We are excited to announce that USDT-margined perpetual futures for SOLV will be available on OKX starting at 10:15 am UTC on January 17, 2025. This update applies to both web and mobile app interfaces, as well as the API. Below are the key details:
Listing Schedule
- SOLV/USDT perpetual futures trading begins:
10:15 am UTC, January 17, 2025.
SOLV Perpetual Futures Overview
Solv Protocol is a decentralized Bitcoin staking platform that enhances Bitcoin liquidity through innovative consensus infrastructure. It solves challenges like fragmented BTC assets, yield optimization, and secure custody, bridging Bitcoin holders to BTCFi (Bitcoin Finance).
Key Specifications
| Feature | Details |
|---|---|
| Underlying | SOLV/USDT index |
| Settlement Crypto | USDT |
| Face Value | 100 |
| Price Quotation | 1 SOLV value in USDT |
| Tick Size | 0.000001 |
| Leverage | 0.01–50x |
| Funding Fee | Capped at ±1.5% (temporarily 0.03% until 4:00 pm UTC Jan 17, 2025) |
| Funding Interval | Every 4 hours |
| Trading Hours | 24/7 |
👉 Explore SOLV perpetual futures trading
Funding Fee Adjustment
To mitigate excessive fees during initial launch:
- Before 4:00 pm UTC Jan 17, 2025: Max funding fee = 0.03%.
- After 4:00 pm UTC Jan 17, 2025: Resumes standard cap of 1.5%.
Note: Fees are adjusted dynamically based on market premium and interest rates.
Price Limits & Trading Rules
SOLV perpetual futures follow OKX’s standard price limit mechanisms. Refer to the platform’s perpetual futures guide for specifics.
FAQs
1. What is SOLV Protocol?
SOLV is a decentralized Bitcoin staking protocol that unlocks liquidity for BTC holders through yield-generating infrastructure.
2. When does SOLV perpetual futures trading start?
Trading launches at 10:15 am UTC on January 17, 2025.
3. What leverage is available for SOLV futures?
Leverage ranges from 0.01x to 50x.
4. How are funding fees calculated?
Fees are based on the spread between futures and spot prices, with a temporary 0.03% cap during the first day.
5. Can I trade SOLV futures 24/7?
Yes, markets operate 24/7 after launch.
OKX Team
January 16, 2025