Dear OKEx Users,
OKEx is pleased to announce the official launch of leverage trading, savings products, and perpetual contracts for CONV, SKL, DORA, and ENJ across our web platform, mobile app, and API interfaces. Below are the detailed specifications:
Leverage Trading and Savings
- Trading Pairs: CONV/USDT, SKL/USDT, DORA/USDT, and ENJ/USDT margin trading pairs are now available.
- Leverage Tiers: Post-launch leverage tier details can be found in our Leverage Trading Guide.
- Savings Limits: Refer to the OKEx Savings Product Rules for updated quotas.
Perpetual Contracts Specifications
CONVUSDT Perpetual Contract
| Contract Parameter | Details |
|---|---|
| Underlying | CONV/USDT Index |
| Settlement Currency | USDT |
| Contract Size | 10 CONV |
| Price Quote | USD value per 1 CONV |
| Minimum Price Movement | 0.0001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Clamp(MA((Bid+Ask)/2 − Spot Index)/Spot Index − Interest), ±0.75% |
| Trading Hours | 24/7 |
DORAUSDT Perpetual Contract
| Contract Parameter | Details |
|---|---|
| Underlying | DORA/USDT Index |
| Settlement Currency | USDT |
| Contract Size | 0.1 DORA |
| Price Quote | USD value per 1 DORA |
| Minimum Price Movement | 0.01 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Same as above |
| Trading Hours | 24/7 |
ENJUSDT Perpetual Contract
| Contract Parameter | Details |
|---|---|
| Underlying | ENJ/USDT Index |
| Settlement Currency | USDT |
| Contract Size | 1 ENJ |
| Price Quote | USD value per 1 ENJ |
| Minimum Price Movement | 0.001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Same as above |
| Trading Hours | 24/7 |
Special Note: New contracts may experience initial price instability. To ensure fair funding rate calculations:
- Until April 1, 24:00 HKT, the funding rate cap is temporarily set at 0.03%.
- After this period, the cap reverts to the standard 0.75% (with actual collection on April 2, 16:00 HKT).
👉 Start trading these new assets now
FAQs
Q: What are the trading hours for these new contracts?
A: All perpetual contracts trade 24/7 without interruption.
Q: How is the funding rate calculated?
A: It uses a clamped moving average of the premium/discount to the spot index, with details in the contract specifications above.
Q: Where can I learn more about OKEx's perpetual contracts?
A: Visit our USDT-Margined Perpetual Swaps Guide for comprehensive documentation.
The OKEx team remains committed to delivering exceptional products and services. For updates, follow our 👉 official social channels.
Disclaimer: This announcement is for informational purposes only. Cryptocurrency trading involves significant risk.