OKX to adjust position tiers of USDCUSDT perpetual swaps
Published on 13 Mar 20232 min read
In order to improve market liquidity and mitigate risks, OKX will adjust the position tiers of USDCUSDT perpetual swaps at 10:30-11:00 am UTC on Mar. 13.
Specific adjustment details are as follows:
| Contract | Tier | Before | After | ||||||
| Max. amount (Cont) | Maintenance margin ratio | Min. initial margin ratio | Max. leverage | Max. amount (Cont) | Maintenance margin ratio | Min. initial margin ratio | Max. leverage | ||
| USDCUSDT Perpetual | 1 | 20,000 | 2.00% | 5.00% | 20 | 2,000 | 0.65% | 1.33% | 75 |
| 2 | 40,000 | 3.00% | 6.66% | 15 | 5,000 | 1.00% | 2.00% | 50 | |
| 3 | 60,000 | 5.00% | 10.00% | 10 | 15,000 | 1.20% | 2.50% | 40 | |
| 4 | Increase by 20,000 conts from the previous tier | Increase by 0.5% from the previous tier | Increase by 0.5% from the previous tier | Max. leverage of the tier | Increase by 15,000 conts from the previous tier | Increase by 0.5% from the previous tier | Increase by 0.5% from the previous tier | Max. leverage of the tier | |
(1 contract = 10 USDC)
Risk disclaimer
Users' maintenance margin ratio may increase because of tier adjustments and market volatility. To prevent forced liquidations caused by these adjustments, users are encouraged to decrease leverage by either increasing margins or closing positions.
For any inquiries regarding this adjustment, please feel free to contact us in the OKX Telegram group or via the Support Center.
OKX
Mar. 13, 2023 (UTC)