Dear OKX Users,
We're excited to announce the official launch of three new X trading products across our web platform, mobile app, and API interfaces:
Product Launch Timeline
- X Perpetual Contracts: Live from 5:30 PM UTC+8 on October 25
- X Leverage Trading & Easy Earn: Live from 7:30 PM UTC+8 on October 25
I. Leverage Trading & Easy Earn Features
Leverage Trading
- X will support USDT trading pairs for margin trading
Tiered margin design (available post-launch):
- Position tiers determine maximum leverage ratios
- Risk management protocols apply
👉 Learn about margin trading position tiers
Easy Earn
- Flexible savings product for X holders
- Daily interest accrual with no lock-up period
- Allocation limits apply (visible post-launch)
II. Perpetual Contracts Specification
XUSDT Perpetual Contract Details
| Contract Specification | Details |
|---|---|
| Underlying Index | X/USDT |
| Settlement Currency | USDT |
| Contract Value | 10,000 X |
| Price Quotation | USDT price per 1 X |
| Minimum Price Movement | 0.0000001 |
| Leverage Range | 0.01–50x |
| Trading Hours | 24/7 |
Funding Rate Mechanism
- Calculated hourly based on premium index
- Initial cap: 0.03% (until 00:00 UTC+8 Oct 26)
- Standard cap: 1.5% (after 00:00 UTC+8 Oct 26)
- First actual collection: 08:00 UTC+8 Oct 26
👉 Review perpetual contract trading rules
FAQ Section
Q1: What's the minimum investment for Easy Earn?
There's no minimum requirement - you can stake any amount of X tokens.
Q2: Can I trade perpetual contracts before the funding rate normalizes?
Yes, but be aware of the temporary 0.03% rate cap during initial trading hours.
Q3: Is cross-margin available for X leverage trading?
Yes, both isolated and cross-margin modes are supported.
Q4: How often are Easy Earn rewards distributed?
Interest accrues daily and compounds automatically.
We remain committed to delivering exceptional products and services to empower your crypto journey.
OKX Team