We’re excited to announce that OKX has officially launched FIL, AAVE, and CVC leverage trading, savings products, and perpetual contracts across web, mobile app, and API platforms. Here’s everything you need to know:
1. Leverage Trading & Savings Products
Key Features:
- Trading Pairs: FIL, AAVE, and CVC now support USDT and BTC trading pairs for margin trading.
- Leverage Tiers: Multi-level margin positions available (check platform for updated tier details post-launch).
👉 Explore Margin Trading Position Tiers - Savings Allocation: Dynamic limits apply to savings products.
👉 Learn About OKX Savings Rules
2. Perpetual Contracts (FILUSD, CVCUSDT, AAVEUSDT)
Contract Specifications:
AAVEUSDT Perpetual Contract
| Parameter | Details |
|---|---|
| Underlying Index | AAVE/USDT |
| Settlement Currency | USDT |
| Contract Size | 0.1 AAVE |
| Pricing Unit | USDT per 1 AAVE |
| Minimum Price Movement | 0.01 |
| Leverage Range | 0.01–75x |
| Funding Rate Formula | Clamp(MA((Mid Price – Spot Index)/Spot Index), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
| Daily Settlement | 16:00 HKT |
CVCUSDT Perpetual Contract
| Parameter | Details |
|---|---|
| Underlying Index | CVC/USDT |
| Settlement Currency | USDT |
| Contract Size | 100 CVC |
| Pricing Unit | USDT per 1 CVC |
| Minimum Price Movement | 0.0001 |
| Leverage Range | 0.01–75x |
| Funding Rate | Same as AAVEUSDT |
| Trading Hours | 24/7 |
FILUSD Perpetual Contract
| Parameter | Details |
|---|---|
| Underlying Index | FIL/USD |
| Settlement Currency | FIL |
| Contract Size | 10 USD |
| Pricing Unit | USD per 1 FIL |
| Minimum Price Movement | 0.01 |
| Leverage Range | 0.01–75x |
Special Note: Initial funding rate cap set at 0.03% until 24:00 HKT on launch day, adjusting to standard 0.75% thereafter.
3. Limited-Time Fee Promotion
- 0% Fees: All users enjoy zero maker/taker fees for AAVEUSDT, CVCUSDT, and FILUSD contracts during the first month.
- Volume Exemption: Trading volume from these pairs won’t affect VIP tier calculations.
FAQ Section
Q: What’s the minimum investment for margin trading?
A: Varies by asset and tier—check the platform’s margin trading guide for specifics.
Q: How often are funding rates calculated?
A: Every 8 hours, with payments occurring at 16:00 HKT daily.
Q: Can I use cross-margin for these new contracts?
A: Yes, both isolated and cross-margin modes are supported.
Q: Are there withdrawal limits for savings products?
A: Limits adjust dynamically based on market conditions.
Q: What happens if liquidation occurs?
A: The platform’s multi-tier liquidation protocol minimizes losses through partial position closures.
OKX remains committed to delivering innovative crypto financial products with robust security measures. Start exploring these new opportunities today!