Dear OKX Users,
OKX is excited to announce the official launch of NXPCUSDT, LAUNCHCOINUSDT, and MUBARAKUSDT perpetual contracts on June 3, 2025, between 6:00 PM–6:30 PM (UTC+8) across web, mobile app, and API platforms. Below are the detailed specifications:
1. Trading Launch Schedule
- NXPCUSDT: June 3, 6:00 PM (UTC+8)
- LAUNCHCOINUSDT: June 3, 6:15 PM (UTC+8)
- MUBARAKUSDT: June 3, 6:30 PM (UTC+8)
2. Contract Specifications
NXPCUSDT Perpetual Contract
Project Background:
NEXPACE (NXPC) is a blockchain gaming initiative by Nexon, leveraging the MapleStory universe to create a decentralized ecosystem with player-owned assets via NXPC tokens and NFTs.
Key Contract Terms:
| Parameter | Details |
|---|---|
| Underlying | NXPC/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 1 NXPC |
| Price Quotation | USD price per 1 NXPC |
| Minimum Price Increment | 0.001 |
| Leverage | 0.01–50x |
| Funding Rate Formula | Clamped premium index + adjusted interest rate (capped at ±1.5%) |
| Funding Interval | Every 4 hours |
| Trading Hours | 24/7 |
👉 Trade NXPC with up to 50x leverage
LAUNCHCOINUSDT Perpetual Contract
Project Background:
Launch Coin (LAUNCHCOIN) enables users to create and list tokens via social posts on X, hosted on the Believe platform.
Key Contract Terms:
| Parameter | Details |
|---|---|
| Underlying | LAUNCHCOIN/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 10 LAUNCHCOIN |
| Price Quotation | USD price per 1 LAUNCHCOIN |
| Minimum Price Increment | 0.0001 |
| Leverage | 0.01–20x |
| Funding Rate Formula | Same as NXPCUSDT |
| Funding Interval | Every 4 hours |
| Trading Hours | 24/7 |
MUBARAKUSDT Perpetual Contract
Project Background:
MUBARAK is a meme token inspired by the Arabic word for "blessed."
Key Contract Terms:
| Parameter | Details |
|---|---|
| Underlying | MUBARAK/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 100 MUBARAK |
| Price Quotation | USD price per 1 MUBARAK |
| Minimum Price Increment | 0.00001 |
| Leverage | 0.01–50x |
| Funding Rate Formula | Same as NXPCUSDT |
| Funding Interval | Every 4 hours |
| Trading Hours | 24/7 |
👉 Explore MUBARAK trading opportunities
Special Notes on Funding Rates
- June 4, 2025, 12:00 AM (UTC+8): Funding rate cap temporarily reduced to 0.5% to mitigate volatility. Normal cap (1.5%) resumes after 4:00 AM (UTC+8).
- Rate adjustments may occur if price deviations are detected.
FAQ
Q1: How are funding rates calculated?
A: Rates combine a premium index and interest rate, clamped to prevent extreme values.
Q2: What’s the minimum order size?
A: Varies by contract—1 NXPC, 10 LAUNCHCOIN, or 100 MUBARAK.
Q3: Can I trade these contracts on mobile?
A: Yes! All contracts are available on OKX’s web, app, and API platforms.
Q4: Are there trading limits?
A: Standard OKX perpetual contract rules apply. Refer to the USDT-Margined Perpetual Docs.
OKX remains committed to delivering innovative products and exceptional service.
OKX Team
June 3, 2025
👉 Start trading today with OKX
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