Perpetual contracts for USELESSUSDT and NEWTUSDT are now available on OKX trading platform.
OKX Launches Perpetual Futures for Meme and AI-Driven Crypto Assets
In a move to cater to traders seeking diversified and cutting-edge derivatives, OKX has launched perpetual futures contracts for Useless Coin (USELESSUSDT) and Newton Protocol (NEWTUSDT) on July 25, 2025. The introduction of these contracts has sparked a cautiously optimistic market reaction, reflecting traders’ appetite for high-volatility meme coins and AI-driven DeFi projects.
The launch of these contracts on OKX may increase trading volumes initially. Notably, the token USELESS experienced a 314.42% price surge over the past 60 days, indicating a growing interest in memecoin-based assets.
OKX officially listed USELESSUSDT at 18:00 UTC and NEWTUSDT at 18:15 UTC on July 25, 2025, making them accessible on multiple platforms including the web, mobile, and API interfaces. The perpetual futures format provides traders with flexibility, leverage opportunities, and liquidity—factors that typically attract speculative and hedging activities in volatile markets.
Long-term outlook for these contracts depends on several factors. For USELESSUSDT, as a memecoin-based contract built on Solana, its success will likely mirror the memecoin market’s overall popularity and sentiment, which is often cyclical and driven by social media and hype dynamics.
On the other hand, NEWTUSDT, tied to Newton Protocol’s AI-driven trading infrastructure, represents a more innovation-focused asset. If AI integration and algorithmic trading solutions gain mainstream adoption, NEWTUSDT could attract more institutional and retail interest over time, potentially resulting in more stable growth and liquidity.
However, both contracts carry inherent risks typical of high-volatility derivatives, and long-term performance will depend heavily on token ecosystem development, market sentiment, and broader crypto market conditions. Regulatory scrutiny and competitive exchange strategies are likely influencers moving forward.
As of July 30, 2025, there are no detailed reports on trading volumes or price trends post-launch, but the initial market engagement reflects a positive reception driven by traders’ interest in meme and AI-related assets. Traders should consider the speculative nature of these contracts when evaluating their positions.
Meanwhile, Binance has launched a Web Wallet Beta for BSC (Binance Smart Chain) and Solana, aiming to expand its offerings in the crypto space. The Coincu research team suggests that the perpetual contract offerings by OKX could alter market perception of meme and DeFi tokens.
In other news, Elon Musk has announced the formation of the America Party, while China is targeting financial crimes amidst the emerging digital finance era. Christina Chapman has been sentenced for a North Korea IT fraud scheme, and Elon Musk has demanded the release of Epstein files and criticized Trump.
[1] CoinMarketCap. (2025). Useless Coin (USELESS). [online] Available at: https://coinmarketcap.com/currencies/useless/ [2] OKX. (2025). Trading NEWTUSDT and USELESSUSDT Perpetual Contracts Now Live on OKX. [online] Available at: https://www.okx.com/en-us/trade/news/2025/07/25/newtusdt-and-uselessusdt-perpetual-contracts-now-live-on-okx [3] OKX. (2025). OKX Launches Perpetual Contracts for Useless Coin and Newton Protocol. [online] Available at: https://www.okx.com/en-us/trade/news/2025/07/25/okx-launches-perpetual-contracts-for-useless-coin-and-newton-protocol [4] Coincu. (2025). OKX Launches Useless Coin and Newton Protocol Perpetual Contracts. [online] Available at: https://coincu.com/news/okx-launches-useless-coin-and-newton-protocol-perpetual-contracts [5] OKX. (2025). OKX Launches Trading for Useless Coin and Newton Protocol Perpetual Contracts. [online] Available at: https://www.okx.com/en-us/trade/news/2025/07/25/okx-launches-trading-for-useless-coin-and-newton-protocol-perpetual-contracts
Investors and traders can potentially benefit from crypto trading with the launch of perpetual futures contracts for Useless Coin and Newton Protocol on OKX, especially given USELESS's significant price surge in the past 60 days. The long-term success of these contracts, however, will depend on factors such as token ecosystem development, market sentiment, and broader crypto market conditions, with regulatory scrutiny and competitive exchange strategies likely playing a part.
