According to Foresight News, options exchange Aevo has launched Pre-Launch token futures to provide perpetual contract trading services for upcoming tokens. This product has no index price and no funding rate, but once the token is listed on the spot market, it will immediately start to refer to the index price and enforce the funding rate. Aevo stated that due to the experimental and high-risk nature of the product, strict position limits and open interest caps will be implemented in these markets, and the first token to be launched is SEI.