OKX has officially announced the listing of the SAHARA token, the native cryptocurrency of the Sahara AI project, on its spot trading markets. This guide provides a comprehensive overview of the listing timeline, trading rules, project background, and key considerations for traders.
Key Listing Dates and Times
The SAHARA token listing will follow a structured timeline to ensure a smooth market opening. All times are in Coordinated Universal Time (UTC).
- Deposits Open: June 19, 2025, at 8:00 am UTC.
- Call Auction Period: June 26, 2025, from 11:00 am to 12:00 pm UTC.
- Spot Trading Begins: SAHARA/USDT trading officially commences at 12:00 pm UTC on June 26, 2025.
- Withdrawals Open: June 26, 2025, at 2:00 pm UTC.
It is crucial for participants to be aware of these times to plan their trading activities accordingly.
Trading Rules and Risk Management
To safeguard investors from the extreme volatility often associated with new token listings, OKX implements specific risk control measures during the initial trading phase.
Initial Order Restrictions
For the first five minutes after SAHARA/USDT spot trading begins, the following restrictions will be in place:
- The use of market orders is prohibited.
- A limit order cannot exceed a value of $10,000.
- A single user's maximum net position is capped at $10,000.
These protective measures are automatically lifted five minutes after trading starts, allowing for normal market operations.
Price Limit Rules
OKX employs a dynamic price limit system to maintain market stability. The mechanism evolves based on the availability of a stable index price.
Closing Price-Based Limits: Initially, when a stable index is unavailable, price limits are calculated based on the previous minute's closing price or the call auction's execution price, multiplied by a factor (1 + H). There is no lower limit (minimum ask price) during this phase.
Index-Based Limits: Once a reliable index price is established, the system switches to a more nuanced model. For the first 10 minutes, prices are constrained within a band around the index (Index × (1 ± X)). After this period, the limits incorporate a moving average of the premium over the last two minutes, bounded by wider parameters (Y and Z).
OKX reserves the right to adjust parameters (N, H, X, Y, Z) or change the calculation method in response to market conditions without prior notice. 👉 View real-time trading rules and parameters
Understanding the Call Auction Process
The SAHARA/USDT pair will utilize a call auction mechanism to determine a fair opening price. During the one-hour auction window, users can submit buy and sell orders at their desired prices.
- Order Limits: To ensure fairness, the total value of each user's buy orders during the auction must not exceed $50,000.
- Order Modifications: In the final five minutes of the auction, users can place new orders but cannot cancel or modify existing ones. This rule helps prevent last-minute market manipulation and ensures a orderly price discovery process.
Following the auction, OKX may display a "project team’s opening price" provided by the Sahara AI team. It is important to note that this price is for informational purposes only; it is not the result of the call auction and does not affect the execution price of user orders.
An Overview of the Sahara AI Project
Sahara AI is a decentralized platform that leverages blockchain technology to create a collaborative ecosystem for artificial intelligence. The project aims to democratize access to AI by allowing users to create, share, and monetize AI assets.
These assets can include proprietary AI models, specialized datasets, and functional AI applications. The SAHARA token serves as the native utility and governance asset within this ecosystem.
Token Details:
- Asset Name: Sahara AI
- Ticker: SAHARA
- Total Supply: 10,000,000,000 SAHARA
- Contract Address: 0xFDFfB411C4A70AA7C95D5C981a6Fb4Da867e1111
Preparing for Trading
To participate in the SAHARA trading event, users must ensure they have USDT (Tether) in their OKX spot wallet. You can deposit USDT from an external wallet or purchase it directly on the platform to be ready for when trading goes live.
A promotional campaign offering a share of a 3,000,000 SAHARA prize pool is also associated with this listing. Users should refer to the official OKX announcement page for detailed terms and conditions of the promotion.
Frequently Asked Questions
What is the SAHARA token?
SAHARA is the native cryptocurrency of the Sahara AI platform, a blockchain project focused on creating a decentralized marketplace for AI models, data sets, and applications. It is used for transactions, incentives, and governance within its ecosystem.
When can I start trading SAHARA on OKX?
Spot trading for the SAHARA/USDT pair is scheduled to open at 12:00 pm UTC on June 26, 2025. The deposit functionality for the token opens a week earlier on June 19.
Why are there trading restrictions in the first five minutes?
The initial order and price limits are risk management tools designed to protect investors from the high volatility and potential price manipulation that can occur in the first moments of a new token's trading life. They help ensure a more stable and fair market opening.
What is a call auction?
A call auction is a process where buy and sell orders are collected over a set period before trading officially begins. The system then matches these orders to calculate a single, fair opening price that maximizes the volume of tradeable orders.
Is the "project team’s opening price" the price I will trade at?
No. The price provided by the project team is for informational purposes only and represents their valuation. Your orders will be executed based on the actual market prices determined by the call auction and subsequent continuous trading on the OKX exchange.
Where can I find the most current trading rules?
OKX may update parameters based on market conditions. 👉 Explore the latest market information and official rules directly on their website for the most accurate and up-to-date details.
Risk Warning: Trading digital assets like SAHARA involves significant risk due to their highly speculative and volatile nature. Investors should be prepared for the possibility of losing their entire investment. The information provided here is for educational purposes only and should not be considered financial advice. It is essential to conduct your own thorough research (DYOR) and understand your personal risk tolerance before engaging in any trading activity. OKX does not guarantee the accuracy of information provided by third parties, including project teams.