OKX Offering Bitcoin, Ether Trading Pairs Against Terra's UST

Spot trading for Solana’s SOL and Avalanche’s AVAX tokens against UST stablecoins will also be launched.

AccessTimeIconApr 1, 2022 at 7:47 a.m. UTC
Updated Apr 1, 2022 at 3:10 p.m. UTC
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Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...

Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

Jenny Johnson
President and CEO
Franklin Templeton
Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...
Jenny Johnson
President and CEO
Franklin Templeton
Consensus 2023 Logo
Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...

Crypto exchange OKX has started offering trading pairs for Terra's UST with bitcoin (BTC), ether (ETH) and the native tokens of Solana (SOL) and Avalanche (AVAX).

  • “OKX is pleased to announce the listing of BTC/UST, ETH/UST, SOL/UST, AVAX/UST on our spot trading markets as we continue to support the development of the Terra ecosystem,” the exchange said in a statement on Friday.
  • The trading pairs will go live on Friday at 6:00 UTC, the statement said.
  • UST, alongside LUNA, is one of the two tokens of the Terra ecosystem. UST's value is pegged at 1:1 to the U.S. dollar and is the largest decentralized stablecoin in the crypto ecosystem with a market capitalization of $16 billion.
  • UST is most widely used on Anchor, a money market for lending and borrowing built on Terra. Over $8.79 billion in UST is locked on Anchor, according to data from tracking tools .

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Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.


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Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.