OKX to adjust position tiers of USDCUSDT perpetual swaps

Gepubliceerd op 13 mrt 20232 min. leestijd

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)