you see fit. For detailed conversion timeline, please refer to our crypto-specific official announcement.
2. If for some reason the crypto is not listed on OKX:
• Pre-market trading for this crypto will end and all contracts will settle.
• The settlement price will be based on the crypto’s arithmetic average price for a period of time before the end of pre-market trading. It could be set at a very small value under special circumstances, for example, when market liquidity is low. For detailed settlement rules, please refer the pre-market trading terms for each crypto.
• Pre-market trading start time: Please refer to the crypto-specific official announcement from OKX.
• Listing and conversion timeline: Once a new crypto is confirmed to be listed in OKX’s spot markets, we will announce in advance when the crypto’s pre-market trading will end and when the conversion to standard perpetuals will happen. It normally happens within a few hours after the crypto is listed for spot trading.
• Delisting settlement time: If the crypto isn’t listed for spot trading for some reason, we will announce in advance when the crypto’s pre-market trading will end and when the pre-market perpetual contracts will settle.
• Listing and conversion timeline: Once a new crypto is confirmed to be listed in OKX’s spot markets, we will announce in advance when the crypto’s pre-market trading will end and when the conversion to standard perpetuals will happen. It normally happens within a few hours after the crypto is listed for spot trading.
• Delisting settlement time: If the crypto isn’t listed for spot trading for some reason, we will announce in advance when the crypto’s pre-market trading will end and when the pre-market perpetual contracts will settle.
