We are pleased to announce that USDT-margined perpetual futures for TRUMP will be enabled at 5:30 am UTC on January 19, 2025. TRUMP margin trading and Simple Earn will be enabled at 10:30 am UTC on January 19, 2025.
This update covers both the web and app interfaces as well as the API. The details are as follows:
I. Margin trading and Simple Earn
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Spot margin trading will be activated for the following pair: TRUMP/USDT.
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For the details of the tiered margin level, please refer to the position tier margin schedule after official listing.
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For the limits of Simple Earn, please refer to the Simple Earn guide after official listing.
II. Perpetual futures trading
|
Features |
Details |
|
Underlying |
TRUMP/USDT index |
|
Settlement crypto |
USDT |
|
Face value |
0.1 |
|
Price quotation |
1 TRUMP value calculated in USDT equivalent |
|
Tick size |
0.001 |
|
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. |
|
Funding interval |
4 hours |
|
Trading hours |
24/7 |
The price limit rules of TRUMP 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
January 19, 2025
