OKX to list BREV (Brevis) for spot trading and convert pre-market futures to standard perpetual futures

Published on Jan 5, 20265 min read

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 BREV (Brevis) on our spot trading markets, and convert pre-market futures to standard perpetual futures for BREV crypto. Please take note of the following details:

Listing timeline

  1. BREV deposits will open at 11:30 UTC on Jan 5, 2026.

  2. BREV call auction will take place from 13:00 to 14:00 UTC on Jan 6, 2026.

  3. BREV/USDT spot trading will open at 14:00 UTC on Jan 6, 2026.

  4. BREV premarket futures will be converted to standard perpetual futures within 3 hours starting 14:00 UTC on Jan 6, 2026 . The conversion will be completed once the index remains stable during this period.

  5. BREV withdrawals will open at 16:00 UTC on Jan 6, 2026.

Project introduction

Brevis is the infinite compute layer for Web3 and everything, powered by zero-knowledge proofs to enable trustless access and processing of omnichain data in smart contracts.


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.
Market orders will not be supported for the first 5 minutes after the call auction ends. Any orders submitted during this period will be rejected.

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.

Deposit USDT

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


BREV standard perpetual futures details:

We are pleased to announce that BREV premarket futures will be converted to standard perpetual futures within 3 hours starting after spot trading opens. The conversion will be completed once the index remains stable during this period. This update covers both the web and app interfaces as well as the API. The details are as follows:

Features

Details

Underlying

BREV/USDT index

Settlement crypto

USDT

Face value

1

Price quotation

1 BREV value calculated in USDT equivalent

Tick size

0.0001

Leverage

0.01-20x

Funding rate

clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.50%, -1.50%]

For average premium index and interest rate calculations, refer to our product documentation

Funding interval

4 hours

Trading hours

24/7

Tiered position limits

Tier

Max open positions (Contracts)

MMR

IMR

Max leverage

1

40,000

2.00%

5.00%

20.00

2

80,000

3.00%

6.67%

15.00

3

120,000

4.00%

8.00%

12.50

4

Increase by 40,000 conts from the previous tier

Increase by 0.5% from the previous tier

Increase by 0.5% from the previous tier

Max. leverage of the tier

Please note that position tiers may be changed after conversion, based on liquidity and market conditions without separate notifications.

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
Jan 5, 2026