We're excited to announce the launch of USDT-margined perpetual futures trading for INIT (Initia) on OKX, starting at 11:30 am UTC on April 24, 2025. This update will be available across all platforms, including web, mobile app, and API interfaces.
Key Details for INIT Perpetual Futures Listing
Trading Schedule
- Trading Opens: 11:30 am UTC, April 24, 2025
- Contract Type: INIT/USDT perpetual futures
INIT Perpetual Futures Specifications
Initia is a Layer 1 blockchain designed to integrate appchains through interconnected infrastructure and synchronized economics. Below are the technical specifications for INIT perpetual futures:
| Feature | Details |
|---|---|
| Underlying Asset | INIT/USDT index |
| Settlement Currency | USDT |
| Face Value | 10 INIT |
| Price Quotation | 1 INIT value in USDT |
| Tick Size | 0.0001 |
| Leverage Range | 0.01–20x |
| Funding Rate Formula | Clamped premium index + interest rate adjustments (see OKX documentation) |
| Funding Fee Interval | Every 4 hours |
| Trading Availability | 24/7 |
Special Note: To mitigate volatility risks for new contracts, the funding fee cap will be temporarily set at 0.5% until 4:00 pm UTC on April 24, 2025, after which it reverts to the standard 1.5% limit. Adjustments may occur based on market conditions.
👉 Explore INIT perpetual futures trading on OKX
Why Trade INIT Perpetual Futures?
- High Leverage: Up to 20x leverage amplifies trading opportunities.
- 24/7 Market Access: Trade anytime with continuous liquidity.
- USDT Margining: Simplify positions with stablecoin collateral.
FAQ Section
1. What is Initia (INIT)?
Initia is a scalable L1 blockchain that enables appchains to interoperate seamlessly while maintaining economic alignment.
2. How does the funding rate work?
Funding fees balance long/short demand and are calculated every 4 hours based on premium indices and interest rates.
3. Are there trading limits for INIT futures?
Yes, price limits follow OKX’s standard perpetual futures rules. Refer to the platform guides for specifics.
4. Can I use cross-margin for INIT futures?
Currently, only USDT-margined accounts are supported.
👉 Start trading INIT futures with low fees today
Disclaimer: Trading cryptocurrencies involves risk. OKX does not guarantee profits. Always conduct independent research.