According to BlockBeats, on August 7, cryptocurrency trading platform WOO X announced the launch of its pre-listed perpetual futures market, which includes the highly anticipated and yet-to-be-listed Orderly token. This product allows traders to invest in tokens before they are officially issued, providing a unique opportunity to participate in the early market.
The pre-launched perpetual futures contracts on WOO X are designed to enable traders to participate in price discovery and hedging strategies before the token is officially launched. This product addresses the investment frenzy around major airdrops and token generation events (TGEs), allowing traders to take advantage of potential market dynamics.
It is reported that, based on market conditions and regulatory compliance, the pre-listed perpetual futures contracts will be converted into regular perpetual futures contracts after the token is officially issued and listed on major trading platforms. Traders can access the pre-listed perpetual futures market under the "Trading" tab of the WOO X desktop application, or by navigating to the "Market" tab in the mobile application and selecting "Pre-listing".
