OKX to list perpetual for ZKJ crypto, along with its margin trading and Simple Earn

Opublikowano 6 gru 20242 min czytania

We are pleased to announce that USDT-margined perpetual futures for ZKJ will be enabled at 9:00 am UTC on December 6, 2024. ZKJ margin trading and Simple Earn will be enabled at 10:00 pm UTC on December 6, 2024.


The updates will cover both the web and app interfaces as well as the API. The details are as follows:

I. Margin trading and Simple Earn

  1. Spot margin trading will be activated for the following pair: ZKJ/USDT.

  2. For the details of the tiered margin level, please refer to the position tier margin schedule after official listing.

  3. For the limits of Simple Earn, please refer to the Simple Earn guide after official listing.


II. Perpetual futures trading
ZKJUSDT perpetual futures:

Features

Details

Underlying

ZKJ/USDT index

Settlement crypto

USDT

Face value

1

Price quotation

1 ZKJ value calculated in USDT equivalent

Tick size

0.0001

Leverage

0.01-50x

Funding fee

Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0

Note: Funding fees are received and deducted based on the current period.

Trading hours

24/7

Note: When a new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding fee before 4:00 pm UTC on December 6, 2024 is 0.03%. After 4:00 pm UTC on December 6, 2024, the upper limit of the predicted funding fee will be adjusted back to normal 1.50%. (The funding fee for this period will be charged at 12:00 am UTC on December 6, 2024.)

The price limit rules of ZKJ USDT-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details.
USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement

OKX team
December 6, 2024