OKX Spot Lists PUMP Token
The crypto world is fast, but new listings still deserve a careful look—especially when they come with trading rules and price limits out of the gate. That’s exactly the case with PUMP, the official token of the Pump.Fun platform, now making its debut on OKX spot trading.
If you’re thinking of buying or selling PUMP, here’s everything you need to know—without the noise, just the facts.
Let’s start with the rollout schedule. Every new listing follows a phased launch, and PUMP is no different:
Deposits open at 4:00 am UTC on July 18, 2025
Call auction begins at 6:00 am UTC, lasting until 7:00 am UTC
Spot trading for PUMP/USDT opens at 7:00 am UTC
Withdrawals start at 11:00 am UTC
That first hour—the call auction—is your chance to place orders before trading officially opens. It’s meant to stabilize the launch, letting buy and sell interest meet before prices start moving in real time.
Once spot trading kicks off, it’s not a free-for-all. OKX has built-in protections to reduce early volatility. Here’s what’s restricted during the first five minutes:
No market orders allowed
Only limit orders, each capped at $10,000
User net position limit: also $10,000
So if you’re looking to place big bets early on, that’s not an option. These rules are temporary and will be removed exactly five minutes after trading begins.
Why these limits? Because early trading can be chaotic. Preventing large orders and market buys helps keep the price from swinging wildly right after launch.
Even with limit orders, there are more layers to consider. In the early phase of trading, dynamic price limits kick in.
First minute of trading: The maximum bid is the final auction price × (1 + H). There’s no floor on how low sellers can go.
Until an index price is available: The price cap shifts to the previous minute’s closing price × (1 + H). Still, no lower ask limit.
Once a stable index exists: For the first 10 minutes, bids and asks must stay within ±X% of the index price.
After that: OKX uses a formula that includes the index price, premium, and variables Y and Z to manage price volatility.
Here’s the catch: OKX can change these limits and variables (H, X, Y, Z) at any time without prior notice. They’re watching the market and can adjust on the fly.
The call auction plays a major role in setting expectations for the trading price.
You can place buy or sell orders at any price you want during this 1-hour phase.
Your buy order limit is $50,000 total per user.
In the last 5 minutes, you can’t cancel or modify any orders you place.
Once the call auction ends, OKX shows a “project team opening price.” But here’s something important: this isn’t the real market price. It’s a number submitted by the PUMP team based on their valuation model. It’s displayed on the trading chart, but it doesn’t influence actual trades.
PUMP is the native token of Pump.Fun, a Solana-based platform that allows users to create, launch, and trade tokens easily. It’s designed for community engagement, meme culture, and experimentation in the token space. If you’re curious, you can verify the token’s contract on Solscan.
Digital assets can be exciting—but they’re also risky. Prices can spike or crash fast. Liquidity can dry up. And there’s always a chance you lose your entire investment. OKX makes it clear: this guide is just for information. It’s not investment advice.
They recommend you do your own research, know your risk appetite, and never invest more than you can afford to lose.
In Short:
If you’re trading PUMP, timing and strategy matter. Know when deposits, auctions, and withdrawals happen. Respect the first 5-minute restrictions. Understand how dynamic price caps are calculated. And don’t confuse the team’s opening price with the real market rate.
Get in, but get in smart.
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