Dear OKX Users,
We are excited to announce the official launch of FET/USDT and AGIX/USDT trading services on OKX, including leverage trading, Simple Earn, and perpetual contracts. Below are the detailed rules and specifications:
1. Leverage Trading & Simple Earn
FET/USDT & AGIX/USDT Pairs
- Both FET and AGIX will support USDT-denominated leverage trading.
- Leverage tiers will follow OKX's standard Margin Trading Tier Rules.
- Simple Earn allocations can be checked post-launch under Simple Earn Rules.
👉 Maximize your returns with OKX's leverage trading
2. Perpetual Contracts
FETUSDT Perpetual Contract Specifications
| Contract Parameter | Details |
|---|---|
| Underlying | FET/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 10 FET |
| Price Quotation | USDT price per 1 FET |
| Minimum Price Increment | 0.0001 |
| Leverage Range | 0.01–20x |
| Funding Rate Formula | Clamp(MA([(Contract Bid + Ask)/2 – Spot Index] / Spot Index – 0%), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
AGIXUSDT Perpetual Contract Specifications
| Contract Parameter | Details |
|---|---|
| Underlying | AGIX/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 10 AGIX |
| Price Quotation | USDT price per 1 AGIX |
| Minimum Price Increment | 0.0001 |
| Leverage Range | 0.01–20x |
| Funding Rate Formula | Same as FETUSDT |
| Trading Hours | 24/7 |
Note:
To ensure stability during initial launch:
- Funding rate caps are 0.03% until 00:00 (UTC+8) on November 28, 2023.
- Post-November 28, the cap reverts to 1.50% (effective from 16:00 UTC+8).
For full trading rules, refer to: OKX Perpetual Contracts Guide.
FAQs
Q1: When will FET and AGIX trading services go live?
- FET/USDT: November 27, 2023, at 16:00 (UTC+8).
- AGIX/USDT: November 27, 2023, at 18:00 (UTC+8).
Q2: What leverage levels are available?
Both tokens support 0.01–20x leverage.
Q3: Are there any special funding rate adjustments?
Yes, a reduced cap of 0.03% applies temporarily post-launch.
👉 Start trading with low fees today
OKX remains committed to delivering top-tier products and services.
OKX Team
November 27, 2023
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