Thursday, June 26, 2025

OKX Announces Listing of Sahara AI (SAHARA) for Spot Trading

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KEY TAKEAWAYS

  • OKX is listing Sahara AI (SAHARA) on its spot trading markets, with trading set to begin on June 26, 2025.
  • To manage initial market volatility, OKX will implement risk control measures, including a $10,000 cap on limit orders during the first five minutes of trading.
  • The SAHARA/USDT trading pair will use a call auction mechanism, allowing users to place orders within a one-hour period before continuous trading starts.
  • Sahara AI is a blockchain-powered platform for creating and monetizing AI assets, with a total supply of 10 billion SAHARA tokens.

OKX has announced the listing of Sahara AI (SAHARA) on its spot trading markets. The listing process will commence with deposits opening at 8:00 am UTC on June 19, 2025. The SAHARA/USDT spot trading will officially begin at 12:00 pm UTC on June 26, 2025, following a call auction from 11:00 am to 12:00 pm UTC on the same day. Withdrawals for SAHARA will be available starting at 2:00 pm UTC on June 26, 2025.

Spot Market Opening Risk Control Rules

To mitigate market volatility during the initial phase of the SAHARA listing, OKX will implement specific risk control measures. During the first five minutes of trading, market orders will not be permitted. Additionally, the maximum amount per limit order and the maximum net position per user will be capped at $10,000. These restrictions will be lifted after the initial five minutes of trading.

Price limit rules will also be in place. In the absence of a stable index price, closing price-based limit rules will apply. Once a stable index price is established, index-based limit rules will be adopted. These rules are designed to maintain orderly trading and protect investors.

Call Auction Mechanism

The SAHARA/USDT trading pair will utilize a call auction mechanism before the commencement of continuous trading. This mechanism allows users to submit buy and sell orders at desired prices within a one-hour period. The total value of each user’s buy orders during the call auction must not exceed $50,000. In the last five minutes of the call auction, users can place orders but cannot cancel or modify them.

Following the call auction, OKX will display the project team’s opening price as the initial price on the trading chart. This price is provided for informational purposes and is based on the project’s valuation, not determined by the call auction mechanism.

Sahara AI is a blockchain-powered AI platform that enables users to collaboratively create and monetize AI assets, including proprietary models, datasets, and applications. The total supply of SAHARA is 10,000,000,000 tokens. More details about the listing can be found here.


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Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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