Cryptocurrency exchange OKX announced that it will launch the TRUTHUSDT perpetual futures contract available for trading on its platform today at 7:30 pm.
The exchange announced that contracts will be activated simultaneously through the web, mobile app, and API. The move is seen as part of OKX's strategy to support new projects through derivatives.
The product in question is based on the TRUTH project developed by Swarm Network. TRUTH is described as a next-generation, privacy-focused oracle layer that combines blockchain infrastructure and artificial intelligence agents to validate real-world data.
The project is attracting attention for its potential use in finance, enterprise applications, and artificial intelligence-based analytics, especially in areas where data security and verifiability are required.
The listing of the TRUTHUSDT perpetual futures contract by OKX is seen as an important step in increasing the project's liquidity and expanding investor access. Perpetual futures offer more flexible trading options in the market as investors can take long or short positions without physically purchasing the asset.
Industry analysts point out that TRUTH is one of the most prominent projects in the blockchain ecosystem due to its data verification process and integration of artificial intelligence. Following the listing of OKX, interest in TRUTH is expected to further increase. However, the exchange warned investors to be aware of market risks before trading.
*This is not investment advice.
