OKX to List HUMAUSD X-Perp Perpetual Contract
At 11:00 Beijing time on 10-27, OKX announced it will list HUMAUSD X-Perp. In the early stage of a new contract, order book depth and liquidity are usually thin, and funding rates are prone to sharp fluctuations, which amplifies slippage and wick risk. Following the approach of defining offense and defense by cycle, first look at the season BTC is in, then judge whether this type of new listing is worth participating in; when direction is unclear, reducing position size and leverage and placing stop-losses at levels where the structure invalidates them is more important than chasing the first wave of price moves. The reasons and further details remain unclear.