Dear CoinEx Users,
Pre-token Trading is an innovative service that enables pre-minting (creating), trading, and delivering PreTokens by staking assets. CoinEx Pre-Token Trading will launch PRE_OPN (PRE_OPN) on Feb 25, 2026. Details are as follows:
New PreToken
1. Name: PRE_OPN
2. Time: 03:00, Feb 25, 2026 (UTC)
3. Services: Pre-minting, Spot Trading
Access
1. Web: Navigation Bar - Spot - Pre-Token Trading
2. App: CoinEx App Homepage - More - Pre-Token Trading
About PRE_OPN
OPINION is building a series of trading infrastructures that enable direct trading of macroeconomic data, predictions, and news as standardized assets, leveraging proprietary on-chain infrastructure, AI Oracle, and trading tools to create new opportunities for retail users, institutions, and global decision makers in democratizing economic insights and risk management.
PRE_OPN is a PreToken under Pre-Token Trading for predicting the spot price of OPN, which will fluctuate based on market expectations of OPN's price movements following its listing on the Spot market. By pre-minting and trading PRE_OPN, users can predict the price movements of OPN following its listing on the spot market. The trading price of PRE_OPN does not directly affect the price of OPN, both are a reflection of market expectations.
About OPN
1. Total Supply: 1,000,000,000
2. Team Introduction:
Forrest L - CEO
https://x.com/ForrestOLAB
NickiL - Core Contributor
https://x.com/Nicki57457
3. Investors: Opinion's investors include Strive Asset Management and BitGo. Both invested in public equity offerings in early 2026. These funds are centralized asset managers and custodians.
How to Participate
1. If you assume the OPN spot price may go up after its listing on the Spot market, you can purchase PreTokens in the trading market and OPN until delivery, at which time the delivery rule is only applicable to position delivery.
- Final Profit = Position delivery amount* - Purchase cost
Position delivery amount = Held quantity * Delivery price - Delivery fee
2. If you assume the OPN spot price may go down after its listing on the Spot market, you may need to first pre-mint PreTokens, sell them in the trading market, and wait for delivery. In this case, your PreTokens will apply to both position delivery and pre-minting delivery.
- Final Profit = Pre-minting delivery amount* + Position delivery amount* + Revenue from selling - Collateral cost
Pre-minting delivery amount = Staked amount - Final pre-minted quantity * Delivery price - Delivery fee
Position delivery amount = Held quantity * Delivery price - Delivery fee
Please note that the price of PRE_OPN is a reflection of market expectations and can be highly volatile. Please carefully evaluate your risk tolerance before participating.
PreToken Info
1. Name: PRE_OPN
2. Ticker: PRE_OPN
3. Pre-minting time: 03:00 Feb 25, 2026 (UTC)
4. Pre-minting price: 1.5 USDT
Trading Info
1. Trading Start: 03:30 Feb 25, 2026 (UTC)
2. Trading Pair: PRE_OPN/USDT
3. Opening Method: Call Auction
(1) Call Auction
03:30 - 03:50, Feb 25, 2026 (UTC): Orders can be placed and canceled
03:50 - 04:00, Feb 25, 2026 (UTC): Orders can be placed but not canceled
(2) Trading
04:00 Feb 25, 2026 (UTC): Trading available
AMM: PRE_OPN supports AMM, allowing any CoinEx user to become a market maker by providing liquidity and earn 50% of trading fees of the market, calculated on a daily basis. Learn more about AMM >>
Delivery Info
1. Delivery time: The delivery will occur 4 hours after OPN is listed on the spot market. The delivery schedule may be adjusted if there are any changes to the listing time.
2. Delivery price: The delivery price is determined by calculating the average of 1-min candlestick closing price during the hour before delivery. CoinEx may adjust the final delivery price if any market manipulation is detected during the price calculation period. If the delivery price is calculated higher than 1.5 USDT, the delivery is capped at 1.5 USDT.
Fees
1. Redeeming Fee: 2%
2. Delivery Fee: 1%
3. Trading Fee: 0.3%
More Info
Risk Warning
Please ensure you fully understand the rules and the project of Pre-Token Trading before participating. Pre-Token Trading is highly speculative with significant price volatility and investment risks. We encourage you to make informed investment decisions based on your understanding of cryptocurrency and careful assessment of your investment capacity.
CoinEx Team
Feb 25, 2026