2024

SUNDOG

Virtuals Protocol

OKX will launch of USDT perpetual contracts for Virtual Protocol’s token and Tron-based meme coin on Dec. 11 with leverage of up to 50x. 
In a recent <a href="https://www.okx.com/help/okx-to-list-perpetual-futures-for-virtual-sundog-crypto" target="_blank" rel="nofollow">notice</a>, major crypto exchange <a rel="" href="https://crypto.news/tag/okx/">OKX</a> announced that it will list AI agent platform token VIRTUAL and <a rel="" href="https://crypto.news/tag/meme-coin/">meme coin</a> SUNDOG (<a rel="" href="https://crypto.news/price/sundog/">SUNDOG</a>) as USDT (<a rel="" href="https://crypto-news.webpkgcache.com/doc/-/s/crypto.news/price/tether/">USDT</a>)-margined perpetual futures. Trading support for VIRTUAL/USDT perpetual futures will begin on Dec. 11 at 10:00 UTC, meanwhile trading for SUNDOG/USDT starts on the same day at 10:15 UTC. 
Both perpetual contracts have a minimum leverage of 0.01x and a maximum leverage of up to 50x. 
The funding fee established for both perpetual contracts will be +1.50% and -1.50% with zero interest. The funding fee calculation frequency is set to occur every four hours. The tick size for the SUNDOG/USDT and VIRTUAL/USDT perpetual contracts are set to 0.0001. 
The exchange noted that it will place the upper limit for both perpetuals contract’s funding fee to 0.03% before 16:00 UTC on Dec. 11, to avoid unreasonable fee increases due to fluctuations of newly launched futures. The upper limit for the funding fee will go back to 1.5% after 16:00 UTC. The funding fee for this period will be charged on Dec. 11 at 20:00 UTC. 
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In the minutes leading up to the OKX listing, SUNDOG has barely moved, only having gone up by nearly 2% according to data from <a rel="" href="https://crypto.news/price/sundog/">crypto.news</a>. At the time of writing, the Tron (<a rel="" href="https://crypto.news/price/tron/">TRX</a>)-based token is currently trading hands $0.15. In the past week, the token has plummeted by 20.1% and 3.9% in the past two weeks. 
SUNDOG has a market cap of more than $144 million and a 24-hour trading volume of around $120 million. SUNDOG has a total circulating supply of 1 billion tokens. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1596" height="1200" src="https://crypto.news/app/uploads/2024/12/chart-6-1.png" alt="OKX lists VIRTUAL and SUNDOG on perpetual futures - 21" class="wp-image-14318342">
 <figcaption class="wp-element-caption">
 Price chart for SUNDOG in the past 24 hours of trading, December 11, 2024 | Source: <a rel="" href="https://crypto.news/price/sundog/">crypto.news</a>.
 </figcaption>
</figure> 
Meanwhile, VIRTUAL has gone up twice as much as SUNDOG. According to data from <a href="https://www.coingecko.com/en/coins/virtual-protocol" target="_blank" rel="nofollow">CoinGecko</a>, the Virtuals Protocol token went up by nearly 4% and holds a current value of $1.68. VIRTUAL has gone up by 3% in the past week and nearly 100% in the past two weeks. 
VIRTUAL has a market cap of more than $1.6 billion and a 24-hour trading volume of $267 million. The token has a total circulating supply of 1 billion tokens. 
SUNDOG is the sixth largest token and the biggest dog-themed meme coin on the Tron ecosystem. Initially launched as a meme coin, SUNDOG has grown beyond its playful origins to offer a variety of features. It is currently listed on a number of exchanges including Bybit, Bitget and Gate.io. 
VIRTUAL is the native token of Virtuals Protocol, which is a layer for autonomous AI agents. The platform enables users to create their own AI agents by launching a new token or an existing one. 
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 Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

OKX lists VIRTUAL and SUNDOG on perpetual futures

crypto.news

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