We’re excited to announce that OKX will launch DOGE margin trading, Savings, and DOGEUSDT perpetual contracts across web, mobile app, and API platforms. Here’s everything you need to know:
DOGE Margin Trading and Savings Features
- Trading Pair: DOGE/USDT margin trading will be available
- Leverage Tiers: Refer to our 👉 leverage tier guidelines post-launch
- Savings Limits: Check the 👉 OKX Savings rules after launch
DOGEUSDT Perpetual Contract Details
During the launch window (11:00-11:30 HKT), all coin-margined and USDT-margined perpetual contracts will pause trading for 30 minutes. While order placement/modification will be disabled, other platform functions remain operational.
Risk Management Tip: Adjust positions, increase collateral, or reduce leverage before launch to mitigate volatility risks.
Contract Specifications
| Parameter | Value |
|---|---|
| Underlying Asset | DOGE/USDT Index |
| Settlement Currency | USDT |
| Contract Size | 1,000 DOGE |
| Price Quotation | USDT per 1 DOGE |
| Minimum Price Movement | 0.000001 |
| Leverage Range | 0.01× – 20× |
| Funding Rate Formula | Clamp(MA((MidPrice-Index)/Index), -0.3%, 0.3%) |
| Trading Hours | 24/7 |
| Daily Settlement | 16:00 HKT |
Standard perpetual contract trading rules apply. For advanced documentation, visit our 👉 perpetual contracts guide.
Enhanced Fee Structure
To improve liquidity for altcoins, we’re implementing special maker-taker fees for non-major perpetual contracts:
Regular Users:
| Tier | OKB Holdings | 30d Volume (BTC) | Maker Fee | Taker Fee |
|——|————–|——————-|———–|———–|
| Lv1 | <500 | <5,000 | 0.000% | 0.080% |
| Lv2 | ≥500 | <5,000 | -0.002% | 0.075% |
| Lv3 | ≥1,000 | <5,000 | -0.003% | 0.070% |
| Lv4 | ≥1,500 | <5,000 | -0.004% | 0.065% |
| Lv5 | ≥2,000 | <5,000 | -0.005% | 0.060% |
VIP Users:
| Tier | 30d Volume (BTC) | Maker Fee | Taker Fee |
|——|——————-|———–|———–|
| VIP1 | ≥5,000 | -0.010% | 0.060% |
| VIP2 | ≥10,000 | -0.015% | 0.060% |
| VIP3 | ≥20,000 | -0.020% | 0.060% |
| VIP4 | ≥60,000 | -0.025% | 0.060% |
| VIP5 | ≥100,000 | -0.028% | 0.060% |
| VIP6 | ≥150,000 | -0.030% | 0.060% |
| VIP7 | ≥200,000 | -0.035% | 0.060% |
Note: Major coin contracts (BTC/ETH/EOS/LTC/BCH/XRP/ETC/BSV/TRX) maintain standard fees.
FAQ
Q: When can I start trading DOGE perpetual contracts?
A: The DOGEUSDT perpetual contract launches July 10 at 11:00 HKT.
Q: Will my existing positions be affected during the upgrade?
A: Only perpetual contract trading pauses for 30 minutes; spot markets and account functions remain available.
Q: What’s the maximum leverage for DOGE contracts?
A: Users can access up to 20× leverage on DOGEUSDT perpetual contracts.
Q: How often does funding occur?
A: Funding exchanges happen every 8 hours at 00:00, 08:00, and 16:00 HKT.
Q: Are there special rewards for DOGE market makers?
A: Yes, non-major coin contracts receive enhanced maker rebates as shown in our fee tables.
Q: Where can I learn about margin trading risks?
A: Visit our 👉 risk management resources for educational materials.
OKX remains committed to delivering innovative trading products and exceptional service quality. Happy trading!