OKX to List ASML, ON, and ALAB Stock Perpetual Contracts
Beijing time 10-27 11:00, OKX announced it will list three stock-based X-Perps: ASMLUSD, ONUSD, and ALABUSD. In the early stage, the new contracts will have thin order books and prices that jump easily, so wick-hunting and slippage costs will both be amplified, and funding rates will also change frequently with long/short crowding. Following the approach of defining offense and defense by cycle, for new products first look at whether funding is hot or cold, then discuss direction, and don't rush to participate before a structure emerges; if you really want to touch it, first try with a small position, place the stop-loss at a level that becomes invalid once the trend breaks, and don't chase the first candle.