Key Dates and Timeline
- SONIC Deposit Opens: January 2, 2025, 8:30 PM (UTC+8)
- SONIC Call Auction Period: January 7, 2025, 7:00 PM – 8:00 PM (UTC+8)
- SONIC/USDT Spot Trading Begins: January 7, 2025, 8:00 PM (UTC+8)
- SONIC Withdrawal Opens: January 7, 2025, 12:00 PM (UTC+8)
👉 Deposit SONIC now to prepare for trading
Risk Control Measures for New Listings
Order Restrictions (First 5 Minutes)
- No market orders allowed.
- Limit orders capped at $10,000 per transaction.
Price Limits
| Phase | Buy Order Max Price | Sell Order Min Price |
|---|---|---|
| First 10 minutes | Index * (1 + X) | Index * (1 - X) |
| After 10 minutes | Min[Max(Index, Index * (1 + Y)), 2-min premium avg] | Max[Min(Index, Index * (1 - Y)), 2-min premium avg] |
Note: Parameters X, Y dynamically adjust based on market conditions.
About Call Auction Mechanism
- 1-hour auction period before spot trading starts.
- Orders are matched algorithmically to determine a reference opening price.
- Project-provided opening price serves as the initial trade reference (does not override user bids).
Project Overview: Sonic SVM
- First SVM launched on Solana.
- Pioneers Web3 TikTok integration, bridging Solana with millions of TikTok users.
- Leading gaming ecosystem on Solana.
Token Details
- Full Name: Sonic SVM
- Symbol: SONIC
- Max Supply: 2.4 billion
- Contract Address:
SonicxvLud67EceaEzCLRnMTBqzYUUYNr93DBkBdDES
How to Prepare
- Deposit USDT to your OKX wallet.
- Monitor SONIC/USDT trading pairs post-launch.
FAQs
Q1: When can I withdraw SONIC?
A: Withdrawals open on January 7, 2025, at 12:00 PM (UTC+8).
Q2: Are market orders allowed immediately after listing?
A: No—only limit orders ($10,000 max) for the first 5 minutes.
Q3: What makes Sonic SVM unique?
A: It combines Solana’s scalability with TikTok’s user base and a robust gaming ecosystem.
Q4: How is the opening price determined?
A: Via 1-hour call auction + project-provided reference price.
Q5: Can I trade SONIC before the official spot launch?
A: No, but you can participate in the call auction.
OKX continues to innovate with secure, user-centric trading experiences.
Last updated: January 2, 2025