OKX has expanded its trading offerings with the introduction of LSK/USDT perpetual contracts, margin trading, and Easy Earn products starting January 30, 2024. This comprehensive update provides traders with diversified strategies to capitalize on Lisk (LSK) market movements.
Key Product Launches
1. Margin Trading and Easy Earn
- LSK/USDT margin pairs now available with tiered risk management
- Easy Earn allocations visible post-launch per platform rules
- Supported across web, mobile app, and API interfaces
2. LSK Perpetual Contracts
The new derivatives product features:
| Contract Specification | Details |
|---|---|
| Underlying Index | LSK/USDT spot index |
| Settlement Currency | USDT |
| Contract Size | 1 LSK |
| Price Quotation | USDT per LSK |
| Minimum Price Movement | 0.001 USDT |
| Leverage Range | 0.01–50x |
| Funding Rate Mechanism | Capped at ±0.75% with special initial limits |
| Trading Availability | 24/7 |
👉 Discover advanced trading strategies with LSK perpetuals
Special Notes:
- Initial funding rate cap of 0.03% until January 31, 2024 (UTC+8)
- Normal 1.50% funding rate cap resumes thereafter
- Full trading rules align with existing perpetual contracts
Why This Matters for Crypto Traders
The LSK product expansion enables:
- Enhanced liquidity access
- Improved capital efficiency
- Additional yield generation opportunities
👉 Start trading LSK products today
FAQ Section
Q: When did LSK trading products launch?
A: All products became available January 30, 2024 at 15:30–16:00 UTC+8.
Q: What's the maximum leverage for LSK perpetuals?
A: Up to 50x leverage is available.
Q: Are there special funding rate provisions?
A: Yes, temporary 0.03% cap during initial 32-hour period.
Q: Which platforms support these new products?
A: Web, mobile app, and API interfaces all provide access.
Q: How does Easy Earn work for LSK?
A: Allocation amounts vary dynamically—check the platform for real-time availability.
OKX remains committed to delivering innovative trading solutions while maintaining robust risk management frameworks for all users.