We are excited to announce that OKX will enable USDT-margined perpetual futures trading for SCR (Scroll) starting at 1:00 pm UTC on October 22, 2024. This update will be available across web, mobile app, and API platforms, offering seamless access to SCR derivatives trading.
Key Listing Details
Trading Launch Timeline
- SCR/USDT perpetual futures will go live at 1:00 pm UTC on October 22, 2024.
SCR Perpetual Futures Overview
Project Background
Scroll (SCR) is a bytecode-level compatible zkEVM Rollup, a leading Ethereum scaling solution designed to enhance throughput while maintaining security.
| Feature | Details |
|---|---|
| Underlying | SCR/USDT index |
| Settlement | USDT |
| Face Value | 1 SCR |
| Tick Size | 0.001 |
| Leverage | 0.01–50x |
| Funding Fee | Capped at ±1.5%, with an initial limit of 0.03% until 4:00 pm UTC |
| Trading Hours | 24/7 |
👉 Explore SCR perpetual futures trading on OKX
Funding Fee Adjustments
- Initial Phase (Until 4:00 pm UTC): Funding fee capped at 0.03% to mitigate volatility.
- Post-4:00 pm UTC: Fee limit reverts to the standard ±1.5%.
Why Trade SCR Perpetual Futures?
- High Liquidity: Benefit from OKX’s deep order books and tight spreads.
- Flexible Leverage: Adjust positions with up to 50x leverage.
- 24/7 Trading: React to market movements anytime.
👉 Start trading SCR derivatives today
FAQs
Q: What is Scroll (SCR)?
A: Scroll is a zkEVM Rollup for Ethereum, offering scalable and low-cost transactions.
Q: How are funding fees calculated?
A: Fees are based on the difference between perpetual contract prices and the spot index, capped at ±1.5%.
Q: Is leverage adjustable?
A: Yes, leverage ranges from 0.01x to 50x, allowing tailored risk management.
Final Notes
OKX ensures a smooth trading experience with transparent pricing and robust risk controls. For full details, refer to our Perpetual Futures Trading Guide.
OKX Team
October 22, 2024
### Keywords:
- SCR perpetual futures
- Scroll cryptocurrency
- USDT-margined trading
- OKX derivatives
- zkEVM Rollup