We are pleased to announce the listing of ZEUS token's USDT-margined perpetual futures contracts on April 5, 2024, at 08:30 UTC. The ZEUS token will also be listed on Margin Trading and Simple Earn products starting April 8, 2024, at 04:00 UTC.
Updates will be reflected across our website, mobile app, and API interface. Below are the key details:
I. Margin Trading and Simple Earn Products
Instant Margin Trading will be enabled for:
- ZEUS/USDT pair
- For margin level details, refer to our platform after official listing.
- Simple Earn product limits will be updated post-listing.
👉 Discover how Margin Trading enhances your crypto strategy
II. Perpetual Futures Trading
ZEUSUSDT Perpetual Contract Specifications
| Feature | Details |
|---|---|
| Underlying Asset | ZEUS/USDT Index |
| Settlement Currency | USDT |
| Contract Size | 10 ZEUS |
| Pricing | USDT value per 1 ZEUS |
| Minimum Price Movement | 0.0001 |
| Leverage | 0.01x–50x |
| Funding Rate Formula | Clamp(MA[(Best Bid + Best Ask)/2 − Spot Index Price]/Spot Index Price − Interest), where Interest = 0. Max/Min: ±0.75% |
| Trading Hours | 24/7 |
Note: During new contract launches, price spreads may be volatile. To prevent excessive fees:
- Before 16:00 UTC on April 5, 2024: Maximum funding rate cap = 0.03%
- After 16:00 UTC on April 5, 2024: Expected funding rate cap returns to 1.50%
👉 Master perpetual futures trading with OKX's advanced tools
Key Features of ZEUS Token Trading
- High liquidity with USDT pairing
- Flexible leverage options up to 50x
- Transparent funding rate mechanism
FAQ Section
1. When can I start trading ZEUS perpetual contracts?
Trading begins April 5, 2024, at 08:30 UTC.
2. What are the margin requirements for ZEUS/USDT?
Margin levels will be published on our platform post-listing.
3. How does Simple Earn work for ZEUS?
Holders can earn passive income through flexible/staked products starting April 8.
4. Why is the funding rate capped initially?
This protects users from extreme volatility during the contract launch phase.
5. Can I trade ZEUS with cross-margin?
Yes, both isolated and cross-margin modes will be available.
6. Where can I track ZEUS price movements?
Real-time charts are available on OKX's trading interface and API.
Final Notes
OKX remains committed to providing secure, innovative trading solutions. The ZEUS listing expands our diverse crypto derivatives offerings while maintaining rigorous risk management protocols.
For real-time updates, always refer to our official announcements channel.