Dear OKX Users,
We're excited to announce the official launch of ATHUSDT perpetual contracts on our web platform, mobile app, and API at 12:00 PM (UTC+8) on June 13, 2024. Additionally, ATH/USDT leverage trading and Easy Earn products will become available at 11:30 AM (UTC+8) on the same date. Below are the detailed specifications:
I. Leverage Trading and Easy Earn
- ATH Trading Pairs: ATH will support USDT-margined leverage trading
- Leverage Tiers: The margin tier system will follow our standard Leverage Trading Position Tiers structure (available post-launch)
- Easy Earn Allocation: Refer to our OKX Easy Earn Rules for staking limits
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II. Perpetual Contracts Specifications
Contract Overview
ATHUSDT Perpetual Contract Details:
| Contract Specification | Value |
|---|---|
| Underlying Asset | ATH/USDT Index |
| Settlement Currency | USDT |
| Contract Value | 100 |
| Price Quotation | USDT price per 1 ATH |
| Minimum Price Movement | 0.00001 |
| Leverage Range | 0.01x - 20x |
| Funding Fee Mechanism | Clamp(MA formula) with 0.75% cap |
| Trading Availability | 24/7 |
Special Note for New Listings: During initial volatility (until 00:00 UTC+8 June 14), funding rate caps will be temporarily set at 0.03% before returning to the standard 1.50% limit. The first full funding fee collection occurs at 08:00 UTC+8 on June 14.
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Trading Rules and Features
All standard perpetual contract rules apply to ATHUSDT trading, including:
- Price limit mechanisms
- Order types
- Liquidation protocols
For comprehensive documentation, refer to our USDT-Margined Perpetual Contracts Guide.
FAQ Section
Q: What's the minimum order size for ATHUSDT perpetual contracts?
A: The minimum order size follows our standard 1-contract value (100 ATH).
Q: Can I use cross-margin mode for ATH trading?
A: Yes, both isolated and cross-margin modes are available for all supported pairs.
Q: How frequently are funding fees calculated?
A: Funding occurs every 8 hours (at 00:00, 08:00, and 16:00 UTC+8).
Q: What makes OKX perpetual contracts unique?
A: Our contracts feature:
- Competitive fee structure
- Deep liquidity
- Institutional-grade security
- Advanced risk management systems
OKX remains committed to delivering exceptional products and services to empower your crypto journey.
OKX Team
June 13, 2024