OKX Announces KMNO Spot Trading Launch with Controlled Auction Mechanism

OKX is set to launch spot trading for Kamino Finance’s native token, KMNO, starting May 30 at 3:00 AM UTC. The exchange has introduced a structured rollout plan to mitigate volatility, including a one-hour call auction period before the official listing. Deposits for KMNO will open a day earlier on May 29 at 10:00 AM UTC, allowing users to prepare their holdings. During the auction window from 2:00 AM to 3:00 AM UTC, participants can place buy and sell orders, ensuring a fair and orderly market opening. This cautious approach highlights OKX’s commitment to maintaining stability while introducing new digital assets to its platform.

OKX to Launch KMNO Spot Trading with Strict Opening Controls and Auction Mechanism

OKX will list Kamino Finance’s native token, KMNO, for spot trading starting May 30 at 3:00 AM UTC. The exchange has implemented a structured rollout to manage volatility, including a one-hour call auction preceding the listing.

Deposits for KMNO will open on May 29 at 10:00 AM UTC, allowing users to prepare for trading. During the auction window from 2:00 AM to 3:00 AM UTC, buy and sell orders can be placed at fixed prices, with a $50,000 cap per user on buy orders. No last-minute order edits will be permitted between 2:55 AM and 3:00 AM UTC.

The controlled launch reflects growing industry standards for managing token debuts, balancing market access with risk mitigation. OKX’s approach mirrors mechanisms increasingly adopted by major exchanges to stabilize initial price discovery for new assets.

OKX Wallet Partners with Sidekick Labs to Boost Web3 Accessibility

OKX Wallet, the non-custodial multi-chain wallet backed by crypto exchange OKX, has joined forces with analytics provider Sidekick Labs to streamline Web3 adoption. The integration grants users direct access to Sidekick’s on-chain analytics tools through OKX’s interface, which supports over 80 blockchains.

The collaboration focuses on delivering real-time portfolio tracking and actionable insights for DeFi and NFT management. Sidekick Labs brings its reputation for DEEP on-chain analytics to OKX’s 50+ million user base, potentially driving broader institutional adoption of Web3 tools.