We're excited to announce that RSS3 and UMEE margin trading and savings will be enabled starting 7:00 am UTC on February 24, alongside the listing of USDT-margined perpetual swaps for both tokens.
Key Updates
Margin Trading and Savings
Spot Margin Trading Pairs:
- RSS3/USDT
- UMEE/USDT
- Tiered Margin Ratios:
Refer to Margin Borrowing Position Tiers post-listing for details. - Savings Limits:
Check the Business Rules for Savings once the feature goes live.
Perpetual Swap Trading
RSS3/USDT Perpetual Swap
| Feature | Details |
|---|---|
| Underlying | RSS3/USDT Index |
| Settlement Asset | USDT |
| Face Value | 10 RSS3 |
| Price Quotation | 1 RSS3 value in USDT |
| Tick Size | 0.00001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Clamp(MA(((best bid + best offer)/2 - spot index)/spot index - interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
UMEE/USDT Perpetual Swap
| Feature | Details |
|---|---|
| Underlying | UMEE/USDT Index |
| Settlement Asset | USDT |
| Face Value | 10 UMEE |
| Price Quotation | 1 UMEE value in USDT |
| Tick Size | 0.00001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Same as RSS3 |
| Trading Hours | 24/7 |
Note: Initial funding rate caps are adjusted to 0.03% until 4:00 pm UTC on February 24 to mitigate premium volatility. Post this, normal caps (0.75%) resume.
👉 Explore OKX’s Perpetual Swap Trading Guide
FAQs
Q1: When will RSS3 and UMEE margin trading go live?
A1: 7:00 am UTC on February 24.
Q2: What’s the maximum leverage for these perpetual swaps?
A2: 75x for both RSS3 and UMEE.
Q3: Are there any restrictions on funding rates initially?
A3: Yes, a 0.03% cap applies until 4:00 pm UTC on launch day.
Q4: Where can I find detailed margin tier rules?
A4: Visit OKX’s Margin Trading page post-listing.
Stay updated via OKX Twitter or join our official community.
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