Dear OKEx Users,
We're excited to announce the official launch of ALPHA, LUNA, and FTM leverage trading, savings products, and perpetual contracts on OKEx web, app, and API platforms. Key details are outlined below:
I. Leverage Trading and Savings Products
- Trading Pairs: ALPHA/USDT, LUNA/USDT, and FTM/USDT margin trading pairs are now available
- Margin Tiers: Refer to our Margin Borrowing Tier Guide post-launch
- Savings Limits: Check the OKEx Savings Rules for current limits
👉 Discover advanced trading strategies with OKEx's new offerings
II. Perpetual Contract Specifications
ALPHAUSDT Perpetual Contract
| Contract Element | Specification |
|---|---|
| Underlying | ALPHA/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 1 ALPHA |
| Price Quotation | USD price per 1 ALPHA |
| Minimum Price Movement | 0.001 |
| Leverage Range | 0.01-75x |
| Funding Rate Calculation | Clamp(MA(((Bid+Ask)/2-Spot)/Spot-Interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
LUNAUSDT Perpetual Contract
| Contract Element | Specification |
|---|---|
| Underlying | LUNA/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 0.1 LUNA |
| Price Quotation | USD price per 1 LUNA |
| Minimum Price Movement | 0.01 |
| Leverage Range | 0.01-75x |
| Funding Rate Calculation | Same as above |
| Trading Hours | 24/7 |
FTMUSDT Perpetual Contract
| Contract Element | Specification |
|---|---|
| Underlying | FTM/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 10 FTM |
| Price Quotation | USD price per 1 FTM |
| Minimum Price Movement | 0.0001 |
| Leverage Range | 0.01-75x |
| Funding Rate Calculation | Same as above |
| Trading Hours | 24/7 |
Special Note: During the initial launch period until the first settlement, funding rate caps are temporarily set at 0.03% before adjusting to the standard 0.75% limit.
👉 Start trading ALPHA, LUNA, and FTM contracts today
Key Features of These New Offerings
- Flexible Leverage: Adjustable between 0.01-75x
- Continuous Trading: 24/7 market access
- USDT Settlement: Simplified margin management
- Competitive Fees: Transparent funding rate mechanism
FAQs
Q: When did these new products launch?
A: The ALPHA, LUNA, and FTM products became available simultaneously across all OKEx platforms.
Q: What's the minimum trade size for these perpetual contracts?
A: Contract sizes vary by token: 1 ALPHA, 0.1 LUNA, or 10 FTM per contract.
Q: Are there any special risks during the initial launch period?
A: Yes, pricing may be more volatile initially, and funding rate caps are temporarily lower for stability.
Q: Can I use cross-margin for these new pairs?
A: Yes, both isolated and cross-margin modes are supported.
Q: Where can I learn more about trading strategies?
A: Visit our educational resources for trading guides and market analysis.
OKEx remains committed to delivering exceptional products and premium services to our global user base.
OKEx Team