Dear OKX Users,
We're excited to announce the launch of FET/USDT and AGIX/USDT margin trading, Simple Earn products, and perpetual contracts on OKX. The rollout will occur in two phases:
Phase 1: FET/USDT Services (November 27, 2023)
- Launch Time: 4:00 PM UTC+8
Available Products:
- Margin trading
- Simple Earn
- FETUSDT perpetual contract
Phase 2: AGIX/USDT Services (November 27, 2023)
- Launch Time: 6:00 PM UTC+8
Available Products:
- Margin trading
- Simple Earn
- AGIXUSDT perpetual contract
I. Margin Trading and Simple Earn
- Both FET and AGIX will support USDT trading pairs for margin trading
- Leverage tiers will be available according to standard OKX margin trading rules 👉 Margin Trading Position Tiers
- Simple Earn quotas will follow established protocols 👉 OKX Simple Earn Rules
II. Perpetual Contract Specifications
FETUSDT Perpetual Contract
| Contract Element | Details |
|---|---|
| Underlying | FET/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 10 |
| Price Quotation | USDT price per 1 FET |
| Minimum Price Movement | 0.0001 |
| Leverage | 0.01~20x |
| Funding Rate Calculation | Clamp(MA(...), -1.5%, 1.5%) |
| Trading Hours | 24/7 |
AGIXUSDT Perpetual Contract
| Contract Element | Details |
|---|---|
| Underlying | AGIX/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 10 |
| Price Quotation | USDT price per 1 AGIX |
| Minimum Price Movement | 0.0001 |
| Leverage | 0.01~20x |
| Funding Rate Calculation | Clamp(MA(...), -1.5%, 1.5%) |
| Trading Hours | 24/7 |
Special Note: Initial funding rate caps will be:
- 0.03% until 12:00 AM UTC+8 November 28
- Normal 1.50% cap thereafter (first collection at 4:00 PM UTC+8 November 28)
FAQ Section
Q: What are the trading hours for these new products?
A: All services are available 24/7 after launch.
Q: What leverage levels are available?
A: Both contracts support 0.01~20x leverage.
Q: Where can I learn more about OKX perpetual contracts?
A: Visit our 👉 Perpetual Contracts Documentation for comprehensive details.
OKX remains committed to providing exceptional products and services. For any questions, please contact our 24/7 customer support.
OKX Team
November 27, 2023
This version:
1. Preserves all key information
2. Removes dates/years except where operationally necessary