Backfill entry OKX listed SLX perpetuals on June 1 and spot on July 10. This page stays on the tracker for completeness. Price and unlock figures were rechecked on October 7.
OKX listed Solstice's SLX for spot trading on July 10 at 12:00 UTC, five weeks after launching its perpetual futures on June 1. SLX is the token of a Solana yield protocol built around the USX synthetic stablecoin. It traded at $0.0597 on October 7, about 91 percent below its June 29 high, close to the low set on September 16.
Where it stands
CoinMarketCap shows SLX at $0.059674 on October 7, with a market cap of $14.49 million and 242.85 million of 1 billion tokens circulating. Its all-time high is $0.6611, set on June 29, and its all-time low is $0.05791, set on September 16. CoinGecko lists the busiest venue as OKX, followed by MEXC, Bitget and Bybit, and shows a listing price of $0.1300. On the way down it set a low of $0.07424 on August 6 and stood at $0.068 on September 1.
Supply explains much of the slide. Tokenomics shows vesting running from May 25, 2026 to May 25, 2029, with 70.8 percent of tokens still locked on October 7. The July 25 event released about 17.3 million tokens, roughly 1.7 percent of total supply. The next release of the same size is scheduled for October 25. Unlocks of that size into a token this young and thin are the supply events our listings guide says to check before reading any dip or pop as information.
How OKX ran the ladder backwards
Exchange listings usually follow a script: spot first, then derivatives if the order book earns them. OKX launched SLX/USDT perpetual futures on June 1 at 05:30 UTC, USDT-margined with leverage up to 20x. Only five weeks later, on July 10, it opened the cash market underneath them. OKX's instrument data confirms both start times and shows both markets live on October 7.
The spot rollout followed OKX's standard choreography, per the exchange's announcement. Deposits opened at 02:00 UTC, a call auction ran from 11:00 to 12:00 UTC to set an opening price inside index-based limits, and withdrawals unlocked at 14:00 UTC. Price limit controls stayed on through the pre-open and the first ten minutes of continuous trading, the same volatility damper Korean venues apply, as on the Derive listing.
SLX/USDT perps, up to 20x, 05:30 UTC.
Tokens can finally move to the venue.
One hour pre-open, index-based limits.
Withdrawals follow at 14:00 UTC.
Five weeks of perps-only trading meant SLX's first OKX price was set in a leveraged, cash-settled market where no trader needed to hold the token. That is increasingly common, but it changes what the spot debut measures. By July 10 the venue already knew what its traders thought SLX was worth. The spot listing tested whether anyone wanted to own it.
What Solstice is, and what to watch
Solstice is a Solana DeFi protocol with a familiar shape after Ethena. USX is the synthetic stablecoin, which the project describes as backed one to one by USDC and USDT with real-time Chainlink proof of reserves. The YieldVault engine runs delta-neutral strategies, the funding-rate harvesting family of trades, and passes the yield to depositors. SLX adds governance and a claimed link to protocol revenue.
Yield-protocol tokens earn the benefit of the doubt with published, verifiable revenue, and until then a listing is a wider door, not a verdict on what walks through it.
- October 25: the next unlock, about 17.3 million SLX.
- Spot and perp basis: a rich spot price suggests accumulation.
- Venue changes: any new exchange notice on SLX.
Not financial advice Listings often spike and then fade once the first wave of buyers is done. Nothing here is a suggestion to buy this token. Check dates on the exchange's own announcement page before trading: schedules slip. Our listing reaction data shows how new listings have typically traded.
