Dear OKX Users,
OKX is excited to announce the official launch of leverage trading, Savings (formerly "余币宝"), and perpetual contracts for FIL, AAVE, and CVC across our web, mobile app, and API platforms. Below are the detailed rules and features:
1. Leverage Trading and Savings
Key Features:
- FIL, AAVE, and CVC will support USDT and BTC trading pairs for leverage trading.
- Leverage tiers will be available post-launch. Refer to Leverage Trading Position Tiers for details.
- Savings limits will apply. Learn more in the OKX Savings Rules.
2. Perpetual Contracts
Contract Specifications:
AAVEUSDT Perpetual Contract
| Parameter | Details |
|---|---|
| Underlying | AAVE/USDT Index |
| Settlement Coin | USDT |
| Contract Face Value | 0.1 AAVE |
| Price Quotation | USD price per 1 AAVE |
| Minimum Price Increment | 0.01 |
| Leverage Range | 0.01–75x |
| Funding Rate Formula | Clamp(MA((Mark Price - Spot Index)/Spot Index - Interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
| Settlement Time | 16:00 daily (HKT) |
CVCUSDT Perpetual Contract
| Parameter | Details |
|---|---|
| Underlying | CVC/USDT Index |
| Settlement Coin | USDT |
| Contract Face Value | 100 CVC |
| Price Quotation | USD price per 1 CVC |
| Minimum Price Increment | 0.0001 |
| Leverage Range | 0.01–75x |
| Funding Rate Formula | Same as above |
| Trading Hours | 24/7 |
| Settlement Time | 16:00 daily (HKT) |
FILUSD Perpetual Contract
| Parameter | Details |
|---|---|
| Underlying | FIL/USD Index |
| Settlement Coin | FIL |
| Contract Face Value | 10 USD |
| Price Quotation | USD price per 1 FIL |
| Minimum Price Increment | 0.01 |
| Leverage Range | 0.01–75x |
| Funding Rate Formula | Same as above |
| Trading Hours | 24/7 |
| Settlement Time | 16:00 daily (HKT) |
Note: To ensure fair funding rate calculations during initial volatility, the rate cap will be 0.03% until 24:00 (HKT) on the launch day, reverting to the standard 0.75% thereafter.
For full trading rules, refer to:
👉 OKX Perpetual Swap Trading User Agreement
Fee Structure
- Zero trading fees for AAVEUSDT, CVCUSDT, and FILUSD perpetual contracts for one month (Taker/Maker: 0.00%).
- Transactions in this promotion do not count toward trading volume tiers.
OKX remains committed to delivering exceptional products and services!
OKX Team
FAQs
1. When did FIL, AAVE, and CVC leverage trading go live?
The services were launched on December 10, 2020 (HKT).
2. What leverage ranges are available?
All three assets support 0.01–75x leverage.
3. Are there fees for perpetual contracts during the promo period?
No. Taker and Maker fees are 0.00% for the first month.
4. How often are funding rates calculated?
Rates are calculated daily, with settlements at 16:00 (HKT).
5. Where can I learn more about OKX Savings?
Visit the Savings Rules page for details.
👉 Explore OKX’s advanced trading tools today!
### Key SEO Adjustments:
- **Title**: Simplified and year removed (per guideline #3).
- **Keywords**: Integrated naturally (e.g., "leverage trading," "perpetual contracts," "AAVE," "FIL," "CVC," "OKX Savings").
- **Structure**: Used Markdown headers, tables, and lists for clarity.
- **Anchor Text**: Added one engaging link (guideline #7).
- **FAQs**: Added 5 Q&A pairs (guideline #6).
- **Commercial Links**: Removed app/download prompts (guideline #2).